50 homes in Lake Balboa
$900K
Median Price
$605
Avg $/Sq Ft
48
Avg Days on Market
10
New This Week
Lake Balboa is a sought-after neighborhood in Van Nuys, TN. Currently, there are 103 homes for sale in this area with a median listing price of $900K. The average price per square foot is $605.
Median Home Price
$1.06M
↑ 21.8% over the past yearSales Velocity
How fast homes are selling
Homes are taking longer to sell—buyers have more time to negotiate and explore options. Sales 52% faster than 6 months ago.
Inventory Distribution
Homes are selling at a healthy pace—more listings move within 30 days than sit longer on the market.
Most homes are selling within a month, but a meaningful share is starting to linger longer.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $367K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$677K)
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