$5,047 Closing Credit*
$425,000
4 Beds
•3 Full Baths
Listing Office: Hobson, REALTORS
Is 38133, 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, 38133 has remained a Seller's Market.
Key Takeaway
38133 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 38133, TN
How much do homes in 38133, TN cost?
Median Sold Price
$325,500
-
Based on all homes sold in October 2024.
Difference Since Last Month
+$26,000(+8.7%)
Key Takeaway
Homes in 38133 have sold for 8.7% more 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 | $272.5K | $251.6K | -7.7% |
| 4 Bedrooms | $351.5K | $373.4K | +6.2% |
| 5+ Bedrooms | - | $399.9K | N/A |
Summary: 38133 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 7.7%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes did not change.
Housing Supply in 38133, TN
How many homes are available in 38133, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 86 | 97 | +12.8% |
Summary: The 38133 real estate market had 97 homes for sale in October 2024, a 12.8% 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 | 3 | 6 | +100.0% |
| 3 Bedrooms | 46 | 48 | +4.3% |
| 4 Bedrooms | 29 | 31 | +6.9% |
| 5+ Bedrooms | 8 | 12 | +50.0% |
Summary: The 38133 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 100%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 20 | +25.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 38133, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 38133 in October 2024, up by 25.0% month-over-month. Of the 20 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for 38133, TN
We’re sorry, we don't have information for this market at the moment
