$8,657 Closing Credit*
$729,000
5 Beds
•4 Full Baths, 1 Partial
Listing Office: Justin Johnson Realty
Is 38326, 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, 38326 was a Seller's Market.
Key Takeaway
38326 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 38326, TN
How much do homes in 38326, TN cost?
Median Sold Price
$309,000
-
Based on all homes sold in November 2024.
Difference Since Last Month
+$32,500(+11.8%)
Key Takeaway
Homes in 38326 have sold for 11.8% 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 | $214K | - | N/A |
| 3 Bedrooms | $298K | $310K | +4.0% |
| 4 Bedrooms | $315K | $280K | -11.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: 38326 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 4%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 38372 | $219K | $289K | +31.9% |
| 38326 | $276.5K | $309K | +11.8% |
Housing Supply in 38326, TN
How many homes are available in 38326, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 59 | 53 | -10.2% |
Summary: The 38326 real estate market had 53 homes for sale in November 2024, a 10.2% decrease 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 | 10 | 6 | -40.0% |
| 3 Bedrooms | 37 | 35 | -5.4% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 38326 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 40%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 38326, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 38326 in November 2024, down by 40.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for 38326, TN
We’re sorry, we don't have information for this market at the moment
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.