Newbern, TN

Buyer's market

Housing market overview · Updated weekly

$352,500median sale price

Homes sold

2

Last 12 weeks

Days on market

124

Average pace

Active listings

10

5.0 months supply

Sale-to-list

94.7%

Below asking

The Newbern housing market is currently classified as a buyer's market with a median sale price of $352,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 124 days on market, indicating 5.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Newbern

There are currently 10 homes listed for sale in Newbern, Tennessee. The median listing price is $235K.

Active listings

10

Homes on market

Median list price

$235K

Avg. days on market

124

Days until sale

New this week

2

Newly listed

Price drops:10.0%of listings
Sale-to-list:94.7%

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Frequently asked questions

What is the average home price in Newbern?

The median home sale price in Newbern is $352,500, down 0.0% from last year.

How long do homes stay on market in Newbern?

Homes typically spend 124 days on market before going under contract.

Is Newbern a buyer's or seller's market?

With 5.0 months of supply, Newbern is currently a buyer's market.

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