Is 37755, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 37755 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 37755 has remained a Buyer's Market.

Key Takeaway

37755 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 37755, TN

How much do homes in 37755, TN cost?

Median Sold Price

$260,000

$166/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$66,900(+34.6%)

Key Takeaway

Homes in 37755 have sold for 34.6% more than they did a month ago.

Summary: The median home sold price in 37755 was $260,000 in October 2024, up 34.6% from last month, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$260K
N/A
4 $193.1K-
N/A
5+ --
N/A

Summary: 37755 housing prices by bedroom type for October 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 37755, TN

How many homes are available in 37755, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
910+11.1%

Summary: The 37755 real estate market had 10 homes for sale in October 2024, a 11.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 34
+33.3%
4 54
-20.0%
5+ 11
0.0%

Summary: The 37755 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 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 37755, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 37755 in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 37755, TN

How long does it take to sell a home in 37755, TN?

Average Sale Time

Sep 2024Oct 2024CHANGE
37 Days24 Days-35.1%

Summary: Homes in 37755 had an average of 24 days on market in Oct 2024, down by 35.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 37755 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in 37755; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

Newest Listings in 37755, TN

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