Mc Donald, TN—37353
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mc Donald, TN
As of Oct '25, the median home price in Mc Donald, TN is $411,000, with a year-over-year change of 1.8%. This indicates that home prices in Mc Donald, TN are increasing. According to Zillow, the 1-year price projection is 3.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $411,000 | 1.9% |
| Single Family | $412,000 | 2.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $425,000 | 2.9% |
4 Bed | $535,000 | 3.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mc Donald, TN
As of July '25, Rentcast reports the average rent in Mc Donald, TN is $1,880, with a year-over-year rent change of 70.9%. Per bedroom, the median rent as of July '25 in Mc Donald, TN is 2-bedrooms: $1,400, 4-bedrooms: $2,350. The most common rental property sizes in Mc Donald, TN are 3-bedroom and 2-bedroom, accounting for 48.7% and 26.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,880 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,400 | $1,400 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $2,350 | $2,350 |
% of Rental Stock
Property Listings — Mc Donald, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Mc Donald, TN is 78. This is a decrease of -40.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $621,000 | -14.0% |
Listing Count | 28 | -32.0% |
| Listings as % of Homes | 0.9% | -32.0% |
Days on Market | 78 | -40.0% |
Demographics — Mc Donald, TN
As of the latest ACS Survey released in 2023, Mc Donald, TN has a population of 4,700, which has decreased by -12.7% over the past 5 years. Mc Donald, TN is a moderately popular place for families, as children make up 15.1% of the population. The area has a moderately educated workforce, with 29.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,700 | -12.7% |
% Under 18 | 15.1% | -41.2% |
% Seniors | 23.1% | 32.8% |
% WFH | 16.7% | 421.9% |
% w/ College Degree | 29.6% | -11.9% |
As of the latest ACS Survey released in 2023, Mc Donald, TN is a predominantly white area, with 93.7% of the population identifying as white. The white population has grown by 7.5% in the last 5 years. The second most common race or ethnicity in Mc Donald, TN is hispanic, making up 2.0% of the population. Foreign-born residents account for 6.6% of the population in Mc Donald, TN, and this percentage has decreased by 15.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.7% | 7.5% |
% Black | 1.8% | -41.9% |
% Hispanic | 2.0% | -73.7% |
% Asian | 0.4% | -55.6% |
% Foreign Born | 6.6% | -15.4% |
Mortgage and Risk — Mc Donald, TN
According to HUD data as of 2023, there were 38 mortgage originations in Mc Donald, TN, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Mc Donald, TN. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 38 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Mc Donald, TN
Mc Donald, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,000 |
| 2 Bedroom | -$130 | $1,400 | $1,270 |
| 3 Bedroom | N/A | N/A | $1,650 |
| 4 Bedroom | -$650 | $2,350 | $1,700 |
Affordability — Mc Donald, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $411,000 |
| Median Household Income | $66,200 |