$10,000 Closing Credit*
$899,000
2,877 SqFt
3 Beds
•2 Full Baths, 2 Partial
#9974040, Dawn May, Listing Office: KW Johnson City
Is 37691, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 37691 has remained a Seller's Market.
Key Takeaway
37691 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37691, TN
How much do homes in 37691, TN cost?
Median Sold Price
$470,000
$233/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$289,000(+159.7%)
Key Takeaway
Homes in 37691 have sold for 159.7% more than they did a month ago.
Summary: The median home sold price in 37691 was $470,000 in November 2024, up 159.7% from last month, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $324.9K | - | N/A |
| 2 Bedrooms | - | $390K | N/A |
| 3 Bedrooms | $173K | $550K | +217.9% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 37691 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 217.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 37691, TN
How many homes are available in 37691, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Summary: The 37691 real estate market had 6 homes for sale in November 2024, a 33.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 37691 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37691, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 37691 in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 37691, TN
How long does it take to sell a home in 37691, TN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 115 Days | 127 Days | +10.1% |
Summary: Homes in 37691 had an average of 127 days on market in Nov 2024, up by 10.1% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 37691 has remained consistent over time.
Summary: During November 2024, 2 homes were sold in 37691; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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