$4,275 Closing Credit*
$360,000
1,748 SqFt
3 Beds
•2 Full Baths, 1 Partial
#9972985, Felicia Conners, Listing Office: REMAX Rising Downtown
Is 37645, 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, 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
$279,900
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$37,400(+15.4%)
Key Takeaway
Homes in 37645 have sold for 15.4% more than they did a year ago.
Summary: The median home sold price in 37645 was $279,900 in October 2024, up 15.4% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $117.5K | - | N/A |
| 2 Bedrooms | $148K | $159K | +7.4% |
| 3 Bedrooms | $245K | $279.9K | +14.2% |
| 4 Bedrooms | $260K | $375K | +44.2% |
| 5+ Bedrooms | $550.4K | $370K | -32.8% |
Summary: 37645 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 44.2%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 26 | -16.1% |
Summary: The 37645 real estate market had 26 homes for sale in October 2024, a 16.1% 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 | 6 | 4 | -33.3% |
| 3 Bedrooms | 20 | 17 | -15.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 37645 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 33.3%, 3 bedroom homes decreased by 15%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37645, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in 37645 in October 2024, down by 12.5% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 51 Days | 52 Days | +2.1% |
Summary: Homes in 37645 had an average of 52 days on market in Oct 2024, up by 2.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 37645 has remained consistent over time.
Summary: During October 2024, 7 homes were sold in 37645; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
