April 2024

Pelham Housing Market Report Grundy County, Tennessee

Report Updated 10 Days Ago

Housing Prices in Pelham, TN

How much do homes in Pelham, TN cost?

Median List Price

$424,900

$239/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$25,400(+6.4%)

Key Takeaway

The list price of homes in Pelham has increased by 6.4% since last year.

Summary: The median home list price in Pelham was $424,900 in April 2024, up 6.4% from the previous year, and the median price per square foot was $239.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Apr 2023	Apr 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	$225K	$225K	0.0%
3 Bedrooms	$259.7K	$424.9K	+63.6%
4 Bedrooms	$787.4K	$849.9K	+7.9%
5+ Bedrooms	-	-	N/A

Summary: Pelham housing prices by bedroom type for April 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 63.6%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

CITY	Apr 2023	Apr 2024	CHANGE
Monteagle	$419.9K	$517.4K	+23.2%
Monteagle	$494.8K	$529.9K	+7.1%
Pelham	$399.5K	$424.9K	+6.4%
Hillsboro	$325K	$337K	+3.7%

Housing Supply in Pelham, TN

How many homes are available in Pelham, TN?

Number of Homes For Sale

Mar 2024	Apr 2024	CHANGE
3	4	+33.3%

Summary: The Pelham real estate market had 4 homes for sale in April 2024, a 33.3% 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	2	2	0.0%
5+ Bedrooms	0	0	0.0%

Summary: The Pelham 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 Pelham, TN

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

Average Listing Age

Apr 2023	Apr 2024	CHANGE
240 Days	77 Days	-67.8%

Summary: Homes in Pelham had an average listing age of 77 days in Apr 2024, down by 67.8% compared to the previous year.

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

Report Updated 10 Days Ago

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Newest Listings in Pelham, TN

What homes are available in Pelham, TN?

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Nearby Markets to Pelham, TN

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MLS Disclaimers and Copyright

Based on information from RealTracs Middle Tennessee Regional MLS for the period 05/01/2022 - 05/01/2024

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: 5/10/2024, 7:18:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.