$7,955 Closing Credit*
$669,900
2,837 SqFt
3 Beds
•3 Full Baths
Jessica Simpson, Listing Office: Zach Taylor Real Estate
Is 37129, 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, 37129 has remained a Seller's Market.
Key Takeaway
37129 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37129, TN
How much do homes in 37129, TN cost?
Median Sold Price
$468,464
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,855(+5.4%)
Key Takeaway
Homes in 37129 have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in 37129 was $468,464 in November 2024, up 5.4% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $325K | N/A |
| 2 Bedrooms | $274.9K | $286K | +4.0% |
| 3 Bedrooms | $388.9K | $410.7K | +5.6% |
| 4 Bedrooms | $553.2K | $580K | +4.8% |
| 5+ Bedrooms | $652K | $619.9K | -4.9% |
Summary: 37129 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 4%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 4.9%.
Housing Supply in 37129, TN
How many homes are available in 37129, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 301 | 286 | -5.0% |
Summary: The 37129 real estate market had 286 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 | 13 | 15 | +15.4% |
| 3 Bedrooms | 153 | 149 | -2.6% |
| 4 Bedrooms | 105 | 94 | -10.5% |
| 5+ Bedrooms | 30 | 28 | -6.7% |
Summary: The 37129 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 increased by 15.4%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 65 | 49 | -24.6% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37129, you may be able to get a good deal. 48.9% of homes here sold below asking price last month.
Summary: A total of 49 homes were sold or pending in 37129 in November 2024, down by 24.6% month-over-month. Of the 47 sold homes, 49% were sold under asking, 40% were sold at asking, and 11% were sold over asking.
Days on Market for 37129, TN
How long does it take to sell a home in 37129, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 29 Days | +6.5% |
Summary: Homes in 37129 had an average of 29 days on market in Nov 2024, up by 6.5% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37129 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 49 homes were sold in 37129; 59% of homes were sold within 30 days, 35% 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.