ZIP Code Market Report
38201 — McKenzie, TN
Data through February 2026 · Updated monthly
Avg Home Value
$185,019
▲ 1.3% year-over-year
Month-over-Month
-0.1%
▼ 0.1%
Single Family
$183,271
Condo / Co-op
--
The average home value in the 38201 ZIP code (McKenzie, TENNESSEE) is $185,019 as of February 2026. Home prices are rising, up 1.3% compared to last year.
The market in 38201 has a $204,526 spread between bottom-tier homes at $98,823 and top-tier homes at $303,349. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Carroll County market area in TENNESSEE. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Carroll County report.
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Market Snapshot
38201 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $186,626 | $185,260 | $185,019 | ▼ 0.9% |
| Single Family Value | $181,302 | $182,112 | $183,271 | ▲ 1.1% |
Home Values
38201 Home Value Trend
Historical home values for ZIP code 38201. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
Property Types
Home Values by Property Type in 38201
How different property types compare in this ZIP code.
All Homes
$185,019
Single Family
$183,271
Bottom Tier
$98,823
Top Tier
$303,349
Data Sources and Methodology
Home value data for ZIP code 38201 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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