Edubina Arce, Listing Office: Realty of America
Donelson / Hermitage Housing Market Report December 2024•Davidson County, Tennessee
Housing Prices in Donelson / Hermitage, TN
How much do homes in Donelson / Hermitage, TN cost?
Housing Market Conditions
Is Donelson / Hermitage, TN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Donelson / Hermitage is a Seller's Market
Difference Since December 2023
Since last year, Donelson / Hermitage has remained a Seller's Market.
Donelson / Hermitage is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Donelson / Hermitage have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Donelson / Hermitage was $409,983 in December 2024, up 6.6% from last year, and the median price per square foot was $235.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Donelson / Hermitage | $384.6K | $409.9K | +6.6% |
Hermitage Hills | $365K | $380K | +4.1% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $227K | $207K | -8.8% |
22 Bedrooms | $296.9K | $295K | -0.6% |
33 Bedrooms | $385.7K | $405K | +5.0% |
44 Bedrooms | $518.2K | $500K | -3.5% |
55+ Bedrooms | $526.1K | $554.1K | +5.3% |
Summary: Donelson / Hermitage housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -8.8%. The home price for 2 bedroom homes decreased by -0.6%. The home price for 3 bedroom homes increased by +5.0%. The home price for 4 bedroom homes decreased by -3.5%. The home price for 5 bedroom homes increased by +5.3%.
Housing supply in Donelson / Hermitage, TN
How many homes are available in Donelson / Hermitage, TN?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
538Last MonthDec 2024 | ||
5452 months agoNov 2024 | -1.3 % Change MoMNov – Dec |
Summary: The Donelson / Hermitage real estate market had 538 homes for sale in Dec 2024, a 1.3 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
112Last MonthDec 2024 | ||
1002 months agoNov 2024 | +12.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 3 | 3 | 0.0% |
22 Bedrooms | 75 | 72 | -4.0% |
33 Bedrooms | 302 | 284 | -6.0% |
44 Bedrooms | 134 | 143 | +6.7% |
55+ Bedrooms | 31 | 36 | +16.1% |
Summary: Donelson / Hermitage housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -4.0%. The inventory for 3 bedroom homes decreased by -6.0%. The inventory for 4 bedroom homes increased by +6.7%. The inventory for 5 bedroom homes increased by +16.1%.
Asking Price vs. Sold Price
How much do homes in Donelson / Hermitage, TN cost?
Over Asking Price11 Homes
At Asking Price36 Homes
Under Asking Price63 Homes
If you're buying a home in Donelson / Hermitage, you may be able to get a good deal. 57.3% of homes here sold below asking price last month.
Summary: A total of 112 homes were sold or pending in Donelson / Hermitage in December 2024, up by 12.0% month-over-month. Of the 110 sold homes, 57% were sold under asking, 33% were sold at asking, and and 10% were sold over asking.
Days on Market for Donelson / Hermitage, TN
How long does it take to sell a home in Donelson / Hermitage, TN?
Breakdown of Home Sale Times
Under 30 Days66 Homes
30 – 90 Days39 Homes
Over 90 Days6 Homes
Many homes in Donelson / Hermitage are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 112 homes were sold in Donelson / Hermitage; 59% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
31 DaysThis YearDec 2024 | ||
30 Days1 year agoDec 2023 | +4.9 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Donelson / Hermitage had an average listing age of 31 days in Dec 2024, up by 4.9% compared to the previous year.
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Newest Listings in Donelson / Hermitage, TN
What homes are available in Donelson / Hermitage, TN?
Nearby markets
Nearby markets aren't available for Donelson / Hermitage, TN
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MLS Disclaimers and Copyright
Based on information from RealTracs Middle Tennessee Regional MLS, for the period 01/01/2023 - 01/01/2025
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
© 2025 of the REALTRACS MLS. All rights Reserved.
The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/21/2025, 5:18:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.