MyMarketPulse (mymarketpulse.com) has unveiled its analysis for March 2024, focusing on the property market trends in Smith County, Tennessee.
The report shows that the Median Sale Price in Smith County reached $344,950 as of March 2024, marking an increase of 15.0% over the previous month and a 16.1% rise compared to a year ago.
The area witnessed the sale of 18 homes during this period, which is a 5.9% increase from the preceding month and unchanged compared to the same timeframe last year.
Furthermore, homes in Smith County were on the market for an average of 122 days before selling, reflecting an increase of 54 days days month-over-month and an increase of 39 days day year-over-year.
With a Market Pulse Score of 101, the analysis suggests a rising trend in Smith County’s housing market momentum.
For more information about the Smith 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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