Gallatin, TN Housing Market
The Gallatin housing market is somewhat competitive. Homes in Gallatin receive 2 offers on average and sell in around 51 days. The median sale price of a home in Gallatin was $400K last month, up 2.5% since last year. The median sale price per square foot in Gallatin is $215, up 2.4% since last year.
Gallatin Housing Market Trends
In April 2024, Gallatin home prices were up 2.5% compared to last year, selling for a median price of $400K. On average, homes in Gallatin sell after 51 days on the market compared to 51 days last year. There were 115 homes sold in April this year, up from 93 last year.
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How hot is the Gallatin housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 59 days.
- Hot homescan sell for around list price and go pending in around 30 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 42 days.
- Hot homescan sell for around list price and go pending in around 20 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 43 days.
- Hot homescan sell for about 4% above list price and go pending in around 29 days.
Gallatin Migration & Relocation Trends
- Across the nation, 1% of homebuyers searched to move into Gallatin from outside metros.
- Los Angeles homebuyers searched to move into Gallatin more than any other metro followed by Chicago and San Francisco.
- 75% of Gallatin homebuyers searched to stay within the Gallatin metropolitan area.
- Destin was the most popular destination among Gallatin homebuyers followed by Tullahoma and Mobile.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 2,588 | ||
2 | 774 | ||
3 | 511 | ||
4 | 408 | ||
5 | 379 | ||
6 | 331 | ||
7 | 288 | ||
8 | 244 | ||
9 | 230 | ||
10 | 142 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 204 | ||
2 | 167 | ||
3 | 86 | ||
4 | 82 | ||
5 | 63 | ||
6 | 61 | ||
7 | 58 | ||
8 | 57 | ||
9 | 49 | ||
10 | 48 |
View houses in Gallatin that sold recently
Recently sold homes
- $530,000 Last Sold Price3 beds2 baths2,317 sq ft205 Ferdinand Dr, Gallatin, TN 37066List Price$530,000Sale to List0% over listDays on Market—205 Ferdinand Dr, Gallatin, TN 37066
- $413,500 Last Sold Price3 beds2 baths1,712 sq ft825 S Browns Ln #1402, Gallatin, TN 37066List Price$419,500Sale to List1% under listDays on Market—825 S Browns Ln #1402, Gallatin, TN 37066
- $485,000 Last Sold Price4 beds3 baths2,862 sq ft1797 Shagbark Way, Gallatin, TN 37066List Price$485,000Sale to List0% over listDays on Market—1797 Shagbark Way, Gallatin, TN 37066
- $685,000 Last Sold Price3 beds2.5 baths2,965 sq ft200 Pond Dr, Gallatin, TN 37066List Price$699,900Sale to List2% under listDays on Market—200 Pond Dr, Gallatin, TN 37066
- $619,951 Last Sold Price4 beds3.5 baths2,837 sq ft196 Cavalcade Loop, Gallatin, TN 37066List Price$615,600Sale to List1% over listDays on Market—196 Cavalcade Loop, Gallatin, TN 37066
- Sign in for price Last Sold Price—beds—baths—sq ft2049 Walnut Ln Unit 297D, Gallatin, TN 37066List Price—Sale to List—Days on Market—2049 Walnut Ln Unit 297D, Gallatin, TN 37066
- $354,420 Last Sold Price3 beds2.5 baths1,656 sq ft204 Douglas Bend Rd #1704, Gallatin, TN 37066List Price$358,420Sale to List1% under listDays on Market—204 Douglas Bend Rd #1704, Gallatin, TN 37066
- $595,000 Last Sold Price3 beds2 baths2,421 sq ft1019 Isaac Franklin Dr, Gallatin, TN 37066List Price$606,000Sale to List2% under listDays on Market—1019 Isaac Franklin Dr, Gallatin, TN 37066
See all recently sold homes in Gallatin.
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Schools in Gallatin
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Station Camp Elementary School Public • PreK-5 | 1030 Students | 16 reviews |
7/10 Union Elementary School Public • PreK-5 | 590 Students | 8 reviews |
6/10 Howard Elementary School Public • PreK-5 | 554 Students | 6 reviews |
5/10 Vena Stuart Elementary School Public • PreK-5 | 661 Students | 4 reviews |
5/10 Guild Elementary School Public • K-5 | 632 Students | 31 reviews |
Climate's impact on Gallatin housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Gallatin.
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Fire Factor - Moderate
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Wind Factor - Moderate
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Wind likelihood over time
Heat Factor - Major
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Transportation in Gallatin
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Bike Score®
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