$2,849 Closing Credit*
$239,900
1,048 SqFt
3 Beds
•2 Full Baths
Grace A Skellie, Listing Office: Parks Compass
Is Mount Pleasant, 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 Pleasant was a Seller's Market.
Key Takeaway
Mount Pleasant 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 Pleasant, TN
How much do homes in Mount Pleasant, TN cost?
Median Sold Price
$300,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+5.3%)
Key Takeaway
Homes in Mount Pleasant have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Mount Pleasant was $300,000 in October 2024, up 5.3% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $162.3K | N/A |
| 2 Bedrooms | $198.5K | $206.5K | +4.0% |
| 3 Bedrooms | $294.5K | $330.9K | +12.4% |
| 4 Bedrooms | $350K | $412.5K | +17.9% |
| 5+ Bedrooms | $426.5K | $600K | +40.7% |
Summary: Mount Pleasant 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 4%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 40.7%.
Median Sold Price Compared To Nearby Cities
| Columbia | $345.5K | $383.1K | +10.9% |
| Mount Pleasant | $285K | $300K | +5.3% |
Housing Supply in Mount Pleasant, TN
How many homes are available in Mount Pleasant, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 65 | 73 | +12.3% |
Summary: The Mount Pleasant real estate market had 73 homes for sale in October 2024, a 12.3% increase 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 | 9 | 12 | +33.3% |
| 3 Bedrooms | 43 | 49 | +14.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Mount Pleasant 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 33.3%, 3 bedroom homes increased by 14%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Pleasant, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Mount Pleasant in October 2024, up by 33.3% month-over-month. Of the 12 sold homes, 58% were sold under asking, 42% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 61 Days | 29 Days | -52.9% |
Summary: Homes in Mount Pleasant had an average of 29 days on market in Oct 2024, down by 52.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Mount Pleasant are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Mount Pleasant; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% 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.