$1,057 Closing Credit*
$89,000
2 Beds
•1 Full Bath
Listing Office: Unique Properties
Is 38063, 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, 38063 was a Seller's Market.
Key Takeaway
38063 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 38063, TN
How much do homes in 38063, TN cost?
Median Sold Price
$70,000
-
Based on all homes sold in November 2024.
Difference Since Last Month
-$139,450(-66.6%)
Key Takeaway
Homes in 38063 have sold for 66.6% less 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 | - | $52.2K | N/A |
| 3 Bedrooms | $209.4K | $70K | -66.6% |
| 4 Bedrooms | $180K | - | N/A |
| 5+ Bedrooms | $318K | - | N/A |
Summary: 38063 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 66.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 38037 | $22.5K | $156K | +593.3% |
| 38040 | $129K | $123K | -4.7% |
| 38063 | $209.4K | $70K | -66.6% |
| 38041 | $191.3K | $38.5K | -79.9% |
Housing Supply in 38063, TN
How many homes are available in 38063, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 46 | +15.0% |
Summary: The 38063 real estate market had 46 homes for sale in November 2024, a 15.0% 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 | 8 | 8 | 0.0% |
| 3 Bedrooms | 18 | 26 | +44.4% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 38063 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 increased by 44.4%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 3 | -62.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 38063, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 38063 in November 2024, down by 62.5% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 38063, TN
We’re sorry, we don't have information for this market at the moment
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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