$750,000
12.00 Acres
Land
John T. Hendon, Listing Office: Coldwell Banker Southern Realty
Is 37060, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 37060 was a Seller's Market.
Key Takeaway
37060 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 37060, TN
How much do homes in 37060, TN cost?
Median Sold Price
$756,275
$221/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$374,025(+97.8%)
Key Takeaway
Homes in 37060 have sold for 97.8% more than they did a month ago.
Summary: The median home sold price in 37060 was $756,275 in October 2024, up 97.8% from last month, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $352K | - | N/A |
| 3 Bedrooms | $431.2K | - | N/A |
| 4 Bedrooms | $245K | $756.2K | +208.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: 37060 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 208.7%, and 5+ bedroom homes did not change.
Housing Supply in 37060, TN
How many homes are available in 37060, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 15 | -21.1% |
Summary: The 37060 real estate market had 15 homes for sale in October 2024, a 21.1% decrease 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 7 | 4 | -42.9% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 37060 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 remained the same, 3 bedroom homes decreased by 42.9%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37060, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 37060 in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 37060, TN
How long does it take to sell a home in 37060, TN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 36 Days | +19.7% |
Summary: Homes in 37060 had an average of 36 days on market in Oct 2024, up by 19.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37060 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 37060; 50% of homes were sold within 30 days, 50% 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.