$4,452 Closing Credit*
$374,900
1,458 SqFt
3 Beds
•2 Full Baths
Jessica London, Listing Office: Southern Middle Realty
Is 37342, 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, 37342 has remained a Buyer's Market.
Key Takeaway
37342 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 37342, TN
How much do homes in 37342, TN cost?
Median Sold Price
$282,000
$181/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$215,611(-43.3%)
Key Takeaway
Homes in 37342 have sold for 43.3% less than they did a month ago.
Summary: The median home sold price in 37342 was $282,000 in October 2024, down 43.3% from last month, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $497.6K | $235.9K | -52.6% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $688K | N/A |
Summary: 37342 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 52.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 37342, TN
How many homes are available in 37342, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 24 | 0.0% |
Summary: The 37342 real estate market had 24 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 18 | 18 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 37342 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 37342, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 37342 in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 37342, TN
How long does it take to sell a home in 37342, TN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 41 Days | +3.3% |
Summary: Homes in 37342 had an average of 41 days on market in Oct 2024, up by 3.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 37342 has remained consistent over time.
Summary: During October 2024, 3 homes were sold in 37342; 33% of homes were sold within 30 days, 67% 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.