$10,000 Closing Credit*
$895,000
4,117 SqFt
3 Beds
•2 Full Baths
Asher Black, Listing Office: Greater Downtown Realty dba Keller Williams Realty
Is Mc Donald, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Mc Donald was a Buyer's Market.
Key Takeaway
Mc Donald is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Mc Donald, TN
How much do homes in Mc Donald, TN cost?
Median Sold Price
$510,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$25,000(+5.2%)
Key Takeaway
Homes in Mc Donald have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Mc Donald was $510,000 in September 2024, up 5.2% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $220K | $185K | -15.9% |
| 3 Bedrooms | $385K | $536.2K | +39.3% |
| 4 Bedrooms | $510.5K | $534K | +4.6% |
| 5+ Bedrooms | $911.5K | $855K | -6.2% |
Summary: Mc Donald housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.9%, 3 bedroom homes increased by 39.3%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 6.2%.
Median Sold Price Compared To Nearby Cities
| Ooltewah | $440.1K | $473.7K | +7.6% |
| Mc Donald | $485K | $510K | +5.2% |
| Cleveland | $301.5K | $312.3K | +3.6% |
| Collegedale | $459.6K | $445K | -3.2% |
Housing Supply in Mc Donald, TN
How many homes are available in Mc Donald, TN?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 34 | 28 | -17.6% |
Summary: The Mc Donald real estate market had 28 homes for sale in September 2024, a 17.6% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 16 | 13 | -18.8% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Mc Donald housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 18.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mc Donald, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Mc Donald in September 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Mc Donald, TN
We’re sorry, we don't have information for this market at the moment
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.