Average sale prices of houses in the Southeast United States
The average sale prices of houses in the Southeast United States can vary significantly depending on the specific location within the region, such as the state, city, or even neighborhood. Additionally, housing market conditions, economic factors, and other variables can also impact average sale prices. In other words, these are simply comparative snapshots taken at the same exact time but in many different areas.
To provide you with more accurate and up-to-date information, I recommend consulting real estate market reports or websites that track housing market data for the Southeast United States. Websites such as Zillow, Realtor.com, or Redfin offer comprehensive data on average sale prices, median sale prices, and other relevant metrics for various regions and cities within the Southeast. Some are historically more accurate than others, but that is beyond the scope of this article to address company discrepancies.
You can use these websites to explore specific areas of interest within the Southeast United States and access data on recent home sales, trends, and market forecasts. Additionally, local real estate agents and professionals can provide valuable insights into the housing market conditions in specific areas of the Southeast.
TENNESSEE
Tennessee, located in the Southeastern United States, encompasses diverse housing markets with varying average sale prices depending on factors like city, neighborhood, and property type. Here are some approximate average sale prices for houses in Tennessee:
- Nashville: The average sale price for homes in Nashville was around $350,000 to $400,000, but it can be higher in popular neighborhoods or areas closer to downtown.
- Memphis: In Memphis, the average sale price for homes typically ranged from $150,000 to $200,000, with variations based on neighborhood and property condition.
- Knoxville: The average sale price for homes in Knoxville was approximately $250,000 to $300,000, but prices can vary significantly depending on the area.
- Chattanooga: Chattanooga saw average home sale prices ranging from $200,000 to $250,000, with some neighborhoods commanding higher prices.
- Franklin: Franklin is known for its higher-end real estate market, with average sale prices often exceeding $500,000 to $600,000, especially in desirable neighborhoods.
These figures are approximate and can fluctuate based on market conditions, seasonality, and other factors. For the most accurate and up-to-date information on average sale prices in specific areas of Tennessee, I recommend consulting local real estate market reports, websites, or speaking with a licensed real estate professional familiar with the region.
If you are selling your own house, you may find this free printable transaction journal to be useful.
GEORGIA
Here are approximate average sale prices for houses in various regions of Georgia, a state in the Southeastern United States:
- Atlanta: The average sale price for homes in Atlanta varies widely depending on the neighborhood and property type. In more desirable areas closer to downtown or in affluent suburbs, average prices can range from $300,000 to well over $1 million.
- Metro Atlanta Area: Beyond the city of Atlanta, the average sale price for homes in the broader metro area typically ranges from $250,000 to $400,000, with variations based on location, amenities, and housing type.
- Savannah: In Savannah, average home sale prices generally fall between $200,000 and $400,000, with some neighborhoods commanding higher prices due to historical significance or waterfront views.
- Macon: Macon tends to have more affordable housing compared to larger cities like Atlanta, with average sale prices ranging from $100,000 to $200,000.
- Athens: Home to the University of Georgia, Athens has a diverse housing market with average sale prices typically ranging from $200,000 to $300,000, influenced by factors such as proximity to the university and local amenities.
These figures are approximate and can vary based on factors such as neighborhood, property condition, and market conditions. For the most accurate and up-to-date information on average sale prices in specific areas of Georgia, I recommend consulting local real estate market reports, websites, or speaking with a licensed real estate professional familiar with the region.
MISSISSIPPI
Here are approximate average sale prices for houses in various regions of Mississippi, a state in the Southeastern United States.
- Jackson: The average sale price for homes in Jackson, the capital city, typically ranges from $100,000 to $200,000, with variations based on neighborhood and property type.
- Gulfport-Biloxi: Along the Gulf Coast, in cities like Gulfport and Biloxi, average home sale prices can range from $150,000 to $250,000, influenced by factors such as proximity to the beach and amenities.
- Hattiesburg: In Hattiesburg, home to the University of Southern Mississippi, average sale prices generally fall between $100,000 and $200,000, with variations based on location and housing type.
- Oxford: Oxford, home to the University of Mississippi (Ole Miss), has a diverse housing market with average sale prices typically ranging from $200,000 to $300,000, influenced by factors such as proximity to the university and local amenities.
- Starkville: Starkville, another university town home to Mississippi State University, has average home sale prices ranging from $150,000 to $250,000, with variations based on location and property features.
These figures are approximate and can vary based on factors such as neighborhood, property condition, and market conditions. For the most accurate and up-to-date information on average sale prices in specific areas of Mississippi, I recommend consulting local real estate market reports, websites, or speaking with a licensed real estate professional familiar with the region.
ALABAMA
Here are approximate average sale prices for houses in various regions of Alabama, a state in the Southeastern United States:
- Birmingham: In Birmingham, the largest city in Alabama, average home sale prices typically range from $150,000 to $300,000, with variations based on neighborhood, amenities, and property type.
- Huntsville: Huntsville, known for its technology and aerospace industries, has an average home sale price ranging from $200,000 to $350,000, influenced by factors such as proximity to major employers and local amenities.
- Mobile: Along the Gulf Coast, in cities like Mobile, average home sale prices can range from $150,000 to $300,000, with variations based on proximity to the water, amenities, and property features.
- Montgomery: In Montgomery, the state capital, average home sale prices generally fall between $100,000 and $250,000, with variations based on neighborhood and property type.
- Tuscaloosa: Tuscaloosa, home to the University of Alabama, has average home sale prices ranging from $150,000 to $300,000, with variations based on proximity to the university and local amenities.
