Is Plainview, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plainview is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Plainview has remained a Seller's Market.

Key Takeaway

Plainview is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Plainview, TN

How much do homes in Plainview, TN cost?

Median Sold Price

$287,450

$152/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$29,050(-9.2%)

Key Takeaway

Homes in Plainview have sold for 9.2% less than they did a month ago.

Summary: The median home sold price in Plainview was $287,450 in October 2024, down 9.2% from last month, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $316.5K$125K
-60.5%
4 -$449.9K
N/A
5+ --
N/A

Summary: Plainview 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 decreased by 60.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Luttrell
+151.7%
Plainview
-9.2%

Housing Supply in Plainview, TN

How many homes are available in Plainview, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
10100.0%

Summary: The Plainview real estate market had 10 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 76
-14.3%
4 23
+50.0%
5+ 00
0.0%

Summary: The Plainview 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plainview, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Plainview in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Plainview, TN

How long does it take to sell a home in Plainview, TN?

Average Sale Time

Sep 2024Oct 2024CHANGE
27 Days10 Days-63.0%

Summary: Homes in Plainview had an average of 10 days on market in Oct 2024, down by 63% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Plainview are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Plainview; 100% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Plainview, TN

Nearby Markets to Plainview, TN

What housing markets are near Plainview, TN?