Is 37210, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 37210 was a Buyer's Market.
Key Takeaway
37210 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37210, TN
How much do homes in 37210, TN cost?
Median Sold Price
$485,400
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 37210 have sold for 15.6% more than they did a year ago.
Summary: The median home sold price in 37210 was $485,400 in April 2024, up 15.6% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $304K | +35.1% |
| 2 Bedrooms | $358.6K | $387K | +7.9% |
| 3 Bedrooms | $488.3K | $490K | 0.3% |
| 4 Bedrooms | $568K | $644K | +13.4% |
| 5+ Bedrooms | $815K | $580K | -28.8% |
Summary: 37210 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.1%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes decreased by 28.8%.
Housing Supply in 37210, TN
How many homes are available in 37210, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 103 | 117 | +13.6% |
Summary: The 37210 real estate market had 117 homes for sale in April 2024, a 13.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 12 | +20.0% |
| 2 Bedrooms | 22 | 27 | +22.7% |
| 3 Bedrooms | 49 | 54 | +10.2% |
| 4 Bedrooms | 21 | 23 | +9.5% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 37210 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 22.7%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 24 | +71.4% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37210, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.
Summary: A total of 24 homes were sold or pending in 37210 in April 2024, up by 71.4% month-over-month. Of the 24 sold homes, 38% were sold under asking, 42% were sold at asking, and 21% were sold over asking.
Days on Market for 37210, TN
How long does it take to sell a home in 37210, TN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 76 Days | 28 Days | -62.9% |
Summary: Homes in 37210 had an average of 28 days on market in Apr 2024, down by 62.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 37210 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 24 homes were sold in 37210; 58% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 4% 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.