$250,000
3.67 Acres
Land
#9973406, Bill Hawk, Listing Office: REMAX Checkmate, Inc. Realtors
Is 37681, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$268,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$7,000(-2.5%)
Key Takeaway
Homes in 37681 have sold for 2.5% less than they did a year ago.
Summary: The median home sold price in 37681 was $268,000 in October 2024, down 2.5% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $445K | - | N/A |
| 2 Bedrooms | $180K | $262.4K | +45.8% |
| 3 Bedrooms | $299.9K | $260K | -13.3% |
| 4 Bedrooms | $292.5K | $316K | +8.0% |
| 5+ Bedrooms | - | $440K | N/A |
Summary: 37681 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 45.8%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 8%, and 5+ bedroom homes did not change.
Housing Supply in 37681, TN
How many homes are available in 37681, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 29 | +11.5% |
Summary: The 37681 real estate market had 29 homes for sale in October 2024, a 11.5% 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 | 3 | 8 | +166.7% |
| 3 Bedrooms | 16 | 15 | -6.3% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 37681 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 166.7%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 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. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 37681 in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 46 Days | +2.0% |
Summary: Homes in 37681 had an average of 46 days on market in Oct 2024, up by 2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 37681 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in 37681; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
