Housing Prices in 38040, TN
How much do homes in 38040, TN cost?
Median List Price
$132,500
$99/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Summary: The median home list price in 38040 was $132,500 in April 2024, down 14.5% from the previous year, and the median price per square foot was $99.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $89.9K | $130K | +44.6% |
3 Bedrooms | $155K | $125K | -19.4% |
4 Bedrooms | $267.9K | $205K | -23.5% |
5+ Bedrooms | $65K | $150K | +130.8% |
Summary: 38040 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 44.6%, 3 bedroom homes decreased by 19.4%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes increased by 130.8%.
Median List Price Compared To Nearby Zip Codes
38024 | $171.9K | $209.9K | +22.1% |
38063 | $160K | $157.5K | -1.6% |
38040 | $155K | $132.5K | -14.5% |
38037 | $1.6M | $115K | -93.2% |
Housing Supply in 38040, TN
How many homes are available in 38040, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 10 | +25.0% |
Summary: The 38040 real estate market had 10 homes for sale in April 2024, a 25.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 2 | 4 | +100.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 38040 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 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for 38040, TN
How long does it take to sell a home in 38040, TN?
Average Listing Age
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
170 Days | 106 Days | -37.4% |
Summary: Homes in 38040 had an average listing age of 106 days in Apr 2024, down by 37.4% compared to the previous year.