Housing Prices in Michie, TN

How much do homes in Michie, TN cost?

Median List Price

$141,500

$186/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

-$155,250(-52.3%)

Key Takeaway

The list price of homes in Michie has decreased by 52.3% since last year.

Summary: The median home list price in Michie was $141,500 in November 2024, down 52.3% from the previous year, and the median price per square foot was $186.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $77K$119.4K
+55.1%
3 $229K$129K
-43.7%
4 $632K$399K
-36.9%
5+ $365K-
N/A

Summary: Michie housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 55.1%, 3 bedroom homes decreased by 43.7%, 4 bedroom homes decreased by 36.9%, and 5+ bedroom homes did not change.

Housing Supply in Michie, TN

How many homes are available in Michie, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
64-33.3%

Summary: The Michie real estate market had 4 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 11
0.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Michie housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Days on Market for Michie, TN

How long does it take to sell a home in Michie, TN?

Average Listing Age

Nov 2023Nov 2024CHANGE
375 Days97 Days-74.0%

Summary: Homes in Michie had an average listing age of 97 days in Nov 2024, down by 74% compared to the previous year.

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

Report Updated 21 Days Ago

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MLS Disclaimers and Copyright

Based on information from Memphis MLS, and RealTracs Middle Tennessee Regional MLS for the period 12/01/2022 - 12/01/2024

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 10:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 10:18:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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