$3,432 Closing Credit*
$289,000
1,204 SqFt
3 Beds
•2 Full Baths
#9974454, Lori Hallatt, Listing Office: Epique Realty
Is 37650, 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, 37650 has remained a Seller's Market.
Key Takeaway
37650 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37650, TN
How much do homes in 37650, TN cost?
Median Sold Price
$224,875
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,875(+2.2%)
Key Takeaway
Homes in 37650 have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in 37650 was $224,875 in November 2024, up 2.2% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $145K | N/A |
| 2 Bedrooms | $164.9K | $156.2K | -5.3% |
| 3 Bedrooms | $226.5K | $241.2K | +6.5% |
| 4 Bedrooms | $264.4K | $295K | +11.6% |
| 5+ Bedrooms | $442.5K | $472K | +6.7% |
Summary: 37650 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 5.3%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 6.7%.
Housing Supply in 37650, TN
How many homes are available in 37650, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 47 | 48 | +2.1% |
Summary: The 37650 real estate market had 48 homes for sale in November 2024, a 2.1% increase 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 | 9 | 5 | -44.4% |
| 3 Bedrooms | 22 | 28 | +27.3% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 37650 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 44.4%, 3 bedroom homes increased by 27.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37650, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 37650 in November 2024, the same as the previous month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for 37650, TN
How long does it take to sell a home in 37650, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 98 Days | 55 Days | -43.3% |
Summary: Homes in 37650 had an average of 55 days on market in Nov 2024, down by 43.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 37650 has remained consistent over time.
Summary: During November 2024, 10 homes were sold in 37650; 30% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 30% 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.