Hornbeak, TN Home Values & Market Trends
Real estate market trends reflect that there have been 31 transactions over the past year in Hornbeak. The median value for residential home transactions that occurred over the previous year is $107,355.75. The number of current listings in Hornbeak is 5, and the percentage of properties for sale in the city is 5.00%. Hornbeak, TN currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 5 properties for sale.
Hornbeak, TN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 38232 | $ 176,427 $ 158/sqft |
Housing Market Summary for Hornbeak, TN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $150K | $77,894.5 | -48.07% |
| Median Sold Price | $87,927 | $77,894.5 | -11.41% |
| Homes For Sale | 1 | 5 | 400.00% |
| Homes Sold | 20 | 15 | -25.00% |
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 Hornbeak, TN
Browse Homes in Hornbeak, TN
Hornbeak home values range from $12,440 to $1,706,725. The median estimated value of a home in Hornbeak is $107,355.75. The median list price of a home is 199,999, and the total count of properties in the city is 962.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Hornbeak, 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 Hornbeak, 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 Hornbeak, 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 Hornbeak, TN. There is 1 zips within Hornbeak, 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 Hornbeak, TN. Auction homes and other auction properties account for 0% of all properties in Hornbeak, TN. There is 1 zips within Hornbeak, 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.
Compare Nearby Cities
More Real Estate Resources for Hornbeak, TN
Guide for Hornbeak, TN
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
Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?