$2,730 Closing Credit*
$229,900
1,226 SqFt
3 Beds
•2 Full Baths
Michael (Cody) Kimbrough, Listing Office: First Realty Group
Is Minor Hill, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Minor Hill was a Neutral Market.
Key Takeaway
Minor Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Minor Hill, TN
How much do homes in Minor Hill, TN cost?
Median Sold Price
$141,000
$106/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$128,450(-47.7%)
Key Takeaway
Homes in Minor Hill have sold for 47.7% less than they did a month ago.
Summary: The median home sold price in Minor Hill was $141,000 in November 2024, down 47.7% from last month, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $305K | - | N/A |
| 3 Bedrooms | $233.9K | $141K | -39.7% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Minor Hill 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 decreased by 39.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Minor Hill, TN
How many homes are available in Minor Hill, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Summary: The Minor Hill real estate market had 11 homes for sale in November 2024, a 8.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Minor Hill 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Minor Hill, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Minor Hill in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Minor Hill, TN
How long does it take to sell a home in Minor Hill, TN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 8 Days | -66.0% |
Summary: Homes in Minor Hill had an average of 8 days on market in Nov 2024, down by 66% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Minor Hill are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Minor Hill; 50% 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.