Elmwood, TN Home Values & Market Trends
Real estate market trends reflect that there have been 17 transactions over the past year in Elmwood. The median value for residential home transactions that occurred over the previous year is $244,610.33. The number of current listings in Elmwood is 0, and the percentage of properties for sale in the city is 0.00%. Elmwood, TN currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 0 properties for sale.
Elmwood, TN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 38560 | $ -- $ -- |
Housing Market Summary for Elmwood, TN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $467.4K | $200.8K | -57.03% |
| Median Sold Price | $179.5K | $200.8K | 11.87% |
| Homes For Sale | 2 | 1 | -50.00% |
| Homes Sold | 13 | 13 | - |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Elmwood, TN
Browse Homes in Elmwood, TN
Elmwood home values range from $28,655 to $2,884,246. The median estimated value of a home in Elmwood is $244,610.33. The median list price of a home is 0, and the total count of properties in the city is 483.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Elmwood, 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 Elmwood, 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 OwnedThe median estimated home value of bank owned homes (REO properties) in Elmwood, 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 Elmwood, TN. There is 1 zips within Elmwood, TN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Elmwood, TN. Auction homes and other auction properties account for 0% of all properties in Elmwood, TN. There is 1 zips within Elmwood, 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.
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More Real Estate Resources for Elmwood, TN
Guide for Elmwood, TN
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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.
Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices
Tennessee Foreclosure Laws