$2,791 Closing Credit*
$235,000
1,305 SqFt
3 Beds
•2 Full Baths
Lora Pratt-Umbarger, Listing Office: Advantage Realty Partners
Is 37330, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 37330 was a Seller's Market.
Key Takeaway
37330 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 37330, TN
How much do homes in 37330, TN cost?
Median Sold Price
$314,750
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$56,400(+21.8%)
Key Takeaway
Homes in 37330 have sold for 21.8% more than they did a year ago.
Summary: The median home sold price in 37330 was $314,750 in November 2024, up 21.8% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $231K | +15.5% |
| 2 Bedrooms | $196K | $280K | +42.9% |
| 3 Bedrooms | $256.7K | $300K | +16.9% |
| 4 Bedrooms | $814.9K | $550K | -32.5% |
| 5+ Bedrooms | $550K | $389.7K | -29.1% |
Summary: 37330 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.5%, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 16.9%, 4 bedroom homes decreased by 32.5%, and 5+ bedroom homes decreased by 29.1%.
Housing Supply in 37330, TN
How many homes are available in 37330, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 56 | 55 | -1.8% |
Summary: The 37330 real estate market had 55 homes for sale in November 2024, a 1.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 36 | 36 | 0.0% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 37330 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37330, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in 37330 in November 2024, down by 25.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for 37330, TN
How long does it take to sell a home in 37330, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 19 Days | -7.3% |
Summary: Homes in 37330 had an average of 19 days on market in Nov 2024, down by 7.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 37330 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in 37330; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% 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.