$3,741 Closing Credit*
$315,000
1,780 SqFt
3 Beds
•2 Full Baths, 1 Partial
Karen C. Neal, Listing Office: Benchmark Realty, LLC
Is 37013, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$389,990
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,993(+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 $389,990 in October 2024, up 4% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $595K | $276.4K | -53.5% |
| 2 Bedrooms | $278.7K | $285K | +2.2% |
| 3 Bedrooms | $355.2K | $380K | +7.0% |
| 4 Bedrooms | $435.8K | $455K | +4.4% |
| 5+ Bedrooms | $467.9K | $496.4K | +6.1% |
Summary: 37013 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.5%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 6.1%.
Housing Supply in 37013, TN
How many homes are available in 37013, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 421 | 445 | +5.7% |
Summary: The 37013 real estate market had 445 homes for sale in October 2024, a 5.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 120 | 123 | +2.5% |
| 3 Bedrooms | 195 | 211 | +8.2% |
| 4 Bedrooms | 92 | 92 | 0.0% |
| 5+ Bedrooms | 11 | 16 | +45.5% |
Summary: The 37013 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 8.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 45.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 84 | 101 | +20.2% |
Asking Price vs. Sold Price
49 Homes Were Sold
Under Asking
35 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37013, you may be able to get a good deal. 49.5% of homes here sold below asking price last month.
Summary: A total of 101 homes were sold or pending in 37013 in October 2024, up by 20.2% month-over-month. Of the 99 sold homes, 49% were sold under asking, 35% were sold at asking, and 15% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 28 Days | +82.0% |
Summary: Homes in 37013 had an average of 28 days on market in Oct 2024, up by 82% compared to last year.
Breakdown of Home Sale Times
68 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
7 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 October 2024, 101 homes were sold in 37013; 67% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 7% 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.