Is Woodmore / Dalewood, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodmore / Dalewood is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Woodmore / Dalewood has remained a Seller's Market.

Key Takeaway

Woodmore / Dalewood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Woodmore / Dalewood, TN

How much do homes in Woodmore / Dalewood, TN cost?

Median Sold Price

$244,000

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$1,000(-0.4%)

Key Takeaway

The sold price of homes in Woodmore / Dalewood has remained the same since last year.

Summary: The median home sold price in Woodmore / Dalewood was $244,000 in December 2024, down 0.4% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $180K-
N/A
2 $190K$198.5K
+4.5%
3 $245K$256K
+4.5%
4 $399.9K$292K
-27.0%
5+ $401K-
N/A

Summary: Woodmore / Dalewood housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 27%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Woodmore / Dalewood
-0.4%
Brainerd
-1.7%
Brainerd Park
-11.7%

Housing Supply in Woodmore / Dalewood, TN

How many homes are available in Woodmore / Dalewood, TN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4749+4.3%

Summary: The Woodmore / Dalewood real estate market had 49 homes for sale in December 2024, a 4.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 77
0.0%
3 3027
-10.0%
4 1015
+50.0%
5+ 00
0.0%

Summary: The Woodmore / Dalewood housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
712+71.4%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodmore / Dalewood, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Woodmore / Dalewood in December 2024, up by 71.4% month-over-month. Of the 12 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Woodmore / Dalewood, TN

How long does it take to sell a home in Woodmore / Dalewood, TN?

Average Sale Time

Dec 2023Dec 2024CHANGE
35 Days38 Days+7.6%

Summary: Homes in Woodmore / Dalewood had an average of 38 days on market in Dec 2024, up by 7.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 12 homes were sold in Woodmore / Dalewood; 25% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% 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 2 Days Ago

Newest Listings in Woodmore / Dalewood, TN

Nearby Markets to Woodmore / Dalewood, TN