$4,988 Closing Credit*
$420,000
1,940 SqFt
4 Beds
•2 Full Baths, 1 Partial
Jacquelyn Scott, Listing Office: Mark Spain Real Estate
Is 37189, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 37189 was a Neutral Market.
Key Takeaway
37189 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37189, TN
How much do homes in 37189, TN cost?
Median Sold Price
$470,000
$258/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$5,000(-1.1%)
Key Takeaway
Homes in 37189 have sold for 1.1% less than they did a month ago.
Summary: The median home sold price in 37189 was $470,000 in November 2024, down 1.1% from last month, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $300K | N/A |
| 3 Bedrooms | $475K | $502.5K | +5.8% |
| 4 Bedrooms | $350K | $480K | +37.1% |
| 5+ Bedrooms | $1.0M | - | N/A |
Summary: 37189 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 37.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 37189 | $475K | $470K | -1.1% |
| 37080 | $492.4K | $400K | -18.8% |
Housing Supply in 37189, TN
How many homes are available in 37189, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 23 | +15.0% |
Summary: The 37189 real estate market had 23 homes for sale in November 2024, a 15.0% increase 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 | 3 | 5 | +66.7% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 37189 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 66.7%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 37189, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 37189 in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 37189, TN
How long does it take to sell a home in 37189, TN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 35 Days | +42.9% |
Summary: Homes in 37189 had an average of 35 days on market in Nov 2024, up by 42.9% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 37189 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in 37189; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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