Single-Family Homes
Thu Mar 23 2023
This week the median list price for Moscow, TN 38057 is $662,450 with the market action index hovering around 37. This is an increase over last month's market action index of 34. Inventory has held steady at or around 6.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
Median List Price | $662,450 | |
Median Price of New Listings | $0 | |
Per Square Foot | $192 | |
Average Days on Market | 166 | |
Median Days on Market | 130 | |
Price Decreased | 50% | |
Price Increased | 0% | |
Relisted | 0% | |
Inventory | 6 | |
Median Rent | ||
Market Action | 37 | |
Slight Seller's Advantage |
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$989,000 | 4,749 | 10 - 20 acres | 4 | 3.5 | 28 | 0 | 0 | 196 |
$849,999 | 3,899 | 5 - 10 acres | 5 | 4 | 15 | 0 | 0 | 455 |
$662,450 | 3,299 | 10 - 20 acres | 3 | 3 | 3 | 0 | 1 | 70 |
$359,500 | 3,299 | 5 - 10 acres | 3 | 3.3 | 43 | 0 | 1 | 101 |