Is 37352, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 37352 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 37352 was a Neutral Market.

Key Takeaway

37352 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 37352, TN

How much do homes in 37352, TN cost?

Median Sold Price

$280,000

$225/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$45,000(-13.8%)

Key Takeaway

Homes in 37352 have sold for 13.8% less than they did a month ago.

Summary: The median home sold price in 37352 was $280,000 in November 2024, down 13.8% from last month, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $325K$280K
-13.8%
4 --
N/A
5+ --
N/A

Summary: 37352 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 decreased by 13.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 37352, TN

How many homes are available in 37352, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2622-15.4%

Summary: The 37352 real estate market had 22 homes for sale in November 2024, a 15.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 22
0.0%
3 1713
-23.5%
4 55
0.0%
5+ 00
0.0%

Summary: The 37352 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 remained the same, 3 bedroom homes decreased by 23.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 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 37352, 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 37352 in November 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 37352, TN

How long does it take to sell a home in 37352, TN?

Average Sale Time

Oct 2024Nov 2024CHANGE
59 Days133 Days+125.4%

Summary: Homes in 37352 had an average of 133 days on market in Nov 2024, up by 125.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 37352 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in 37352; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 22 Days Ago

Newest Listings in 37352, TN

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