$2,611 Closing Credit*
$219,900
3 Beds
•2 Full Baths
Listing Office: Enterprise, REALTORS
Is 38068, 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, 38068 has remained a Buyer's Market.
Key Takeaway
38068 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 38068, TN
How much do homes in 38068, TN cost?
Median Sold Price
$304,900
-
Based on all homes sold in October 2024.
Difference Since Last Month
-$35,095(-10.3%)
Key Takeaway
Homes in 38068 have sold for 10.3% less than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $345.9K | $210K | -39.3% |
| 4 Bedrooms | $253.9K | $354.9K | +39.7% |
| 5+ Bedrooms | - | $307K | N/A |
Summary: 38068 housing prices by bedroom type for October 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 39.3%, 4 bedroom homes increased by 39.7%, and 5+ bedroom homes did not change.
Housing Supply in 38068, TN
How many homes are available in 38068, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 50 | +28.2% |
Summary: The 38068 real estate market had 50 homes for sale in October 2024, a 28.2% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 12 | 18 | +50.0% |
| 4 Bedrooms | 23 | 25 | +8.7% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The 38068 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 increased by 8.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 38068, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 38068 in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for 38068, TN
We’re sorry, we don't have information for this market at the moment
