$10,000 Closing Credit*
$2,249,999
5,090 SqFt
4 Beds
•4 Full Baths, 2 Partial
Marabeth Poole, Listing Office: Onward Real Estate
Is 37046, 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, 37046 was a Buyer's Market.
Key Takeaway
37046 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37046, TN
How much do homes in 37046, TN cost?
Median Sold Price
$1,383,437
$343/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$168,510(+13.9%)
Key Takeaway
Homes in 37046 have sold for 13.9% more than they did a year ago.
Summary: The median home sold price in 37046 was $1,383,437 in October 2024, up 13.9% from last year, and the median price per square foot was $343.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $374K | $190K | -49.2% |
| 2 Bedrooms | $362K | $300K | -17.1% |
| 3 Bedrooms | $916.2K | $782.5K | -14.6% |
| 4 Bedrooms | $1.3M | $1.3M | -1.9% |
| 5+ Bedrooms | $1.9M | $1.4M | -23.3% |
Summary: 37046 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49.2%, 2 bedroom homes decreased by 17.1%, 3 bedroom homes decreased by 14.6%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 23.3%.
Housing Supply in 37046, TN
How many homes are available in 37046, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 105 | 116 | +10.5% |
Summary: The 37046 real estate market had 116 homes for sale in October 2024, a 10.5% 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 | 11 | 14 | +27.3% |
| 4 Bedrooms | 32 | 33 | +3.1% |
| 5+ Bedrooms | 60 | 66 | +10.0% |
Summary: The 37046 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 27.3%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 21 | +40.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37046, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 37046 in October 2024, up by 40.0% month-over-month. Of the 20 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.
Days on Market for 37046, TN
How long does it take to sell a home in 37046, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 53 Days | +41.3% |
Summary: Homes in 37046 had an average of 53 days on market in Oct 2024, up by 41.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37046 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 21 homes were sold in 37046; 57% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 19% 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.