$295,000
53.34 Acres
Land
Listing Office: EXP Realty LLC
Is Powells Crossroads, 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, Powells Crossroads has remained a Seller's Market.
Key Takeaway
Powells Crossroads is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Powells Crossroads, TN
How much do homes in Powells Crossroads, TN cost?
Median Sold Price
$375,000
$218/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$80,000(-17.6%)
Key Takeaway
Homes in Powells Crossroads have sold for 17.6% less than they did a month ago.
Summary: The median home sold price in Powells Crossroads was $375,000 in October 2024, down 17.6% from last month, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $375K | N/A |
| 4 Bedrooms | $455K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Powells Crossroads 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 Powells Crossroads, TN
How many homes are available in Powells Crossroads, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Summary: The Powells Crossroads real estate market had 5 homes for sale in October 2024, a 44.4% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 3 | 0 | -100.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Powells Crossroads 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Powells Crossroads, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Powells Crossroads in October 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Powells Crossroads, TN
How long does it take to sell a home in Powells Crossroads, TN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 78 Days | +457.1% |
Summary: Homes in Powells Crossroads had an average of 78 days on market in Oct 2024, up by 457.1% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Powells Crossroads has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Powells Crossroads; 0% of homes were sold within 30 days, 33% 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.