MyMarketPulse (mymarketpulse.com) recently disclosed its July 2024 findings on the housing market conditions in Rhea County, Tennessee.
The report shows that the Median Sale Price in Rhea County reached $344,575 as of July 2024, marking an increase of 3.7% over the previous month and a 4.7% rise compared to a year ago.
Sales of homes in the region saw 31 home changing hands. This represents an increase of 24.0% from the month before and up 24.0% compared to the same month last year.
Homes remained on the market for a median of 53 days, which is up 4 days from the month before and down 12 days from the previous year.
The Market Pulse Score for Rhea County is presently at 117, 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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