#2787915, Zachary (Zac) Bowers, Listing Office: Benchmark Realty, LLC
Donelson / Hermitage Housing Market Report January 2025•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 Buyer's Market
Difference Since January 2024
At the same time last year, Donelson / Hermitage was a Seller's Market.
Donelson / Hermitage is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Donelson / Hermitage have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Donelson / Hermitage was $409,807 in January 2025, up 5.9% from last year, and the median price per square foot was $235.
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $226K | $207K | -8.4% |
22 Bedrooms | $296.9K | $295K | -0.6% |
33 Bedrooms | $389.4K | $400K | +2.7% |
44 Bedrooms | $512.3K | $501K | -2.2% |
55+ Bedrooms | $527.8K | $548.5K | +3.9% |
Summary: Donelson / Hermitage housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -8.4%. The home price for 2 bedroom homes decreased by -0.6%. The home price for 3 bedroom homes increased by +2.7%. The home price for 4 bedroom homes decreased by -2.2%. The home price for 5 bedroom homes increased by +3.9%.
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 |
---|---|---|
534Last MonthJan 2025 | ||
4842 months agoDec 2024 | +10.3 % Change MoMDec – Jan |
Summary: The Donelson / Hermitage real estate market had 534 homes for sale in Jan 2025, a 10.3 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
70Last MonthJan 2025 | ||
1232 months agoDec 2024 | -43.1 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 3 | 5 | +66.7% |
22 Bedrooms | 61 | 72 | +18.0% |
33 Bedrooms | 263 | 294 | +11.8% |
44 Bedrooms | 124 | 131 | +5.6% |
55+ Bedrooms | 33 | 32 | -3.0% |
Summary: Donelson / Hermitage housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +66.7%. The inventory for 2 bedroom homes increased by +18.0%. The inventory for 3 bedroom homes increased by +11.8%. The inventory for 4 bedroom homes increased by +5.6%. The inventory for 5 bedroom homes decreased by -3.0%.
Asking Price vs. Sold Price
How much do homes in Donelson / Hermitage, TN cost?
Over Asking Price9 Homes
At Asking Price15 Homes
Under Asking Price46 Homes
If you're buying a home in Donelson / Hermitage, you may be able to get a good deal. 65.7% of homes here sold below asking price last month.
Summary: A total of 70 homes were sold or pending in Donelson / Hermitage in January 2025, down by 43.1% month-over-month. Of the 70 sold homes, 66% were sold under asking, 21% were sold at asking, and and 13% 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 Days33 Homes
30 – 90 Days28 Homes
Over 90 Days9 Homes
Many homes in Donelson / Hermitage are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 70 homes were sold in Donelson / Hermitage; 47% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
40 DaysThis YearJan 2025 | ||
38 Days1 year agoJan 2024 | +3.7 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Donelson / Hermitage had an average listing age of 40 days in Jan 2025, up by 3.7% 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 02/01/2023 - 02/01/2025
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. Properties displayed may be listed or sold by various participants in the MLS.
© 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: 2/5/2025, 8:18:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.