RealtyLens
for saleRealtyLens property overview
$568,990

1226 Wallace Way

Hermitage, TN, 37076
View more Hermitage, TN property pages
4Beds
2Baths
2,902Sqft
$196$/sqft

Listing Notes

The Adelaide is a two-story single-family home that feels welcoming from the moment you step inside. The open-concept kitchen flows easily into the great room, creating a bright space where meals and everyday moments come together. A dining room just off the kitchen adds the perfect spot for gatherings big and small. Upstairs, the first-floor primary suite offers comfort and privacy at the end of each day.

Market Insights

Below nearby median-19%

$196/sqft vs a nearby median of $241/sqft.

Nearby median$241/sqft
Nearby properties12
Property size2,902 sqft
  • -19% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,902 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$595k$547k$643k · 59% confidence
vs ask $569k−$26k (−4.6%)

Asking price is about 4.6% below the fair value — likely to draw competing offers if it's still on market.

$202/sqft median across 3 tight comps × 2,902 sqft= $586k
  • Modern construction+$9k +1.5%
Cumulative NYC adjustments+$9k+1.5%

Property Read

FreshnessHistorical market data

Treat this as historical market context until the listing data refreshes.

Market Position-19% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
6 days
Last price change
No change recorded
Listed
May 7, 2026
Photos
12 photos
Property type
single family
Status
for sale

Photos

Price History

May 8, 2026Initial record
$568,990for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.