$3,512 Closing Credit*
$295,780
1,122 SqFt
2 Beds
•2 Full Baths, 1 Partial
Listing Office: Parkside Realty
Is Oak Grove, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Oak Grove was a Seller's Market.
Key Takeaway
Oak Grove is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Oak Grove, TN
How much do homes in Oak Grove, TN cost?
Median Sold Price
$414,660
$248/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$52,825(+14.6%)
Key Takeaway
Homes in Oak Grove have sold for 14.6% more than they did a month ago.
Summary: The median home sold price in Oak Grove was $414,660 in October 2024, up 14.6% from last month, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $403.6K | - | N/A |
| 3 Bedrooms | $320K | $370K | +15.6% |
| 4 Bedrooms | - | $459.3K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Oak Grove housing prices by bedroom type for October 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 increased by 15.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Oak Grove, TN
How many homes are available in Oak Grove, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 41 | +86.4% |
Summary: The Oak Grove real estate market had 41 homes for sale in October 2024, a 86.4% 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 | 2 | 12 | +500.0% |
| 3 Bedrooms | 18 | 24 | +33.3% |
| 4 Bedrooms | 2 | 5 | +150.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Oak Grove 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 500%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
0 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 Oak Grove, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Oak Grove in October 2024, the same as the previous month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Oak Grove, TN
How long does it take to sell a home in Oak Grove, TN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 Days | 9 Days | +72.7% |
Summary: Homes in Oak Grove had an average of 9 days on market in Oct 2024, up by 72.7% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oak Grove are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Oak Grove; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.