$6,294 Closing Credit*
$530,000
2,241 SqFt
4 Beds
•2 Full Baths
Listing Office: Keller Williams Realty
Is Stuart Heights, 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, 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
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$29,000(-7.7%)
Key Takeaway
Homes in Stuart Heights have sold for 7.7% less than they did a year ago.
Summary: The median home sold price in Stuart Heights was $346,000 in November 2024, down 7.7% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $282.5K | $226.2K | -19.9% |
| 3 Bedrooms | $337K | $324K | -3.9% |
| 4 Bedrooms | $425K | $850K | +100.0% |
| 5+ Bedrooms | $710K | $990K | +39.4% |
Summary: Stuart Heights 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 decreased by 19.9%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 39.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Riverview / Stuart Heights | $536K | $585K | +9.1% |
| Lupton City / Norcross | $292K | $289K | -1.0% |
| Stuart Heights | $375K | $346K | -7.7% |
| Manchester Park | $339K | $275K | -18.9% |
Housing Supply in Stuart Heights, TN
How many homes are available in Stuart Heights, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 20 | -28.6% |
Summary: The Stuart Heights real estate market had 20 homes for sale in November 2024, a 28.6% 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 20 | 10 | -50.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Stuart Heights 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 increased by 33.3%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
6 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 Stuart Heights, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Stuart Heights in November 2024, down by 11.1% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 30 Days | +100.0% |
Summary: Homes in Stuart Heights had an average of 30 days on market in Nov 2024, up by 100% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Stuart Heights has remained consistent over time.
Summary: During November 2024, 8 homes were sold in Stuart Heights; 13% of homes were sold within 30 days, 25% 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.