Is 37010, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 37010 was a Neutral Market.
Housing Prices in 37010, TN
How much do homes in 37010, TN cost?
Median Sold Price
$442,500
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 37010 was $442,500 in March 2024, up 5% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $214.5K | $235K | +9.6% |
3 Bedrooms | $390K | $432K | +10.8% |
4 Bedrooms | $457K | $590K | +29.1% |
5+ Bedrooms | $546K | $549.9K | +0.7% |
Summary: 37010 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 29.1%, and 5+ bedroom homes increased by 0.7%.
Median Sold Price Compared To Nearby Zip Codes
37010 | $421.5K | $442.5K | +5.0% |
37043 | $395.1K | $388.1K | -1.8% |
Housing Supply in 37010, TN
How many homes are available in 37010, TN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 20 | 0.0% |
Summary: The 37010 real estate market had 20 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 9 | 10 | +11.1% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 37010 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 7 | +600.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 37010 in March 2024, up by 600.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for 37010, TN
How long does it take to sell a home in 37010, TN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
99 Days | 42 Days | -57.9% |
Summary: Homes in 37010 had an average of 42 days on market in Mar 2024, down by 57.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in 37010; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.