$2,849 Closing Credit*
$239,900
1,456 SqFt
3 Beds
•2 Full Baths
Listing Office: Family Tree Realty
Is 37821, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 37821 was a Seller's Market.
Key Takeaway
37821 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 37821, TN
How much do homes in 37821, TN cost?
Median Sold Price
$239,200
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$34,200(+16.7%)
Key Takeaway
Homes in 37821 have sold for 16.7% more than they did a year ago.
Summary: The median home sold price in 37821 was $239,200 in October 2024, up 16.7% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137.5K | $170K | +23.6% |
| 2 Bedrooms | $142.5K | $179.9K | +26.2% |
| 3 Bedrooms | $230K | $244.9K | +6.5% |
| 4 Bedrooms | $287.5K | $345K | +20.0% |
| 5+ Bedrooms | $195K | $583.5K | +199.2% |
Summary: 37821 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.6%, 2 bedroom homes increased by 26.2%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 199.2%.
Housing Supply in 37821, TN
How many homes are available in 37821, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 57 | 47 | -17.5% |
Summary: The 37821 real estate market had 47 homes for sale in October 2024, a 17.5% decrease 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 | 9 | 7 | -22.2% |
| 3 Bedrooms | 34 | 25 | -26.5% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 37821 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 decreased by 22.2%, 3 bedroom homes decreased by 26.5%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 7 | -56.3% |
Asking Price vs. Sold Price
4 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 37821, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 37821 in October 2024, down by 56.3% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for 37821, TN
How long does it take to sell a home in 37821, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 39 Days | 40 Days | +0.6% |
Summary: Homes in 37821 had an average of 40 days on market in Oct 2024, up by 0.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37821 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in 37821; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% 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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