$3,563 Closing Credit*
$300,000
1,346 SqFt
2 Beds
•1 Full Bath
Lynn Stubblefield, Listing Office: University Realty
Is 37375, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 37375 was a Seller's Market.
Key Takeaway
37375 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 37375, TN
How much do homes in 37375, TN cost?
Median Sold Price
$630,000
$167/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$180,000(-22.2%)
Key Takeaway
Homes in 37375 have sold for 22.2% less than they did a month ago.
Summary: The median home sold price in 37375 was $630,000 in October 2024, down 22.2% from last month, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $350K | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $895K | $630K | -29.6% |
| 5+ Bedrooms | $705K | - | N/A |
Summary: 37375 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 did not change, 4 bedroom homes decreased by 29.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 37318 | $184K | $182K | -1.1% |
| 37375 | $810K | $630K | -22.2% |
| 37356 | $529.9K | $272.2K | -48.6% |
Housing Supply in 37375, TN
How many homes are available in 37375, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 15 | -21.1% |
Summary: The 37375 real estate market had 15 homes for sale in October 2024, a 21.1% decrease 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 37375 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 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37375, 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 37375 in October 2024, down by 80.0% 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 37375, TN
How long does it take to sell a home in 37375, TN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 24 Days | -5.9% |
Summary: Homes in 37375 had an average of 24 days on market in Oct 2024, down by 5.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37375 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in 37375; 100% of homes were sold within 30 days, 0% 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.