Property prices for sale in Tennessee region

The average price in the Tennessee region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.

$486,310.33
Average price last 6 months
$222.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Tennessee has increased strongly in the last 6 months. During February, the average price per sq.feet was $186. The following month (March) the price increased to $212 per sq.feet. The following two months (April, May) went through an increase of 110 % in the price per sq.feet rising from $199 to $218.5 per sq.feet. In the last two months, the price per sq.feet has had a significant increase of 120 %. This has been obtained by comparing the price of $208.75 for the first four months of the sample with regard to the previous 4 months and the price of $249.5 per sq.feet for the last two months (June, July).

Average price

Based upon to the price in Tennessee(region), this has increased considerably in the last 6 months. In the first month sample for February the average price is $397,835. During March it went through a strong inflation reaching $476,026 The average price for the following two months (April, May) increased from $436,930.5 to $476,607.5. During the last two months the price has had a considerable increase of 119 % with respect to the previous four months going from $456,769 a $545,393.

Average price per bedrooms

The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 42 % more affordable than the average price in Tennessee followed by those with 2 with an average price of $383,305. The most costly properties have 4 bedrooms. They are 28 % more expensive than the average followed by those properties with 3 bedrooms priced at $437,439.

Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $228 / sq.feet being $253 / sq.feet the average value within the Tennessee region. The properties with the most expensive average price are those with 1 bedroom. These are 48 % more costly than the average followed by those with 2 bedrooms with a price of $277 / sq.feet.

Price per property type

The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $565,479 it is 43 % more affordable than the average in Tennessee. This is followed by "Townhouse" with a price of $376,084. The dearest property type is "Commercial" and is 11 % more expensive than the average, followed by "House" with a cost of $572,114.

Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $187 / sq.feet, followed by "Townhouse" with a price of $236 / sq.feet. "Land" with an average price of $12,948 / sq.feet is the most costly type of property followed by "Condo" at a price of $332 / sq.feet.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in region Tennessee
$565,479
$253
208,150
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Brand New Home In Memphis, Tn. 3 Bed, 2 Bath
 16
Brand New Home In Memphis, Tn. 3 Bed, 2 Bath
$336,900
Memphis, Tennessee - For Sale - House - 1,922 sq.feet - 3 bedrooms - 2 bathrooms
This new construction, quick delivery home is the brunswick village c plan by regency homebuilders, and is located in the community of the brunswick village at...
Brand New Home In Memphis, Tn. 2 Bed, 2 Bath
 14
Brand New Home In Memphis, Tn. 2 Bed, 2 Bath
$335,900
Memphis, Tennessee - For Sale - House - 1,739 sq.feet - 2 bedrooms - 2 bathrooms
This new construction, quick delivery home is the brunswick village d plan by regency homebuilders, and is located in the community of the brunswick village at...
Brand New Home In White House, Tn. 3 Bed, 2 Bath
 23
Brand New Home In White House, Tn. 3 Bed, 2 Bath
$584,990
White House, Tennessee - For Sale - House - 2,233 sq.feet - 3 bedrooms - 3 bathrooms
This new construction, quick delivery home is the newman plan by david weekley homes, and is located in the community of the reserve at palmers crossing at 500...
Brand New Home In Nolensville, Tn. 4 Bed, 4 Bath
 21
Brand New Home In Nolensville, Tn. 4 Bed, 4 Bath
$899,990
Nolensville, Tennessee - For Sale - House - 2,645 sq.feet - 4 bedrooms - 4 bathrooms
This new construction, quick delivery home is the keegan plan by david weekley homes, and is located in the community of the annecy cottages at 4050 addie...
Brand New Home In Nolensville, Tn. 4 Bed, 4 Bath
 21
Brand New Home In Nolensville, Tn. 4 Bed, 4 Bath
$924,990
Nolensville, Tennessee - For Sale - House - 2,572 sq.feet - 4 bedrooms - 4 bathrooms
This new construction, quick delivery home is the keegan plan by david weekley homes, and is located in the community of the annecy cottages at 4058 addie...