$110,000
53.13 Acres
Land
Listing Office: Farm & Home Realty
Housing Prices in 38061, TN
How much do homes in 38061, TN cost?
Median List Price
$249,900
$135/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
-$43,800(-14.9%)
Key Takeaway
The list price of homes in 38061 has decreased by 14.9% since last year.
Summary: The median home list price in 38061 was $249,900 in October 2024, down 14.9% from the previous year, and the median price per square foot was $135.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $206.2K | $125K | -39.4% |
| 3 Bedrooms | $324.9K | $287.4K | -11.5% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 38061 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 39.4%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Zip Codes
| 38375 | $169.9K | $239K | +40.7% |
| 38367 | $229K | $231.5K | +1.1% |
| 38061 | $293.7K | $249.9K | -14.9% |
Housing Supply in 38061, TN
How many homes are available in 38061, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Summary: The 38061 real estate market had 3 homes for sale in October 2024, a 50.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 38061 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for 38061, TN
How long does it take to sell a home in 38061, TN?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 164 Days | 56 Days | -65.9% |
Summary: Homes in 38061 had an average listing age of 56 days in Oct 2024, down by 65.9% compared to the previous year.
