$7,468 Closing Credit*
$628,900
2,856 SqFt
4 Beds
•3 Full Baths
Robin Lyons, Listing Office: Parks Compass
Is Mount Juliet, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Mount Juliet was a Seller's Market.
Key Takeaway
Mount Juliet is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Mount Juliet, TN
How much do homes in Mount Juliet, TN cost?
Median Sold Price
$560,333
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,093(+4.1%)
Key Takeaway
Homes in Mount Juliet have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Mount Juliet was $560,333 in October 2024, up 4.1% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $232.5K | N/A |
| 2 Bedrooms | $385K | $400K | +3.9% |
| 3 Bedrooms | $441K | $480.4K | +8.9% |
| 4 Bedrooms | $599.9K | $606K | +1.0% |
| 5+ Bedrooms | $675K | $718.7K | +6.5% |
Summary: Mount Juliet housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Cities
| Old Hickory | $360.1K | $395K | +9.7% |
| Lebanon | $389.4K | $419.7K | +7.8% |
| Mount Juliet | $538.2K | $560.3K | +4.1% |
| Hermitage | $409.9K | $424.9K | +3.7% |
Housing Supply in Mount Juliet, TN
How many homes are available in Mount Juliet, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 375 | 369 | -1.6% |
Summary: The Mount Juliet real estate market had 369 homes for sale in October 2024, a 1.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 21 | 22 | +4.8% |
| 3 Bedrooms | 158 | 162 | +2.5% |
| 4 Bedrooms | 148 | 140 | -5.4% |
| 5+ Bedrooms | 48 | 45 | -6.3% |
Summary: The Mount Juliet 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 4.8%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 90 | 61 | -32.2% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Juliet, you may be able to get a good deal. 42.4% of homes here sold below asking price last month.
Summary: A total of 61 homes were sold or pending in Mount Juliet in October 2024, down by 32.2% month-over-month. Of the 59 sold homes, 42% were sold under asking, 31% were sold at asking, and 27% were sold over asking.
Days on Market for Mount Juliet, TN
How long does it take to sell a home in Mount Juliet, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 30 Days | +19.9% |
Summary: Homes in Mount Juliet had an average of 30 days on market in Oct 2024, up by 19.9% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mount Juliet are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 61 homes were sold in Mount Juliet; 62% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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