$7,303 Closing Credit*
$615,000
5 Beds
•3 Full Baths, 1 Partial
Listing Office: Keller Williams
Is Walnut Grove, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Walnut Grove was a Buyer's Market.
Key Takeaway
Walnut Grove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Walnut Grove, TN
How much do homes in Walnut Grove, TN cost?
Median Sold Price
$402,400
-
Based on all homes sold in October 2024.
Difference Since Last Month
+$84,900(+26.7%)
Key Takeaway
Homes in Walnut Grove have sold for 26.7% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $320K | $312.5K | -2.3% |
| 4 Bedrooms | $315K | - | N/A |
| 5+ Bedrooms | - | $472.3K | N/A |
Summary: Walnut Grove 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 decreased by 2.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Walnut Grove | $317.5K | $402.4K | +26.7% |
| Alliance of Cordova Neighborhoods | $292.2K | $259K | -11.4% |
| Fisherville | $665K | $324.9K | -51.1% |
Housing Supply in Walnut Grove, TN
How many homes are available in Walnut Grove, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 35 | +25.0% |
Summary: The Walnut Grove real estate market had 35 homes for sale in October 2024, a 25.0% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The Walnut Grove 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 50%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Walnut Grove, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Walnut Grove in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for Walnut Grove, TN
We’re sorry, we don't have information for this market at the moment
