$7,541 Closing Credit*
$635,000
1,886 SqFt
3 Beds
•2 Full Baths
Shelby Bishop, Listing Office: The Tate Brokerage
Is Orlinda, 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, Orlinda has remained a Seller's Market.
Key Takeaway
Orlinda is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Orlinda, TN
How much do homes in Orlinda, TN cost?
Median Sold Price
$540,000
$196/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$80,000(-12.9%)
Key Takeaway
Homes in Orlinda have sold for 12.9% less than they did a month ago.
Summary: The median home sold price in Orlinda was $540,000 in October 2024, down 12.9% from last month, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $540K | N/A |
| 4 Bedrooms | $575K | - | N/A |
| 5+ Bedrooms | $665K | - | N/A |
Summary: Orlinda 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Orlinda, TN
How many homes are available in Orlinda, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Summary: The Orlinda real estate market had 8 homes for sale in October 2024, a 14.3% 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Orlinda 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 100%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Orlinda, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Orlinda in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Orlinda, TN
How long does it take to sell a home in Orlinda, TN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 79 Days | 31 Days | -60.1% |
Summary: Homes in Orlinda had an average of 31 days on market in Oct 2024, down by 60.1% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Orlinda are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Orlinda; 50% of homes were sold within 30 days, 50% 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.