Is 37066, 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, 37066 was a Seller's Market.
Housing Prices in 37066, TN
How much do homes in 37066, TN cost?
Median Sold Price
$444,981
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 37066 was $444,981 in March 2024, up 3.1% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $189.9K | $494.9K | +160.6% |
2 Bedrooms | $350K | $355K | +1.4% |
3 Bedrooms | $386K | $409.6K | +6.1% |
4 Bedrooms | $567K | $650K | +14.6% |
5+ Bedrooms | $945K | $925K | -2.1% |
Summary: 37066 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 160.6%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes decreased by 2.1%.
Housing Supply in 37066, TN
How many homes are available in 37066, TN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
321 | 391 | +21.8% |
Summary: The 37066 real estate market had 391 homes for sale in March 2024, a 21.8% 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 | 39 | 41 | +5.1% |
3 Bedrooms | 179 | 225 | +25.7% |
4 Bedrooms | 89 | 103 | +15.7% |
5+ Bedrooms | 14 | 22 | +57.1% |
Summary: The 37066 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 5.1%, 3 bedroom homes increased by 25.7%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes increased by 57.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
60 | 63 | +5.0% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 63 homes were sold or pending in 37066 in March 2024, up by 5.0% month-over-month. Of the 63 sold homes, 41% were sold under asking, 41% were sold at asking, and 17% were sold over asking.
Days on Market for 37066, TN
How long does it take to sell a home in 37066, TN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
30 Days | 42 Days | +42.5% |
Summary: Homes in 37066 had an average of 42 days on market in Mar 2024, up by 42.5% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During March 2024, 63 homes were sold in 37066; 60% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.