$10,000 Closing Credit*
$1,099,000
1,735 SqFt
3 Beds
•2 Full Baths
Listing Office: Weichert REALTORS Advantage Pl
Is 37876, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 37876 was a Seller's Market.
Key Takeaway
37876 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 37876, TN
How much do homes in 37876, TN cost?
Median Sold Price
$450,000
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,200(-0.3%)
Key Takeaway
The sold price of homes in 37876 has remained the same since last year.
Summary: The median home sold price in 37876 was $450,000 in November 2024, down 0.3% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $425K | $385K | -9.4% |
| 2 Bedrooms | $480K | $450K | -6.3% |
| 3 Bedrooms | $407.8K | $419.9K | +3.0% |
| 4 Bedrooms | $750K | $690K | -8.0% |
| 5+ Bedrooms | $1.1M | $1.3M | +13.2% |
Summary: 37876 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.4%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes increased by 13.2%.
Housing Supply in 37876, TN
How many homes are available in 37876, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 417 | 436 | +4.6% |
Summary: The 37876 real estate market had 436 homes for sale in November 2024, a 4.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 58 | 54 | -6.9% |
| 2 Bedrooms | 108 | 114 | +5.6% |
| 3 Bedrooms | 156 | 165 | +5.8% |
| 4 Bedrooms | 49 | 58 | +18.4% |
| 5+ Bedrooms | 46 | 45 | -2.2% |
Summary: The 37876 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.9%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes decreased by 2.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 46 | 27 | -41.3% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37876, you may be able to get a good deal. 63% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in 37876 in November 2024, down by 41.3% month-over-month. Of the 27 sold homes, 63% were sold under asking, 26% were sold at asking, and 11% were sold over asking.
Days on Market for 37876, TN
How long does it take to sell a home in 37876, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 85 Days | 78 Days | -7.5% |
Summary: Homes in 37876 had an average of 78 days on market in Nov 2024, down by 7.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 37876 has remained consistent over time.
Summary: During November 2024, 27 homes were sold in 37876; 22% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 30% 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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