Pelham, TN

Pelham is a small town located in Williamson County, Tennessee. The population was 10,827 as of the 2010 census. Pelham is home to a number of businesses and attractions, including the Pelham Civic Center and the Williamson County Fairgrounds. The town's economy is based largely on its real estate industry.

The real estate market in Pelham has seen steady growth over the past few years. In fact, according to Zillow, the median sale price in Pelham was $239,000 as of September 2017. This high median price reflects both the demand for property in Pelham and the relatively low supply of available properties. As a result, Pelham residents have had to compete for scarce housing resources with people from across Tennessee and other parts of the United States.

Despite this competition, however, Pelham's real estate market appears to be stable overall. The town's population has remained relatively stable over the past few years (although it has grown by about 1% since 2010), and there does not appear to be any significant development planned for Pelham that would drive up prices significantly. In short, while there may be some pressure on housing resources in Pelham right now due to high demand from buyers and limited availability, it seems likely that prices will remain relatively stable over time.