Is 37336, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 37336 is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, 37336 has remained a Buyer's Market.

Key Takeaway

37336 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 37336, TN

How much do homes in 37336, TN cost?

Median Sold Price

$370,450

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$101,550(-21.5%)

Key Takeaway

Homes in 37336 have sold for 21.5% less than they did a year ago.

Summary: The median home sold price in 37336 was $370,450 in March 2024, down 21.5% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 -$247.9K
N/A
3 $390.1K$370.4K
-5.0%
4 $1.0M$1.2M
+15.2%
5+ $705K$465K
-34.0%

Summary: 37336 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 decreased by 5%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes decreased by 34%.

Median Sold Price Compared To Nearby Zip Codes

37312
-0.6%
37310
-4.8%
37308
-6.3%
37336
-21.5%

Housing Supply in 37336, TN

How many homes are available in 37336, TN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
713+85.7%

Summary: The 37336 real estate market had 13 homes for sale in March 2024, a 85.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 511
+120.0%
4 00
0.0%
5+ 11
0.0%

Summary: The 37336 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 remained the same, 3 bedroom homes increased by 120%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was 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 37336, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 37336 in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 37336, TN

How long does it take to sell a home in 37336, TN?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 37336 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in 37336; 100% of homes were sold within 30 days, 0% 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 18 Days Ago

Newest Listings in 37336, TN

Nearby Markets to 37336, TN