MyMarketPulse (mymarketpulse.com) just released its analysis of the May 2024 market data for Morgan County, Tennessee.
The Median Sale Price for properties in Morgan County was documented at $312,000 for May 2024. This price point is an upward move of 9.5% from the previous month and shows a 13.5% rise from the year before.
The region reported 14 home sales, marking an increase of 100.0% from the prior month, and 17.6% decrease year-over-year.
The median time homes spent on the market was 39 days, which is down 47 days compared to last month and a decrease of 38 days over the previous year.
Morgan County’s Market Pulse Score currently stands at 112 indicating a rising trend for the market.
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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