$5,343 Closing Credit*
$449,900
2,032 SqFt
3 Beds
•2 Full Baths, 1 Partial
#9974545, Kaylie Stricker, Listing Office: Summit Properties
Is 37664, 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, 37664 has remained a Seller's Market.
Key Takeaway
37664 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37664, TN
How much do homes in 37664, TN cost?
Median Sold Price
$279,985
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$9,647(-3.3%)
Key Takeaway
Homes in 37664 have sold for 3.3% less than they did a year ago.
Summary: The median home sold price in 37664 was $279,985 in November 2024, down 3.3% 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 | - | - | N/A |
| 2 Bedrooms | $152.5K | $175K | +14.8% |
| 3 Bedrooms | $278.9K | $262K | -6.1% |
| 4 Bedrooms | $368.7K | $367.5K | -0.3% |
| 5+ Bedrooms | $406.6K | $487.3K | +19.8% |
Summary: 37664 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 increased by 14.8%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 19.8%.
Housing Supply in 37664, TN
How many homes are available in 37664, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 134 | 147 | +9.7% |
Summary: The 37664 real estate market had 147 homes for sale in November 2024, a 9.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 16 | 15 | -6.3% |
| 3 Bedrooms | 68 | 74 | +8.8% |
| 4 Bedrooms | 32 | 38 | +18.8% |
| 5+ Bedrooms | 18 | 19 | +5.6% |
Summary: The 37664 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 33 | +10.0% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37664, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in 37664 in November 2024, up by 10.0% month-over-month. Of the 33 sold homes, 64% were sold under asking, 24% were sold at asking, and 12% were sold over asking.
Days on Market for 37664, TN
How long does it take to sell a home in 37664, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 59 Days | 91 Days | +52.8% |
Summary: Homes in 37664 had an average of 91 days on market in Nov 2024, up by 52.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 37664 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 33 homes were sold in 37664; 18% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.
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