MyMarketPulse (mymarketpulse.com) recently disclosed its November 2024 findings on the housing market conditions in Rhea County, Tennessee.
The report shows that the Median Sale Price in Rhea County reached $297,500 as of November 2024, marking an increase of 2.6% over the previous month and a 19.0% rise compared to a year ago.
The area witnessed the sale of 25 homes during this period, which is a unchanged from the preceding month and a decrease of 16.7% compared to the same timeframe last year.
Furthermore, homes in Rhea County were on the market for an average of 102 days before selling, reflecting an increase of 14 days days month-over-month and an increase of 21 day day year-over-year.
With the Market Pulse Score sitting at 102, the trend in Rhea County’s housing market seems to be rising.
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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