$10,000 Closing Credit*
$1,650,000
3,500 SqFt
5 Beds
•3 Full Baths, 1 Partial
Mark Warner, Listing Office: Epique Realty
Is 37018, 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, 37018 has remained a Seller's Market.
Key Takeaway
37018 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37018, TN
How much do homes in 37018, TN cost?
Median Sold Price
$437,950
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$28,050(+6.8%)
Key Takeaway
Homes in 37018 have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in 37018 was $437,950 in October 2024, up 6.8% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $116.7K | - | N/A |
| 2 Bedrooms | $275K | $372.5K | +35.5% |
| 3 Bedrooms | $409.9K | $392K | -4.4% |
| 4 Bedrooms | $800K | $704.9K | -11.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: 37018 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35.5%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 11.9%, and 5+ bedroom homes did not change.
Housing Supply in 37018, TN
How many homes are available in 37018, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The 37018 real estate market had 10 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 37018 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 37018, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 37018 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for 37018, TN
How long does it take to sell a home in 37018, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 11 Days | -36.1% |
Summary: Homes in 37018 had an average of 11 days on market in Oct 2024, down by 36.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37018 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 37018; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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