Housing Prices in 38581, TN

How much do homes in 38581, TN cost?

Median List Price

$349,000

$191/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$65,550(+23.1%)

Key Takeaway

The list price of homes in 38581 has increased by 23.1% since last year.

Summary: The median home list price in 38581 was $349,000 in April 2024, up 23.1% from the previous year, and the median price per square foot was $191.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$383K
N/A
2 $167.2K$212.4K
+27.0%
3 $261K$262.2K
0.5%
4 $599.9K$584.9K
-2.5%
5+ $2.3M$1.6M
-29.9%

Summary: 38581 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 27%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 29.9%.

Median List Price Compared To Nearby Zip Codes

38579
+53.5%
38581
+23.1%
38587
+11.8%
37110
+6.9%

Housing Supply in 38581, TN

How many homes are available in 38581, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1821+16.7%

Summary: The 38581 real estate market had 21 homes for sale in April 2024, a 16.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 11
0.0%
3 1012
+20.0%
4 66
0.0%
5+ 11
0.0%

Summary: The 38581 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 38581, TN

How long does it take to sell a home in 38581, TN?

Average Listing Age

Apr 2023Apr 2024CHANGE
179 Days131 Days-26.6%

Summary: Homes in 38581 had an average listing age of 131 days in Apr 2024, down by 26.6% compared to the previous year.

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

Report Updated 6 Days Ago

Newest Listings in 38581, TN

Nearby Markets to 38581, TN