$772 Closing Credit*
$65,000
3 Beds
•2 Full Baths
Listing Office: Assured Real Estate Services
Is 38134, 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, 38134 has remained a Seller's Market.
Key Takeaway
38134 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 38134, TN
How much do homes in 38134, TN cost?
Median Sold Price
$225,000
-
Based on all homes sold in November 2024.
Difference Since Last Month
-$14,250(-6.0%)
Key Takeaway
Homes in 38134 have sold for 6% less than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $153.5K | N/A |
| 3 Bedrooms | $238.5K | $225K | -5.7% |
| 4 Bedrooms | $280K | $274.9K | -1.8% |
| 5+ Bedrooms | $251K | $190K | -24.3% |
Summary: 38134 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 did not change, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes decreased by 24.3%.
Housing Supply in 38134, TN
How many homes are available in 38134, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 93 | 95 | +2.2% |
Summary: The 38134 real estate market had 95 homes for sale in November 2024, a 2.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 56 | 47 | -16.1% |
| 4 Bedrooms | 24 | 31 | +29.2% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The 38134 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 16.1%, 4 bedroom homes increased by 29.2%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 17 | -39.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 38134, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 38134 in November 2024, down by 39.3% month-over-month. Of the 17 sold homes, 53% were sold under asking, 35% were sold at asking, and 12% were sold over asking.
Days on Market for 38134, TN
We’re sorry, we don't have information for this market at the moment
