Decherd, TN Home Values & Market Trends
Real estate market trends reflect that there have been 116 transactions over the past year in Decherd. The median value for residential home transactions that occurred over the previous year is $207,950.47. The number of current listings in Decherd is 7, and the percentage of properties for sale in the city is 7.00%. Decherd, TN currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 7 properties for sale.
Decherd, TN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 37324 | $ 120,800 $ 85/sqft |
Housing Market Summary for Decherd, TN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $199.9K | $195.7K | -2.08% |
| Median Sold Price | $197.9K | $195.7K | -1.09% |
| Homes For Sale | 7 | 7 | - |
| Homes Sold | 50 | 44 | -12.00% |
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 Decherd, TN
Browse Homes in Decherd, TN
Decherd home values range from $18,836 to $1,106,033. The median estimated value of a home in Decherd is $207,950.47. The median list price of a home is 199,900, and the total count of properties in the city is 1,978.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Decherd, 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 Decherd, 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 Decherd, 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 Decherd, TN. There is 1 zips within Decherd, TN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions37324 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Decherd, TN. Auction homes and other auction properties account for 0.05% of all properties in Decherd, TN. There is 1 zips within Decherd, TN; of that zips, the median estimated home value for homes going to auction ranges from $195,437 in 37324 to the lowest value of $195,437 in 37324.
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Guide for Decherd, TN
The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of 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.
Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices
Tennessee Foreclosure Laws