Market report, updated

Palmer Hts Sec 7 Home Values and Market Report

Search in the subdivision of Palmer Hts Sec 7

Create your own market report
Mercer Group LLC logo
Report prepared by Mercergrouprealtors.com Mercer Group LLC

Market at a glance

Over the last 12 months, homes sold for 101.7% of list price in 4 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $400K Sold · $420K
$610K$540K$470K$400K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 1 sale in Mar. Last month: 0.

Where the market stands

All homes in this report, by status.

3homes
Active1 · 33%
Sold (12 mo)2 · 67%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

6.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$500K
Sold$505K

Average days on market

Active53 days
Sold4 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 1
Average list price $500,000
Avg. days on market 53 days
Avg. price per ft² $187
Avg. living area 2,666 ft²
Avg. beds / baths 3.0 / 3.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$600K$400K$200K$0

Price vs. living area: 1 home plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 1 home in this status.

2814 Archer Ave$187

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2814 Archer AveMurfreesboro, TN 37129 332,666$500,000$18753 days
Mercer Group LLC logo

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Mercergrouprealtors.com Mercer Group LLC

Next steps

How much is your home worth?

...get instant property value now!

Free and instant. We can follow up with a detailed valuation.

board logo

Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.