$5,926 Closing Credit*
$499,000
1,320 SqFt
3 Beds
•1 Full Bath
Carla Rae Harris, Listing Office: United Country Real Estate Leipers Fork
Is 37098, 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, 37098 has remained a Buyer's Market.
Key Takeaway
37098 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 37098, TN
How much do homes in 37098, TN cost?
Median Sold Price
$329,900
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$1,900(+0.6%)
Key Takeaway
Homes in 37098 have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in 37098 was $329,900 in November 2024, up 0.6% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $181K | $257.5K | +42.3% |
| 2 Bedrooms | $328K | $265.9K | -18.9% |
| 3 Bedrooms | $328.9K | $329.9K | 0.3% |
| 4 Bedrooms | $392K | $435K | +11.0% |
| 5+ Bedrooms | $275K | $375K | +36.4% |
Summary: 37098 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.3%, 2 bedroom homes decreased by 18.9%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 36.4%.
Median Sold Price Compared To Nearby Zip Codes
| 37025 | $380K | $420.7K | +10.7% |
| 37098 | $328K | $329.9K | +0.6% |
Housing Supply in 37098, TN
How many homes are available in 37098, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Summary: The 37098 real estate market had 17 homes for sale in November 2024, a 13.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 37098 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 remained the same, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 37098, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 37098 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 37098, TN
How long does it take to sell a home in 37098, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 9 Days | -47.1% |
Summary: Homes in 37098 had an average of 9 days on market in Nov 2024, down by 47.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37098 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 37098; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.