$4,096 Closing Credit*
$344,900
1,211 SqFt
3 Beds
•2 Full Baths
William (Trey) Sugg, Listing Office: Realty One Group Music City
Is 37013, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 37013 has remained a Seller's Market.
Key Takeaway
37013 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37013, TN
How much do homes in 37013, TN cost?
Median Sold Price
$389,975
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,977(+4.0%)
Key Takeaway
Homes in 37013 have sold for 4% more than they did a year ago.
Summary: The median home sold price in 37013 was $389,975 in November 2024, up 4% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $595K | $276.4K | -53.5% |
| 2 Bedrooms | $278K | $285K | +2.5% |
| 3 Bedrooms | $359.8K | $380K | +5.6% |
| 4 Bedrooms | $435.4K | $455K | +4.5% |
| 5+ Bedrooms | $470K | $490K | +4.3% |
Summary: 37013 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.5%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 4.3%.
Housing Supply in 37013, TN
How many homes are available in 37013, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 430 | 443 | +3.0% |
Summary: The 37013 real estate market had 443 homes for sale in November 2024, a 3.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 109 | 107 | -1.8% |
| 3 Bedrooms | 213 | 221 | +3.8% |
| 4 Bedrooms | 90 | 95 | +5.6% |
| 5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The 37013 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 105 | 83 | -21.0% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37013, you may be able to get a good deal. 51.8% of homes here sold below asking price last month.
Summary: A total of 83 homes were sold or pending in 37013 in November 2024, down by 21.0% month-over-month. Of the 83 sold homes, 52% were sold under asking, 33% were sold at asking, and 16% were sold over asking.
Days on Market for 37013, TN
How long does it take to sell a home in 37013, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 35 Days | +57.4% |
Summary: Homes in 37013 had an average of 35 days on market in Nov 2024, up by 57.4% compared to last year.
Breakdown of Home Sale Times
54 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37013 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 83 homes were sold in 37013; 65% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.