$3,680 Closing Credit*
$309,900
1,413 SqFt
3 Beds
•2 Full Baths
Steve Jernigan, Listing Office: Steve Jernigan Realty
Is 37355, 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, 37355 was a Seller's Market.
Key Takeaway
37355 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 37355, TN
How much do homes in 37355, TN cost?
Median Sold Price
$320,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,333(+5.0%)
Key Takeaway
Homes in 37355 have sold for 5% more than they did a year ago.
Summary: The median home sold price in 37355 was $320,000 in October 2024, up 5% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | - | N/A |
| 2 Bedrooms | $239.9K | $196K | -18.3% |
| 3 Bedrooms | $299.9K | $320K | +6.7% |
| 4 Bedrooms | $423.5K | $359.4K | -15.1% |
| 5+ Bedrooms | $355K | $407.5K | +14.8% |
Summary: 37355 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 decreased by 18.3%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 15.1%, and 5+ bedroom homes increased by 14.8%.
Housing Supply in 37355, TN
How many homes are available in 37355, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 166 | 193 | +16.3% |
Summary: The 37355 real estate market had 193 homes for sale in October 2024, a 16.3% 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 | 9 | 6 | -33.3% |
| 3 Bedrooms | 130 | 156 | +20.0% |
| 4 Bedrooms | 21 | 25 | +19.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 37355 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 decreased by 33.3%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 19%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 29 | -3.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37355, expect to pay close to the asking price. 46.4% of homes here sold near the asking price last month.
Summary: A total of 29 homes were sold or pending in 37355 in October 2024, down by 3.3% month-over-month. Of the 28 sold homes, 36% were sold under asking, 46% were sold at asking, and 18% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 32 Days | +31.2% |
Summary: Homes in 37355 had an average of 32 days on market in Oct 2024, up by 31.2% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37355 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 29 homes were sold in 37355; 62% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 10% 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.