3 days on Rocket
$5,166 Closing Credit¹
#10194729, Listing Office: Coldwell Banker Collins-Maury
High Point Terrace Housing Market Report March 2025•Shelby County, Tennessee
Housing Prices in High Point Terrace, TN
How much do homes in High Point Terrace, TN cost?
Housing Market Conditions
Is High Point Terrace, TN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
High Point Terrace is a Neutral Market
Difference Since February 2025
Last month, High Point Terrace was a Buyer's Market.
Insight
High Point Terrace is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$413,500–
+$38,500
+10.3%
Based on all homes sold in March 2025
Insight
Homes in High Point Terrace have sold for 10.3% more than they did a month ago.
Summary: The median home sold price in High Point Terrace was $413,500 in March 2025, up 10.3% from last month, and the median price per square foot was $0.
Median Sold Price By Neighborhoods
| City | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| Berclair | $150K | $172.5K | +15.0% |
| High Point Terrace | $375K | $413.5K | +10.3% |
| Grahamwood | $215.5K | $121.2K | -43.7% |
Median Sold Price By Bedrooms
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $245K | $283K | +15.5% |
| 33 Bedrooms | $375K | $492.8K | +31.4% |
| 44 Bedrooms | $622.5K | $456.9K | -26.6% |
| 55+ Bedrooms | - | - | N/A |
Summary: High Point Terrace housing price by bedroom type for March 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +15.5%. The home price for 3 bedroom homes increased by +31.4%. The home price for 4 bedroom homes decreased by -26.6%. The home price for 5 bedroom homes did not change.
How does High Point Terrace, TN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
High Point Terrace, TN
Housing supply in High Point Terrace, TN
How many homes are available in High Point Terrace, TN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 41Last MonthMar 2025 | ||
| 322 months agoFeb 2025 | +28.1 % Change MoMFeb – Mar |
Summary: The High Point Terrace real estate market had 41 homes for sale in Mar 2025, a 28.1 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthMar 2025 | ||
| 32 months agoFeb 2025 | +100.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 9 | 14 | +55.6% |
| 33 Bedrooms | 18 | 22 | +22.2% |
| 44 Bedrooms | 5 | 4 | -20.0% |
| 55+ Bedrooms | 0 | 1 | +100.0% |
Summary: High Point Terrace housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +55.6%. The inventory for 3 bedroom homes increased by +22.2%. The inventory for 4 bedroom homes decreased by -20.0%. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in High Point Terrace, TN cost?
Over Asking Price3 Homes
At Asking Price2 Homes
Under Asking Price1 Home
Insight
If you're buying a home in High Point Terrace, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in High Point Terrace in March 2025, up by 100.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and and 50% were sold over asking.
Days on Market for High Point Terrace, TN
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in High Point Terrace, TN
What homes are available in High Point Terrace, TN?
Nearby markets
Popular Cities with Homes for Sale in Tennessee
- Homes for sale in Brentwood, TN
- Homes for sale in Bristol, TN
- Homes for sale in Chattanooga, TN
- Homes for sale in Clarksville, TN
- Homes for sale in Cleveland, TN
- Homes for sale in Collierville, TN
- Homes for sale in Columbia, TN
- Homes for sale in Cookeville, TN
- Homes for sale in Franklin, TN
- Homes for sale in Greeneville, TN
- Homes for sale in Hendersonville, TN
- Homes for sale in Jackson, TN
- Homes for sale in Johnson City, TN
- Homes for sale in Kingsport, TN
- Homes for sale in Knoxville, TN
- Homes for sale in Lebanon, TN
- Homes for sale in Maryville, TN
- Homes for sale in Memphis, TN
- Homes for sale in Murfreesboro, TN
- Homes for sale in Nashville, TN
- Homes for sale in Sevierville, TN
MLS Disclaimers and Copyright
Based on information from Memphis MLS, for the period 02/01/2025 - 04/01/2025
Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2025, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2025, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.