Is Rossville, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rossville is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Rossville was a Buyer's Market.

Key Takeaway

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

Housing Prices in Rossville, TN

How much do homes in Rossville, TN cost?

Median Sold Price

$621,273

-

Based on all homes sold in October 2024.

Difference Since Last Month

+$54,023(+9.5%)

Key Takeaway

Homes in Rossville have sold for 9.5% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $567.2K$554.9K
-2.2%
5+ -$855.5K
N/A

Summary: Rossville 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 decreased by 2.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Rossville
+9.5%
Piperton
+3.2%

Housing Supply in Rossville, TN

How many homes are available in Rossville, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3034+13.3%

Summary: The Rossville real estate market had 34 homes for sale in October 2024, a 13.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 610
+66.7%
4 1716
-5.9%
5+ 78
+14.3%

Summary: The Rossville 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 remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rossville, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Rossville in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Rossville, TN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Rossville, TN

Nearby Markets to Rossville, TN

What housing markets are near Rossville, TN?