$5,878 Closing Credit*
$494,950
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Weichert, REALTORS-BenchMark
Is Munford, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Munford has remained a Seller's Market.
Key Takeaway
Munford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Munford, TN
How much do homes in Munford, TN cost?
Median Sold Price
$274,000
-
Based on all homes sold in November 2024.
Difference Since Last Month
-$1,000(-0.4%)
Key Takeaway
The sold price of homes in Munford has remained the same since last month.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $257.5K | $255K | -1.0% |
| 4 Bedrooms | $302.7K | $469.7K | +55.1% |
| 5+ Bedrooms | $405K | $357K | -11.9% |
Summary: Munford housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 55.1%, and 5+ bedroom homes decreased by 11.9%.
Median Sold Price Compared To Nearby Cities
| Atoka | $344K | $346.7K | +0.8% |
| Munford | $275K | $274K | -0.4% |
| Drummonds | $315.5K | $280.5K | -11.1% |
Housing Supply in Munford, TN
How many homes are available in Munford, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 55 | 52 | -5.5% |
Summary: The Munford real estate market had 52 homes for sale in November 2024, a 5.5% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 33 | 30 | -9.1% |
| 4 Bedrooms | 19 | 19 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Munford 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 remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 11 | -26.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Munford, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Munford in November 2024, down by 26.7% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.
Days on Market for Munford, TN
We’re sorry, we don't have information for this market at the moment
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.