$4,156 Closing Credit*
$350,000
1,600 SqFt
3 Beds
•2 Full Baths
Carter Roberson, Listing Office: Re/Max Renaissance
Is 37419, 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, 37419 was a Seller's Market.
Key Takeaway
37419 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 37419, TN
How much do homes in 37419, TN cost?
Median Sold Price
$481,666
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$53,766(+12.6%)
Key Takeaway
Homes in 37419 have sold for 12.6% more than they did a year ago.
Summary: The median home sold price in 37419 was $481,666 in November 2024, up 12.6% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $253.4K | $225K | -11.2% |
| 2 Bedrooms | $215K | $226.2K | +5.2% |
| 3 Bedrooms | $349.9K | $485K | +38.6% |
| 4 Bedrooms | $674K | $710K | +5.3% |
| 5+ Bedrooms | $1.0M | $1.2M | +24.5% |
Summary: 37419 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.2%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 38.6%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 24.5%.
Housing Supply in 37419, TN
How many homes are available in 37419, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 99 | 93 | -6.1% |
Summary: The 37419 real estate market had 93 homes for sale in November 2024, a 6.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 10 | 6 | -40.0% |
| 3 Bedrooms | 63 | 65 | +3.2% |
| 4 Bedrooms | 16 | 17 | +6.3% |
| 5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The 37419 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 11 | -52.2% |
Asking Price vs. Sold Price
6 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 37419, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 37419 in November 2024, down by 52.2% month-over-month. Of the 11 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% were sold over asking.
Days on Market for 37419, TN
How long does it take to sell a home in 37419, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 33 Days | +33.9% |
Summary: Homes in 37419 had an average of 33 days on market in Nov 2024, up by 33.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 37419 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in 37419; 27% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% 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.