Is Lauderdale County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lauderdale County has remained a Buyer's Market.
Housing Prices in Lauderdale County, TN
How much do homes in Lauderdale County, TN cost?
Median Sold Price
$139,000
$95/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lauderdale County was $139,000 in April 2024, down 12% from last year, and the median price per square foot was $95.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $570K | N/A |
2 Bedrooms | $79.7K | $90.5K | +13.5% |
3 Bedrooms | $162K | $140K | -13.6% |
4 Bedrooms | $227.5K | $179.9K | -20.9% |
5+ Bedrooms | - | $279.9K | N/A |
Summary: Lauderdale County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.5%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes decreased by 20.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Tipton County | $260K | $292.7K | +12.6% |
Lauderdale County | $158K | $139K | -12.0% |
Housing Supply in Lauderdale County, TN
How many homes are available in Lauderdale County, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
61 | 76 | +24.6% |
Summary: The Lauderdale County real estate market had 76 homes for sale in April 2024, a 24.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 36 | 45 | +25.0% |
4 Bedrooms | 10 | 14 | +40.0% |
5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Lauderdale County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 8 | -33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Lauderdale County in April 2024, down by 33.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for Lauderdale County, TN
We’re sorry, we don't have information for this market at the moment