The 37062 housing market is somewhat competitive. The median sale price of a home in 37062 was $415K last month, down 17.9% since last year. The median sale price per square foot in 37062 is $225, down 6.8% since last year.
In March 2024, 37062 home prices were down 17.9% compared to last year, selling for a median price of $415K. On average, homes in 37062 sell after 52 days on the market compared to 92 days last year. There were 50 homes sold in March this year, up from 50 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$414,500
-17.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
37062, TN
$414,500
-17.9%
United States
To compare other locations to the 37062 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Tennessee add value to a home.
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How hot is the 37062 housing market?
37062 is somewhat competitive. Homes sell in 51.5 days.
0
100
45
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 52 days.
Hot homes
can sell for around list price and go pending in around 25 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
7/10
Fairview Elementary School
Public • PreK-5 • Choice school
571
Students
5 reviews
6/10
Westwood Elementary School
Public • PreK-5 • Choice school
554
Students
9 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 37062 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 37062.
Risk Factor
Flood Factor - Moderate
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
37062 has a moderate risk of flooding. 494 properties in 37062 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 37062. Flood risk is increasing slower than the national average.
92% of properties are at risk of wildfire over the next 30 years
Fire Factor
37062 has a moderate risk of wildfire. There are 5,169 properties in 37062 that have some risk of being affected by wildfire over the next 30 years. This represents 92% of all properties in 37062.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
37062 has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 37062 is most at risk from hurricanes. 5,611 properties in 37062 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 67 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 76 mph.