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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mosheim is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Mosheim was a Seller's Market.

Key Takeaway

Mosheim is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Mosheim, TN

How much do homes in Mosheim, TN cost?

Median Sold Price

$239,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$34,050(+16.6%)

Key Takeaway

Homes in Mosheim have sold for 16.6% more than they did a year ago.

Summary: The median home sold price in Mosheim was $239,000 in November 2024, up 16.6% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $235.7K$350K
+48.5%
2 $140K$257.5K
+83.9%
3 $190K$233K
+22.6%
4 $284.2K$184.5K
-35.1%
5+ $227K-
N/A

Summary: Mosheim housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.5%, 2 bedroom homes increased by 83.9%, 3 bedroom homes increased by 22.6%, 4 bedroom homes decreased by 35.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mosheim
+16.6%
Greeneville
+7.7%

Housing Supply in Mosheim, TN

How many homes are available in Mosheim, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
24240.0%

Summary: The Mosheim real estate market had 24 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 13
+200.0%
3 1920
+5.3%
4 31
-66.7%
5+ 00
0.0%

Summary: The Mosheim housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mosheim, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Mosheim in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
78 Days63 Days-19.4%

Summary: Homes in Mosheim had an average of 63 days on market in Nov 2024, down by 19.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mosheim are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Mosheim; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

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 Mosheim, TN

Nearby Markets to Mosheim, TN

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