How much do homes in McMinn County, TN cost?

Median List Price

$199,927

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$34,793(+21.1%)

Key Takeaway

The list price of homes in McMinn County has increased by 21.1% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSAug 2020Aug 2021%
1 $122K$90K-26.2%
2 $95K$122.4K+28.8%
3 $168.4K$199K+18.1%
4 $224.9K$292K+29.8%
5+ $324.9K$406.9K+25.2%

Median List Price Compared To Nearby Counties

Polk County
+26.0%
Monroe County
+22.2%
McMinn County
+21.1%
Meigs County
+15.2%
Bradley County
+9.1%

How many homes are available in McMinn County, TN?

Number of Homes For Sale

Jul 2021Aug 2021%
201197-2.0%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 21-50.0%
2 3035+16.7%
3 109101-7.3%
4 5152+2.0%
5+ 98-11.1%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
121 Days56 Days-53.6%

About McMinn County, TN

Number of homes for sale in McMinn County, TN real estate market have reached 197. Between July 2021 and August 2021, McMinn County, TN real estate market has seen decrease in the number of listings by 2%. While the average time on the market in August 2021 was 56 days, the median list price was $199,927. Between July 2021 and August 2021, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went down by 26.2%, prices of 2 bedrooms properties went up by 28.8%, 3 bedrooms properties became 18.1% more expensive, 4 bedrooms properties became 29.8% more expensive, prices of 5 bedrooms properties increased by 25.2%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory decreased by 50%, volume of 2 bedrooms homes went up by 16.7%, volume of 3 bedrooms homes went down by 7.3%, number of 4 bedrooms homes increased by 2%, the quantity of 5 bedrooms homes went down by 11.1%. Over 13 listings were sold over their listed price in August 2021 in McMinn County, TN. In the same period over 27 listings were sold below the listed price and 9 listings were sold for the listed price.

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