Is 37804, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 37804 has remained a Seller's Market.
Housing Prices in 37804, TN
How much do homes in 37804, TN cost?
Median Sold Price
$327,920
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 37804 was $327,920 in February 2024, up 6.7% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $189.4K | $169.9K | -10.3% |
2 Bedrooms | $188.7K | $240.5K | +27.4% |
3 Bedrooms | $310K | $330K | +6.5% |
4 Bedrooms | $425K | $448.6K | +5.6% |
5+ Bedrooms | $420K | $454.9K | +8.3% |
Summary: 37804 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.3%, 2 bedroom homes increased by 27.4%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 8.3%.
Housing Supply in 37804, TN
How many homes are available in 37804, TN?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
133 | 131 | -1.5% |
Summary: The 37804 real estate market had 131 homes for sale in February 2024, a 1.5% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 17 | 23 | +35.3% |
3 Bedrooms | 75 | 67 | -10.7% |
4 Bedrooms | 29 | 26 | -10.3% |
5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The 37804 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 35.3%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
35 | 33 | -5.7% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in 37804 in February 2024, down by 5.7% month-over-month. Of the 33 sold homes, 45% were sold under asking, 24% were sold at asking, and 30% were sold over asking.
Days on Market for 37804, TN
We’re sorry, we don't have information for this market at the moment