Mon Apr 06 2020
This week the median list price for Rossville, TN 38066 is $454,996 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has held steady at or around 21.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|Median List Price||$454,996|
|Per Square Foot||$141|
|Days on Market||152|
|Slight Buyer's Advantage|
Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$569,000||3,899||1 - 2.5 acres||4||3||6||0||0||226|
|$489,000||3,299||0.25 - 0.5 acre||4||3||1||0||0||98|
|$449,000||3,299||2.5 - 5 acres||4||3||1||0||0||107|
|$417,450||2,899||0.5 - 1 acre||3||3||7||0||1||172|