$10,000 Closing Credit*
$1,499,900
6,529 SqFt
5 Beds
•6 Full Baths
Beth Thornton, Listing Office: Parker Peery Properties
Is 37029, 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, 37029 has remained a Buyer's Market.
Key Takeaway
37029 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 37029, TN
How much do homes in 37029, TN cost?
Median Sold Price
$462,500
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,500(+2.8%)
Key Takeaway
Homes in 37029 have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in 37029 was $462,500 in October 2024, up 2.8% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $320K | $422K | +31.9% |
| 3 Bedrooms | $450K | $433K | -3.8% |
| 4 Bedrooms | $602.2K | $645K | +7.1% |
| 5+ Bedrooms | - | $582K | N/A |
Summary: 37029 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 31.9%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 7.1%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 43 | 0.0% |
Summary: The 37029 real estate market had 43 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 | 1 | +100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 20 | 23 | +15.0% |
| 4 Bedrooms | 17 | 13 | -23.5% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 37029 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
4 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 37029, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 37029 in October 2024, down by 25.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 37 Days | +60.3% |
Summary: Homes in 37029 had an average of 37 days on market in Oct 2024, up by 60.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 37029 has remained consistent over time.
Summary: During October 2024, 6 homes were sold in 37029; 33% of homes were sold within 30 days, 67% 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.