$2,375 Closing Credit*
$199,990
1,500 SqFt
3 Beds
•1 Full Bath
Rachael Nieves, Listing Office: Keller Williams Realty
Is Mount Pleasant, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Mount Pleasant was a Seller's Market.
Key Takeaway
Mount Pleasant is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mount Pleasant, TN
How much do homes in Mount Pleasant, TN cost?
Median Sold Price
$299,950
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,500(+5.1%)
Key Takeaway
Homes in Mount Pleasant have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Mount Pleasant was $299,950 in November 2024, up 5.1% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $162.3K | N/A |
| 2 Bedrooms | $172.5K | $206.5K | +19.7% |
| 3 Bedrooms | $294.5K | $324.9K | +10.3% |
| 4 Bedrooms | $370K | $400K | +8.1% |
| 5+ Bedrooms | $426.5K | $600K | +40.7% |
Summary: Mount Pleasant housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.7%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 40.7%.
Median Sold Price Compared To Nearby Cities
| Columbia | $347.2K | $388.9K | +12.0% |
| Mount Pleasant | $285.4K | $299.9K | +5.1% |
Housing Supply in Mount Pleasant, TN
How many homes are available in Mount Pleasant, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 70 | 65 | -7.1% |
Summary: The Mount Pleasant real estate market had 65 homes for sale in November 2024, a 7.1% 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 | 12 | 10 | -16.7% |
| 3 Bedrooms | 48 | 45 | -6.3% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Mount Pleasant 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 16.7%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 8 | -38.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Pleasant, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in Mount Pleasant in November 2024, down by 38.5% month-over-month. Of the 8 sold homes, 38% were sold under asking, 50% were sold at asking, and 13% were sold over asking.
Days on Market for Mount Pleasant, TN
How long does it take to sell a home in Mount Pleasant, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 74 Days | 57 Days | -22.3% |
Summary: Homes in Mount Pleasant had an average of 57 days on market in Nov 2024, down by 22.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mount Pleasant are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Mount Pleasant; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% 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.