Housing Prices in 38061, TN

How much do homes in 38061, TN cost?

Median List Price

$179,000

$284/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

-$108,500(-37.7%)

Key Takeaway

The list price of homes in 38061 has decreased by 37.7% since last year.

Summary: The median home list price in 38061 was $179,000 in April 2024, down 37.7% from the previous year, and the median price per square foot was $284.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$129K
N/A
2 $287.5K$79.9K
-72.2%
3 $299.9K$299.9K
0.0%
4 $265K-
N/A
5+ --
N/A

Summary: 38061 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 decreased by 72.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

38367
0.0%
38375
-4.8%
38052
-5.6%
38061
-37.7%

Housing Supply in 38061, TN

How many homes are available in 38061, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
34+33.3%

Summary: The 38061 real estate market had 4 homes for sale in April 2024, a 33.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 00
0.0%
3 23
+50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 38061 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 increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 38061, TN

How long does it take to sell a home in 38061, TN?

Average Listing Age

Apr 2023Apr 2024CHANGE
135 Days87 Days-35.1%

Summary: Homes in 38061 had an average listing age of 87 days in Apr 2024, down by 35.1% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

Newest Listings in 38061, TN

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