$220,000
10.10 Acres
Land
Candice Haddon, Listing Office: Epique Realty
Is 37306, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, 37306 has remained a Buyer's Market.
Key Takeaway
37306 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 37306, TN
How much do homes in 37306, TN cost?
Median Sold Price
$317,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$74,500(+30.7%)
Key Takeaway
Homes in 37306 have sold for 30.7% more than they did a year ago.
Summary: The median home sold price in 37306 was $317,000 in August 2024, up 30.7% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $25.5K | - | N/A |
| 2 Bedrooms | $450K | $317K | -29.6% |
| 3 Bedrooms | $230K | $299.9K | +30.4% |
| 4 Bedrooms | $352.5K | $835K | +136.9% |
| 5+ Bedrooms | $235K | - | N/A |
Summary: 37306 housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 29.6%, 3 bedroom homes increased by 30.4%, 4 bedroom homes increased by 136.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 37345 | $130K | $195K | +50.0% |
| 37306 | $242.5K | $317K | +30.7% |
| 37398 | $357.6K | $366.1K | +2.4% |
| 37335 | $249.9K | $250K | 0.0% |
Housing Supply in 37306, TN
How many homes are available in 37306, TN?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Summary: The 37306 real estate market had 14 homes for sale in August 2024, the same as July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 37306 housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37306, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 37306 in August 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 37306, TN
How long does it take to sell a home in 37306, TN?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 20 Days | 14 Days | -30.0% |
Summary: Homes in 37306 had an average of 14 days on market in Aug 2024, down by 30% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37306 are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 1 homes were sold in 37306; 100% of homes were sold within 30 days, 0% 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.