Is 37069, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 37069 has remained a Seller's Market.
Key Takeaway
37069 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37069, TN
How much do homes in 37069, TN cost?
Median Sold Price
$959,997
$328/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 37069 have sold for 20.6% more than they did a year ago.
Summary: The median home sold price in 37069 was $959,997 in April 2024, up 20.6% from last year, and the median price per square foot was $328.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $940K | N/A |
| 2 Bedrooms | $455K | $444K | -2.4% |
| 3 Bedrooms | $641.2K | $625.9K | -2.4% |
| 4 Bedrooms | $925K | $1.0M | +10.0% |
| 5+ Bedrooms | $1.7M | $1.7M | +2.5% |
Summary: 37069 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.4%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 2.5%.
Housing Supply in 37069, TN
How many homes are available in 37069, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 116 | 131 | +12.9% |
Summary: The 37069 real estate market had 131 homes for sale in April 2024, a 12.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 21 | 20 | -4.8% |
| 4 Bedrooms | 43 | 48 | +11.6% |
| 5+ Bedrooms | 48 | 59 | +22.9% |
Summary: The 37069 housing inventory by bedroom type for April 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 4.8%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 22.9%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37069, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 37069 in April 2024, the same as the previous month. Of the 22 sold homes, 50% were sold under asking, 18% were sold at asking, and 32% were sold over asking.
Days on Market for 37069, TN
How long does it take to sell a home in 37069, TN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 42 Days | 28 Days | -32.0% |
Summary: Homes in 37069 had an average of 28 days on market in Apr 2024, down by 32% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 37069 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 22 homes were sold in 37069; 64% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 9% 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.