Is Cunningham, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Cunningham has remained a Seller's Market.
Housing Prices in Cunningham, TN
How much do homes in Cunningham, TN cost?
Median Sold Price
$422,500
$196/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Cunningham was $422,500 in April 2024, up 6.3% from last month, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $335K | $440K | +31.3% |
4 Bedrooms | $433.7K | $399K | -8.0% |
5+ Bedrooms | - | - | N/A |
Summary: Cunningham housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 31.3%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Southside | $414.9K | $551.5K | +32.9% |
Cunningham | $397.5K | $422.5K | +6.3% |
Housing Supply in Cunningham, TN
How many homes are available in Cunningham, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 14 | -6.7% |
Summary: The Cunningham real estate market had 14 homes for sale in April 2024, a 6.7% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 9 | 10 | +11.1% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cunningham 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 remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Cunningham in April 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Cunningham, TN
How long does it take to sell a home in Cunningham, TN?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
49 Days | 21 Days | -56.0% |
Summary: Homes in Cunningham had an average of 21 days on market in Apr 2024, down by 56% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Cunningham; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.