$3,681 Closing Credit*
$310,000
1,629 SqFt
3 Beds
•2 Full Baths
Shannon Wilford, Listing Office: Team Wilford - Keller Williams Realty
Is Plantation Estates, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Plantation Estates has remained a Seller's Market.
Key Takeaway
Plantation Estates is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Plantation Estates, TN
How much do homes in Plantation Estates, TN cost?
Median Sold Price
$319,900
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$10,100(-3.1%)
Key Takeaway
Homes in Plantation Estates have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in Plantation Estates was $319,900 in October 2024, down 3.1% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $314.5K | $300K | -4.6% |
| 4 Bedrooms | $339.9K | $345K | +1.5% |
| 5+ Bedrooms | $355K | $352.5K | -0.7% |
Summary: Plantation Estates housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.6%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 0.7%.
Housing Supply in Plantation Estates, TN
How many homes are available in Plantation Estates, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 20 | -16.7% |
Summary: The Plantation Estates real estate market had 20 homes for sale in October 2024, a 16.7% decrease 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 | 0 | 0.0% |
| 3 Bedrooms | 19 | 17 | -10.5% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Plantation Estates 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 10.5%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Plantation Estates, expect to pay close to the asking price. 71.4% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Plantation Estates in October 2024, up by 16.7% month-over-month. Of the 7 sold homes, 14% were sold under asking, 71% were sold at asking, and 14% were sold over asking.
Days on Market for Plantation Estates, TN
How long does it take to sell a home in Plantation Estates, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 95 Days | 12 Days | -87.1% |
Summary: Homes in Plantation Estates had an average of 12 days on market in Oct 2024, down by 87.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Plantation Estates are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Plantation Estates; 86% of homes were sold within 30 days, 14% 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.