The 37616 housing market is somewhat competitive. The median sale price of a home in 37616 was $237K last month, up 3.2% since last year. The median sale price per square foot in 37616 is $205, up 37.1% since last year.
In March 2024, 37616 home prices were up 3.2% compared to last year, selling for a median price of $237K. On average, homes in 37616 sell after 71 days on the market compared to 58 days last year. There were 14 homes sold in March this year, down from 16 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$237,450
+3.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
37616, TN
$237,450
+3.2%
United States
To compare other locations to the 37616 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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 37616 housing market?
37616 is somewhat competitive. Homes sell in 55 days.
0
100
43
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 6 months
Some homes get multiple offers.
The average homes sell for about 6% below list price and go pending in around 55 days.
Hot homes
can sell for about 1% below list price and go pending in around 37 days.
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 37616 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 37616.
Risk Factor
Flood Factor - Major
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
37616 has a major risk of flooding. 502 properties in 37616 are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in 37616. Flood risk is increasing slower than the national average.
75% of properties are at risk of wildfire over the next 30 years
Fire Factor
37616 has a moderate risk of wildfire. There are 2,373 properties in 37616 that have some risk of being affected by wildfire over the next 30 years. This represents 75% of all properties in 37616.