Is 37335, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 37335 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 37335 has remained a Seller's Market.

Key Takeaway

37335 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 37335, TN

How much do homes in 37335, TN cost?

Median Sold Price

$274,000

$152/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$34,000(+14.2%)

Key Takeaway

Homes in 37335 have sold for 14.2% more than they did a month ago.

Summary: The median home sold price in 37335 was $274,000 in April 2024, up 14.2% from last month, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 -$325K
N/A
2 --
N/A
3 $240K$223K
-7.1%
4 --
N/A
5+ --
N/A

Summary: 37335 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 7.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

37345
+16.5%
37335
+14.2%
37306
-60.1%

Housing Supply in 37335, TN

How many homes are available in 37335, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
550.0%

Summary: The 37335 real estate market had 5 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 11
0.0%
3 32
-33.3%
4 01
+100.0%
5+ 00
0.0%

Summary: The 37335 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 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 37335, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 37335 in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 37335, TN

How long does it take to sell a home in 37335, TN?

Average Sale Time

Mar 2024Apr 2024CHANGE
44 Days32 Days-26.1%

Summary: Homes in 37335 had an average of 32 days on market in Apr 2024, down by 26.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 37335 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in 37335; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

Newest Listings in 37335, TN

Nearby Markets to 37335, TN