$482,900
52.50 Acres
Land
Kelly Anderson, Listing Office: RE/MAX 1st Realty
Is 37305, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 37305 has remained a Seller's Market.
Key Takeaway
37305 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37305, TN
How much do homes in 37305, TN cost?
Median Sold Price
$164,900
$135/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$534,100(-76.4%)
Key Takeaway
Homes in 37305 have sold for 76.4% less than they did a month ago.
Summary: The median home sold price in 37305 was $164,900 in October 2024, down 76.4% from last month, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $89.9K | N/A |
| 3 Bedrooms | $699K | $280K | -59.9% |
| 4 Bedrooms | - | $239.9K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 37305 housing prices by bedroom type for October 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 decreased by 59.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 37305, TN
How many homes are available in 37305, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Summary: The 37305 real estate market had 6 homes for sale in October 2024, a 50.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 3 | +100.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 37305 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37305, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in 37305 in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for 37305, TN
How long does it take to sell a home in 37305, TN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 48 Days | +100.0% |
Summary: Homes in 37305 had an average of 48 days on market in Oct 2024, up by 100% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 37305 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in 37305; 25% of homes were sold within 30 days, 0% 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.
© 2024 of the REALTRACS MLS. All rights Reserved.