Is 37659, 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, 37659 has remained a Seller's Market.
Housing Prices in 37659, TN
How much do homes in 37659, TN cost?
Median Sold Price
$360,833
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 37659 was $360,833 in April 2024, up 0.5% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | - | N/A |
2 Bedrooms | $200K | $215K | +7.5% |
3 Bedrooms | $350K | $360K | +2.9% |
4 Bedrooms | $390K | $470.8K | +20.7% |
5+ Bedrooms | $750K | $657.5K | -12.3% |
Summary: 37659 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 20.7%, and 5+ bedroom homes decreased by 12.3%.
Housing Supply in 37659, TN
How many homes are available in 37659, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
137 | 137 | 0.0% |
Summary: The 37659 real estate market had 137 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 17 | 17 | 0.0% |
3 Bedrooms | 91 | 90 | -1.1% |
4 Bedrooms | 20 | 20 | 0.0% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The 37659 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 1.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 35 | +9.4% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in 37659 in April 2024, up by 9.4% month-over-month. Of the 35 sold homes, 49% were sold under asking, 26% were sold at asking, and 26% were sold over asking.
Days on Market for 37659, TN
How long does it take to sell a home in 37659, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
59 Days | 97 Days | +65.6% |
Summary: Homes in 37659 had an average of 97 days on market in Apr 2024, up by 65.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During April 2024, 35 homes were sold in 37659; 17% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.