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MICHIE, TN 38357

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The MICHIE, TN real estate market (38357) currently shows 18 active listings, with 4 pending sales. Homes are averaging 96 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 96 days on market compared to 48 days last year.

The median listing price has risen 18% year-over-year, from $278,700 to $329,000.

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Market Context

Market Context

Population: 3,399  ·  Density: 20.0/mi²  ·  Median household income: $48,922

Typical home value: $139,915  ·  Homeownership: 85.4%

Market Overview

Active Listings
18
⇩ 10% vs 20 last year
Pending
4
22% pending ratio
Median Price
$329,000
⇧ 18% vs $278,700 last year
Average Price
$616,153
⇧ 72.8% vs $356,589 last year
Days on Market
96
⇧ 100% vs 48 days last year

Price Per Square Foot

Median $/sqft
$162
⇧ 11.7% vs $145/sqft last year
Median Home Size
2,062 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 18 this year vs 20 last year
  • Days on market: 96 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $329,000 (+18% YoY)
  • Average: $616,153 (+72.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.6 miles — 230 listings ($81,668,492 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38357Michie, TN 383570.0 mi13$3,267,784$228,650$251,368
38376Shiloh, TN 383766.7 mi2$6,798,900$3,399,450$3,399,450
38379Stantonville, TN 383798.0 mi7$5,429,011$422,400$775,573
38367Ramer, TN 3836712.2 mi10$4,692,360$249,900$469,236
38375Selmer, TN 3837512.7 mi74$17,490,344$194,950$236,356
38846Glen, MS 3884613.7 mi2$888,900$444,450$444,450
38833Burnsville, MS 3883316.1 mi4$768,300$199,900$192,075
38852Iuka, MS 3885217.9 mi87$28,896,702$250,000$332,146
38361Morris Chapel, TN 3836119.8 mi11$4,461,358$333,000$405,578
38865Rienzi, MS 3886521.1 mi7$1,817,844$254,900$259,692
35677Waterloo, AL 3567722.8 mi8$4,423,088$442,500$552,886
38044Hornsby, TN 3804424.7 mi2$2,020,000$1,010,000$1,010,000
38332Enville, TN 3833225.6 mi3$713,901$229,000$237,967

Frequently Asked Questions

How many homes are for sale in MICHIE, TN 38357?

As of September 2026, there are 18 active listings in MICHIE, TN (zip code 38357), compared to 20 the prior year.

What is the median home price in MICHIE, TN 38357?

The median listing price in MICHIE, TN 38357 is $329,000 as of September 2026, a 18% increase from $278,700 the prior year.

How long do homes stay on the market in MICHIE, TN?

Homes in MICHIE, TN 38357 spend an average of 96 days on the market before going under contract, compared to 48 days the prior year.

Is it a seller's or buyer's market in MICHIE, TN 38357?

Based on current inventory and days-on-market data as of September 2026, MICHIE, TN 38357 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 96 days on market compared to 48 days last year.

How much can I save on real estate commission in MICHIE, TN?

With SELL123.com's maximum 3% commission, sellers in MICHIE, TN 38357 save an estimated $6,580 compared to a typical 5% commission on the median listing price of $329,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.