$3,741 Closing Credit*
$315,000
3 Beds
•2 Full Baths
Listing Office: Sowell, Realtors
Housing Prices in Medical District, TN
How much do homes in Medical District, TN cost?
Median List Price
$287,450
-
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$17,550(+6.5%)
Key Takeaway
The list price of homes in Medical District has increased by 6.5% since last year.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $235K | $254K | +8.1% |
| 4 Bedrooms | $309.9K | $401.5K | +29.6% |
| 5+ Bedrooms | $595K | $518.9K | -12.8% |
Summary: Medical District housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 29.6%, and 5+ bedroom homes decreased by 12.8%.
Median List Price Compared To Nearby Neighborhoods
| Medical District | $269.9K | $287.4K | +6.5% |
| Klondyke | $89K | $92.4K | +3.9% |
| Evergreen Historic District | $402.5K | $390K | -3.1% |
| Central Gardens | $462.4K | $447.5K | -3.2% |
Housing Supply in Medical District, TN
How many homes are available in Medical District, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Summary: The Medical District real estate market had 12 homes for sale in October 2024, a 33.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Medical District housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for Medical District, TN
How long does it take to sell a home in Medical District, TN?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 730 Days | 256 Days | -65.0% |
Summary: Homes in Medical District had an average listing age of 256 days in Oct 2024, down by 65% compared to the previous year.
