$1,544 Closing Credit*
$129,999
4 Beds
•1 Full Bath
Listing Office: TRG Real Estate Services, LLC
Is Orange Mound, 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, Orange Mound has remained a Buyer's Market.
Key Takeaway
Orange Mound is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Orange Mound, TN
How much do homes in Orange Mound, TN cost?
Median Sold Price
$97,500
-
Based on all homes sold in October 2024.
Difference Since Last Month
+$19,000(+24.2%)
Key Takeaway
Homes in Orange Mound have sold for 24.2% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $30K | N/A |
| 3 Bedrooms | $38.2K | $100K | +161.4% |
| 4 Bedrooms | $120.5K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Orange Mound 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 161.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Bethel Grove | $40K | $121.2K | +203.1% |
| Orange Mound | $78.5K | $97.5K | +24.2% |
Housing Supply in Orange Mound, TN
How many homes are available in Orange Mound, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 44 | +18.9% |
Summary: The Orange Mound real estate market had 44 homes for sale in October 2024, a 18.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 12 | +71.4% |
| 3 Bedrooms | 20 | 24 | +20.0% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Orange Mound 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 71.4%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Orange Mound, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Orange Mound in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for Orange Mound, TN
We’re sorry, we don't have information for this market at the moment
