Is Bean Station, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Bean Station was a Seller's Market.
Housing Prices in Bean Station, TN
How much do homes in Bean Station, TN cost?
Median Sold Price
$260,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bean Station was $260,000 in April 2024, down 2.8% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $150K | $225K | +50.0% |
3 Bedrooms | $305K | $260K | -14.8% |
4 Bedrooms | $363.5K | $445K | +22.4% |
5+ Bedrooms | - | $348.7K | N/A |
Summary: Bean Station 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 50%, 3 bedroom homes decreased by 14.8%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Mooresburg | $259.9K | $275K | +5.8% |
Bean Station | $267.5K | $260K | -2.8% |
Housing Supply in Bean Station, TN
How many homes are available in Bean Station, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 24 | -4.0% |
Summary: The Bean Station real estate market had 24 homes for sale in April 2024, a 4.0% decrease 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 | 4 | 5 | +25.0% |
3 Bedrooms | 10 | 9 | -10.0% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Bean Station 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 increased by 25%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Bean Station in April 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Bean Station, TN
How long does it take to sell a home in Bean Station, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
71 Days | 69 Days | -2.3% |
Summary: Homes in Bean Station had an average of 69 days on market in Apr 2024, down by 2.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Bean Station; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.