$66,000
8.00 Acres
Land
Victoria Olubola, Listing Office: United Real Estate Middle Tennessee
Is Mc Ewen, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Mc Ewen was a Seller's Market.
Key Takeaway
Mc Ewen 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 Ewen, TN
How much do homes in Mc Ewen, TN cost?
Median Sold Price
$285,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$20,000(+7.5%)
Key Takeaway
Homes in Mc Ewen have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Mc Ewen was $285,000 in December 2024, up 7.5% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $159.5K | $357.7K | +124.3% |
| 3 Bedrooms | $265K | $285K | +7.5% |
| 4 Bedrooms | $297.2K | $291.6K | -1.9% |
| 5+ Bedrooms | $925K | $490K | -47.0% |
Summary: Mc Ewen housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 124.3%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 47%.
Median Sold Price Compared To Nearby Cities
| Waverly | $217K | $254.7K | +17.4% |
| Mc Ewen | $265K | $285K | +7.5% |
Housing Supply in Mc Ewen, TN
How many homes are available in Mc Ewen, TN?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 27 | 25 | -7.4% |
Summary: The Mc Ewen real estate market had 25 homes for sale in December 2024, a 7.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 19 | 17 | -10.5% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Mc Ewen housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mc Ewen, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Mc Ewen in December 2024, down by 20.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Mc Ewen, TN
How long does it take to sell a home in Mc Ewen, TN?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 51 Days | 75 Days | +48.5% |
Summary: Homes in Mc Ewen had an average of 75 days on market in Dec 2024, up by 48.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Mc Ewen has remained consistent over time.
Summary: During December 2024, 4 homes were sold in Mc Ewen; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2025 of the REALTRACS MLS. All rights Reserved.