$174,999
5.06 Acres
Land
Jennifer Phillips, Listing Office: SimpliHOM
Is 37190, 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, 37190 has remained a Seller's Market.
Key Takeaway
37190 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37190, TN
How much do homes in 37190, TN cost?
Median Sold Price
$298,750
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,250(-3.3%)
Key Takeaway
Homes in 37190 have sold for 3.3% less than they did a year ago.
Summary: The median home sold price in 37190 was $298,750 in November 2024, down 3.3% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | $165K | +17.9% |
| 2 Bedrooms | $193K | $247.4K | +28.2% |
| 3 Bedrooms | $320K | $307.5K | -3.9% |
| 4 Bedrooms | $406K | $360K | -11.3% |
| 5+ Bedrooms | $700K | $412.4K | -41.1% |
Summary: 37190 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.9%, 2 bedroom homes increased by 28.2%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes decreased by 41.1%.
Median Sold Price Compared To Nearby Zip Codes
| 37149 | $371.2K | $480K | +29.3% |
| 37190 | $309K | $298.7K | -3.3% |
Housing Supply in 37190, TN
How many homes are available in 37190, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 68 | 65 | -4.4% |
Summary: The 37190 real estate market had 65 homes for sale in November 2024, a 4.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 40 | 40 | 0.0% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 37190 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 12.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 13 | +44.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37190, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 37190 in November 2024, up by 44.4% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for 37190, TN
How long does it take to sell a home in 37190, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 41 Days | 17 Days | -57.6% |
Summary: Homes in 37190 had an average of 17 days on market in Nov 2024, down by 57.6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37190 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in 37190; 85% of homes were sold within 30 days, 15% 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.