$4,619 Closing Credit*
$389,000
2,780 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Keller Williams Signature
Is 37814, 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, 37814 has remained a Seller's Market.
Key Takeaway
37814 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37814, TN
How much do homes in 37814, TN cost?
Median Sold Price
$305,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,917(+6.6%)
Key Takeaway
Homes in 37814 have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in 37814 was $305,000 in October 2024, up 6.6% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $220K | N/A |
| 2 Bedrooms | $134.9K | $200K | +48.3% |
| 3 Bedrooms | $269.9K | $290.5K | +7.6% |
| 4 Bedrooms | $316.1K | $499.9K | +58.2% |
| 5+ Bedrooms | $332.5K | $461.5K | +38.8% |
Summary: 37814 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 48.3%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 58.2%, and 5+ bedroom homes increased by 38.8%.
Housing Supply in 37814, TN
How many homes are available in 37814, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 62 | 60 | -3.2% |
Summary: The 37814 real estate market had 60 homes for sale in October 2024, a 3.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 7 | +133.3% |
| 3 Bedrooms | 38 | 33 | -13.2% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 8 | 4 | -50.0% |
Summary: The 37814 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 133.3%, 3 bedroom homes decreased by 13.2%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 12 | -25.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37814, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 37814 in October 2024, down by 25.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 8% were sold at asking, and 33% were sold over asking.
Days on Market for 37814, TN
How long does it take to sell a home in 37814, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 83 Days | +138.0% |
Summary: Homes in 37814 had an average of 83 days on market in Oct 2024, up by 138% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37814 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in 37814; 50% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 42% 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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