Is 37339, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 37339 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 37339 has remained a Buyer's Market.

Key Takeaway

37339 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 37339, TN

How much do homes in 37339, TN cost?

Median Sold Price

$279,900

$174/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$52,000(+22.8%)

Key Takeaway

Homes in 37339 have sold for 22.8% more than they did a month ago.

Summary: The median home sold price in 37339 was $279,900 in November 2024, up 22.8% from last month, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $227.9K-
N/A
3 -$279.9K
N/A
4 --
N/A
5+ --
N/A

Summary: 37339 housing prices by bedroom type for November 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 37339, TN

How many homes are available in 37339, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1012+20.0%

Summary: The 37339 real estate market had 12 homes for sale in November 2024, a 20.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 810
+25.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The 37339 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 50%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 37339, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 37339 in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 37339, TN

How long does it take to sell a home in 37339, TN?

Average Sale Time

Oct 2024Nov 2024CHANGE
11 Days43 Days+290.9%

Summary: Homes in 37339 had an average of 43 days on market in Nov 2024, up by 290.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 37339 has remained consistent over time.

Summary: During November 2024, 1 homes were sold in 37339; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 37339, TN

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