MyMarketPulse (mymarketpulse.com) has unveiled its analysis for April 2024, focusing on the property market trends in Rhea County, Tennessee.
The report shows that the Median Sale Price in Rhea County reached $310,000 as of April 2024, marking an increase of 26.9% over the previous month and a 3.4% rise compared to a year ago.
Sales of homes in the region saw 45 homes changing hands. This represents an increase of 136.8% from the month before and up 36.4% compared to the same month last year.
Homes remained on the market for a median of 67 days, which is up 10 days from the month before and down 39 days from the previous year.
The Market Pulse Score for Rhea County is presently at 116, signaling an upward trajectory in the market’s activity.
For more information about the Rhea County, Tennessee market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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