Is 37210, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 37210 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 37210 was a Seller's Market.

Key Takeaway

37210 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 37210, TN

How much do homes in 37210, TN cost?

Median Sold Price

$427,000

$306/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$23,000(-5.1%)

Key Takeaway

Homes in 37210 have sold for 5.1% less than they did a year ago.

Summary: The median home sold price in 37210 was $427,000 in November 2024, down 5.1% from last year, and the median price per square foot was $306.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $293K$292K
-0.3%
2 $373K$370K
-0.8%
3 $490K$432.5K
-11.7%
4 $610K$639K
+4.8%
5+ $597.5K$580K
-2.9%

Summary: 37210 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.3%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes decreased by 11.7%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 2.9%.

Median Sold Price Compared To Nearby Zip Codes

37203
+8.7%
37206
-2.9%
37210
-5.1%
37201
-15.3%

Housing Supply in 37210, TN

How many homes are available in 37210, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
125131+4.8%

Summary: The 37210 real estate market had 131 homes for sale in November 2024, a 4.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1314
+7.7%
2 3026
-13.3%
3 5769
+21.1%
4 2421
-12.5%
5+ 11
0.0%

Summary: The 37210 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 21.1%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12120.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 37210, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 37210 in November 2024, the same as the previous month. Of the 12 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 37210, TN

How long does it take to sell a home in 37210, TN?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days22 Days+7.1%

Summary: Homes in 37210 had an average of 22 days on market in Nov 2024, up by 7.1% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 37210 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 12 homes were sold in 37210; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 37210, TN

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