$3,443 Closing Credit*
$289,900
2,671 SqFt
6 Beds
•2 Full Baths, 1 Partial
Andrea Crawford, Listing Office: RE/MAX Unlimited
Is 38351, 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, 38351 has remained a Buyer's Market.
Key Takeaway
38351 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 38351, TN
How much do homes in 38351, TN cost?
Median Sold Price
$255,000
$158/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$26,000(+11.4%)
Key Takeaway
Homes in 38351 have sold for 11.4% more than they did a month ago.
Summary: The median home sold price in 38351 was $255,000 in November 2024, up 11.4% from last month, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $229K | $255K | +11.4% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 38351 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 11.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 38351, TN
How many homes are available in 38351, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 20 | -13.0% |
Summary: The 38351 real estate market had 20 homes for sale in November 2024, a 13.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 17 | 15 | -11.8% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 38351 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 decreased by 11.8%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 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 38351, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 38351 in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 38351, TN
How long does it take to sell a home in 38351, TN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 104 Days | 22 Days | -78.4% |
Summary: Homes in 38351 had an average of 22 days on market in Nov 2024, down by 78.4% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 38351 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 38351; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.