$2,791 Closing Credit*
$235,000
925 SqFt
2 Beds
•1 Full Bath
Beth Oertel, Listing Office: Oertel Group Real Estate and Property
Is 37066, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 37066 has remained a Seller's Market.
Key Takeaway
37066 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37066, TN
How much do homes in 37066, TN cost?
Median Sold Price
$436,150
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$3,847(-0.9%)
Key Takeaway
Homes in 37066 have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in 37066 was $436,150 in October 2024, down 0.9% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $494.9K | - | N/A |
| 2 Bedrooms | $370K | $313.2K | -15.3% |
| 3 Bedrooms | $387.2K | $385K | -0.6% |
| 4 Bedrooms | $568.9K | $555K | -2.5% |
| 5+ Bedrooms | $925K | $874.9K | -5.4% |
Summary: 37066 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.3%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 5.4%.
Housing Supply in 37066, TN
How many homes are available in 37066, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 492 | 495 | +0.6% |
Summary: The 37066 real estate market had 495 homes for sale in October 2024, a 0.6% 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 | 44 | 42 | -4.5% |
| 3 Bedrooms | 296 | 285 | -3.7% |
| 4 Bedrooms | 124 | 138 | +11.3% |
| 5+ Bedrooms | 28 | 30 | +7.1% |
Summary: The 37066 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 decreased by 4.5%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 116 | 94 | -19.0% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
37 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37066, you may be able to get a good deal. 46.8% of homes here sold below asking price last month.
Summary: A total of 94 homes were sold or pending in 37066 in October 2024, down by 19.0% month-over-month. Of the 94 sold homes, 47% were sold under asking, 39% were sold at asking, and 14% were sold over asking.
Days on Market for 37066, TN
How long does it take to sell a home in 37066, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 37 Days | +75.7% |
Summary: Homes in 37066 had an average of 37 days on market in Oct 2024, up by 75.7% compared to last year.
Breakdown of Home Sale Times
69 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37066 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 94 homes were sold in 37066; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 6% 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.