Property prices for sale in Tennessee region

The average price in the Tennessee region has had a strong decrease in recent months. There has been a strong deflation in the prices in this region.

$510,906
Average price last 6 months
$316.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Tennessee has risen considerably in the last 6 months. During September, the average price per sq.feet was $612. The following month (October) the price had a considerable deflation reaching $262 per sq.feet. The following two months (November, December) went through a considerable deflation of 60 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant decrease of 72 %. This has been obtained by comparing the price of $349.25 for the first four months of the sample with regard to the previous 4 months and the price of $250.5 per sq.feet for the last two months (January, February).

Average price

Based upon to the price in Tennessee (region), this has decreased in the last 6 months. September has an average price of $567,426. During October the price had a strong deflation till $475,030. In the following two months the average price didn't change much compared to the previous two going from $521,228 to $498,123.5. During the last two months the average price has remained stagnant and has gone from $509,675.75 to $513,366.5 during January and February.

Average price per bedrooms

The graph displaying the the average price per number of bedrooms shows that those with 2 bedrooms are the cheapest ones. They are 29 % more affordable than the average price in Tennessee followed by those with 1 with an average price of $389,668. The most costly properties have 4 bedrooms. They are 28 % more expensive than the average followed by those properties with 3 bedrooms priced at $432,795.

Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $225 / sq.feet being $248 / sq.feet the average value within the Tennessee region. The properties with the most expensive average price are those with 1 bedroom. These are 108 % more costly than the average followed by those with 2 bedrooms with a price of $324 / 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 $520,010 it is 79 % more affordable than the average in Tennessee. This is followed by "Townhouse" with a price of $370,073. The dearest property type is "Detached House" and is 52 % more expensive than the average, followed by "Commercial" with a cost of $567,516.

Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $184 / sq.feet, followed by "Townhouse" with a price of $232 / sq.feet. "Land" with an average price of $1,038 / sq.feet is the most costly type of property followed by "Condo" at a price of $382 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in region Tennessee
$520,010
$248
705,992
** 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 Columbia, Tn. 3 Bed, 2 Bath
 47
Brand New Home In Columbia, Tn. 3 Bed, 2 Bath
$544,713
Columbia, Tennessee - For Sale - House - 1,950 sq.feet - 3 bedrooms - 2 bathrooms
This new construction, quick delivery home is the decker plan by richmond american homes, and is located in the community of the ridge at carter's station at...
Brand New Home In Columbia, Tn. 4 Bed, 2 Bath
 34
Brand New Home In Columbia, Tn. 4 Bed, 2 Bath
$564,583
Columbia, Tennessee - For Sale - House - 2,490 sq.feet - 4 bedrooms - 3 bathrooms
This new construction, quick delivery home is the hemingway plan by richmond american homes, and is located in the community of the ridge at carter's station...
Brand New Home In Smyrna, Tn. 4 Bed, 3 Bath
 80
Brand New Home In Smyrna, Tn. 4 Bed, 3 Bath
$619,990
Smyrna, Tennessee - For Sale - House - 2,750 sq.feet - 4 bedrooms - 4 bathrooms
This new construction, quick delivery home is the riverwood plan by david weekley homes, and is located in the community of the glades at cedar hills at 906...
Brand New Home In Columbia, Tn. 4 Bed, 2 Bath
 34
Brand New Home In Columbia, Tn. 4 Bed, 2 Bath
$541,110
Columbia, Tennessee - For Sale - House - 2,490 sq.feet - 4 bedrooms - 3 bathrooms
This new construction, quick delivery home is the hemingway plan by richmond american homes, and is located in the community of the ridge at carter's station...
3 Bed, 2 Bath New Home Plan In Smyrna, Tn
 36
3 Bed, 2 Bath New Home Plan In Smyrna, Tn
$519,990
Smyrna, Tennessee - For Sale - House - 2,198 sq.feet - 3 bedrooms - 2 bathrooms
This to-be-built home is the graystone plan by david weekley homes, and is located in the community of the glades at cedar hills. Special offer!: buy now, get...