$210,000
7.00 Acres
Land
Mike Cimorelli, Listing Office: simpliHOM
Is 37137, 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, 37137 was a Seller's Market.
Key Takeaway
37137 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 37137, TN
How much do homes in 37137, TN cost?
Median Sold Price
$309,900
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$64,900(+26.5%)
Key Takeaway
Homes in 37137 have sold for 26.5% more than they did a year ago.
Summary: The median home sold price in 37137 was $309,900 in October 2024, up 26.5% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $45K | $30K | -33.3% |
| 2 Bedrooms | $65K | $262.9K | +304.5% |
| 3 Bedrooms | $289.5K | $309.9K | +7.0% |
| 4 Bedrooms | - | $1.1M | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 37137 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 304.5%, 3 bedroom homes increased by 7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 37137, TN
How many homes are available in 37137, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Summary: The 37137 real estate market had 19 homes for sale in October 2024, a 11.8% 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 37137 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37137, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 37137 in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 37137, TN
How long does it take to sell a home in 37137, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 111 Days | +120.5% |
Summary: Homes in 37137 had an average of 111 days on market in Oct 2024, up by 120.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in 37137 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in 37137; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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.