$2,018 Closing Credit*
$169,900
1,050 SqFt
3 Beds
•1 Full Bath
B. J. Rigsby, Listing Office: Lynch Rigsby Realty & Auction, LLC
Is 37345, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, 37345 was a Neutral Market.
Key Takeaway
37345 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 37345, TN
How much do homes in 37345, TN cost?
Median Sold Price
$195,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$65,000(+50.0%)
Key Takeaway
Homes in 37345 have sold for 50% more than they did a year ago.
Summary: The median home sold price in 37345 was $195,000 in August 2024, up 50% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $96.2K | $184.5K | +91.7% |
| 3 Bedrooms | $136K | $192K | +41.2% |
| 4 Bedrooms | $299.9K | $578.2K | +92.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: 37345 housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 91.7%, 3 bedroom homes increased by 41.2%, 4 bedroom homes increased by 92.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 37345 | $130K | $195K | +50.0% |
| 37306 | $242.5K | $317K | +30.7% |
| 37335 | $249.9K | $250K | 0.0% |
Housing Supply in 37345, TN
How many homes are available in 37345, TN?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Summary: The 37345 real estate market had 15 homes for sale in August 2024, a 36.4% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 2 | 5 | +150.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 37345 housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 150%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 37345, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in 37345 in August 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 37345, TN
How long does it take to sell a home in 37345, TN?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 84 Days | 39 Days | -53.8% |
Summary: Homes in 37345 had an average of 39 days on market in Aug 2024, down by 53.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 37345 has remained consistent over time.
Summary: During August 2024, 3 homes were sold in 37345; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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.