$304,900
2,364 SqFt
3 Beds
•3 Full Baths
Pam Redden, Listing Office: Crye-Leike, Inc., REALTORS
November 2024
Report Updated 22 Days Ago
Is 37101, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 37101 was a Seller's Market.
How much do homes in 37101, TN cost?
$278,700
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
Summary: The median home sold price in 37101 was $278,700 in November 2024, up 3.2% from last year, and the median price per square foot was $182.
# BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $179.4K | $260K | +44.9% |
3 Bedrooms | $272K | $278.7K | +2.5% |
4 Bedrooms | $297.2K | $243.2K | -18.2% |
5+ Bedrooms | $925K | $490K | -47.0% |
Summary: 37101 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 44.9%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 47%.
How many homes are available in 37101, TN?
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
29 | 28 | -3.4% |
Summary: The 37101 real estate market had 28 homes for sale in November 2024, a 3.4% decrease compared to October 2024.
# BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 0 | -100.0% |
3 Bedrooms | 19 | 19 | 0.0% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 37101 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
7 | 4 | -42.9% |
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 37101 in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
How long does it take to sell a home in 37101, TN?
Nov 2023 | Nov 2024 | CHANGE |
---|---|---|
16 Days | 25 Days | +57.7% |
Summary: Homes in 37101 had an average of 25 days on market in Nov 2024, up by 57.7% compared to last year.
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During November 2024, 4 homes were sold in 37101; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 22 Days Ago
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Based on information from RealTracs Middle Tennessee Regional MLS, and Memphis MLS for the period 12/01/2022 - 12/01/2024
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
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Last updated on: 12/22/2024, 10:18:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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