$3,563 Closing Credit*
$300,000
3 Beds
•2 Full Baths
Listing Office: Crye-Leike, Inc., REALTORS
Is 38018, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 38018 has remained a Seller's Market.
Key Takeaway
38018 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 38018, TN
How much do homes in 38018, TN cost?
Median Sold Price
$345,000
-
Based on all homes sold in November 2024.
Difference Since Last Month
+$58,750(+20.5%)
Key Takeaway
Homes in 38018 have sold for 20.5% 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 | $185K | - | N/A |
| 3 Bedrooms | $251.9K | $285.1K | +13.2% |
| 4 Bedrooms | $325K | $418.5K | +28.8% |
| 5+ Bedrooms | $405K | $336.5K | -16.9% |
Summary: 38018 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 increased by 13.2%, 4 bedroom homes increased by 28.8%, and 5+ bedroom homes decreased by 16.9%.
Housing Supply in 38018, TN
How many homes are available in 38018, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 167 | 169 | +1.2% |
Summary: The 38018 real estate market had 169 homes for sale in November 2024, a 1.2% increase 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 | 4 | 3 | -25.0% |
| 3 Bedrooms | 58 | 56 | -3.4% |
| 4 Bedrooms | 75 | 81 | +8.0% |
| 5+ Bedrooms | 30 | 29 | -3.3% |
Summary: The 38018 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 decreased by 25%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 8%, and 5+ bedroom homes decreased by 3.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 32 | +6.7% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 38018, you may be able to get a good deal. 46.9% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in 38018 in November 2024, up by 6.7% month-over-month. Of the 32 sold homes, 47% were sold under asking, 34% were sold at asking, and 19% were sold over asking.
Days on Market for 38018, TN
We’re sorry, we don't have information for this market at the moment
