MyMarketPulse (mymarketpulse.com) just released its analysis of the December 2024 market data for Rhea County, Tennessee.
The report shows that the Median Sale Price in Rhea County reached $318,345 as of December 2024, marking an increase of 7.9% over the previous month and a 38.4% rise compared to a year ago.
During this period, 28 homes were sold in the area, reflecting an increase 7.7% compared to the month beforeand and an increase of 100.0% from the same month in the previous year.
The median time homes spent on the market was 85 days, which is down 15 days compared to last month and a decrease of 1 day over the previous year.
With the Market Pulse Score sitting at 101, the trend in Rhea County’s housing market seems to be rising.
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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