Market report, updated

Wembley Estates Home Values and Market Report

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Report prepared by Thfre.com Tennessee Home & Farm Real Estate
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Market at a glance

Over the last 12 months, homes sold for 98.1% of list price in 45 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $525K Sold · $525K
$670K$620K$570K$520K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 3 sales in May. Last month: 0.

Where the market stands

All homes in this report, by status.

10homes
Active2 · 20%
Under contract1 · 10%
Sold (12 mo)7 · 70%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$555K
Under contract$649K
Sold$596K

Average days on market

Active76 days
Under contract37 days
Sold45 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 2
Average list price $554,990
Avg. days on market 76 days
Avg. price per ft² $209
Avg. living area 2,648 ft²
Avg. beds / baths 4.0 / 4.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$600K$400K$200K$0

Price vs. living area: 2 homes plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 2 homes in this status.

848 Old Lebanon Dirt Road$211
856 Old Lebanon Dirt Road$207

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
856 Old Lebanon Dirt RoadHermitage, TN 37076 442,648$549,990$20741 days
848 Old Lebanon Dirt RoadHermitage, TN 37076 442,648$559,990$211110 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.