Maury County homes sold for less in May, see current median price


The median home in Maury County listed for $469,998 in May, down 2.2% from the previous month’s $480,325, an analysis of data from Realtor.com shows.

Compared to May 2023, the median home list price increased 7.2% from $439,445.

The statistics in this article only pertain to houses listed for sale in Maury County, not houses that were sold. Information on your local housing market, along with other useful community data, is available at data.columbiadailyherald.com.

Homes in the Summerdale community on Thursday, April 4, 2024, in Columbia, Tenn.

Maury County’s median home was 2,069 square feet, listed at $228 per square foot. The price per square foot of homes for sale is down 3.6% from May 2023.

Listings in Maury County moved steadily, at a median 29 days listed compared to the May national median of 44 days on the market. In the previous month, homes had a median of 30 days on the market. Around 248 homes were newly listed on the market in May, a 3.9% decrease from 258 new listings in May 2023.

More: The Enclave to bring ‘first of its kind’ downtown development to Columbia, developer says

More: Downtown Columbia construction ‘changing the landscape’ with four-story apartments

The median home prices issued by Realtor.com may exclude many, or even most, of a market’s homes. The price and volume represent only single-family homes, condominiums or townhomes. They include existing homes, but exclude most new construction as well as pending and contingent sales.

Across the Nashville-Davidson–Murfreesboro–Franklin metro area, median home prices rose to $588,450, slightly higher than a month earlier. The median home had 2,204 square feet, at a list price of $273 per square foot.

Homes prices across the state

In Tennessee, median home prices were $449,995, a slight increase from April. The median Tennessee home listed for sale had 2,034 square feet, with a price of $235 per square foot.

Throughout the United States, the median home price was $442,450, a slight increase from the month prior. The median American home for sale was listed at 1,859 square feet, with a price of $233 per square foot.

The median home list price used in this report represents the midway point of all the houses or units listed over the given period of time. Experts say the median offers a more accurate view of what’s happening in a market than the average list price, which would mean taking the sum of all listing prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high price.

The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu.

This article originally appeared on The Daily Herald: Maury County homes sold for less in May, see median price

Signup bonus from $125 to $3000 | Signup now Football & Online Casino

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

You Might Also Like: