$1,900 Closing Credit*
$160,000
792 SqFt
3 Beds
•1 Full Bath
Victoria Olubola, Listing Office: United Real Estate Middle Tennessee
Is 37345, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 37345 was a Neutral Market.
Key Takeaway
37345 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37345, TN
How much do homes in 37345, TN cost?
Median Sold Price
$199,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$63,000(+46.3%)
Key Takeaway
Homes in 37345 have sold for 46.3% more than they did a year ago.
Summary: The median home sold price in 37345 was $199,000 in October 2024, up 46.3% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $117.5K | $184.5K | +57.0% |
| 3 Bedrooms | $146K | $195K | +33.6% |
| 4 Bedrooms | - | $395K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 37345 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 increased by 57%, 3 bedroom homes increased by 33.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 37345, TN
How many homes are available in 37345, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 15 | +15.4% |
Summary: The 37345 real estate market had 15 homes for sale in October 2024, a 15.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 10 | +25.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 37345 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 25%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37345, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 37345 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 37345, TN
How long does it take to sell a home in 37345, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 43 Days | -4.4% |
Summary: Homes in 37345 had an average of 43 days on market in Oct 2024, down by 4.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37345 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 37345; 33% of homes were sold within 30 days, 33% 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.