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Foreclosure Homes in Michie, TN 38357

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Michie, TN Foreclosures

Current Market Conditions in in Michie, TN As of February 2026?
Over the past month, the housing market in Michie has seen a slight increase in activity, with more homes being listed and fewer days on the market before being sold. This trend suggests a growing interest from buyers looking to invest in the rural charm of TN. Average sale prices have seen a small uptrend, indicating that sellers can expect better returns compared to the previous months.
How much do homes sell for in Michie, TN?
The average home price is currently $185,704.
In Michie, TN, how many homes are available?
There are currently 5 active home listings available in Michie.
What’s the average rental cost in Michie, TN?
The average rental price in Michie is $930.
What is the most expensive home in Michie?
The most expensive home sold in Michie had a price of $2,413,235.
What is currently the cheapest priced home in Michie, TN?
The cheapest home for sale in Michie is priced at $4,082.

Living in Michie, TN

Michie, Tennessee, is a small serene town nestled in the heart of McNairy County. With a population just over 1,000, it offers a tranquil rural lifestyle surrounded by natural beauty. The community is known for its friendliness and strong local ties, ideal for families and retirees seeking a peaceful environment.

Buyer vs Seller Market in Michie, TN

The real estate market in Michie has remained stable, with a modest appreciation in home values over the past year. The combination of affordable housing and a tight-knit community is attracting buyers from nearby urban areas.

Trends show a growing interest among families and retirees in the Michie area, looking for a more peaceful lifestyle. This demand has resulted in competitive offers on well-maintained properties, while still allowing opportunities for first-time homebuyers.

The current market indicators suggest that Michie will continue to experience steady growth, primarily due to its affordability and quality of life.

Home Value Estimator For Michie, TN

There are currently 1,490 real estate properties in Michie, TN, with a median automated valuation model (AVM) price of $152,149.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Michie, TN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Michie, TN, is $185,704.00, with the most expensive house in Michie, TN, topping out at $2,413,235.00 and the cheapest home in Michie, TN, clocking in at $4,082.00. In other words, there’s something for every potential homebuyer or savvy investor in Michie, TN!

Rent Prices In Michie, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Michie, TN, is on a rollercoaster ride. The average rent price in Michie, TN, is $930.00. Indeed, when looking to rent in Michie, TN, you can expect to pay as little as $400.00 or as much as $2,080.00, with the average rent median estimated to be $890.00. The good news is that finding an affordable and desirable property to rent in Michie, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Michie, TN 38357 Foreclosures

Market Trend for Michie, TN

Total Listings Available: 5

Market Values:

Home Prices from $4,082 to $2,413,235

Average Sales Price: $185,704

Rental Values:

Rental from $400 to $2,080

Average Rent Value: $930 / month

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