$4,511 Closing Credit*
$379,900
804 SqFt
2 Beds
•1 Full Bath
Penny Tenpenny, Listing Office: Benchmark Realty, LLC
Is Urbandale Nations, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Urbandale Nations was a Buyer's Market.
Key Takeaway
Urbandale Nations is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Urbandale Nations, TN
How much do homes in Urbandale Nations, TN cost?
Median Sold Price
$662,450
$342/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$37,450(-5.4%)
Key Takeaway
Homes in Urbandale Nations have sold for 5.4% less than they did a year ago.
Summary: The median home sold price in Urbandale Nations was $662,450 in November 2024, down 5.4% from last year, and the median price per square foot was $342.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $367.5K | $319.9K | -12.9% |
| 2 Bedrooms | $480K | $457.5K | -4.7% |
| 3 Bedrooms | $675K | $650K | -3.7% |
| 4 Bedrooms | $749K | $790K | +5.5% |
| 5+ Bedrooms | $1.1M | - | N/A |
Summary: Urbandale Nations housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.9%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Tomorrow's Hope | $625K | $630K | +0.8% |
| West Nashville | $700K | $687.4K | -1.8% |
| Urbandale Nations | $699.9K | $662.4K | -5.4% |
Housing Supply in Urbandale Nations, TN
How many homes are available in Urbandale Nations, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 79 | 91 | +15.2% |
Summary: The Urbandale Nations real estate market had 91 homes for sale in November 2024, a 15.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 30 | 35 | +16.7% |
| 4 Bedrooms | 33 | 40 | +21.2% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Urbandale Nations 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 decreased by 12.5%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 16 | +45.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Urbandale Nations, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Urbandale Nations in November 2024, up by 45.5% month-over-month. Of the 16 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for Urbandale Nations, TN
How long does it take to sell a home in Urbandale Nations, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 53 Days | 19 Days | -63.3% |
Summary: Homes in Urbandale Nations had an average of 19 days on market in Nov 2024, down by 63.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Urbandale Nations are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 16 homes were sold in Urbandale Nations; 75% 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.