MyMarketPulse (mymarketpulse.com) recently disclosed its May 2024 findings on the housing market conditions in Meigs County, Tennessee.
May 2024’s data reveals a Median Sale Price of $612,000 for homes in Meigs County. This figure represents a growth of 94.3% month-over-month and a 88.3% year-over-year decrease.
A total of 8 homes were sold in the region, indicating a decrease of 20.0% from last month and a drop of 38.5% when compared with a year ago.
Additionally, the Median Days on Market for listings was observed at 66 days, 12 days shorter compared to the previous month and longer by 10 days from last year.
With the Market Pulse Score sitting at 119, the trend in Meigs County’s housing market seems to be rising.
For more information about the Meigs 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.
MyMarketPulse – What the Pros Know