Housing Prices in Pelham, TN
How much do homes in Pelham, TN cost?
Median List Price
$424,900
$237/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Summary: The median home list price in Pelham was $424,900 in May 2024, up 6.4% from the previous year, and the median price per square foot was $237.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $225K | $225K | 0.0% |
3 Bedrooms | $259.7K | $385.8K | +48.5% |
4 Bedrooms | $787.4K | $825K | +4.8% |
5+ Bedrooms | - | $850K | N/A |
Summary: Pelham housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 48.5%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes did not change.
Housing Supply in Pelham, TN
How many homes are available in Pelham, TN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Summary: The Pelham real estate market had 6 homes for sale in May 2024, a 50.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 1 | 3 | +200.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Pelham 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 remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Pelham, TN
How long does it take to sell a home in Pelham, TN?
Average Listing Age
May 2023 | May 2024 | CHANGE |
---|---|---|
240 Days | 44 Days | -81.7% |
Summary: Homes in Pelham had an average listing age of 44 days in May 2024, down by 81.7% compared to the previous year.