Housing Prices in 38488, TN

How much do homes in 38488, TN cost?

Median List Price

$285,000

$168/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$139,950(-32.9%)

Key Takeaway

The list price of homes in 38488 has decreased by 32.9% since last year.

Summary: The median home list price in 38488 was $285,000 in October 2024, down 32.9% from the previous year, and the median price per square foot was $168.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $249.9K-
N/A
2 $151.2K$522.5K
+245.5%
3 $484.9K$279.4K
-42.4%
4 $397.4K$399.9K
+0.6%
5+ --
N/A

Summary: 38488 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 245.5%, 3 bedroom homes decreased by 42.4%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

37334
+6.6%
35750
0.2%
35739
-0.7%
38449
-2.5%
38488
-32.9%

Housing Supply in 38488, TN

How many homes are available in 38488, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
119-18.2%

Summary: The 38488 real estate market had 9 homes for sale in October 2024, a 18.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 65
-16.7%
4 00
0.0%
5+ 00
0.0%

Summary: The 38488 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 decreased by 20%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 38488, TN

How long does it take to sell a home in 38488, TN?

Average Listing Age

Oct 2023Oct 2024CHANGE
169 Days125 Days-25.9%

Summary: Homes in 38488 had an average listing age of 125 days in Oct 2024, down by 25.9% compared to the previous year.

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 38488, TN

Nearby Markets to 38488, TN