Is 37310, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 37310 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 37310 was a Neutral Market.

Key Takeaway

37310 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 37310, TN

How much do homes in 37310, TN cost?

Median Sold Price

$325,500

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,500(+1.7%)

Key Takeaway

Homes in 37310 have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in 37310 was $325,500 in October 2024, up 1.7% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$93.7K
N/A
2 $360K$205K
-43.1%
3 $272K$287.9K
+5.8%
4 $540K$552.5K
+2.3%
5+ $572K$1.5M
+162.2%

Summary: 37310 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 43.1%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 162.2%.

Median Sold Price Compared To Nearby Zip Codes

37323
+16.8%
37312
+4.5%
37310
+1.7%
37336
+1.3%

Housing Supply in 37310, TN

How many homes are available in 37310, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1617+6.3%

Summary: The 37310 real estate market had 17 homes for sale in October 2024, a 6.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 79
+28.6%
4 35
+66.7%
5+ 52
-60.0%

Summary: The 37310 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 remained the same, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 60%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 37310, 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 37310 in October 2024, down by 75.0% 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 37310, TN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 14 Days Ago

Newest Listings in 37310, TN

Nearby Markets to 37310, TN