Is Plus Park, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plus Park is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Plus Park was a Neutral Market.

Key Takeaway

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

Housing Prices in Plus Park, TN

How much do homes in Plus Park, TN cost?

Median Sold Price

$259,900

$509/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$7,100(-2.7%)

Key Takeaway

Homes in Plus Park have sold for 2.7% less than they did a month ago.

Summary: The median home sold price in Plus Park was $259,900 in October 2024, down 2.7% from last month, and the median price per square foot was $509.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $267K$259.9K
-2.7%
2 --
N/A
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Plus Park housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 2.7%, 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 Plus Park, TN

How many homes are available in Plus Park, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
65-16.7%

Summary: The Plus Park real estate market had 5 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 65
-16.7%
2 00
0.0%
3 00
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Plus Park housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were 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 Plus Park, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Plus Park in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Plus Park, TN

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

Breakdown of Home Sale Times

1 Home Was 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 Plus Park are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Plus Park; 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 22 Days Ago

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