$6,531 Closing Credit*
$549,999
2,280 SqFt
3 Beds
•2 Full Baths
Kevin Sindorf, Listing Office: Benchmark Realty, LLC
Is 37186, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 37186 has remained a Seller's Market.
Key Takeaway
37186 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37186, TN
How much do homes in 37186, TN cost?
Median Sold Price
$310,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,800(+3.6%)
Key Takeaway
Homes in 37186 have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in 37186 was $310,000 in November 2024, up 3.6% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $180K | $211.7K | +17.6% |
| 3 Bedrooms | $302.4K | $314.9K | +4.2% |
| 4 Bedrooms | $333.5K | $283.7K | -14.9% |
| 5+ Bedrooms | $260.8K | $339.9K | +30.3% |
Summary: 37186 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 17.6%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 14.9%, and 5+ bedroom homes increased by 30.3%.
Housing Supply in 37186, TN
How many homes are available in 37186, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 33 | -10.8% |
Summary: The 37186 real estate market had 33 homes for sale in November 2024, a 10.8% 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 | 5 | 6 | +20.0% |
| 3 Bedrooms | 28 | 23 | -17.9% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 37186 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 20%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37186, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in 37186 in November 2024, down by 10.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 44% were sold at asking, and 22% were sold over asking.
Days on Market for 37186, TN
How long does it take to sell a home in 37186, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 42 Days | -1.6% |
Summary: Homes in 37186 had an average of 42 days on market in Nov 2024, down by 1.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 37186 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in 37186; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% 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.