$9,500 Closing Credit*
$800,000
2,393 SqFt
3 Beds
•3 Full Baths
Eileen Giger, Listing Office: Parks Compass
Is 37064, 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, 37064 has remained a Seller's Market.
Key Takeaway
37064 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37064, TN
How much do homes in 37064, TN cost?
Median Sold Price
$895,826
$332/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$41,483(+4.9%)
Key Takeaway
Homes in 37064 have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in 37064 was $895,826 in November 2024, up 4.9% from last year, and the median price per square foot was $332.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $274.7K | $259.9K | -5.4% |
| 2 Bedrooms | $420K | $540.5K | +28.7% |
| 3 Bedrooms | $688.1K | $687.4K | -0.1% |
| 4 Bedrooms | $994.8K | $1.0M | +5.2% |
| 5+ Bedrooms | $1.2M | $1.4M | +11.3% |
Summary: 37064 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.4%, 2 bedroom homes increased by 28.7%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 11.3%.
Housing Supply in 37064, TN
How many homes are available in 37064, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 509 | 516 | +1.4% |
Summary: The 37064 real estate market had 516 homes for sale in November 2024, a 1.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 14 | +40.0% |
| 2 Bedrooms | 59 | 65 | +10.2% |
| 3 Bedrooms | 171 | 175 | +2.3% |
| 4 Bedrooms | 174 | 164 | -5.7% |
| 5+ Bedrooms | 95 | 98 | +3.2% |
Summary: The 37064 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes increased by 3.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 94 | 91 | -3.2% |
Asking Price vs. Sold Price
55 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37064, you may be able to get a good deal. 60.4% of homes here sold below asking price last month.
Summary: A total of 91 homes were sold or pending in 37064 in November 2024, down by 3.2% month-over-month. Of the 91 sold homes, 60% were sold under asking, 25% were sold at asking, and 14% were sold over asking.
Days on Market for 37064, TN
How long does it take to sell a home in 37064, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 46 Days | +134.1% |
Summary: Homes in 37064 had an average of 46 days on market in Nov 2024, up by 134.1% compared to last year.
Breakdown of Home Sale Times
54 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37064 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 91 homes were sold in 37064; 59% of homes were sold within 30 days, 21% 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. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.