$8,847 Closing Credit*
$745,000
1,980 SqFt
3 Beds
•2 Full Baths
Kim Richards, Listing Office: RE/MAX 1ST Choice
Is 37032, 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, 37032 has remained a Seller's Market.
Key Takeaway
37032 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37032, TN
How much do homes in 37032, TN cost?
Median Sold Price
$467,450
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$60,450(+14.9%)
Key Takeaway
Homes in 37032 have sold for 14.9% more than they did a year ago.
Summary: The median home sold price in 37032 was $467,450 in October 2024, up 14.9% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $259.9K | N/A |
| 2 Bedrooms | $208.7K | $235K | +12.6% |
| 3 Bedrooms | $405K | $492K | +21.5% |
| 4 Bedrooms | $498K | $685K | +37.6% |
| 5+ Bedrooms | $568K | $539.9K | -4.9% |
Summary: 37032 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 12.6%, 3 bedroom homes increased by 21.5%, 4 bedroom homes increased by 37.6%, and 5+ bedroom homes decreased by 4.9%.
Housing Supply in 37032, TN
How many homes are available in 37032, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 23 | +43.8% |
Summary: The 37032 real estate market had 23 homes for sale in October 2024, a 43.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 10 | 15 | +50.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 37032 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 increased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37032, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 37032 in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 37032, TN
How long does it take to sell a home in 37032, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 27 Days | +4.1% |
Summary: Homes in 37032 had an average of 27 days on market in Oct 2024, up by 4.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37032 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in 37032; 60% of homes were sold within 30 days, 40% 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.