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Lake County, TN real estate

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Lake County real estate Market Report.

Information and statistics on the latest trends in the Lake County real estate market, updated for May 2026. *

Lake County is currently tilted toward sellers, with the local market gauge at 38 indicating sellers still have the upper hand. Conditions are not extreme though, as a months of supply figure of 4.8 suggests a market that gives buyers some room to negotiate compared with a very tight seller’s market.

Prices and time on market are sending mixed signals. A typical home value of $127,500 sits far below the Tennessee average of $393,400, yet the median list price is higher at $161,950 and jumped about 29.66 percent month over month, while days on market surged to 36, up sharply compared with the prior month, which points to buyers taking longer to commit.

Underlying supply and demand help explain this balance. Inventory stands at 19 homes with 10 new listings and 5 pending sales, and about 26 percent of listings have had a price drop while only 25 percent of recent sales closed above list at an average sale-to-list ratio of about 0.97. Agent Pronto can connect both buyers and sellers with an agent who understands these shifting dynamics and can guide them through their next move in Lake County.

Lake County, TN real estate
38
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated based on the the number of active listings divided by home sales over the most recently available reporting period.

* Data provided by Redfin, a national real estate brokerage.

Learn more about what Lake County has to offer.

Lake County offers residents a welcoming, close-knit community with abundant outdoor recreation around Reelfoot Lake, solid schools and healthcare, and ample opportunities for local business and a fulfilling everyday life.

Lake County is a small, rural county along the Mississippi River, known for its quiet pace, strong community ties, and access to major outdoor recreation. Residents enjoy everyday convenience in compact town centers, with larger services and shopping reachable in nearby Dyersburg and Union City.

Outdoor access is a major draw. Reelfoot Lake State Park offers boating, fishing, eagle viewing, and year round events, while Reelfoot National Wildlife Refuge provides trails and wildlife watching in a unique flooded forest landscape. Local families rely on Lake County Schools and use community resources such as the Lake County Public Library for programs and internet access.

Everyday life feels straightforward and practical. You will find essential services, local eateries, and quick trips to regional healthcare and retail in Obion County and Dyer County. The low traffic, open space, and access to the river and lake make it appealing for those who want affordability and room to breathe while staying within reach of Memphis for occasional big city needs.

Understanding backroads, flood zones, and market trends in such a specialized area is critical. A local Lake County real estate agent can streamline buying or selling, clarify which areas best match your lifestyle, and help you navigate each step with less stress. Agent Pronto connects both buyers and sellers with the right local expert.

Find your Lake County real estate agent today →


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“I strongly recommend Shawn Wright to my friends and other because he is outstanding and very knowledgeable. Also he is my agent to sale a mother home”

Qussay Al Janabi · Smyrna, TN

Photo of Shawn Wright
Century 21 Wright Realty
“Katelyn went out of her way to research questions that we had on the property we were purchasing and was incredibly helpful throughout the buying process.”

Elizabeth · Kodak, TN

Photo of Katelyn Warren
Castle & Associates Real Estate
“We had a great experience having Brad as our agent. He made things so quick and easy. He was always available to answer any questions we had and done a great job of keeping us informed throughout the process. The advertising was top notch and the pictures were sooo good. He as a person was just overall pleasant. We moved out of state but had we not, we would choose to work with him a million times over again. We couldn't recommend him enough.”

Crystal · Christiana, TN

Photo of Brad Fowler
Century 21 Wright Realty
“Mr. Black made it so for us.”

David Bailey · Palmyra, TN

Photo of Christian Black Team
Century 21 Platinum Properties
“My wife and I thoroughly enjoyed our experience with Mike. He was extremely attentive, responding to all our questions (and we had a lot of them) with timeliness and thoroughness. We felt we had his full attention, even though he had 100 other things going on, I'm sure. Overall, he made us feel imformed, safe, and empowered. And we had fun! Great guy and a great experience.”

William VanderVeen · Bristol, VA

Photo of Creation Properties
Century 21 Legacy
“Good service nice response time very polite overall very satisfied stay dangerous Betty lol”

Dion Price · Whiteville, TN

Photo of Betty McGaughey
eXp Realty
“We had a bit of a challenging purchase working thru slow to no communication from listing agent to seller to us, Brooke really stepped up and helped make the purchase actually happen by being professionally persistent. She did an incredible job of communicating and helping navigate the unusual circumstances.”

