$4,274 Closing Credit*
$359,900
1,283 SqFt
3 Beds
•2 Full Baths
Missy Chandler, Listing Office: Parker Peery Properties
Is 37036, 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, 37036 has remained a Seller's Market.
Key Takeaway
37036 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37036, TN
How much do homes in 37036, TN cost?
Median Sold Price
$344,900
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,100(-1.5%)
Key Takeaway
Homes in 37036 have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in 37036 was $344,900 in November 2024, down 1.5% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $208K | $299K | +43.8% |
| 2 Bedrooms | $273.9K | $268K | -2.2% |
| 3 Bedrooms | $344.9K | $345K | 0.0% |
| 4 Bedrooms | $690K | $357.4K | -48.2% |
| 5+ Bedrooms | - | $490K | N/A |
Summary: 37036 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 43.8%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes did not change, 4 bedroom homes decreased by 48.2%, and 5+ bedroom homes did not change.
Housing Supply in 37036, TN
How many homes are available in 37036, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 30 | -9.1% |
Summary: The 37036 real estate market had 30 homes for sale in November 2024, a 9.1% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 24 | 21 | -12.5% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 37036 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
4 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 37036, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 37036 in November 2024, down by 11.1% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 37036, TN
How long does it take to sell a home in 37036, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 40 Days | -19.6% |
Summary: Homes in 37036 had an average of 40 days on market in Nov 2024, down by 19.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 37036 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in 37036; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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.