Is Pleasant Shade, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pleasant Shade is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Pleasant Shade was a Buyer's Market.

Key Takeaway

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

Housing Prices in Pleasant Shade, TN

How much do homes in Pleasant Shade, TN cost?

Median Sold Price

$269,929

$122/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$96,879(+56.0%)

Key Takeaway

Homes in Pleasant Shade have sold for 56% more than they did a month ago.

Summary: The median home sold price in Pleasant Shade was $269,929 in November 2024, up 56% from last month, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $111.1K-
N/A
3 $235K$300.5K
+27.9%
4 --
N/A
5+ -$269.9K
N/A

Summary: Pleasant Shade housing prices by bedroom type for November 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 27.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pleasant Shade
+56.0%
Dixon Springs
+5.8%

Housing Supply in Pleasant Shade, TN

How many homes are available in Pleasant Shade, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2023+15.0%

Summary: The Pleasant Shade real estate market had 23 homes for sale in November 2024, a 15.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 32
-33.3%
3 1214
+16.7%
4 23
+50.0%
5+ 22
0.0%

Summary: The Pleasant Shade housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pleasant Shade, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Pleasant Shade in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Pleasant Shade, TN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
39 Days15 Days-60.8%

Summary: Homes in Pleasant Shade had an average of 15 days on market in Nov 2024, down by 60.8% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Pleasant Shade; 75% of homes were sold within 30 days, 25% 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 17 Days Ago

Newest Listings in Pleasant Shade, TN

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