$200,000
20.00 Acres
Land
Dale Nichols, Listing Office: Parks Auction & Realty
Is 37026, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 37026 was a Neutral Market.
Key Takeaway
37026 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37026, TN
How much do homes in 37026, TN cost?
Median Sold Price
$329,900
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$34,950(+11.8%)
Key Takeaway
Homes in 37026 have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in 37026 was $329,900 in October 2024, up 11.8% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $324.9K | N/A |
| 2 Bedrooms | $255K | $203.5K | -20.2% |
| 3 Bedrooms | $299.9K | $339K | +13.0% |
| 4 Bedrooms | $443.7K | $825K | +85.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: 37026 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 decreased by 20.2%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 85.9%, and 5+ bedroom homes did not change.
Housing Supply in 37026, TN
How many homes are available in 37026, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The 37026 real estate market had 13 homes for sale in October 2024, a 8.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 37026 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 37026, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in 37026 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for 37026, TN
How long does it take to sell a home in 37026, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 62 Days | +520.0% |
Summary: Homes in 37026 had an average of 62 days on market in Oct 2024, up by 520% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 37026 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 37026; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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.