Meigs County, TN Home Values & Market Trends
The median home price in Meigs County, TN is $267,445.23. There were 170 home sales in Meigs County, TN over the past 12 months. The median residential Meigs County, TN home value for transactions over the previous year is $130,000. The number of current listings in Meigs County, TN is 22, and the percentage of properties for sale is 22.00%. The county has 13 foreclosures, 3 bank owned properties, 10 headed for auction, and 22 properties for sale.
Meigs County, TN Real Estate Market Overview
City | Median Est. Value | City | Median Est. Value |
---|---|---|---|
Ten Mile | $ 624,900 $ 243/sqft | Georgetown | $ 419,962 $ 195/sqft |
Decatur | $ 309,434 $ 248/sqft |
Housing Market Summary for Meigs County, TN
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $299.4K | $245.3K | -18.09% |
Median Sold Price | $150K | $245.3K | 63.52% |
Homes For Sale | 17 | 21 | 23.53% |
Homes Sold | 114 | 108 | -5.26% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Meigs County, TN
Browse Homes in Meigs County, TN
Meigs County, TN home values range from $17,050 to $3,102,073. Ten Mile is the priciest city with a median listing home price of $586,950, and Decatur is most affordable with average house prices of around $249,950.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Meigs County, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 3 cities within Meigs County, TN; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Meigs County, TN ranges from the highest value of $158,823 in Decatur to the lowest value of $45,772 in Decatur. Bank owned homes and properties account for 0.06% of properties in Meigs County, TN. There are 3 cities within Meigs County, TN; Decatur containing 2 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsDecatur has 7 auction properties, the highest number of properties going to auction in a single city in the state of Meigs County, TN. Auction homes and other auction properties account for 0.19% of all properties in Meigs County, TN. There are 3 cities within Meigs County, TN; of those cities, the median estimated home value for homes going to auction ranges from $434,973 in Ten Mile to the lowest value of $128,249 in Ten Mile.
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More Real Estate Resources for Meigs County, TN
Guide for Meigs County, TN
The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.
The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.
Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices
Tennessee Foreclosure Laws