Housing Prices in 38311, TN

How much do homes in 38311, TN cost?

Median List Price

$269,900

$257/sqft

Based on all homes listed in the last 12 months.

Difference Since February 2023

-$89,100(-24.8%)

Key Takeaway

The list price of homes in 38311 has decreased by 24.8% since last year.

Summary: The median home list price in 38311 was $269,900 in February 2024, down 24.8% from the previous year, and the median price per square foot was $257.

Median List Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $259K-
N/A
2 $249.5K$249K
-0.2%
3 $219.9K$226.2K
+2.9%
4 $549.5K$714.5K
+30.0%
5+ $2.0M$430K
-78.5%

Summary: 38311 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 78.5%.

Median List Price Compared To Nearby Zip Codes

38425
+46.6%
38329
+31.7%
38311
-24.8%

Housing Supply in 38311, TN

How many homes are available in 38311, TN?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
78+14.3%

Summary: The 38311 real estate market had 8 homes for sale in February 2024, a 14.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 34
+33.3%
5+ 11
0.0%

Summary: The 38311 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Days on Market for 38311, TN

How long does it take to sell a home in 38311, TN?

Average Listing Age

Feb 2023Feb 2024CHANGE
90 Days58 Days-34.7%

Summary: Homes in 38311 had an average listing age of 58 days in Feb 2024, down by 34.7% compared to the previous year.

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

Report Updated 28 Days Ago

Newest Listings in 38311, TN

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