Housing Prices in 38256, TN

How much do homes in 38256, TN cost?

Median List Price

$356,400

$229/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

-$143,600(-28.7%)

Key Takeaway

The list price of homes in 38256 has decreased by 28.7% since last year.

Summary: The median home list price in 38256 was $356,400 in November 2024, down 28.7% from the previous year, and the median price per square foot was $229.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$137.4K
N/A
2 $550K$356.4K
-35.2%
3 $249.9K$350K
+40.0%
4 $589K$319.4K
-45.8%
5+ $500K$445K
-11.0%

Summary: 38256 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 35.2%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 45.8%, and 5+ bedroom homes decreased by 11%.

Median List Price Compared To Nearby Zip Codes

38242
+6.6%
38256
-28.7%

Housing Supply in 38256, TN

How many homes are available in 38256, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1925+31.6%

Summary: The 38256 real estate market had 25 homes for sale in November 2024, a 31.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 24
+100.0%
3 1114
+27.3%
4 12
+100.0%
5+ 33
0.0%

Summary: The 38256 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 100%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for 38256, TN

How long does it take to sell a home in 38256, TN?

Average Listing Age

Nov 2023Nov 2024CHANGE
134 Days83 Days-38.0%

Summary: Homes in 38256 had an average listing age of 83 days in Nov 2024, down by 38% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 38256, TN

Nearby Markets to 38256, TN