38023 Real Estate Market

38023 Market

The median sale price for homes in 38023 over the last 12 months is $104,250.


The median mortgage debt is $81,048.

Additional Statistics for Single Family Homes and Condos in Drummonds, TN
$159,950
Median Listing Price
53
Median Days on Market
16
Active Listings
Not Available
Distressed Listings
(foreclosures and short sales)
38023 (Drummonds, TN) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Drummonds is $159,950. The list prices dropped by -3.03% from the previous month.

The median sale price in January for single family homes is $91,375. The sale prices increased by 17.71% from the previous month.

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38023 (Drummonds, TN) Market Inventory Trends

The number of active listings in Drummonds increased by 14.3% from the previous month.

The median number of days active properties have been listed is 53. This is significantly shorter than the national average.

The number of sales in January dropped by 66.7% from the previous month.

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38023 (Drummonds, TN) Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.