McKenzie, TN 38201 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

McKenzie, TN—38201

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$185,000

0.3% YoY Growth

Household Income

$46,600

19.7% YoY Growth

Days on Market

121

45.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$525

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$1,800

N/A

Home Price Trends — McKenzie, TN

McKenzie, TN lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$185,000	0.3%
Single Family	$185,000	1.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — McKenzie, TN

McKenzie, TN lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$525	$1,160
Studio Rent	$525	$525
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,800	$1,800
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

4.4%

1 Bedroom

20.5%

2 Bedrooms

36.2%

3 Bedrooms

31.0%

4 Bedrooms

7.0%

5+ Bedrooms

0.9%

Property Listings — McKenzie, TN

As of Dec '25, Realtor.com reports that the median days on market for a home in McKenzie, TN is 93. This is a increase of 22.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$255,000	-9.0%
Listing Count	58	-7.0%
Listings as % of Homes	0.8%	-7.0%
Days on Market	121	45.0%

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Demographics — McKenzie, TN

As of the latest ACS Survey released in 2023, McKenzie, TN has a population of 10,100, which has decreased by -7.9% over the past 5 years. McKenzie, TN is a moderately popular place for families, as children make up 20.8% of the population. The area has a poorly educated workforce, with 23.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	10,100	-7.9%
% Under 18	20.8%	-12.2%
% Seniors	19.7%	0.0%
% WFH	7.8%	239.1%
% w/ College Degree	23.3%	11.5%

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As of the latest ACS Survey released in 2023, McKenzie, TN is a predominantly white area, with 83.7% of the population identifying as white. The white population has shrunk by 6.9% in the last 5 years. The second most common race or ethnicity in McKenzie, TN is black, making up 9.7% of the population. Foreign-born residents account for 3.3% of the population in McKenzie, TN, and this percentage has increased by 725.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	83.7%	-6.9%
% Black	9.7%	49.2%
% Hispanic	2.5%	25.0%
% Asian	1.7%	325.0%
% Foreign Born	3.3%	725.0%

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Mortgage and Risk — McKenzie, TN

According to HUD data as of 2023, there were 121 mortgage originations in McKenzie, TN, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in McKenzie, TN. Investor activity is low, as 4.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	121
% Conventional Loans	71.0%
% Government Loans	29.0%
% Investor Loans	4.0%
% Second Loans	2.0%
% Cash Out Refinance	21.0%

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Rentals and Section 8 — McKenzie, TN

McKenzie, TN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	149
Total Units Section 8	1
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$740
2 Bedroom	N/A	N/A	$900
3 Bedroom	-$680	$1,800	$1,120
4 Bedroom	N/A	N/A	$1,350

McKenzie, TN—38201

Key Metrics at a Glance

Home Price Trends — McKenzie, TN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — McKenzie, TN

% of Rental Stock

Property Listings — McKenzie, TN

Demographics — McKenzie, TN

Race and Ethnicity

Mortgage and Risk — McKenzie, TN

Mortgages

Rentals and Section 8 — McKenzie, TN

Section 8 Market Size

Section 8 Opportunity

Affordability — McKenzie, TN

Home Price to Income Ratio

McKenzie, TN — ZIP Code Boundary Map

Nearby ZIP Codes

Gleason, TN

Henry, TN

Atwood, TN

Greenfield, TN

Dresden, TN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$185,000
Median Household Income	$46,600

McKenzie, TN—38201

Key Metrics at a Glance

Home Price Trends — McKenzie, TN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — McKenzie, TN

% of Rental Stock

Property Listings — McKenzie, TN

Demographics — McKenzie, TN

Race and Ethnicity

Mortgage and Risk — McKenzie, TN

Mortgages

Rentals and Section 8 — McKenzie, TN

Section 8 Market Size

Section 8 Opportunity

Affordability — McKenzie, TN

Home Price to Income Ratio

McKenzie, TN — ZIP Code Boundary Map

Nearby ZIP Codes

Gleason, TN

Henry, TN

Atwood, TN

Greenfield, TN

Dresden, TN

Frequently Asked Questions

What is the average home price in McKenzie, TN 38201?

How have home prices in McKenzie, TN 38201 changed over the past year?

What is the home price projection for McKenzie, TN 38201?

What are the demographics of McKenzie, TN 38201?

How long does it take homes to sell in McKenzie, TN 38201?

What is the average rent price in McKenzie, TN 38201?