$10,000 Closing Credit*
$899,500
2,847 SqFt
3 Beds
•2 Full Baths, 1 Partial
Melony C. Ligon, Listing Office: Coldwell Banker Southern Realty
Is 37067, 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, 37067 was a Seller's Market.
Key Takeaway
37067 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 37067, TN
How much do homes in 37067, TN cost?
Median Sold Price
$869,541
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,241(+2.5%)
Key Takeaway
Homes in 37067 have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in 37067 was $869,541 in October 2024, up 2.5% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $414.9K | - | N/A |
| 2 Bedrooms | $429.7K | $465K | +8.2% |
| 3 Bedrooms | $629K | $620K | -1.4% |
| 4 Bedrooms | $899.9K | $960K | +6.7% |
| 5+ Bedrooms | $1.4M | $1.3M | -9.3% |
Summary: 37067 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 increased by 8.2%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 9.3%.
Housing Supply in 37067, TN
How many homes are available in 37067, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 127 | 133 | +4.7% |
Summary: The 37067 real estate market had 133 homes for sale in October 2024, a 4.7% 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 | 14 | 18 | +28.6% |
| 3 Bedrooms | 37 | 37 | 0.0% |
| 4 Bedrooms | 48 | 47 | -2.1% |
| 5+ Bedrooms | 28 | 31 | +10.7% |
Summary: The 37067 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 28.6%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 10.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 21 | -12.5% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 37067, you may be able to get a good deal. 76.2% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 37067 in October 2024, down by 12.5% month-over-month. Of the 21 sold homes, 76% were sold under asking, 19% were sold at asking, and 5% were sold over asking.
Days on Market for 37067, TN
How long does it take to sell a home in 37067, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 40 Days | +75.5% |
Summary: Homes in 37067 had an average of 40 days on market in Oct 2024, up by 75.5% 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 37067 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 21 homes were sold in 37067; 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.