Bryan Realty
Rossville, TN 38066
Single-Family Homes
Market Report / michael@bryanrealty.com
Rossville, TN 38066
Tue Sep 28 2021
This week the median list price for Rossville, TN 38066 is $547,500 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has decreased to 10.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.
Real-Time Market Profile
| Median List Price | $547,500 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $181 | |
| Average Days on Market | 81 | |
| Median Days on Market | 63 | |
| Price Decreased | 10% | |
| Price Increased | 20% | |
| Relisted | 0% | |
| Inventory | 10 | |
| Median Rent | ||
| Market Action | 39 | |
| Slight Seller's Advantage | ||
We continue to see prices in this zip code hover around their high point. Look for a persistent shift in the Market Action Index before we see prices deviate 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 |
|---|---|---|---|---|---|---|---|---|
| $775,000 | 3,974 | N/A | 3 | 3 | 13 | 0 | 0 | 66 |
| $584,999 | 3,499 | - | 3 | 3 | 0 | 0 | 0 | 94 |
| $525,000 | 3,099 | 6,500 - 8,000 sqft | 3 | 3 | 0 | 0 | 1 | 42 |
| $364,900 | 1,899 | 8,000 - 10,000 sqft | 3 | 2 | 0 | 0 | 0 | 21 |