Housing Prices in Morris Chapel, TN

How much do homes in Morris Chapel, TN cost?

Median List Price

$239,000

$169/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

-$50,900(-17.6%)

Key Takeaway

The list price of homes in Morris Chapel has decreased by 17.6% since last year.

Summary: The median home list price in Morris Chapel was $239,000 in May 2024, down 17.6% from the previous year, and the median price per square foot was $169.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $107.4K$167.9K
+56.3%
2 $289.9K$259K
-10.7%
3 $167.5K$199.4K
+19.1%
4 $299.9K$510K
+70.0%
5+ $549.9K$432.4K
-21.4%

Summary: Morris Chapel housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56.3%, 2 bedroom homes decreased by 10.7%, 3 bedroom homes increased by 19.1%, 4 bedroom homes increased by 70%, and 5+ bedroom homes decreased by 21.4%.

Median List Price Compared To Nearby Cities

Adamsville
-4.0%
Morris Chapel
-17.6%

Housing Supply in Morris Chapel, TN

How many homes are available in Morris Chapel, TN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
78+14.3%

Summary: The Morris Chapel real estate market had 8 homes for sale in May 2024, a 14.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 01
+100.0%
3 21
-50.0%
4 22
0.0%
5+ 12
+100.0%

Summary: The Morris Chapel housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Days on Market for Morris Chapel, TN

How long does it take to sell a home in Morris Chapel, TN?

Average Listing Age

May 2023May 2024CHANGE
817 Days954 Days+16.7%

Summary: Homes in Morris Chapel had an average listing age of 954 days in May 2024, up by 16.7% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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Newest Listings in Morris Chapel, TN

Nearby Markets to Morris Chapel, TN

What housing markets are near Morris Chapel, TN?

MLS Disclaimers and Copyright

Based on information from Memphis MLS, and RealTracs Middle Tennessee Regional MLS for the period 06/01/2022 - 06/01/2024

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2024, 8:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2024, 12:48:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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