Is 38334, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 38334 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 38334 has remained a Seller's Market.

Key Takeaway

38334 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 38334, TN

How much do homes in 38334, TN cost?

Median Sold Price

$1,195,000

-

Based on all homes sold in November 2024.

Difference Since Last Month

+$695,000(+139.0%)

Key Takeaway

Homes in 38334 have sold for 139% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $500K-
N/A
4 -$1.1M
N/A
5+ --
N/A

Summary: 38334 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

38334
+139.0%
38310
-10.1%
38332
-21.6%
38315
-63.7%

Housing Supply in 38334, TN

How many homes are available in 38334, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
440.0%

Summary: The 38334 real estate market had 4 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 38334 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 38334, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 38334 in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 38334, TN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 21 Days Ago

Newest Listings in 38334, TN

Nearby Markets to 38334, TN