$155,000
3.53 Acres
Land
#9973437, William Brown, Listing Office: Greeneville Real Estate & Auction Team
Is 37659, 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, 37659 has remained a Seller's Market.
Key Takeaway
37659 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37659, TN
How much do homes in 37659, TN cost?
Median Sold Price
$388,333
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$28,209(+7.8%)
Key Takeaway
Homes in 37659 have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in 37659 was $388,333 in October 2024, up 7.8% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $151.5K | +12.2% |
| 2 Bedrooms | $205K | $217.2K | +6.0% |
| 3 Bedrooms | $354.7K | $388K | +9.4% |
| 4 Bedrooms | $440K | $445K | +1.1% |
| 5+ Bedrooms | $520K | $672.5K | +29.3% |
Summary: 37659 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.2%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 29.3%.
Housing Supply in 37659, TN
How many homes are available in 37659, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 168 | 166 | -1.2% |
Summary: The 37659 real estate market had 166 homes for sale in October 2024, a 1.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 16 | 19 | +18.8% |
| 3 Bedrooms | 93 | 95 | +2.2% |
| 4 Bedrooms | 47 | 40 | -14.9% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The 37659 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 14.9%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 40 | +14.3% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37659, you may be able to get a good deal. 57.5% of homes here sold below asking price last month.
Summary: A total of 40 homes were sold or pending in 37659 in October 2024, up by 14.3% month-over-month. Of the 40 sold homes, 57% were sold under asking, 28% were sold at asking, and 15% were sold over asking.
Days on Market for 37659, TN
How long does it take to sell a home in 37659, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 65 Days | 63 Days | -3.0% |
Summary: Homes in 37659 had an average of 63 days on market in Oct 2024, down by 3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 37659 has remained consistent over time.
Summary: During October 2024, 40 homes were sold in 37659; 23% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
