The 37840 housing market is somewhat competitive. The median sale price of a home in 37840 was $213K last month, down 21.0% since last year. The median sale price per square foot in 37840 is $125, down 47.0% since last year.
In March 2024, 37840 home prices were down 21.0% compared to last year, selling for a median price of $213K. On average, homes in 37840 sell after 54 days on the market compared to 68 days last year. There were 8 homes sold in March this year, down from 12 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$212,500
-21.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
37840, TN
$212,500
-21.0%
United States
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How hot is the 37840 housing market?
37840 is somewhat competitive. Homes sell in 41 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 6 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 41 days.
Hot homes
can sell for around list price and go pending in around 24 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 37840 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 37840.
Risk Factor
Flood Factor - Severe
28% of properties are at risk of severe flooding over the next 30 years
Flood Factor
37840 has a severe risk of flooding. 1,220 properties in 37840 are likely to be
severely affected
by flooding over the next 30 years. This represents 28% of all properties in 37840. Flood risk is increasing slower than the national average.
86% of properties are at risk of wildfire over the next 30 years
Fire Factor
37840 has a moderate risk of wildfire. There are 4,462 properties in 37840 that have some risk of being affected by wildfire over the next 30 years. This represents 86% of all properties in 37840.
99% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
37840 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 37840 is most at risk from hurricanes. 5,162 properties in 37840 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 55 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 64 mph.