$2,826 Closing Credit*
$238,000
1,008 SqFt
2 Beds
•1 Full Bath
Listing Office: Berkshire Hathaway HomeServices Realty Center
Is Stuart Heights, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Stuart Heights has remained a Seller's Market.
Key Takeaway
Stuart Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stuart Heights, TN
How much do homes in Stuart Heights, TN cost?
Median Sold Price
$346,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$3,500(+1.0%)
Key Takeaway
Homes in Stuart Heights have sold for 1% more than they did a year ago.
Summary: The median home sold price in Stuart Heights was $346,000 in October 2024, up 1% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $265K | $233.5K | -11.9% |
| 3 Bedrooms | $337K | $319K | -5.3% |
| 4 Bedrooms | $415K | $747.5K | +80.1% |
| 5+ Bedrooms | $690K | $890K | +29.0% |
Summary: Stuart Heights housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.9%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 80.1%, and 5+ bedroom homes increased by 29%.
Median Sold Price Compared To Nearby Neighborhoods
| Riverview / Stuart Heights | $515K | $585K | +13.6% |
| Lupton City / Norcross | $275K | $297.5K | +8.2% |
| Stuart Heights | $342.5K | $346K | +1.0% |
| Manchester Park | $317.5K | $289.5K | -8.8% |
Housing Supply in Stuart Heights, TN
How many homes are available in Stuart Heights, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 27 | -18.2% |
Summary: The Stuart Heights real estate market had 27 homes for sale in October 2024, a 18.2% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 23 | 19 | -17.4% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Stuart Heights 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 50%, 3 bedroom homes decreased by 17.4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stuart Heights, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Stuart Heights in October 2024, up by 28.6% month-over-month. Of the 9 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Stuart Heights, TN
How long does it take to sell a home in Stuart Heights, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 79 Days | 29 Days | -62.7% |
Summary: Homes in Stuart Heights had an average of 29 days on market in Oct 2024, down by 62.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stuart Heights are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Stuart Heights; 33% of homes were sold within 30 days, 11% 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.