$6,116 Closing Credit*
$515,000
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Epique Realty
Is 38004, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 38004 was a Neutral Market.
Key Takeaway
38004 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 38004, TN
How much do homes in 38004, TN cost?
Median Sold Price
$346,750
-
Based on all homes sold in November 2024.
Difference Since Last Month
+$2,750(+0.8%)
Key Takeaway
Homes in 38004 have sold for 0.8% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $327K | $277.2K | -15.2% |
| 4 Bedrooms | $571.6K | $440K | -23.0% |
| 5+ Bedrooms | - | $370K | N/A |
Summary: 38004 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 15.2%, 4 bedroom homes decreased by 23%, and 5+ bedroom homes did not change.
Housing Supply in 38004, TN
How many homes are available in 38004, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 | 55 | -5.2% |
Summary: The 38004 real estate market had 55 homes for sale in November 2024, a 5.2% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 21 | 19 | -9.5% |
| 4 Bedrooms | 28 | 26 | -7.1% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The 38004 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 remained the same, 3 bedroom homes decreased by 9.5%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 14 | +55.6% |
Asking Price vs. Sold Price
10 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 38004, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 38004 in November 2024, up by 55.6% month-over-month. Of the 14 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for 38004, TN
We’re sorry, we don't have information for this market at the moment
