$4,121 Closing Credit*
$347,000
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Crye-Leike, Inc., REALTORS
Is 38138, 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, 38138 was a Buyer's Market.
Key Takeaway
38138 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 38138, TN
How much do homes in 38138, TN cost?
Median Sold Price
$435,000
-
Based on all homes sold in November 2024.
Difference Since Last Month
-$14,450(-3.2%)
Key Takeaway
Homes in 38138 have sold for 3.2% 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 | $173.5K | $269.5K | +55.3% |
| 3 Bedrooms | $305.5K | $310K | +1.5% |
| 4 Bedrooms | $540.5K | $430K | -20.4% |
| 5+ Bedrooms | $444.9K | $549.9K | +23.6% |
Summary: 38138 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 55.3%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 20.4%, and 5+ bedroom homes increased by 23.6%.
Housing Supply in 38138, TN
How many homes are available in 38138, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 143 | 150 | +4.9% |
Summary: The 38138 real estate market had 150 homes for sale in November 2024, a 4.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 21 | 22 | +4.8% |
| 4 Bedrooms | 68 | 79 | +16.2% |
| 5+ Bedrooms | 42 | 38 | -9.5% |
Summary: The 38138 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 decreased by 9.1%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes decreased by 9.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 29 | +61.1% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 38138, you may be able to get a good deal. 72.4% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in 38138 in November 2024, up by 61.1% month-over-month. Of the 29 sold homes, 72% were sold under asking, 28% were sold at asking, and 0% were sold over asking.
Days on Market for 38138, TN
We’re sorry, we don't have information for this market at the moment
