Cottontown, TN Home Values & Market Trends

Real estate market trends reflect that there have been 94 transactions over the past year in Cottontown. The median value for residential home transactions that occurred over the previous year is $446,356.67. The number of current listings in Cottontown is 5, and the percentage of properties for sale in the city is 5.00%. Cottontown, TN currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 5 properties for sale.

Cottontown, TN Real Estate Market Overview

ZipMedian Est. Value
37048

$ 497,950

$ 237/sqft

Housing Market Summary for Cottontown, TN

Apr 2023March 2024Change
Median Listing Price$569.9K$421.4K-26.06%
Median Sold Price$383.8K$421.4K9.79%
Homes For Sale85-37.50%
Homes Sold435220.93%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Cottontown, TN

Cottontown home values range from $45,495 to $2,836,871. The median estimated value of a home in Cottontown is $446,356.67. The median list price of a home is 419,900, and the total count of properties in the city is 2,429.

Foreclosure
There is 1 zips within Cottontown, TN; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Cottontown, TN with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Cottontown, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Cottontown, TN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Cottontown, TN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Cottontown, TN. There is 1 zips within Cottontown, TN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Cottontown, TN. Auction homes and other auction properties account for 0% of all properties in Cottontown, TN. There is 1 zips within Cottontown, TN; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.21% of residential properties in Cottontown, TN with 37048 containing 5 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Cottontown, TN; homes for sale in that zips, have a range of median values from $933,536 in 37048 to the lowest value of $298,360 in 37048.
    Sold Homes
    The median value for recently sold homes ranges from $1,317,060 in 37048 to the lowest price of $100,335 in 37048. There is 1 zips within Cottontown, TN. 37048 has 54 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.22% of properties in Cottontown, TN.

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      Guide for Cottontown, TN

      Market Reports
      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Tennessee
      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Home Buying Guides & Tips
      Tennessee Foreclosure Laws
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      See More Articles
      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Market Reports|posted 8 March 2024

      The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.

      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Tennessee|posted 23 January 2024

      Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices

      Tennessee Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Tennessee Foreclosure Laws

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      Recently Listed Homes Cottontown, TN

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