Housing Prices in Merritt Downs, TN
How much do homes in Merritt Downs, TN cost?
Median List Price
$549,999
$224/sqft
Based on all homes listed in April 2024.
Difference Since Last Month
Key Takeaway
The list price of homes in Merritt Downs has decreased by 3.9% since March.
Summary: The median home list price in Merritt Downs was $549,999 in April 2024, down 3.9% from the previous month, and the median price per square foot was $224.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $600K | $574.9K | -4.2% |
| 4 Bedrooms | $545K | $545K | 0.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Merritt Downs housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Neighborhoods
| Lexington / Fox Run | $290K | $293.5K | +1.2% |
| Woodside Lake Country | $229.9K | $229.9K | 0.0% |
| Merritt Downs | $572.5K | $549.9K | -3.9% |
Housing Supply in Merritt Downs, TN
How many homes are available in Merritt Downs, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Summary: The Merritt Downs real estate market had 3 homes for sale in April 2024, a 50.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Merritt Downs housing inventory by bedroom type for April 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 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Merritt Downs, TN
How long does it take to sell a home in Merritt Downs, TN?
Average Listing Age
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 Days | 29 Days | +249.0% |
Summary: Homes in Merritt Downs had an average listing age of 29 days in Apr 2024, up by 249% compared to the previous month.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.