Dayton, TN

Dayton, Tennessee is a city located in the southwestern corner of the state. The population was estimated to be around 97,000 in 2015. Dayton is known for its manufacturing and agricultural industries. The city has seen a recent resurgence in real estate activity, with prices for homes and condos reaching all-time highs.

The Dayton market is dominated by single-family homes and condos. There are also a few townhomes and apartments available, but they are in much smaller numbers. The majority of properties are owner-occupied, although there is some rental activity as well.

The median price of a home in Dayton was $141,500 in 2016. This represents an increase of over 20% from the previous year’s median price of $120,000. Condo prices were even higher at $160,000 on average. Sales volumes have been strong throughout the market cycle, with more than 1,000 homes sold each year since 2012.