$10,000 Closing Credit*
$899,999
2,390 SqFt
4 Beds
•3 Full Baths
Kyle E. Grasser, Listing Office: The Tate Brokerage
Is Rosebank, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Rosebank has remained a Neutral Market.
Key Takeaway
Rosebank is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Rosebank, TN
How much do homes in Rosebank, TN cost?
Median Sold Price
$680,000
$327/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,550(+1.9%)
Key Takeaway
Homes in Rosebank have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in Rosebank was $680,000 in November 2024, up 1.9% from last year, and the median price per square foot was $327.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $510K | N/A |
| 2 Bedrooms | $400K | $417.4K | +4.4% |
| 3 Bedrooms | $569.2K | $573.8K | +0.8% |
| 4 Bedrooms | $815K | $755K | -7.4% |
| 5+ Bedrooms | $875K | $852.4K | -2.6% |
Summary: Rosebank 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 increased by 4.4%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 2.6%.
Median Sold Price Compared To Nearby Neighborhoods
| East Nashville | $541.1K | $578.7K | +6.9% |
| Inglewood | $542.5K | $575K | +6.0% |
| Rosebank | $667.4K | $680K | +1.9% |
| South Inglewood | $618.5K | $582.5K | -5.8% |
Housing Supply in Rosebank, TN
How many homes are available in Rosebank, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 65 | 73 | +12.3% |
Summary: The Rosebank real estate market had 73 homes for sale in November 2024, a 12.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 31 | 33 | +6.5% |
| 4 Bedrooms | 25 | 30 | +20.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Rosebank 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 increased by 6.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rosebank, expect to pay close to the asking price. 63.6% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in Rosebank in November 2024, down by 8.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 64% were sold at asking, and 0% were sold over asking.
Days on Market for Rosebank, TN
How long does it take to sell a home in Rosebank, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 32 Days | -0.2% |
Summary: Homes in Rosebank had an average of 32 days on market in Nov 2024, down by 0.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Rosebank are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Rosebank; 55% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 9% 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.