$8,301 Closing Credit*
$699,000
1,886 SqFt
3 Beds
•3 Full Baths, 1 Partial
Listing Office: TN Smoky Mtn Realty
Is 37738, 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, 37738 was a Neutral Market.
Key Takeaway
37738 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 37738, TN
How much do homes in 37738, TN cost?
Median Sold Price
$632,500
$397/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,500(+5.4%)
Key Takeaway
Homes in 37738 have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in 37738 was $632,500 in November 2024, up 5.4% from last year, and the median price per square foot was $397.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $286K | $384.5K | +34.4% |
| 2 Bedrooms | $491K | $484.9K | -1.2% |
| 3 Bedrooms | $865K | $765K | -11.6% |
| 4 Bedrooms | $902.5K | $1.0M | +16.3% |
| 5+ Bedrooms | $1.4M | $1.2M | -14.3% |
Summary: 37738 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.4%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes decreased by 14.3%.
Housing Supply in 37738, TN
How many homes are available in 37738, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 184 | 212 | +15.2% |
Summary: The 37738 real estate market had 212 homes for sale in November 2024, a 15.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 16 | 17 | +6.3% |
| 2 Bedrooms | 63 | 70 | +11.1% |
| 3 Bedrooms | 51 | 63 | +23.5% |
| 4 Bedrooms | 26 | 33 | +26.9% |
| 5+ Bedrooms | 28 | 29 | +3.6% |
Summary: The 37738 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 26.9%, and 5+ bedroom homes increased by 3.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 37738, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 37738 in November 2024, up by 66.7% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.
Days on Market for 37738, TN
How long does it take to sell a home in 37738, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 63 Days | 64 Days | +1.5% |
Summary: Homes in 37738 had an average of 64 days on market in Nov 2024, up by 1.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 37738 has remained consistent over time.
Summary: During November 2024, 10 homes were sold in 37738; 30% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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Based on information from the Georgia MLS © 2024. 
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