$4,274 Closing Credit*
$359,900
1,452 SqFt
3 Beds
•2 Full Baths, 1 Partial
#9974515, Marsha Stowell, Listing Office: A Team Real Estate Professionals
Is 37645, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 37645 has remained a Seller's Market.
Key Takeaway
37645 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37645, TN
How much do homes in 37645, TN cost?
Median Sold Price
$272,500
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,500(+13.5%)
Key Takeaway
Homes in 37645 have sold for 13.5% more than they did a year ago.
Summary: The median home sold price in 37645 was $272,500 in November 2024, up 13.5% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $117.5K | - | N/A |
| 2 Bedrooms | $166K | $157K | -5.4% |
| 3 Bedrooms | $242.5K | $270K | +11.3% |
| 4 Bedrooms | $258.4K | $375K | +45.1% |
| 5+ Bedrooms | $550.4K | $370K | -32.8% |
Summary: 37645 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.4%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 45.1%, and 5+ bedroom homes decreased by 32.8%.
Housing Supply in 37645, TN
How many homes are available in 37645, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 20 | -25.9% |
Summary: The 37645 real estate market had 20 homes for sale in November 2024, a 25.9% 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 | 4 | 3 | -25.0% |
| 3 Bedrooms | 19 | 14 | -26.3% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 37645 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 25%, 3 bedroom homes decreased by 26.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37645, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 37645 in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 37645, TN
How long does it take to sell a home in 37645, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 57 Days | 119 Days | +108.3% |
Summary: Homes in 37645 had an average of 119 days on market in Nov 2024, up by 108.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 37645 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 4 homes were sold in 37645; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% 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.