The SoBro housing market is not very competitive. The median sale price of a home in SoBro was $1.9M last month, up 46.2% since last year. The median sale price per square foot in SoBro is $689, down 55.7% since last year.
In October 2024, SoBro home prices were up 46.2% compared to last year, selling for a median price of $1.9M. On average, homes in SoBro sell after 91 days on the market compared to 71 days last year. There were 3 homes sold in October this year, down from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,900,000
+46.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
SoBro, TN
$1,900,000
+46.2%
United States
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How hot is the SoBro housing market?
SoBro is not very competitive. Homes sell in 91 days.
0
100
11
Not Very Competitive
Redfin Compete Score™
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
Multiple offers are rare.
The average homes sell for about 6% below list price and go pending in around 91 days.
Hot homes
can sell for about 1% below list price and go pending in around 35 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on SoBro housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in SoBro.
Flood Factor - Minor
49% of properties are at risk of severe flooding over the next 30 years
Flood Factor
SoBro has a minor risk of flooding. 104 properties in SoBro are likely to be
severely affected
by flooding over the next 30 years. This represents 49% of all properties in SoBro. Flood risk is increasing slower than the national average.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
SoBro has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. SoBro is most at risk from hurricanes. 245 properties in SoBro have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 61 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 69 mph.