$4,749 Closing Credit*
$399,900
2,184 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Realty Executives Associates
Is 37923, 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, 37923 has remained a Seller's Market.
Key Takeaway
37923 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37923, TN
How much do homes in 37923, TN cost?
Median Sold Price
$389,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,000(+4.6%)
Key Takeaway
Homes in 37923 have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in 37923 was $389,000 in October 2024, up 4.6% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $187.5K | $184.2K | -1.7% |
| 2 Bedrooms | $255K | $267.4K | +4.9% |
| 3 Bedrooms | $365K | $383.9K | +5.2% |
| 4 Bedrooms | $450K | $487.9K | +8.4% |
| 5+ Bedrooms | $520.8K | $540K | +3.7% |
Summary: 37923 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.7%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 3.7%.
Housing Supply in 37923, TN
How many homes are available in 37923, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 111 | 94 | -15.3% |
Summary: The 37923 real estate market had 94 homes for sale in October 2024, a 15.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 19 | 22 | +15.8% |
| 3 Bedrooms | 47 | 39 | -17.0% |
| 4 Bedrooms | 33 | 25 | -24.2% |
| 5+ Bedrooms | 10 | 7 | -30.0% |
Summary: The 37923 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 15.8%, 3 bedroom homes decreased by 17%, 4 bedroom homes decreased by 24.2%, and 5+ bedroom homes decreased by 30%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 26 | -27.8% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37923, you may be able to get a good deal. 80.8% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 37923 in October 2024, down by 27.8% month-over-month. Of the 26 sold homes, 81% were sold under asking, 12% were sold at asking, and 8% were sold over asking.
Days on Market for 37923, TN
How long does it take to sell a home in 37923, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 40 Days | +218.8% |
Summary: Homes in 37923 had an average of 40 days on market in Oct 2024, up by 218.8% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37923 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 26 homes were sold in 37923; 62% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.