Is 38469, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 38469 was a Seller's Market.
Housing Prices in 38469, TN
How much do homes in 38469, TN cost?
Median Sold Price
$260,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 38469 was $260,000 in April 2024, up 6.1% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $139.9K | N/A |
2 Bedrooms | $148.9K | $202.5K | +35.9% |
3 Bedrooms | $224K | $279.9K | +25.0% |
4 Bedrooms | $295K | $250K | -15.3% |
5+ Bedrooms | $525K | $360.5K | -31.3% |
Summary: 38469 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 35.9%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 15.3%, and 5+ bedroom homes decreased by 31.3%.
Median Sold Price Compared To Nearby Zip Codes
38469 | $245K | $260K | +6.1% |
38468 | $284.4K | $253.5K | -10.9% |
Housing Supply in 38469, TN
How many homes are available in 38469, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 20 | +11.1% |
Summary: The 38469 real estate market had 20 homes for sale in April 2024, a 11.1% 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 | 3 | 4 | +33.3% |
3 Bedrooms | 11 | 12 | +9.1% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 38469 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 increased by 33.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in 38469 in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 38469, TN
How long does it take to sell a home in 38469, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
63 Days | 55 Days | -11.9% |
Summary: Homes in 38469 had an average of 55 days on market in Apr 2024, down by 11.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in 38469; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.