Columbia-area homes for sale steady at $460,000 median price
A normal Maury County home stated for $460,000 in October, unchanged from a thirty day period earlier, an investigation of information from Real estate agent.com demonstrates.
The median list home cost in Oct was up about 15.3% from Oct 2021. Maury County’s median household was 2,144 sq. feet for a shown cost of $232 for each square foot.
The Maury County sector was chaotic, with a median 36 days on marketplace. A month previously, households experienced a median 36 days on sector. The market place included 264 new dwelling listings in October, in contrast with the 236 additional in Oct 2021. The market ended the thirty day period with some 437 listings of households for sale.
High fascination fees are generating home loan payments additional high-priced. With prevailing home finance loan costs and 20% down, the home loan payment on Maury County’s median house would cost $2,468 for each month, not together with insurance policy, closing expenses, house owner association dues or other charges, in accordance to a United states of america Nowadays Network investigation. A month before, the median residence mortgage loan would have price $2,375. A 12 months earlier, the median house home finance loan would have price $1,370.
The median residence costs issued by Real estate agent.com may possibly exclude a great deal, or even most, of a market’s households. The selling price and quantity symbolize only households that are single-family members homes, condominiums or townhomes. They contain current properties, but exclude most new development as effectively as pending and contingent revenue.
Information and facts on your area housing market place is readily available by way of the Usa Nowadays Community, with far more facts from Real estate agent.com.
Throughout metro Nashville, median home rates fell to $525,000, down .7% from a month previously. The median residence experienced 2,194 square toes, at a record cost of $248 for each square foot.
Throughout all of Tennessee, median property costs were $425,000, identical to the earlier thirty day period. The median Tennessee home for sale had 2,085 square feet at listing price of $216 for every square foot.
Throughout the United States, median home price ranges ended up $425,000, down .5% from a month earlier. The median American household for sale had 1,876 sq. ft, outlined at $218 for each square foot.
The median house record price — the halfway issue of all the residences or units listed in excess of a period of time — is employed additional often in this report instead of the normal house checklist price tag since gurus say the median presents a more exact look at of what is taking place in a sector. In obtaining the normal value, all costs of homes outlined are included and then divided by the variety of properties offered. This measure can be skewed by a single very low or superior cost.
The United states of america Today Community is publishing localized variations of this story on its news web sites throughout the country, generated with information from the Realtor.com household listings databases. The story was created by Mike Stucka and Sean Lahman.