Dyersburg Housing Market Update: Rates Near 6%, Inventory Still High
Dyersburg, TN – February 26, 2026 – Mortgage rates have eased toward 6% while listings remain elevated, keeping buyers focused on value and condition. Freddie Mac’s weekly 30-ye…
Mortgage rates have drifted lower, which may help affordability, but buyers are still seeing a wide spread between move-in-ready homes and properties that need work. With more choices available, shoppers can be selective on both price and condition in the Dyersburg area.
Key numbers to know
- Freddie Mac (PMMS): 30-year fixed averaged 6.01% (15-year: 5.35%).
- Inventory: Active listings remain sizable, with roughly 175–185 homes showing across major portals.
- Redfin trend: January 2026 median sale price was $124,450, down year over year.
What the market feels like
As inventory stays elevated, price cuts and seller-paid concessions are becoming more common—especially for homes that need updates. Well-maintained homes can still attract faster action when priced in line with recent comparable sales.
What to watch next
Buyers: compare full monthly-payment scenarios (rate, points, and insurance) and budget for repairs after inspections. Sellers: prep and pricing discipline matter more when shoppers can easily move on to the next listing.
What are you seeing right now: more price reductions, more showings, or more rentals coming available?