$4,928 Closing Credit*
$415,000
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Enterprise, REALTORS
Is 38104, 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, 38104 has remained a Buyer's Market.
Key Takeaway
38104 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 38104, TN
How much do homes in 38104, TN cost?
Median Sold Price
$325,000
-
Based on all homes sold in October 2024.
Difference Since Last Month
-$162,000(-33.3%)
Key Takeaway
Homes in 38104 have sold for 33.3% 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 | $148K | $216K | +45.9% |
| 3 Bedrooms | $408.5K | $336K | -17.7% |
| 4 Bedrooms | $597.5K | $365K | -38.9% |
| 5+ Bedrooms | $800K | - | N/A |
Summary: 38104 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 increased by 45.9%, 3 bedroom homes decreased by 17.7%, 4 bedroom homes decreased by 38.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 38112 | $107K | $250K | +133.6% |
| 38104 | $487K | $325K | -33.3% |
Housing Supply in 38104, TN
How many homes are available in 38104, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 125 | 148 | +18.4% |
Summary: The 38104 real estate market had 148 homes for sale in October 2024, a 18.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 22 | 29 | +31.8% |
| 3 Bedrooms | 53 | 59 | +11.3% |
| 4 Bedrooms | 29 | 40 | +37.9% |
| 5+ Bedrooms | 16 | 15 | -6.3% |
Summary: The 38104 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 increased by 31.8%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 37.9%, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 20 | +122.2% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 38104, you may be able to get a good deal. 85% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 38104 in October 2024, up by 122.2% month-over-month. Of the 20 sold homes, 85% were sold under asking, 15% were sold at asking, and 0% were sold over asking.
Days on Market for 38104, TN
We’re sorry, we don't have information for this market at the moment
