$2,292 Closing Credit*
$193,000
3 Beds
•2 Full Baths
Listing Office: John Green & Co., REALTORS
Is 38141, 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, 38141 has remained a Seller's Market.
Key Takeaway
38141 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 38141, TN
How much do homes in 38141, TN cost?
Median Sold Price
$169,000
-
Based on all homes sold in November 2024.
Difference Since Last Month
+$14,000(+9.0%)
Key Takeaway
Homes in 38141 have sold for 9% more 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 | $135.5K | - | N/A |
| 3 Bedrooms | $155K | $166.9K | +7.7% |
| 4 Bedrooms | - | $285K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 38141 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 increased by 7.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 38141, TN
How many homes are available in 38141, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 50 | 47 | -6.0% |
Summary: The 38141 real estate market had 47 homes for sale in November 2024, a 6.0% decrease 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 | 11 | 5 | -54.5% |
| 3 Bedrooms | 34 | 34 | 0.0% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 38141 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 54.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 9 | -47.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 38141, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in 38141 in November 2024, down by 47.1% month-over-month. Of the 9 sold homes, 33% were sold under asking, 44% were sold at asking, and 22% were sold over asking.
Days on Market for 38141, TN
We’re sorry, we don't have information for this market at the moment
