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Monthly Market Report- April

Marketing reports can be great tools in helping you make informed future decisions. Knowing the housing market is a great place to start when looking for a home you’ll love (and can afford) without overpaying or missing out on great opportunities. They tell you things such as how much the average house is selling for, compares those prices to nearby areas, how many homes are on the market, and many other cool and helpful facts. Whether you’re an agent or are thinking of buying or selling, the information found on your area’s marketing report is crucial to know. We’ll help you out with providing key details of Mount Juliet’s market each month!

Buyer’s or Seller’s Market?

image from Rocket Homes

Prices are higher and selling much faster!

Median Sold Price

$433, 250

$207 per square foot

That is a $73,292 difference since last April (an increase of 20.4%)!

Median Price Based on Number of Rooms

Number of RoomsAverage Price
1$294.9k
2$359.5k
3$395k
4$499.9k
5+$581k

Average Price Compared to Neighboring Cities

Mount Juliet$433.2k
Hermitage$370.3k
Old Hickory$328.1k
Lebanon$360.2k

Length of Home Sales

image from Rocket Homes

Homes are flying off the market!

Average Sale Time

4 days!

Sold Price vs. Asking Price

image from Rocket Homes

Majority of houses are selling for over the asking price! Keep that in mind if you plan on buying or selling!

How Many Homes are Available?

Number of homes for sale is 138!

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