Is Bon Aqua, 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, Bon Aqua has remained a Seller's Market.
Housing Prices in Bon Aqua, TN
How much do homes in Bon Aqua, TN cost?
Median Sold Price
$362,500
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bon Aqua was $362,500 in April 2024, down 7.6% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $139K | N/A |
2 Bedrooms | $215K | $273.9K | +27.4% |
3 Bedrooms | $391.2K | $352.5K | -9.9% |
4 Bedrooms | $755.4K | $487.5K | -35.5% |
5+ Bedrooms | $534.9K | - | N/A |
Summary: Bon Aqua 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 27.4%, 3 bedroom homes decreased by 9.9%, 4 bedroom homes decreased by 35.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Fairview | $480K | $460K | -4.2% |
Bon Aqua | $392.5K | $362.5K | -7.6% |
Housing Supply in Bon Aqua, TN
How many homes are available in Bon Aqua, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 16 | -15.8% |
Summary: The Bon Aqua real estate market had 16 homes for sale in April 2024, a 15.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 13 | 13 | 0.0% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bon Aqua housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Bon Aqua in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Bon Aqua, TN
How long does it take to sell a home in Bon Aqua, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 32 Days | +6.5% |
Summary: Homes in Bon Aqua had an average of 32 days on market in Apr 2024, up by 6.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Bon Aqua; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.