$10,000 Closing Credit*
$1,897,000
5,808 SqFt
5 Beds
•3 Full Baths, 1 Partial
Jay Toms, Listing Office: Southern Life Real Estate
Is 37069, 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, 37069 has remained a Seller's Market.
Key Takeaway
37069 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37069, TN
How much do homes in 37069, TN cost?
Median Sold Price
$990,000
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$90,016(+10.0%)
Key Takeaway
Homes in 37069 have sold for 10% more than they did a year ago.
Summary: The median home sold price in 37069 was $990,000 in November 2024, up 10% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $940K | - | N/A |
| 2 Bedrooms | $433.5K | $475K | +9.6% |
| 3 Bedrooms | $643K | $664.5K | +3.3% |
| 4 Bedrooms | $995K | $1.1M | +16.1% |
| 5+ Bedrooms | $1.5M | $1.9M | +32.9% |
Summary: 37069 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 32.9%.
Housing Supply in 37069, TN
How many homes are available in 37069, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 100 | 95 | -5.0% |
Summary: The 37069 real estate market had 95 homes for sale in November 2024, a 5.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 19 | 23 | +21.1% |
| 4 Bedrooms | 36 | 35 | -2.8% |
| 5+ Bedrooms | 43 | 36 | -16.3% |
Summary: The 37069 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 21.1%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes decreased by 16.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37069, you may be able to get a good deal. 72.2% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 37069 in November 2024, down by 10.0% month-over-month. Of the 18 sold homes, 72% were sold under asking, 11% were sold at asking, and 17% were sold over asking.
Days on Market for 37069, TN
How long does it take to sell a home in 37069, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 33 Days | +34.6% |
Summary: Homes in 37069 had an average of 33 days on market in Nov 2024, up by 34.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 37069 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 18 homes were sold in 37069; 50% of homes were sold within 30 days, 44% 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.