$3,086 Closing Credit*
$259,900
1,152 SqFt
3 Beds
•2 Full Baths
Listing Office: Keller Williams Realty
Is 37412, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 37412 has remained a Seller's Market.
Key Takeaway
37412 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37412, TN
How much do homes in 37412, TN cost?
Median Sold Price
$269,083
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,083(+1.5%)
Key Takeaway
Homes in 37412 have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in 37412 was $269,083 in October 2024, up 1.5% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95.1K | $50K | -47.4% |
| 2 Bedrooms | $215K | $225K | +4.7% |
| 3 Bedrooms | $266.6K | $268K | 0.5% |
| 4 Bedrooms | $350.7K | $330K | -5.9% |
| 5+ Bedrooms | $385K | $511.2K | +32.8% |
Summary: 37412 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 47.4%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 32.8%.
Housing Supply in 37412, TN
How many homes are available in 37412, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 137 | 154 | +12.4% |
Summary: The 37412 real estate market had 154 homes for sale in October 2024, a 12.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 25 | 30 | +20.0% |
| 3 Bedrooms | 75 | 80 | +6.7% |
| 4 Bedrooms | 35 | 40 | +14.3% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The 37412 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 increased by 20%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 30 | -3.2% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37412, you may be able to get a good deal. 37.9% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in 37412 in October 2024, down by 3.2% month-over-month. Of the 29 sold homes, 38% were sold under asking, 38% were sold at asking, and 24% were sold over asking.
Days on Market for 37412, TN
How long does it take to sell a home in 37412, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 19 Days | -22.9% |
Summary: Homes in 37412 had an average of 19 days on market in Oct 2024, down by 22.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37412 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 30 homes were sold in 37412; 33% of homes were sold within 30 days, 10% 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.
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