$6,757 Closing Credit*
$569,000
1,905 SqFt
3 Beds
•2 Full Baths
Julie Hasley Coone, Listing Office: The Realty Association
Is 37029, 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, 37029 has remained a Seller's Market.
Key Takeaway
37029 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37029, TN
How much do homes in 37029, TN cost?
Median Sold Price
$455,000
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+1.1%)
Key Takeaway
Homes in 37029 have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in 37029 was $455,000 in November 2024, up 1.1% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $322.5K | $377.4K | +17.0% |
| 3 Bedrooms | $435K | $407.5K | -6.3% |
| 4 Bedrooms | $555K | $674.9K | +21.6% |
| 5+ Bedrooms | - | $582K | N/A |
Summary: 37029 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes did not change.
Housing Supply in 37029, TN
How many homes are available in 37029, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 41 | -2.4% |
Summary: The 37029 real estate market had 41 homes for sale in November 2024, a 2.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 26 | 25 | -3.8% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 37029 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37029, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 37029 in November 2024, up by 16.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for 37029, TN
How long does it take to sell a home in 37029, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 23 Days | -13.4% |
Summary: Homes in 37029 had an average of 23 days on market in Nov 2024, down by 13.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37029 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in 37029; 86% of homes were sold within 30 days, 14% 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.
© 2024 of the REALTRACS MLS. All rights Reserved.