Is Mc Kenzie, TN 38201 a buyer’s or seller’s market?

The Mc Kenzie housing market right now

In the three months ending August 31, 2026, 7% of homes in Mc Kenzie, TN 38201 sold above their list price, the typical home went under contract in 66 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 29 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold faster (106 days then) and the median sale price rose 14% to $244,894. Overall, Mc Kenzie is more competitive than a year ago, so tougher for buyers.

Within Carroll County, homes here sell more slowly than in 78% of the county’s ZIP codes, and sell more often over asking than in 78%. On our competition score, Mc Kenzie ranks #245 of 299 TN ZIP codes with enough sales (score 18 out of 100).

Nearby, buyers who want less competition could look at Yuma 38390 (0% sold over asking) or Westport 38387 (0% sold over asking), while Atwood 38220 (75% sold over asking) and Huntingdon 38344 (12% sold over asking) are even more competitive.