$3,194 Closing Credit*
$269,000
2,600 SqFt
4 Beds
•2 Full Baths
Brad Story, Listing Office: Keller Williams - Hood Company
Is 38469, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 38469 has remained a Buyer's Market.
Key Takeaway
38469 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 38469, TN
How much do homes in 38469, TN cost?
Median Sold Price
$263,675
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$3,675(+1.4%)
Key Takeaway
Homes in 38469 have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in 38469 was $263,675 in October 2024, up 1.4% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $139.9K | - | N/A |
| 2 Bedrooms | $180K | $190K | +5.6% |
| 3 Bedrooms | $315K | $275.1K | -12.7% |
| 4 Bedrooms | $214K | $254.9K | +19.1% |
| 5+ Bedrooms | - | $360.5K | N/A |
Summary: 38469 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes did not change.
Housing Supply in 38469, TN
How many homes are available in 38469, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 21 | -4.5% |
Summary: The 38469 real estate market had 21 homes for sale in October 2024, a 4.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 14 | 12 | -14.3% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 38469 housing inventory by bedroom type for October 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 14.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 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 38469, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 38469 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for 38469, TN
How long does it take to sell a home in 38469, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 175 Days | 43 Days | -75.4% |
Summary: Homes in 38469 had an average of 43 days on market in Oct 2024, down by 75.4% compared to last year.
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 38469 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 38469; 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.