MyMarketPulse (mymarketpulse.com) has unveiled its analysis for May 2024, focusing on the property market trends in Smyth County, Virginia.
The report shows that the Median Sale Price in Smyth County reached $164,000 as of May 2024, marking an increase of 9.3% over the previous month and a 11.4% drop compared to a year ago.
During this period, 22 homes were sold in the area, reflecting an increase 46.7% compared to the month beforeand and a decrease of 4.3% from the same month in the previous year.
Homes remained on the market for a median of 43 days, which is down 100 days from the month before and down 6 days from the previous year.
Currently, with a Market Pulse Score of 103, Smyth County’s real estate market appears to be experiencing an upturn.
For more information about the Smyth County, Virginia 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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