$10,000 Closing Credit*
$1,175,000
1,830 SqFt
3 Beds
•2 Full Baths
Rachael A Putney, Listing Office: Reliant Realty ERA Powered
Is 37064, 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, 37064 was a Seller's Market.
Key Takeaway
37064 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 37064, TN
How much do homes in 37064, TN cost?
Median Sold Price
$884,516
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$28,813(+3.4%)
Key Takeaway
Homes in 37064 have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in 37064 was $884,516 in October 2024, up 3.4% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | $262.4K | -6.3% |
| 2 Bedrooms | $399.5K | $535K | +33.9% |
| 3 Bedrooms | $685K | $685.2K | 0.0% |
| 4 Bedrooms | $999.9K | $1.0M | +3.1% |
| 5+ Bedrooms | $1.3M | $1.3M | 0.1% |
Summary: 37064 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes increased by 33.9%, 3 bedroom homes did not change, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 0.1%.
Housing Supply in 37064, TN
How many homes are available in 37064, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 483 | 536 | +11.0% |
Summary: The 37064 real estate market had 536 homes for sale in October 2024, a 11.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 10 | +25.0% |
| 2 Bedrooms | 51 | 60 | +17.6% |
| 3 Bedrooms | 164 | 179 | +9.1% |
| 4 Bedrooms | 173 | 184 | +6.4% |
| 5+ Bedrooms | 87 | 103 | +18.4% |
Summary: The 37064 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 18.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 80 | 87 | +8.8% |
Asking Price vs. Sold Price
54 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37064, you may be able to get a good deal. 62.1% of homes here sold below asking price last month.
Summary: A total of 87 homes were sold or pending in 37064 in October 2024, up by 8.8% month-over-month. Of the 87 sold homes, 62% were sold under asking, 24% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 28 Days | -13.3% |
Summary: Homes in 37064 had an average of 28 days on market in Oct 2024, down by 13.3% compared to last year.
Breakdown of Home Sale Times
59 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
7 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 October 2024, 87 homes were sold in 37064; 68% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% 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.