$5,213 Closing Credit*
$439,000
1,428 SqFt
3 Beds
•2 Full Baths
James "Jimmy" Pourteau, Listing Office: Mark Spain Real Estate
Is 37183, 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, 37183 was a Buyer's Market.
Key Takeaway
37183 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37183, TN
How much do homes in 37183, TN cost?
Median Sold Price
$324,900
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$69,300(-17.6%)
Key Takeaway
Homes in 37183 have sold for 17.6% less than they did a year ago.
Summary: The median home sold price in 37183 was $324,900 in November 2024, down 17.6% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $202K | N/A |
| 2 Bedrooms | $196.7K | $199.9K | +1.6% |
| 3 Bedrooms | $326K | $324.9K | -0.3% |
| 4 Bedrooms | $685K | $675K | -1.5% |
| 5+ Bedrooms | $651.8K | - | N/A |
Summary: 37183 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 1.6%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes did not change.
Housing Supply in 37183, TN
How many homes are available in 37183, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 31 | +14.8% |
Summary: The 37183 real estate market had 31 homes for sale in November 2024, a 14.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 18 | 20 | +11.1% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 37183 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 33.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 6 | +500.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 37183, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in 37183 in November 2024, up by 500.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 67% were sold at asking, and 17% were sold over asking.
Days on Market for 37183, TN
How long does it take to sell a home in 37183, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 51 Days | 14 Days | -71.6% |
Summary: Homes in 37183 had an average of 14 days on market in Nov 2024, down by 71.6% compared to last year.
Breakdown of Home Sale Times
5 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 37183 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in 37183; 83% of homes were sold within 30 days, 17% 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.