#9981158, Seth Lester, Listing office: NextHome Magnolia Realty
37687 Housing Market Report May 2025•Carter County, Tennessee
Housing Prices in 37687, TN
How much do homes in 37687, TN cost?
Housing Market Conditions
Is 37687, TN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
37687 is a Buyer's Market
Difference Since May 2024
At the same time last year, 37687 was a Seller's Market.
37687 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 37687 have sold for 25.4% less than they did a year ago.
Summary: The median home sold price in 37687 was $287,450 in May 2025, down 25.4% from last year, and the median price per square foot was $211.
Median Sold Price By Bedrooms
Beds | May 2024 | May 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $130K | $210.7K | +62.1% |
22 Bedrooms | $438.7K | $236.2K | -46.2% |
33 Bedrooms | $326.2K | $320K | -1.9% |
44 Bedrooms | $565K | $1.1M | +96.6% |
55+ Bedrooms | $446K | - | N/A |
Summary: 37687 housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +62.1%. The home price for 2 bedroom homes decreased by -46.2%. The home price for 3 bedroom homes decreased by -1.9%. The home price for 4 bedroom homes increased by +96.6%. The home price for 5 bedroom homes did not change.
How does 37687, TN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
37687, TN
Housing supply in 37687, TN
How many homes are available in 37687, TN?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
36Last MonthMay 2025 | ||
322 months agoApr 2025 | +12.5 % Change MoMApr – May |
Summary: The 37687 real estate market had 36 homes for sale in May 2025, a 12.5 % increase compared to Apr 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
1Last MonthMay 2025 | ||
22 months agoApr 2025 | -50.0 % Change MoMApr – May |
Homes For Sale By Bedroom Count
Beds | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 2 | +100.0% |
22 Bedrooms | 3 | 6 | +100.0% |
33 Bedrooms | 22 | 21 | -4.5% |
44 Bedrooms | 2 | 3 | +50.0% |
55+ Bedrooms | 4 | 4 | 0.0% |
Summary: 37687 housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes decreased by -4.5%. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 37687, TN cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
If you're buying a home in 37687, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 37687 in May 2025, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for 37687, TN
How long does it take to sell a home in 37687, TN?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Avg time on Rocket Homes in 37687 has remained consistent over time.
Summary: During May 2025, 1 homes were sold in 37687; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
59 DaysThis YearMay 2025 | ||
49 Days1 year agoMay 2024 | +18.6 % Change YoYMay 2024 – May 2025 |
Summary: Homes in 37687 had an average listing age of 59 days in May 2025, up by 18.6% compared to the previous year.
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Newest Listings in 37687, TN
What homes are available in 37687, TN?
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MLS Disclaimers and Copyright
Based on information from Tennessee Virginia Regional MLS, East Tennessee REALTORS® MLS, and Canopy MLS for the period 06/01/2023 - 06/01/2025
Copyright© 2025 Tennessee Virginia Regional MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2025, 2:40:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright © 2025 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2025, 2:40:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

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Copyright © 2025 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2025, 2:36:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.