$4,572 Closing Credit*
$385,000
1,918 SqFt
4 Beds
•2 Full Baths, 2 Partial
Jill Kelly, Listing Office: SixOneFive Real Estate Advisors
Is Ridgetop, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Ridgetop was a Buyer's Market.
Key Takeaway
Ridgetop is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ridgetop, TN
How much do homes in Ridgetop, TN cost?
Median Sold Price
$426,500
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$26,500(+6.6%)
Key Takeaway
Homes in Ridgetop have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Ridgetop was $426,500 in November 2024, up 6.6% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $400K | $410K | +2.5% |
| 4 Bedrooms | $375K | $480K | +28.0% |
| 5+ Bedrooms | $550K | $425K | -22.7% |
Summary: Ridgetop housing prices by bedroom type for November 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 increased by 2.5%, 4 bedroom homes increased by 28%, and 5+ bedroom homes decreased by 22.7%.
Median Sold Price Compared To Nearby Cities
| Ridgetop | $400K | $426.5K | +6.6% |
| Goodlettsville | $394.9K | $406.6K | +3.0% |
| Greenbrier | $415K | $399.9K | -3.6% |
| Millersville | $372.5K | $347.9K | -6.6% |
Housing Supply in Ridgetop, TN
How many homes are available in Ridgetop, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Summary: The Ridgetop real estate market had 5 homes for sale in November 2024, a 37.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 3 | -50.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ridgetop housing inventory by bedroom type for November 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ridgetop, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Ridgetop in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Ridgetop, TN
How long does it take to sell a home in Ridgetop, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 4 Days | -88.2% |
Summary: Homes in Ridgetop had an average of 4 days on market in Nov 2024, down by 88.2% compared to last year.
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
Key Takeaway
Many homes in Ridgetop are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Ridgetop; 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.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.