Jerry Hintz · Greeneville, TN

Photo of Brooke Shelton
Century 21 Legacy
“She helped us buy our house, then sell it a few years later. Couldn't recommend more! So communicative, answered all my questions at a timely, proffessional manner. I was probably not the easiest client at times because stress, but she was so calm and reassuring through the whole process! Seriously so grateful for how smoothly this sale went, all with the help of Marie!”

Kristen Curtis · Clarksville, TN

Photo of Marie LaVoise
CENTURY 21 Platinum Properties
“Jeremiah took the time to listen and truly understand what I was looking for. He helped me find the perfect home in no time and the process was smooth and organized. HIGHLY RECOMMEND!”

Colt Bailey · Chuckey, TN

Photo of Jeremiah Frank
Epique Realty
“Rolanda was absolutely wonderful to work with during the selling process. She was professional, knowledgeable, resourceful, and patient. She ensured that I was represented well and every step of the way. I highly recommend Rolanda to friends, family, or associates.”

Laurie Rowe Walker · Chattanooga, TN

Photo of Rolanda Pullen Daniel
Coldwell Banker Pryor Realty
“Great results pleasure working with her woild recommend her with anyone selling or buying a property”

Clint · Mosheim, TN

Photo of Tracey  Bright
RE/MAX Real Estate Ten Midtown
“Rasa Baldino proved to be an excellent realtor and was wonderful to work with. She offered valuable recommendations regarding the decor and appearance of our cabin. We implemented those recommendations which helped attract potential buyers and the cabin sold quickly thereafter. We have recommended Rasa to others and will definitely use her again should the opportunity arise.”

Curt 26 Shannon · Pigeon Forge, TN

Photo of Ralph & Rasa Baldino
Century 21 MVP
“Ms. Kimberly Townsend is an awesome realtor! She assisted us in finding our forever home with all our wants. She went over and beyond to make sure all of our needs were met. We truly appreciate her due diligence to property details that buyers would not have notice. She is very knowledgeable and professional. She explained every step of the home buying process in depth. She made this experience enjoyable! Excellent Job, Ms. Townsend.”

Brenda M. · Olive Branch, MS

Photo of Kim Townsend
Century 21 Patterson & Associates
“Went above and beyond expectations to help find a home suitable for my needs. My overall experience was fantastic and was kept informed every step of the way. Very knowledgeable and detail oriented.”

Tyler · Kingsport, TN

Photo of David Edwards JR
CENTURY 21 Legacy
“Misty was an amazing agents with strong knowledge in not only properties but with menuevering around the needs of the VA. She was willing to travel to any house I found in TN, some of which being hours away. I've already recommended her to a few people but if you're reading this I would look into her also.”

Steven · Pinson, TN

Photo of Misty Kinney
Century 21 Platinum Properties
“Miss Candy was very helpful with the sale of the property she knew what she was doing and how to handle all things that needed to be handled. I would recommend her to anyone that needed help with the sell of their property and I will use her again if I need help with selling any property, Thank you so much Miss Candy for helping in the sale of the property.”

Gail Mullican · Smithville, TN

Photo of Candy Vaughn
Keller Williams Realty
“Parker Cole is an excellent realtor. He's extremely patient, trust worthy, knowledgeable about the area and more. He found us exactly what we were looking for and we had a huge list of must haves. He was always available and answered all of our questions. He goes above and beyond to make you feel comfortable and he makes sure everything is the way it's supposed to be. He helps in every step of the process. He makes sure that you know he can still help you even after the sale. Really appreciate how stress free he made this whole process for us. Thank you Parker Cole. You are amazing.”

Mr. and Mrs. Piekosz · Cunningham, TN

Photo of Parker Cole
Century 21 Platinum Properties
“Matthew demonstrated excellent realtor service. From communicating, providing assistance and more, this is tge type of serivice you would look for an a realtor!”

TK · Nashville, TN

Photo of Nashville Advantage
EXP Realty
“Ruby Alexander is excellent at everything she does. She previously helped us purchase our home. Ruby is professional, knowledgeable, honest, hard-working, friendly, intuitive, and resourceful. She goes above and beyond the call of duty. We would not have wanted to take the journey of buying or selling our home with anyone else.”

John W. · Johnson City, TN

“Jennifer was very helpful in all aspects. There was a house on the property but not liveable so it was property sale. She did the dron fly over so it could be properly viewed. Great job... Great job Jennifer..”

Pat Burrell · Ooltewah, TN

Photo of Jennifer Burrell
Century 21 Prime South

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Lake County. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.