Is McNairy County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, McNairy County has remained a Buyer's Market.
Key Takeaway
McNairy County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in McNairy County, TN
How much do homes in McNairy County, TN cost?
Median Sold Price
$175,000
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in McNairy County have sold for 17.1% less than they did a year ago.
Summary: The median home sold price in McNairy County was $175,000 in April 2024, down 17.1% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $58.5K | N/A |
| 2 Bedrooms | $76.5K | $127.2K | +66.3% |
| 3 Bedrooms | $210.5K | $183K | -13.1% |
| 4 Bedrooms | $250K | $287K | +14.8% |
| 5+ Bedrooms | $356K | $252K | -29.2% |
Summary: McNairy County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 66.3%, 3 bedroom homes decreased by 13.1%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes decreased by 29.2%.
Median Sold Price Compared To Nearby Counties
| Hardin County | $267.5K | $237.7K | -11.1% |
| McNairy County | $211K | $175K | -17.1% |
Housing Supply in McNairy County, TN
How many homes are available in McNairy County, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 116 | 115 | -0.9% |
Summary: The McNairy County real estate market had 115 homes for sale in April 2024, a 0.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 17 | 15 | -11.8% |
| 3 Bedrooms | 63 | 64 | +1.6% |
| 4 Bedrooms | 23 | 24 | +4.3% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The McNairy County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 13 | -38.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in McNairy County, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in McNairy County in April 2024, down by 38.1% month-over-month. Of the 13 sold homes, 77% were sold under asking, 8% were sold at asking, and 15% were sold over asking.
Days on Market for McNairy County, TN
How long does it take to sell a home in McNairy County, TN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 55 Days | 18 Days | -67.6% |
Summary: Homes in McNairy County had an average of 18 days on market in Apr 2024, down by 67.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in McNairy County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 13 homes were sold in McNairy County; 8% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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.