$4,511 Closing Credit*
$379,900
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Keller Williams Realty
Is 38119, 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, 38119 was a Buyer's Market.
Key Takeaway
38119 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 38119, TN
How much do homes in 38119, TN cost?
Median Sold Price
$266,500
-
Based on all homes sold in October 2024.
Difference Since Last Month
+$31,500(+13.4%)
Key Takeaway
Homes in 38119 have sold for 13.4% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $235K | N/A |
| 2 Bedrooms | $157K | $160.9K | +2.5% |
| 3 Bedrooms | $320K | $243.9K | -23.8% |
| 4 Bedrooms | $790K | $300K | -62.0% |
| 5+ Bedrooms | - | $399K | N/A |
Summary: 38119 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 2.5%, 3 bedroom homes decreased by 23.8%, 4 bedroom homes decreased by 62%, and 5+ bedroom homes did not change.
Housing Supply in 38119, TN
How many homes are available in 38119, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 91 | 119 | +30.8% |
Summary: The 38119 real estate market had 119 homes for sale in October 2024, a 30.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 11 | 18 | +63.6% |
| 3 Bedrooms | 22 | 29 | +31.8% |
| 4 Bedrooms | 36 | 43 | +19.4% |
| 5+ Bedrooms | 19 | 25 | +31.6% |
Summary: The 38119 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 63.6%, 3 bedroom homes increased by 31.8%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 31.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 17 | +240.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 38119, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 38119 in October 2024, up by 240.0% month-over-month. Of the 16 sold homes, 56% were sold under asking, 25% were sold at asking, and 19% were sold over asking.
Days on Market for 38119, 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.
© 2024 of the REALTRACS MLS. All rights Reserved.