$4,097 Closing Credit*
$345,000
1,449 SqFt
3 Beds
•2 Full Baths
Emily Peckham, Listing Office: Keller Williams Realty Nashville/Franklin
Is 37180, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 37180 has remained a Seller's Market.
Key Takeaway
37180 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37180, TN
How much do homes in 37180, TN cost?
Median Sold Price
$358,000
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,900(-0.5%)
Key Takeaway
Homes in 37180 have sold for 0.5% less than they did a year ago.
Summary: The median home sold price in 37180 was $358,000 in October 2024, down 0.5% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $249.9K | $760.4K | +204.3% |
| 3 Bedrooms | $359.9K | $357.7K | -0.6% |
| 4 Bedrooms | $386K | $394.9K | +2.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: 37180 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 increased by 204.3%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes did not change.
Housing Supply in 37180, TN
How many homes are available in 37180, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Summary: The 37180 real estate market had 11 homes for sale in October 2024, a 8.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 37180 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 decreased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37180, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in 37180 in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for 37180, TN
How long does it take to sell a home in 37180, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 29 Days | +60.7% |
Summary: Homes in 37180 had an average of 29 days on market in Oct 2024, up by 60.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37180 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 37180; 67% of homes were sold within 30 days, 33% 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.