Is 37373, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 37373 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 37373 was a Buyer's Market.

Key Takeaway

37373 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 37373, TN

How much do homes in 37373, TN cost?

Median Sold Price

$218,000

$120/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$157,000(-41.9%)

Key Takeaway

Homes in 37373 have sold for 41.9% less than they did a month ago.

Summary: The median home sold price in 37373 was $218,000 in March 2024, down 41.9% from last month, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $375K$218K
-41.9%
4 --
N/A
5+ --
N/A

Summary: 37373 housing prices by bedroom type for March 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 41.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 37373, TN

How many homes are available in 37373, TN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1214+16.7%

Summary: The 37373 real estate market had 14 homes for sale in March 2024, a 16.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 33
0.0%
3 88
0.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The 37373 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 37373, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 37373 in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 37373, TN

We’re sorry, we don't have information for this market at the moment

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 37373, TN

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