$5,878 Closing Credit*
$495,000
2,012 SqFt
3 Beds
•2 Full Baths
Terrie Buck, Listing Office: Keller Williams Realty
Is 37015, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 37015 was a Seller's Market.
Key Takeaway
37015 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 37015, TN
How much do homes in 37015, TN cost?
Median Sold Price
$350,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+4.5%)
Key Takeaway
Homes in 37015 have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in 37015 was $350,000 in November 2024, up 4.5% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $143K | $299.9K | +109.7% |
| 2 Bedrooms | $325K | $280K | -13.8% |
| 3 Bedrooms | $335K | $347K | +3.6% |
| 4 Bedrooms | $345K | $508.7K | +47.5% |
| 5+ Bedrooms | $989.9K | $315K | -68.2% |
Summary: 37015 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 109.7%, 2 bedroom homes decreased by 13.8%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 47.5%, and 5+ bedroom homes decreased by 68.2%.
Housing Supply in 37015, TN
How many homes are available in 37015, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 104 | 104 | 0.0% |
Summary: The 37015 real estate market had 104 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 17 | 15 | -11.8% |
| 3 Bedrooms | 66 | 68 | +3.0% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 37015 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes increased by 3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 11 | -26.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37015, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 37015 in November 2024, down by 26.7% month-over-month. Of the 11 sold homes, 73% were sold under asking, 27% were sold at asking, and 0% were sold over asking.
Days on Market for 37015, TN
How long does it take to sell a home in 37015, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 48 Days | +92.0% |
Summary: Homes in 37015 had an average of 48 days on market in Nov 2024, up by 92% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37015 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in 37015; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% 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.