$499,000
0.39 Acres
Land
Dale Binkley, Listing Office: Parks Compass
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. 
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listings displayed are the property of the Western Kentucky Regional MLS (WKMLS) and provided here for consumer's personal, non-commercial use, and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Each potential buyer is responsible for conducting his or her own independent inspections,investigations, measurements, inquiries and due diligence concerning the property. Although all information contained herein is believed to be accurate, the Real Estate Broker and the Seller of the property make no warranty or guarantee, actual or implied. Copyright 2024 Western Kentucky Regional MLS, Inc.