Bryan Realty

Rossville, TN 38066

Single-Family Homes

Market Report / michael@bryanrealty.com



Rossville, TN 38066

Thu Mar 23 2023
This week the median list price for Rossville, TN 38066 is $546,450 with the market action index hovering around 28. This is an increase over last month's market action index of 27. Inventory has held steady at or around 16. Click here to stay informed with the Rossville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Rossville, TN 38066

Thu Mar 23 2023
This week the median list price for Rossville, TN 38066 is $546,450 with the market action index hovering around 28. This is an increase over last month's market action index of 27. Inventory has held steady at or around 16. Click here to stay informed with the Rossville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Rossville market.
Median List Price $546,450
Median Price of New Listings $950,000
Per Square Foot $185
Average Days on Market 116
Median Days on Market 98
Price Decreased 19%
Price Increased 0%
Relisted 6%
Inventory 16
Median Rent
Market Action 28
Slight Buyer's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$687,450 3,399 0.5 - 1 acre 4 3.5 18 1 0 45
$564,450 3,099 0.25 - 0.5 acre 4 2.8 7 0 0 119
$517,400 2,799 6,500 - 8,000 sqft 3 3.3 1 0 0 98
$415,000 2,599 1 - 2.5 acres 4 2.8 22 0 0 52