$10,000 Closing Credit*
$949,900
4,000 SqFt
4 Beds
•3 Full Baths
Shirley Black, Listing Office: Byers & Harvey Inc.
Is 38221, 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, 38221 was a Buyer's Market.
Key Takeaway
38221 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 38221, TN
How much do homes in 38221, TN cost?
Median Sold Price
$192,500
$104/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$42,500(+28.3%)
Key Takeaway
Homes in 38221 have sold for 28.3% more than they did a month ago.
Summary: The median home sold price in 38221 was $192,500 in December 2024, up 28.3% from last month, and the median price per square foot was $104.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $150K | $165K | +10.0% |
| 3 Bedrooms | - | $192.5K | N/A |
| 4 Bedrooms | - | $205K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 38221 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 38333 | $189K | $394K | +108.5% |
| 38221 | $150K | $192.5K | +28.3% |
| 38320 | $215K | $240K | +11.6% |
Housing Supply in 38221, TN
How many homes are available in 38221, TN?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 16 | 18 | +12.5% |
Summary: The 38221 real estate market had 18 homes for sale in December 2024, a 12.5% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The 38221 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 38221, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 38221 in December 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 38221, TN
How long does it take to sell a home in 38221, TN?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 153 Days | 55 Days | -63.6% |
Summary: Homes in 38221 had an average of 55 days on market in Dec 2024, down by 63.6% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 38221 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in 38221; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2025 of the REALTRACS MLS. All rights Reserved.