Angie McBryar, Listing Office: Coldwell Banker Southern Realty
Tennessee Ridge Housing Market Report December 2024•Houston County, Tennessee
Housing Prices in Tennessee Ridge, TN
How much do homes in Tennessee Ridge, TN cost?
Housing Market Conditions
Is Tennessee Ridge, TN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Tennessee Ridge is a Seller's Market
Difference Since December 2023
Since last year, Tennessee Ridge has remained a Seller's Market.
Tennessee Ridge 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 Tennessee Ridge have sold for 4.5% less than they did a year ago.
Summary: The median home sold price in Tennessee Ridge was $222,500 in December 2024, down 4.5% from last year, and the median price per square foot was $163.
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $73.2K | - | N/A |
22 Bedrooms | $195K | $174.5K | -10.5% |
33 Bedrooms | $232.9K | $277.5K | +19.1% |
44 Bedrooms | $375K | $230K | -38.7% |
55+ Bedrooms | $320K | - | N/A |
Summary: Tennessee Ridge housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -10.5%. The home price for 3 bedroom homes increased by +19.1%. The home price for 4 bedroom homes decreased by -38.7%. The home price for 5 bedroom homes did not change.
Housing supply in Tennessee Ridge, TN
How many homes are available in Tennessee Ridge, TN?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
10Last MonthDec 2024 | ||
72 months agoNov 2024 | +42.9 % Change MoMNov – Dec |
Summary: The Tennessee Ridge real estate market had 10 homes for sale in Dec 2024, a 42.9 % increase compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
2Last MonthDec 2024 | ||
02 months agoNov 2024 | +100.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 2 | 2 | 0.0% |
33 Bedrooms | 2 | 3 | +50.0% |
44 Bedrooms | 3 | 4 | +33.3% |
55+ Bedrooms | 0 | 1 | +100.0% |
Summary: Tennessee Ridge 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 remained the same. The inventory for 3 bedroom homes increased by +50.0%. The inventory for 4 bedroom homes increased by +33.3%. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in Tennessee Ridge, TN cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price0 Home
If you're buying a home in Tennessee Ridge, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Tennessee Ridge in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.
Days on Market for Tennessee Ridge, TN
How long does it take to sell a home in Tennessee Ridge, TN?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days1 Home
Over 90 Days1 Home
Avg time on Rocket Homes in Tennessee Ridge has remained consistent over time.
Summary: During December 2024, 2 homes were sold in Tennessee Ridge; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
75 DaysThis YearDec 2024 | ||
23 Days1 year agoDec 2023 | +219.1 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Tennessee Ridge had an average listing age of 75 days in Dec 2024, up by 219.1% compared to the previous year.
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Newest Listings in Tennessee Ridge, TN
What homes are available in Tennessee Ridge, 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: 1/30/2025, 6:18:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.