$10,000 Closing Credit*
$998,000
5 Beds
•4 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 Seller's Market.
Key Takeaway
38138 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 38138, TN
How much do homes in 38138, TN cost?
Median Sold Price
$437,450
-
Based on all homes sold in October 2024.
Difference Since Last Month
+$7,450(+1.7%)
Key Takeaway
Homes in 38138 have sold for 1.7% 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 | - | $173.5K | N/A |
| 3 Bedrooms | $350K | $255.5K | -27.0% |
| 4 Bedrooms | $442.5K | $540.5K | +22.1% |
| 5+ Bedrooms | $504.5K | $444.9K | -11.8% |
Summary: 38138 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 27%, 4 bedroom homes increased by 22.1%, and 5+ bedroom homes decreased by 11.8%.
Housing Supply in 38138, TN
How many homes are available in 38138, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 116 | 141 | +21.6% |
Summary: The 38138 real estate market had 141 homes for sale in October 2024, a 21.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 11 | +57.1% |
| 3 Bedrooms | 21 | 21 | 0.0% |
| 4 Bedrooms | 57 | 66 | +15.8% |
| 5+ Bedrooms | 30 | 42 | +40.0% |
Summary: The 38138 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 57.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 16 | -23.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 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. 75% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 38138 in October 2024, down by 23.8% month-over-month. Of the 16 sold homes, 75% were sold under asking, 25% 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
