$3,384 Closing Credit*
$285,000
1,290 SqFt
3 Beds
•2 Full Baths
Micheal Allen Holzhauer, Listing Office: Haus Realty & Management LLC
Is 37185, 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, 37185 was a Seller's Market.
Key Takeaway
37185 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 37185, TN
How much do homes in 37185, TN cost?
Median Sold Price
$247,100
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$29,100(+13.3%)
Key Takeaway
Homes in 37185 have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in 37185 was $247,100 in November 2024, up 13.3% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $163K | $159K | -2.5% |
| 2 Bedrooms | $165.2K | $210K | +27.1% |
| 3 Bedrooms | $218K | $239.2K | +9.7% |
| 4 Bedrooms | $239.7K | $319.9K | +33.4% |
| 5+ Bedrooms | $490K | $492.5K | 0.5% |
Summary: 37185 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.5%, 2 bedroom homes increased by 27.1%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 33.4%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Zip Codes
| 37185 | $218K | $247.1K | +13.3% |
| 37101 | $270K | $278.7K | +3.2% |
Housing Supply in 37185, TN
How many homes are available in 37185, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 61 | 60 | -1.6% |
Summary: The 37185 real estate market had 60 homes for sale in November 2024, a 1.6% 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 | 17 | 15 | -11.8% |
| 3 Bedrooms | 31 | 31 | 0.0% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 37185 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 decreased by 11.8%, 3 bedroom homes remained the same, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 37185, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 37185 in November 2024, up by 66.7% month-over-month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% were sold over asking.
Days on Market for 37185, TN
How long does it take to sell a home in 37185, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 60 Days | +96.0% |
Summary: Homes in 37185 had an average of 60 days on market in Nov 2024, up by 96% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37185 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in 37185; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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.