Is Mc Donald, TN a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Mc Donald is a buyer's market


Difference Since May 2022

At the same time last year, Mc Donald was a Seller's Market.

Key Takeaway

Mc Donald is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Mc Donald, TN cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2022


Key Takeaway

Homes in Mc Donald have sold for 28.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 --
2 $175K$206.1K
3 $258.7K$399.9K
4 $571.9K$522.4K
5+ $833.5K$855K

Median Sold Price Compared To Nearby Cities

Mc Donald

How many homes are available in Mc Donald, TN?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
2 11
3 45
4 79
5+ 22

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mc Donald, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

What housing markets are near Mc Donald, TN?

About Mc Donald, TN

Mc Donald, TN has 17 homes for sale to choose from. The inventory of homes for sale in Mc Donald, TN between April 2023 and May 2023 increased by 21.4%. Between April 2023 and May 2023, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 0%, 2 bedrooms properties became 17.8% more expensive, prices of 3 bedrooms properties went up by 54.6%, 4 bedrooms properties prices decreased by 8.7%, prices of 5 bedrooms properties increased by 2.6%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, number of 2 bedrooms homes remained the same, the quantity of 3 bedrooms homes went up by 25%, 4 bedrooms homes inventory increased by 28.6%, volume of 5 bedrooms homes stayed the same. Over 0 listings were sold over their listed price in May 2023 in Mc Donald, TN. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price.