Is 37932, 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, 37932 has remained a Seller's Market.
Housing Prices in 37932, TN
How much do homes in 37932, TN cost?
Median Sold Price
$520,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 37932 was $520,000 in April 2024, down 1.2% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $1.0M | N/A |
2 Bedrooms | $249K | $279K | +12.0% |
3 Bedrooms | $439.9K | $439.9K | 0.0% |
4 Bedrooms | $579.4K | $585K | +1.0% |
5+ Bedrooms | $684.9K | $679.9K | -0.7% |
Summary: 37932 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 12%, 3 bedroom homes did not change, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 0.7%.
Housing Supply in 37932, TN
How many homes are available in 37932, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
149 | 148 | -0.7% |
Summary: The 37932 real estate market had 148 homes for sale in April 2024, a 0.7% decrease 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 | 9 | 8 | -11.1% |
3 Bedrooms | 54 | 52 | -3.7% |
4 Bedrooms | 64 | 64 | 0.0% |
5+ Bedrooms | 21 | 23 | +9.5% |
Summary: The 37932 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 decreased by 11.1%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 9.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 45 | -4.3% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in 37932 in April 2024, down by 4.3% month-over-month. Of the 45 sold homes, 47% were sold under asking, 31% were sold at asking, and 22% were sold over asking.
Days on Market for 37932, TN
How long does it take to sell a home in 37932, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 35 Days | +9.5% |
Summary: Homes in 37932 had an average of 35 days on market in Apr 2024, up by 9.5% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 45 homes were sold in 37932; 60% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.