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Featured local agent — Rarity Bay, TN
Sarah Mitchell
Compass Real Estate · Rarity Bay, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Rarity Bay, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.32Mmedian sale price
How is the Rarity Bay, TN housing market right now?
The median home sale price in Rarity Bay, TN is $1.32M, up 319.1% year-over-year. Homes sell in an average of 69 days with 34 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Rarity Bay a buyer's or seller's market?
Rarity Bay, TN is currently a buyer's market, based on 11.3 months of supply and homes selling in about 69 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
69
Average pace
Active listings
34
11.3 months supply
Sale-to-list
98.7%
Below asking
What does the Rarity Bay housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.32M |
| Median list price | $764,450 |
| Year-over-year price change | +319.1% |
| Average days on market | 69 days |
| Active inventory | 34 listings |
| Months of supply | 11.3 months |
| Sale-to-list price ratio | 98.7% |
| Median price per sq ft | $284/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 4 |
| Listings with a price cut | 8.8% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Rarity Bay by property type?
How the Rarity Bay, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.32M | $284/sq ft | 3 | 69 days |
| Condo / Co-op | $329,700 | $218/sq ft | 1 | 44 days |
Source: Redfin · Updated monthly
The Rarity Bay housing market is currently classified as a buyer's market with a median sale price of $1.32M. Prices have risen 319.1% compared to last year, with homes spending an average of 69 days on market, indicating 11.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in Rarity Bay
There are currently 34 homes listed for sale in Rarity Bay, Tennessee. The median listing price is $764K.
Active listings
34
Homes on market
Median list price
$764K
Avg. days on market
69
Days until sale
New this week
4
Newly listed
Who lives in Rarity Bay?
Population
728
Median income
$82,143/yr
Median age
75.4 years
Owner-occupied
84.0%
College grads
54.1%
Source: U.S. Census Bureau ACS
What is it like to live in Rarity Bay?
Rarity Bay is a community of approximately 1K residents with a median age of 75.4 years.The median household income is $82,143, which reflects a relatively affluent area with strong earning potential. 54.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 84.0%, reflecting strong community stability and long-term resident commitment.Overall, Rarity Bay offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Rarity Bay, TN?
Want a head-to-head view? Compare Rarity Bay side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Rarity Bay?
The median home sale price in Rarity Bay is $1.32M, up 319.1% from last year.
How long do homes stay on market in Rarity Bay?
Homes typically spend 69 days on market before going under contract.
What is the median income in Rarity Bay?
The median household income is $82,143 per year.
Is Rarity Bay a buyer's or seller's market?
With 11.3 months of supply, Rarity Bay is currently a buyer's market.
What is the median condo price in Rarity Bay?
The median condo/co-op sale price in Rarity Bay, TN is $329,700, compared to $1.32M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Rarity Bay?
The median single-family home price in Rarity Bay, TN is $1.32M (about $284 per square foot).
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