Housing market spotlight: Check out the trends in 37022, Bethpage

Housing market spotlight: Check out the trends in 37022, Bethpage

Staff reports  |  Nashville Tennessean

Every Sunday, The Tennessean highlights a different ZIP code, as we strive to inform readers and help them navigate Middle Tennessee’s real estate market.

Bethpage, Tenn., is an unincorporated community in the center of this ZIP code. It sits about 35 miles northeast of Nashville and 35 miles south of Bowling Green, Ky. ZIP code 37022 is primarily in Sumner County with some parts also in Trousdale County.

Just 7 miles away in Castalian Springs are historic sites include Cragfont State Historic Site and Wynnewood State Historic Site. A nearby state park is Bledsoe Creek State Park with campsites and hiking trails.

By the numbers, here’s what’s going on in 37022 according to data from the Greater Nashville Realtors.

Prices rise

Median sales prices in 37022 continued to rise. From Feb. 20, 2022-Feb. 20, 2023, median sales price was $326,750. That’s up from $280,000 during the same time period the year prior. For reference, the median sales price was about $215,000 during 2020-2021.

Homes move quickly

Homes spent about 25 days on the market during the Feb. 20, 2022-Feb. 20, 2023 time period. That’s similar to the same time period the previous year when homes spent about 26 days on the market.

Closings dip

Home buyers closed on 76 homes from Feb. 20, 2022-Feb. 20, 2023. The prior year, home buyers closed on 116 homes. Current inventory is 21 homes.