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?
Just like March of 2021, March 2022 is very much still a Seller’s Market.
Median Sold Price
$421,145
$202 per square foot
Compared to last year’s $355,083, that is an 18.6% growth!
Median Price Based on Number of Rooms
| Bedroom Number | Average Price |
| 1 | $294.9k |
| 2 | $345k |
| 3 | $385k |
| 4 | $490k |
| 5+ | $565k |
Average Price Compared to Neighboring Cities
| City | Average Price |
| Mount Juliet | $421.1K |
| Hermitage | $360.2K |
| Lebanon | $350.2K |
| Old Hickory | $319K |
Times of Home Sales
Homes are coming off the market fast!
Average Sale Time
6 Days!
Sold Price vs. Asking Price
If you are looking to buy or sell in Mount Juliet, keep in mind that over half are selling for over the asking price!