Property prices for sale in Medon (Tennessee)

The prices in real estate in Medon, in the Tennessee region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$293,273.33
Average price last 6 months
$1,204
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Medon has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $3,857. In the following month the price per sq.feet decreased considerably to $1,225. The price for the following two months in (January, February) had a considerable decrease of 7 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 65 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1,361.25 to $889.5 during March, and April.

Average price

Based upon to the price in Medon (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $291,500. In December This price remains at $298,736. During the following two months (January, February) the price has had an average incrementation from $295,118 to $328,383.5. During the last two months the average price has had a strong fall compared to the previous four going from $311,750.75 to $256,318.5, which means a 82 % fall.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Medon
Number of properties used in region Tennessee
$262,810
$330
130
589,102
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value