$2,197 Closing Credit*
$185,000
1,024 SqFt
2 Beds
•1 Full Bath
Jay Butler, Listing Office: Butler Realty
Is 38449, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 38449 was a Seller's Market.
Key Takeaway
38449 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 38449, TN
How much do homes in 38449, TN cost?
Median Sold Price
$273,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$4,450(-1.6%)
Key Takeaway
Homes in 38449 have sold for 1.6% less than they did a year ago.
Summary: The median home sold price in 38449 was $273,000 in November 2024, down 1.6% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $147K | - | N/A |
| 2 Bedrooms | $162.5K | $130K | -20.0% |
| 3 Bedrooms | $235K | $276K | +17.4% |
| 4 Bedrooms | $380K | - | N/A |
| 5+ Bedrooms | $587K | $355K | -39.5% |
Summary: 38449 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 20%, 3 bedroom homes increased by 17.4%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 39.5%.
Median Sold Price Compared To Nearby Zip Codes
| 35739 | $268.5K | $275K | +2.4% |
| 38449 | $277.4K | $273K | -1.6% |
Housing Supply in 38449, TN
How many homes are available in 38449, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 22 | -4.3% |
Summary: The 38449 real estate market had 22 homes for sale in November 2024, a 4.3% 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 | 6 | 6 | 0.0% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 38449 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 18.2%, 4 bedroom homes increased by 33.3%, 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 38449, 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 38449 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 38449, TN
How long does it take to sell a home in 38449, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 73 Days | 78 Days | +6.8% |
Summary: Homes in 38449 had an average of 78 days on market in Nov 2024, up by 6.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 38449 has remained consistent over time.
Summary: During November 2024, 2 homes were sold in 38449; 0% 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.