Is Walnut Grove, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walnut Grove is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Walnut Grove was a Seller's Market.

Key Takeaway

Walnut Grove is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Walnut Grove, TN

How much do homes in Walnut Grove, TN cost?

Median Sold Price

$475,000

-

Based on all homes sold in November 2024.

Difference Since Last Month

+$72,600(+18.0%)

Key Takeaway

Homes in Walnut Grove have sold for 18% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $312.5K-
N/A
4 -$475K
N/A
5+ $472.3K-
N/A

Summary: Walnut Grove 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Alliance of Cordova Neighborhoods
+42.6%
Walnut Grove
+18.0%
River Edge
-10.6%
Fisherville
-11.8%

Housing Supply in Walnut Grove, TN

How many homes are available in Walnut Grove, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3537+5.7%

Summary: The Walnut Grove real estate market had 37 homes for sale in November 2024, a 5.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 66
0.0%
4 1517
+13.3%
5+ 1414
0.0%

Summary: The Walnut Grove 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 13.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

4 Homes Were 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 Walnut Grove, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Walnut Grove in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% 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

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

Report Updated 17 Days Ago

Newest Listings in Walnut Grove, TN

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