$1,484 Closing Credit*
$125,000
1,056 SqFt
3 Beds
•2 Full Baths
#9973699, Betsy Smallwood, Listing Office: Town & Country Realty - Downtown
Is 37663, 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, 37663 has remained a Seller's Market.
Key Takeaway
37663 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37663, TN
How much do homes in 37663, TN cost?
Median Sold Price
$355,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$45,000(+14.5%)
Key Takeaway
Homes in 37663 have sold for 14.5% more than they did a year ago.
Summary: The median home sold price in 37663 was $355,000 in October 2024, up 14.5% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $215K | N/A |
| 2 Bedrooms | $192K | $200K | +4.2% |
| 3 Bedrooms | $294.7K | $325K | +10.3% |
| 4 Bedrooms | $359.6K | $443.5K | +23.3% |
| 5+ Bedrooms | $375K | $502.9K | +34.1% |
Summary: 37663 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 4.2%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 23.3%, and 5+ bedroom homes increased by 34.1%.
Housing Supply in 37663, TN
How many homes are available in 37663, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 68 | 79 | +16.2% |
Summary: The 37663 real estate market had 79 homes for sale in October 2024, a 16.2% increase 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 | 2 | 7 | +250.0% |
| 3 Bedrooms | 37 | 37 | 0.0% |
| 4 Bedrooms | 21 | 25 | +19.0% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The 37663 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 increased by 250%, 3 bedroom homes remained the same, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 18 | +5.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37663, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.
Summary: A total of 18 homes were sold or pending in 37663 in October 2024, up by 5.9% month-over-month. Of the 18 sold homes, 28% were sold under asking, 56% were sold at asking, and 17% were sold over asking.
Days on Market for 37663, TN
How long does it take to sell a home in 37663, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 64 Days | 54 Days | -16.3% |
Summary: Homes in 37663 had an average of 54 days on market in Oct 2024, down by 16.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 37663 has remained consistent over time.
Summary: During October 2024, 18 homes were sold in 37663; 33% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 22% 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. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.