$3,432 Closing Credit*
$289,000
1,700 SqFt
3 Beds
•2 Full Baths
Brittany Friedmann GRI, ABR, AHWD, Listing Office: Blackwell Realty and Auction
Is 37083, 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, 37083 was a Seller's Market.
Key Takeaway
37083 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 37083, TN
How much do homes in 37083, TN cost?
Median Sold Price
$269,900
$169/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since October 2023.
Key Takeaway
The sold price of homes in 37083 has remained the same since last year.
Summary: The median home sold price in 37083 was $269,900 in October 2024, the same as last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75K | $152.5K | +103.3% |
| 2 Bedrooms | $161.2K | $215.7K | +33.8% |
| 3 Bedrooms | $270K | $275K | +1.9% |
| 4 Bedrooms | $352.5K | $289.9K | -17.7% |
| 5+ Bedrooms | $239.9K | $438.5K | +82.7% |
Summary: 37083 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 103.3%, 2 bedroom homes increased by 33.8%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 17.7%, and 5+ bedroom homes increased by 82.7%.
Median Sold Price Compared To Nearby Zip Codes
| 37083 | $269.9K | $269.9K | 0.0% |
| 37074 | $340K | $325K | -4.4% |
Housing Supply in 37083, TN
How many homes are available in 37083, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 94 | 116 | +23.4% |
Summary: The 37083 real estate market had 116 homes for sale in October 2024, a 23.4% 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 | 9 | 12 | +33.3% |
| 3 Bedrooms | 74 | 92 | +24.3% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 37083 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 33.3%, 3 bedroom homes increased by 24.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 13 | +62.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37083, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 37083 in October 2024, up by 62.5% month-over-month. Of the 13 sold homes, 54% were sold under asking, 31% were sold at asking, and 15% were sold over asking.
Days on Market for 37083, TN
How long does it take to sell a home in 37083, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 45 Days | +1.4% |
Summary: Homes in 37083 had an average of 45 days on market in Oct 2024, up by 1.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 37083 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in 37083; 54% of homes were sold within 30 days, 38% 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. 
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.