$2,374 Closing Credit*
$199,900
1,040 SqFt
2 Beds
•1 Full Bath
Listing Office: ReMax Real Estate Ten
Is 37813, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 37813 has remained a Seller's Market.
Key Takeaway
37813 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37813, TN
How much do homes in 37813, TN cost?
Median Sold Price
$230,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,700(+2.1%)
Key Takeaway
Homes in 37813 have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in 37813 was $230,000 in October 2024, up 2.1% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $146.7K | $175K | +19.3% |
| 3 Bedrooms | $232.9K | $235K | +0.9% |
| 4 Bedrooms | $277.5K | $290K | +4.5% |
| 5+ Bedrooms | $267.4K | $475K | +77.6% |
Summary: 37813 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 19.3%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 77.6%.
Housing Supply in 37813, TN
How many homes are available in 37813, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 27 | +22.7% |
Summary: The 37813 real estate market had 27 homes for sale in October 2024, a 22.7% 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 | 5 | +66.7% |
| 3 Bedrooms | 16 | 19 | +18.8% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 37813 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 66.7%, 3 bedroom homes increased by 18.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 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 37813, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 37813 in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for 37813, TN
How long does it take to sell a home in 37813, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 118 Days | 39 Days | -66.8% |
Summary: Homes in 37813 had an average of 39 days on market in Oct 2024, down by 66.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37813 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in 37813; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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