In its August 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Morgan County, Tennessee.
According to the latest data, Morgan County’s Median Sale Price was pegged at $300,000, showing unchanged from the preceding month and a rise of 34.8% from the year before.
The area witnessed the sale of 13 homes during this period, which is a 18.2% increase from the preceding month and an increase of 225.0% compared to the same timeframe last year.
The median time homes spent on the market was 99 days, which is up 27 days compared to last month and an increase of 38 days over the previous year.
With a Market Pulse Score of 105, the analysis suggests a rising trend in Morgan County’s housing market momentum.
For more information about the Morgan 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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