Why Tennessee real estate sales have jumped, even as the state’s unemployment rate remains low

Tulsa’s median home price is $2.2 million, the highest in the state.

However, the median sale price of a single-family home in the metro area in March was $2,846,958, the data show.

The median sale value of a home in Nashville rose from $1.7 million in February to $1,933,717 in March.

Sales of condos rose more than 5 per cent from a year earlier to $4.4 million, while sales of townhouses and condos dropped 1 per cent to $6.3 million.

The average price of single- and multi-family homes increased from $2 million to $2 and $3 million, respectively.