These figures are approximate and can vary based on factors such as neighborhood, property condition, and market conditions. For the most accurate and up-to-date information on average sale prices in specific areas of Alabama, I recommend consulting local real estate market reports, websites, or speaking with a licensed real estate professional familiar with the region.
LOUISIANA
Here are approximate average sale prices for houses in various regions of Louisiana, a state in the Southern United States:
- New Orleans: In New Orleans, average home sale prices can vary widely depending on the neighborhood and property type. In desirable areas such as the French Quarter or Garden District, average prices can range from $300,000 to well over $1 million. In other neighborhoods, average prices may range from $200,000 to $400,000.
- Baton Rouge: Baton Rouge, the state capital, has an average home sale price ranging from $200,000 to $300,000, with variations based on location, amenities, and property features.
- Shreveport-Bossier City: In the Shreveport-Bossier City metropolitan area, average home sale prices typically range from $150,000 to $250,000, with variations based on neighborhood and property type.
- Lafayette: Lafayette has an average home sale price ranging from $200,000 to $300,000, influenced by factors such as proximity to major employers in the oil and gas industry and local amenities.
- Lake Charles: Lake Charles has an average home sale price ranging from $150,000 to $250,000, with variations based on location, amenities, and property features.
These figures are approximate and can vary based on factors such as neighborhood, property condition, and market conditions. For the most accurate and up-to-date information on average sale prices in specific areas of Louisiana, I recommend consulting local real estate market reports, websites, or speaking with a licensed real estate professional familiar with the region.
SOUTH CAROLINA
Here are approximate average sale prices for houses in various regions of South Carolina, a state in the Southeastern United States:
- Charleston: In Charleston, one of the state’s most popular tourist destinations, average home sale prices can vary significantly depending on the neighborhood and property type. In historic downtown Charleston and nearby waterfront areas, average prices can range from $400,000 to well over $1 million. In other parts of the metro area, average prices may range from $300,000 to $500,000.
- Columbia: Columbia, the state capital, has an average home sale price ranging from $150,000 to $250,000, with variations based on location, amenities, and property features.
- Greenville-Spartanburg: In the Greenville-Spartanburg metropolitan area, average home sale prices typically range from $200,000 to $300,000, with variations based on neighborhood and property type.
- Myrtle Beach: Myrtle Beach, a popular coastal city known for its tourism and retirement communities, has an average home sale price ranging from $200,000 to $300,000, with variations based on proximity to the beach, amenities, and property features.
- Hilton Head Island: Hilton Head Island, a resort town known for its golf courses and beaches, has an average home sale price ranging from $400,000 to $600,000, with variations based on location, amenities, and property features.
These figures are approximate and can vary based on factors such as neighborhood, property condition, and market conditions. For the most accurate and up-to-date information on average sale prices in specific areas of South Carolina, I recommend consulting local real estate market reports, websites, or speaking with a licensed real estate professional familiar with the region.
KENTUCKY
Here are approximate average sale prices for houses in various regions of Kentucky, a state in the Southern United States:
- Louisville: In Louisville, the largest city in Kentucky, average home sale prices can vary depending on the neighborhood and property type. In desirable neighborhoods like the Highlands or Crescent Hill, average prices can range from $200,000 to $400,000 or more. In other parts of the metro area, average prices may range from $150,000 to $250,000.
- Lexington: Lexington, known as the Horse Capital of the World, has an average home sale price ranging from $200,000 to $300,000, with variations based on location, amenities, and property features.
- Northern Kentucky (including areas like Covington, Newport, and Florence): In the Northern Kentucky region, average home sale prices typically range from $150,000 to $250,000, with variations based on neighborhood and property type.
- Bowling Green: Bowling Green has an average home sale price ranging from $150,000 to $250,000, influenced by factors such as proximity to Western Kentucky University and local amenities.
- Owensboro: Owensboro has an average home sale price ranging from $150,000 to $200,000, with variations based on location, amenities, and property features.
These figures are approximate and can vary based on factors such as neighborhood, property condition, and market conditions. For the most accurate and up-to-date information on average sale prices in specific areas of Kentucky, I recommend consulting local real estate market reports, websites, or speaking with a licensed real estate professional familiar with the region.
FLORIDA
Here are approximate average sale prices for houses in various regions of Florida, a state in the Southeastern United States.
- Miami: In Miami, average home sale prices can vary significantly depending on the neighborhood and property type. In upscale areas like Miami Beach or Coral Gables, average prices can range from $500,000 to well over $1 million. In other parts of the metro area, average prices may range from $300,000 to $500,000.
- Orlando: Orlando, known for its theme parks and tourism, has an average home sale price ranging from $250,000 to $350,000, with variations based on location, amenities, and property features.
- Tampa Bay: In the Tampa Bay area, which includes Tampa, St. Petersburg, and Clearwater, average home sale prices typically range from $250,000 to $350,000, with variations based on neighborhood and property type.
- Jacksonville: Jacksonville, the largest city by area in the contiguous United States, has an average home sale price ranging from $200,000 to $300,000, influenced by factors such as location, amenities, and property features.
- Fort Lauderdale: Fort Lauderdale, known for its boating canals and beaches, has an average home sale price ranging from $400,000 to $600,000, with variations based on proximity to the water, amenities, and property features.
These figures are approximate and can vary based on factors such as neighborhood, property condition, and market conditions. For the most accurate and up-to-date information on average sale prices in specific areas of Florida, I recommend consulting local real estate market reports, websites, or speaking with a licensed real estate professional familiar with the region.
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