$6,824 Closing Credit*
$574,620
3,075 SqFt
5 Beds
•3 Full Baths, 1 Partial
Jane Nickell, Listing Office: Century Communities
Is 37146, 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, 37146 was a Seller's Market.
Key Takeaway
37146 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 37146, TN
How much do homes in 37146, TN cost?
Median Sold Price
$387,900
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,000(+3.5%)
Key Takeaway
Homes in 37146 have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in 37146 was $387,900 in October 2024, up 3.5% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $299.9K | $259.9K | -13.3% |
| 3 Bedrooms | $368K | $379.9K | +3.2% |
| 4 Bedrooms | $490K | $573K | +16.9% |
| 5+ Bedrooms | $577.5K | $680K | +17.7% |
Summary: 37146 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 17.7%.
Housing Supply in 37146, TN
How many homes are available in 37146, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 80 | 96 | +20.0% |
Summary: The 37146 real estate market had 96 homes for sale in October 2024, a 20.0% 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 | 10 | +11.1% |
| 3 Bedrooms | 56 | 61 | +8.9% |
| 4 Bedrooms | 11 | 15 | +36.4% |
| 5+ Bedrooms | 4 | 10 | +150.0% |
Summary: The 37146 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 11.1%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 37146, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in 37146 in October 2024, down by 28.6% month-over-month. Of the 10 sold homes, 40% were sold under asking, 50% were sold at asking, and 10% were sold over asking.
Days on Market for 37146, TN
How long does it take to sell a home in 37146, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 54 Days | 55 Days | +1.9% |
Summary: Homes in 37146 had an average of 55 days on market in Oct 2024, up by 1.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37146 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in 37146; 60% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 30% 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.