Is Mason, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mason is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Mason has remained a Seller's Market.

Key Takeaway

Mason is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mason, TN

How much do homes in Mason, TN cost?

Median Sold Price

$272,000

-

Based on all homes sold in November 2024.

Difference Since Last Month

+$32,000(+13.3%)

Key Takeaway

Homes in Mason have sold for 13.3% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $195K$392.2K
+101.2%
4 $240K$140K
-41.7%
5+ $280K-
N/A

Summary: Mason housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 101.2%, 4 bedroom homes decreased by 41.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mason
+13.3%
Mason
+13.3%

Housing Supply in Mason, TN

How many homes are available in Mason, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
15150.0%

Summary: The Mason real estate market had 15 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 1111
0.0%
4 33
0.0%
5+ 10
-100.0%

Summary: The Mason 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mason, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Mason in November 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Mason, TN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Mason, TN

Nearby Markets to Mason, TN