$10,000 Closing Credit*
$1,649,900
1,700 SqFt
3 Beds
•2 Full Baths
#9974445, Stan Evans, Listing Office: Evans & Evans Real Estate
Is 37681, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 37681 was a Seller's Market.
Key Takeaway
37681 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 37681, TN
How much do homes in 37681, TN cost?
Median Sold Price
$299,500
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$31,500(+11.8%)
Key Takeaway
Homes in 37681 have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in 37681 was $299,500 in November 2024, up 11.8% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $445K | - | N/A |
| 2 Bedrooms | $195K | $259.9K | +33.3% |
| 3 Bedrooms | $265K | $300K | +13.2% |
| 4 Bedrooms | $292.5K | $316K | +8.0% |
| 5+ Bedrooms | $175K | $705K | +302.9% |
Summary: 37681 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 33.3%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 302.9%.
Housing Supply in 37681, TN
How many homes are available in 37681, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 26 | -10.3% |
Summary: The 37681 real estate market had 26 homes for sale in November 2024, a 10.3% decrease 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 | 8 | 6 | -25.0% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 37681 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 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37681, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 37681 in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 37681, TN
How long does it take to sell a home in 37681, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 74 Days | 90 Days | +22.1% |
Summary: Homes in 37681 had an average of 90 days on market in Nov 2024, up by 22.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 37681 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 3 homes were sold in 37681; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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