$4,750 Closing Credit*
$400,000
5 Beds
•3 Full Baths
Listing Office: eXp Realty
Is 38135, 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, 38135 has remained a Seller's Market.
Key Takeaway
38135 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 38135, TN
How much do homes in 38135, TN cost?
Median Sold Price
$278,000
-
Based on all homes sold in November 2024.
Difference Since Last Month
-$21,000(-7.0%)
Key Takeaway
Homes in 38135 have sold for 7% 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 | - | $74K | N/A |
| 3 Bedrooms | $271.2K | $225K | -17.0% |
| 4 Bedrooms | $377.5K | $335K | -11.3% |
| 5+ Bedrooms | $415K | $385.6K | -7.1% |
Summary: 38135 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 17%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes decreased by 7.1%.
Housing Supply in 38135, TN
How many homes are available in 38135, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 103 | 103 | 0.0% |
Summary: The 38135 real estate market had 103 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 41 | 41 | 0.0% |
| 4 Bedrooms | 44 | 44 | 0.0% |
| 5+ Bedrooms | 16 | 15 | -6.3% |
Summary: The 38135 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 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 19 | -24.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 38135, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 38135 in November 2024, down by 24.0% month-over-month. Of the 19 sold homes, 53% were sold under asking, 37% were sold at asking, and 11% were sold over asking.
Days on Market for 38135, TN
We’re sorry, we don't have information for this market at the moment
