Pinson, TN Home Values & Market Trends
Real estate market trends reflect that there have been 26 transactions over the past year in Pinson. The median value for residential home transactions that occurred over the previous year is $167,145.33. The number of current listings in Pinson is 6, and the percentage of properties for sale in the city is 6.00%. Pinson, TN currently has 2 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 6 properties for sale.
Pinson, TN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 38366 | $ 155,334 $ 109/sqft |
Housing Market Summary for Pinson, TN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $189.9K | $220K | 15.87% |
| Median Sold Price | $160K | $220K | 37.52% |
| Homes For Sale | 3 | 7 | 133.33% |
| Homes Sold | 18 | 12 | -33.33% |
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 Pinson, TN
Browse Homes in Pinson, TN
Pinson home values range from $26,044 to $2,513,825. The median estimated value of a home in Pinson is $167,145.33. The median list price of a home is 159,117, and the total count of properties in the city is 877.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Pinson, 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 Pinson, 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 Pinson, TN ranges from the highest value of $155,334 in 38366 to the lowest value of $155,334 in 38366. Bank owned homes and properties account for 0.11% of properties in Pinson, TN. There is 1 zips within Pinson, TN; 38366 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions38366 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Pinson, TN. Auction homes and other auction properties account for 0.11% of all properties in Pinson, TN. There is 1 zips within Pinson, TN; of that zips, the median estimated home value for homes going to auction ranges from $156,672 in 38366 to the lowest value of $156,672 in 38366.
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Guide for Pinson, 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