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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mosheim is a seller's market

Buyer's
Market

Difference Since September 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

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$53,550(+28.0%)

Key Takeaway

Homes in Mosheim have sold for 28% more than they did a year ago.

Summary: The median home sold price in Mosheim was $245,000 in September 2024, up 28% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $235.7K-
N/A
2 $139.9K$284K
+102.9%
3 $190K$222.9K
+17.3%
4 $284.2K$235K
-17.3%
5+ -$227K
N/A

Summary: Mosheim housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 102.9%, 3 bedroom homes increased by 17.3%, 4 bedroom homes decreased by 17.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mosheim
+28.0%
Greeneville
+11.8%

Housing Supply in Mosheim, TN

How many homes are available in Mosheim, TN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2021+5.0%

Summary: The Mosheim real estate market had 21 homes for sale in September 2024, a 5.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 10
-100.0%
2 00
0.0%
3 1415
+7.1%
4 56
+20.0%
5+ 00
0.0%

Summary: The Mosheim housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 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. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Mosheim in September 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% 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

Sep 2023Sep 2024CHANGE
206 Days119 Days-42.2%

Summary: Homes in Mosheim had an average of 119 days on market in Sep 2024, down by 42.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Mosheim are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During September 2024, 5 homes were sold in Mosheim; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 60% 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 30 Days Ago

Newest Listings in Mosheim, TN

Nearby Markets to Mosheim, TN

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