$7,125 Closing Credit*
$600,000
3,051 SqFt
3 Beds
•3 Full Baths
Fhonda Hatmaker, Listing Office: eXp Realty
Is 37355, 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, 37355 was a Seller's Market.
Key Takeaway
37355 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 37355, TN
How much do homes in 37355, TN cost?
Median Sold Price
$321,900
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$16,900(+5.5%)
Key Takeaway
Homes in 37355 have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in 37355 was $321,900 in November 2024, up 5.5% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | - | N/A |
| 2 Bedrooms | $239.9K | $200.5K | -16.4% |
| 3 Bedrooms | $299.9K | $320.6K | +6.9% |
| 4 Bedrooms | $423.5K | $364K | -14.0% |
| 5+ Bedrooms | $350K | $425K | +21.4% |
Summary: 37355 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.4%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 14%, and 5+ bedroom homes increased by 21.4%.
Median Sold Price Compared To Nearby Zip Codes
| 37360 | $380K | $430K | +13.2% |
| 37355 | $305K | $321.9K | +5.5% |
Housing Supply in 37355, TN
How many homes are available in 37355, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 185 | 179 | -3.2% |
Summary: The 37355 real estate market had 179 homes for sale in November 2024, a 3.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 151 | 148 | -2.0% |
| 4 Bedrooms | 23 | 21 | -8.7% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 37355 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 28.6%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 16 | -51.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 37355, expect to pay close to the asking price. 53.3% of homes here sold near the asking price last month.
Summary: A total of 16 homes were sold or pending in 37355 in November 2024, down by 51.5% month-over-month. Of the 15 sold homes, 40% were sold under asking, 53% were sold at asking, and 7% were sold over asking.
Days on Market for 37355, TN
How long does it take to sell a home in 37355, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 63 Days | +74.5% |
Summary: Homes in 37355 had an average of 63 days on market in Nov 2024, up by 74.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 37355 has remained consistent over time.
Summary: During November 2024, 16 homes were sold in 37355; 38% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 19% 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.