$6,233 Closing Credit*
$524,900
2,448 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Keller Williams Signature
Is 37909, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 37909 has remained a Seller's Market.
Key Takeaway
37909 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37909, TN
How much do homes in 37909, TN cost?
Median Sold Price
$381,500
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,500(+1.7%)
Key Takeaway
Homes in 37909 have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in 37909 was $381,500 in November 2024, up 1.7% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $277.5K | $288.4K | +3.9% |
| 3 Bedrooms | $370K | $378.9K | +2.4% |
| 4 Bedrooms | $415K | $462.5K | +11.4% |
| 5+ Bedrooms | $665K | $676.5K | +1.7% |
Summary: 37909 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 1.7%.
Housing Supply in 37909, TN
How many homes are available in 37909, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 56 | 50 | -10.7% |
Summary: The 37909 real estate market had 50 homes for sale in November 2024, a 10.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 10 | +66.7% |
| 3 Bedrooms | 30 | 22 | -26.7% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 37909 housing inventory by bedroom type for November 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 decreased by 26.7%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 13 | -27.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37909, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 37909 in November 2024, down by 27.8% month-over-month. Of the 13 sold homes, 69% were sold under asking, 15% were sold at asking, and 15% were sold over asking.
Days on Market for 37909, TN
How long does it take to sell a home in 37909, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 20 Days | -49.1% |
Summary: Homes in 37909 had an average of 20 days on market in Nov 2024, down by 49.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37909 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in 37909; 62% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.