Is 37810, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 37810 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 37810 was a Buyer's Market.

Key Takeaway

37810 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 37810, TN

How much do homes in 37810, TN cost?

Median Sold Price

$272,450

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$65,450(+31.6%)

Key Takeaway

Homes in 37810 have sold for 31.6% more than they did a year ago.

Summary: The median home sold price in 37810 was $272,450 in October 2024, up 31.6% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $501K-
N/A
2 $207K$200K
-3.4%
3 $189.9K$285K
+50.1%
4 $220K$277.7K
+26.2%
5+ $360K-
N/A

Summary: 37810 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 decreased by 3.4%, 3 bedroom homes increased by 50.1%, 4 bedroom homes increased by 26.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

37810
+31.6%
37818
+22.6%

Housing Supply in 37810, TN

How many homes are available in 37810, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
770.0%

Summary: The 37810 real estate market had 7 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 44
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The 37810 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

2 Homes Were 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 37810, 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 37810 in October 2024, up by 100.0% 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 37810, TN

How long does it take to sell a home in 37810, TN?

Average Sale Time

Oct 2023Oct 2024CHANGE
54 Days28 Days-48.1%

Summary: Homes in 37810 had an average of 28 days on market in Oct 2024, down by 48.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 37810 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 37810; 50% of homes were sold within 30 days, 50% 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 14 Days Ago

Newest Listings in 37810, TN

Nearby Markets to 37810, TN