March 2024

Mulberry Housing Market Report Lincoln County, Tennessee

Report Updated 23 Days Ago

Housing Prices in Mulberry, TN

How much do homes in Mulberry, TN cost?

Median List Price

$497,450

$297/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$172,450(+53.1%)

Key Takeaway

The list price of homes in Mulberry has increased by 53.1% since last year.

Summary: The median home list price in Mulberry was $497,450 in March 2024, up 53.1% from the previous year, and the median price per square foot was $297.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Mar 2023	Mar 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	$144.5K	-	N/A
3 Bedrooms	$312.4K	$347.5K	+11.2%
4 Bedrooms	$1.6M	$599.9K	-64.0%
5+ Bedrooms	-	-	N/A

Summary: Mulberry housing prices by bedroom type for March 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 11.2%, 4 bedroom homes decreased by 64%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

CITY	Mar 2023	Mar 2024	CHANGE
Mulberry	$325K	$497.4K	+53.1%
Belvidere	$264.9K	$329K	+24.2%
Lynchburg	$398.9K	$474.9K	+19.0%
Kelso	$357K	$285K	-20.2%

Housing Supply in Mulberry, TN

How many homes are available in Mulberry, TN?

Number of Homes For Sale

Feb 2024	Mar 2024	CHANGE
2	2	0.0%

Summary: The Mulberry real estate market had 2 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Feb 2024	Mar 2024	CHANGE
1 Bedroom	0	0	0.0%
2 Bedrooms	0	0	0.0%
3 Bedrooms	2	1	-50.0%
4 Bedrooms	0	1	+100.0%
5+ Bedrooms	0	0	0.0%

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

Days on Market for Mulberry, TN

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

Average Listing Age

Mar 2023	Mar 2024	CHANGE
250 Days	71 Days	-71.5%

Summary: Homes in Mulberry had an average listing age of 71 days in Mar 2024, down by 71.5% compared to the previous year.

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

Report Updated 23 Days Ago

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Newest Listings in Mulberry, TN

What homes are available in Mulberry, TN?

See More Listings

$279,000

Land

35.05 Acres

758 Lynchburg Hwy, Mulberry TN, 37359

Brent Webb

Listing Office:

Southern Tennessee Realty

#2645679

Backup Offers

$464,900

$5,521 Closing Credit

2,074 SqFt

345 Wabash Rd, Mulberry TN, 37359

Eason Syler

Listing Office:

Blackwell Realty and Auction

#2626381

3 bedrooms, 1 full bath, 1 partial house for sale

$530,000

$6,294 Closing Credit

1 Full, 1 Partial

1,262 SqFt

348 Rick Garland Rd, Mulberry TN, 37359

Leann Uselton

Listing Office:

PARKS

#2602280

Nearby Markets to Mulberry, TN

What housing markets are near Mulberry, TN?

MLS Disclaimers and Copyright

Based on information from RealTracs Middle Tennessee Regional MLS for the period 04/01/2022 - 04/01/2024

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: 4/24/2024, 1:18:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.