$4,749 Closing Credit*
$399,900
5 Beds
•3 Full Baths
Listing Office: InCity 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 Seller's Market.
Key Takeaway
38119 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 38119, TN
How much do homes in 38119, TN cost?
Median Sold Price
$272,500
-
Based on all homes sold in November 2024.
Difference Since Last Month
-$2,500(-0.9%)
Key Takeaway
Homes in 38119 have sold for 0.9% less than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | - | N/A |
| 2 Bedrooms | $154.5K | $155K | 0.3% |
| 3 Bedrooms | $243.9K | $245K | 0.4% |
| 4 Bedrooms | $300K | $320K | +6.7% |
| 5+ Bedrooms | $399K | $330K | -17.3% |
Summary: 38119 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 increased by 0.3%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 17.3%.
Housing Supply in 38119, TN
How many homes are available in 38119, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 112 | 124 | +10.7% |
Summary: The 38119 real estate market had 124 homes for sale in November 2024, a 10.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 18 | 20 | +11.1% |
| 3 Bedrooms | 27 | 37 | +37.0% |
| 4 Bedrooms | 42 | 41 | -2.4% |
| 5+ Bedrooms | 22 | 25 | +13.6% |
Summary: The 38119 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 37%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 13.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 14 | -30.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 38119, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 38119 in November 2024, down by 30.0% month-over-month. Of the 14 sold homes, 50% were sold under asking, 36% were sold at asking, and 14% 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.