Is White Bridge, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing White Bridge is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, White Bridge was a Neutral Market.

Key Takeaway

White Bridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in White Bridge, TN

How much do homes in White Bridge, TN cost?

Median Sold Price

$647,750

$333/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,300(+1.1%)

Key Takeaway

Homes in White Bridge have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in White Bridge was $647,750 in October 2024, up 1.1% from last year, and the median price per square foot was $333.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $154K$140K
-9.1%
2 $480K$520K
+8.3%
3 $669.4K$640K
-4.4%
4 $608.2K$800K
+31.5%
5+ $992.5K$1.5M
+53.7%

Summary: White Bridge housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.1%, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes increased by 31.5%, and 5+ bedroom homes increased by 53.7%.

Median Sold Price Compared To Nearby Neighborhoods

Sylvan Park
+4.7%
White Bridge
+1.1%

Housing Supply in White Bridge, TN

How many homes are available in White Bridge, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2526+4.0%

Summary: The White Bridge real estate market had 26 homes for sale in October 2024, a 4.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 45
+25.0%
3 1210
-16.7%
4 67
+16.7%
5+ 23
+50.0%

Summary: The White Bridge 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 increased by 25%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in White Bridge, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in White Bridge in October 2024, up by 40.0% month-over-month. Of the 7 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for White Bridge, TN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days27 Days-8.0%

Summary: Homes in White Bridge had an average of 27 days on market in Oct 2024, down by 8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 7 homes were sold in White Bridge; 71% of homes were sold within 30 days, 29% 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 23 Days Ago

Newest Listings in White Bridge, TN

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