Is 37379, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 37379 has remained a Seller's Market.
Housing Prices in 37379, TN
How much do homes in 37379, TN cost?
Median Sold Price
$360,000
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 37379 was $360,000 in April 2024, up 9.1% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $258.5K | $228.7K | -11.5% |
2 Bedrooms | $182.5K | $209K | +14.5% |
3 Bedrooms | $301.6K | $345K | +14.4% |
4 Bedrooms | $500K | $453K | -9.4% |
5+ Bedrooms | $640K | $670.1K | +4.7% |
Summary: 37379 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.5%, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 14.4%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes increased by 4.7%.
Housing Supply in 37379, TN
How many homes are available in 37379, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
161 | 187 | +16.1% |
Summary: The 37379 real estate market had 187 homes for sale in April 2024, a 16.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 17 | 23 | +35.3% |
3 Bedrooms | 101 | 114 | +12.9% |
4 Bedrooms | 32 | 41 | +28.1% |
5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The 37379 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 increased by 35.3%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 28.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 35 | -12.5% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in 37379 in April 2024, down by 12.5% month-over-month. Of the 35 sold homes, 51% were sold under asking, 17% were sold at asking, and 31% were sold over asking.
Days on Market for 37379, TN
How long does it take to sell a home in 37379, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
2 Days | 19 Days | +774.3% |
Summary: Homes in 37379 had an average of 19 days on market in Apr 2024, up by 774.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 35 homes were sold in 37379; 14% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.