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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Trent is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Trent was a Buyer's Market.

Key Takeaway

Trent 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 Trent, TN

How much do homes in Trent, TN cost?

Median Sold Price

$362,500

$186/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$37,500(+11.5%)

Key Takeaway

Homes in Trent have sold for 11.5% more than they did a month ago.

Summary: The median home sold price in Trent was $362,500 in November 2024, up 11.5% from last month, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $325K$362.5K
+11.5%
4 --
N/A
5+ --
N/A

Summary: Trent housing prices by bedroom type for November 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 increased by 11.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Stonehenge
+26.7%
Trent
+11.5%

Housing Supply in Trent, TN

How many homes are available in Trent, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1213+8.3%

Summary: The Trent real estate market had 13 homes for sale in November 2024, a 8.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1111
0.0%
4 01
+100.0%
5+ 11
0.0%

Summary: The Trent 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 remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Trent, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Trent in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Trent, TN

How long does it take to sell a home in Trent, TN?

Average Sale Time

Oct 2024Nov 2024CHANGE
110 Days2 Days-97.7%

Summary: Homes in Trent had an average of 2 days on market in Nov 2024, down by 97.7% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Trent are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Trent; 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.

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

Report Updated 21 Days Ago

Newest Listings in Trent, TN

Nearby Markets to Trent, TN