37316Conasauga, TN Housing Market
$1.70Mmedian sale price
The 37316 zip code, located in Conasauga, TN, is currently classified as a buyer's market. The median sale price stands at $1.70M, representing a +1378.3% change year over year. Homes in this area spend an average of 438 days on the market before going under contract. There are currently 1 active listings in the area, which influences how much negotiating power buyers and sellers have.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 37316 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.
Homes sold
2
Last 12 weeks
Days on market
438
Average pace
Active listings
1
Sale-to-list
89.5%
Below asking
Market analysis for 37316
The 37316 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a buyer's market, homes are selling at approximately 89.5% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 37316 have increased +1378.3% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
Community profile
Population
0
Median age
-666666666 years
Living in 37316
With a median age of -666666666 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings.
These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 37316.
Frequently asked questions about 37316
What is the median home price in 37316?
The current median sale price in 37316 is $1.70M, based on recent Redfin transaction data. Prices have changed +1378.3% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 37316 a buyer's or seller's market?
The 37316 zip code is currently classified as a buyer's market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
How do I research neighborhoods in 37316?
Properties Incorporated provides comprehensive data for 37316 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 37316 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually. Visit our data sources page to learn more about our data methodology and update schedules.
Get zip code 37316 market alerts
Weekly updates on prices, inventory, and trends. Free forever.