Bryan Realty

Rossville, TN 38066

Single-Family Homes

Market Report / michael@bryanrealty.com


Rossville, TN 38066

Mon Oct 03 2022
This week the median list price for Rossville, TN 38066 is $619,950 with the market action index hovering around 30. This is less than last month's market action index of 36. Inventory has increased to 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 Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Rossville, TN 38066

Mon Oct 03 2022
This week the median list price for Rossville, TN 38066 is $619,950 with the market action index hovering around 30. This is less than last month's market action index of 36. Inventory has increased to 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 Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Rossville market.
Median List Price $619,950
Median Price of New Listings $609,900
Per Square Foot $183
Average Days on Market 89
Median Days on Market 91
Price Decreased 38%
Price Increased 13%
Relisted 6%
Inventory 16
Median Rent
Market Action 30
Slight Seller's Advantage

We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-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
$957,500 4,074 10 - 20 acres 4 3.5 17 0 0 136
$706,850 3,874 0.5 - 1 acre 4 3.5 12 0 0 105
$604,900 3,099 0.25 - 0.5 acre 4 3.5 2 1 0 84
$544,900 2,999 8,000 - 10,000 sqft 3 3 7 0 0 56