Is 37334, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 37334 has remained a Seller's Market.
Housing Prices in 37334, TN
How much do homes in 37334, TN cost?
Median Sold Price
$231,666
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 37334 was $231,666 in March 2024, up 3% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $274.5K | - | N/A |
2 Bedrooms | $152.5K | $152.4K | 0% |
3 Bedrooms | $225K | $232.5K | +3.3% |
4 Bedrooms | $309K | $332K | +7.4% |
5+ Bedrooms | $605K | $475.7K | -21.4% |
Summary: 37334 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 did not change, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 21.4%.
Median Sold Price Compared To Nearby Zip Codes
37144 | $259.5K | $331.7K | +27.8% |
37334 | $225K | $231.6K | +3.0% |
37348 | $313.5K | $235K | -25.0% |
Housing Supply in 37334, TN
How many homes are available in 37334, TN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
104 | 116 | +11.5% |
Summary: The 37334 real estate market had 116 homes for sale in March 2024, a 11.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 11 | 9 | -18.2% |
3 Bedrooms | 62 | 76 | +22.6% |
4 Bedrooms | 25 | 25 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 37334 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 decreased by 18.2%, 3 bedroom homes increased by 22.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 25 | +19.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in 37334 in March 2024, up by 19.0% month-over-month. Of the 24 sold homes, 42% were sold under asking, 17% were sold at asking, and 42% were sold over asking.
Days on Market for 37334, TN
How long does it take to sell a home in 37334, TN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
44 Days | 32 Days | -25.7% |
Summary: Homes in 37334 had an average of 32 days on market in Mar 2024, down by 25.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 25 homes were sold in 37334; 48% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.