Is 37036, 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, 37036 was a Seller's Market.
Housing Prices in 37036, TN
How much do homes in 37036, TN cost?
Median Sold Price
$357,450
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 37036 was $357,450 in March 2024, up 6.7% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $229K | - | N/A |
2 Bedrooms | $334.5K | $273.9K | -18.1% |
3 Bedrooms | $325.4K | $349.9K | +7.5% |
4 Bedrooms | $588.9K | $650K | +10.4% |
5+ Bedrooms | - | $490K | N/A |
Summary: 37036 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 decreased by 18.1%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes did not change.
Housing Supply in 37036, TN
How many homes are available in 37036, TN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 23 | +15.0% |
Summary: The 37036 real estate market had 23 homes for sale in March 2024, a 15.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 17 | 20 | +17.6% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 37036 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 increased by 100%, 3 bedroom homes increased by 17.6%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 37036 in March 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 37036, TN
How long does it take to sell a home in 37036, TN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
62 Days | 6 Days | -89.4% |
Summary: Homes in 37036 had an average of 6 days on market in Mar 2024, down by 89.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in 37036; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.