$5,047 Closing Credit*
$425,000
1,800 SqFt
2 Beds
•2 Full Baths, 1 Partial
#9973631, Lindsey Cutshaw, Listing Office: Southbound Real Estate
Is Mosheim, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Mosheim has remained a Seller's Market.
Key Takeaway
Mosheim is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mosheim, TN
How much do homes in Mosheim, TN cost?
Median Sold Price
$245,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$48,000(+24.4%)
Key Takeaway
Homes in Mosheim have sold for 24.4% more than they did a year ago.
Summary: The median home sold price in Mosheim was $245,000 in October 2024, up 24.4% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235.7K | $350K | +48.5% |
| 2 Bedrooms | $139.9K | $257.5K | +84.0% |
| 3 Bedrooms | $190K | $260K | +36.8% |
| 4 Bedrooms | $308.5K | $205.5K | -33.4% |
| 5+ Bedrooms | - | $227K | N/A |
Summary: Mosheim housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.5%, 2 bedroom homes increased by 84%, 3 bedroom homes increased by 36.8%, 4 bedroom homes decreased by 33.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Mohawk | $207K | $272.4K | +31.6% |
| Mosheim | $197K | $245K | +24.4% |
| Greeneville | $260K | $280K | +7.7% |
Housing Supply in Mosheim, TN
How many homes are available in Mosheim, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 22 | -8.3% |
Summary: The Mosheim real estate market had 22 homes for sale in October 2024, a 8.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 17 | 17 | 0.0% |
| 4 Bedrooms | 6 | 3 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mosheim housing inventory by bedroom type for October 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 decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mosheim, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Mosheim in October 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Mosheim, TN
How long does it take to sell a home in Mosheim, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 122 Days | 66 Days | -45.6% |
Summary: Homes in Mosheim had an average of 66 days on market in Oct 2024, down by 45.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Mosheim has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Mosheim; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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