$2,363 Closing Credit*
$199,000
864 SqFt
3 Beds
•1 Full Bath
Seth Choate, Listing Office: Keller Williams Realty Nashville/Franklin
Is Lyles, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Lyles has remained a Buyer's Market.
Key Takeaway
Lyles is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lyles, TN
How much do homes in Lyles, TN cost?
Median Sold Price
$329,900
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$1,900(+0.6%)
Key Takeaway
Homes in Lyles have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Lyles was $329,900 in November 2024, up 0.6% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $181K | $257.5K | +42.3% |
| 2 Bedrooms | $328K | $265.9K | -18.9% |
| 3 Bedrooms | $328.9K | $329.9K | 0.3% |
| 4 Bedrooms | $392K | $435K | +11.0% |
| 5+ Bedrooms | $275K | $375K | +36.4% |
Summary: Lyles housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.3%, 2 bedroom homes decreased by 18.9%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 36.4%.
Median Sold Price Compared To Nearby Cities
| Bon Aqua | $380K | $420.7K | +10.7% |
| Lyles | $328K | $329.9K | +0.6% |
Housing Supply in Lyles, TN
How many homes are available in Lyles, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Summary: The Lyles real estate market had 17 homes for sale in November 2024, a 13.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Lyles housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lyles, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Lyles in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Lyles, TN
How long does it take to sell a home in Lyles, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 9 Days | -47.1% |
Summary: Homes in Lyles had an average of 9 days on market in Nov 2024, down by 47.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lyles are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Lyles; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.