$4,156 Closing Credit*
$350,000
1,674 SqFt
3 Beds
•2 Full Baths
Kathryn Barger-Howell, Listing Office: Greater Downtown Realty dba Keller Williams Realty
Is 37411, 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, 37411 was a Seller's Market.
Key Takeaway
37411 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 37411, TN
How much do homes in 37411, TN cost?
Median Sold Price
$253,750
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,750(+5.7%)
Key Takeaway
Homes in 37411 have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in 37411 was $253,750 in November 2024, up 5.7% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $96K | $76K | -20.8% |
| 2 Bedrooms | $190K | $199.5K | +5.0% |
| 3 Bedrooms | $241.3K | $264K | +9.4% |
| 4 Bedrooms | $322.5K | $340K | +5.4% |
| 5+ Bedrooms | $319.4K | $439K | +37.4% |
Summary: 37411 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.8%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 37.4%.
Housing Supply in 37411, TN
How many homes are available in 37411, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 111 | 104 | -6.3% |
Summary: The 37411 real estate market had 104 homes for sale in November 2024, a 6.3% 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 | 26 | 18 | -30.8% |
| 3 Bedrooms | 61 | 60 | -1.6% |
| 4 Bedrooms | 18 | 22 | +22.2% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The 37411 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 30.8%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 15 | -44.4% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 37411, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 37411 in November 2024, down by 44.4% month-over-month. Of the 15 sold homes, 67% were sold under asking, 27% were sold at asking, and 7% were sold over asking.
Days on Market for 37411, TN
How long does it take to sell a home in 37411, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 18 Days | -40.8% |
Summary: Homes in 37411 had an average of 18 days on market in Nov 2024, down by 40.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37411 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in 37411; 27% of homes were sold within 30 days, 13% 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. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.