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Featured local agent — Shackle Island, TN
Sarah Mitchell
Compass Real Estate · Shackle Island, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Shackle Island, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.07Mmedian sale price
How is the Shackle Island, TN housing market right now?
The median home sale price in Shackle Island, TN is $1.07M, up 20.2% year-over-year. Homes sell in an average of 63 days with 20 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 Shackle Island a buyer's or seller's market?
Shackle Island, TN is currently a buyer's market, based on 10.0 months of supply and homes selling in about 63 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
63
Average pace
Active listings
20
10.0 months supply
Sale-to-list
94.7%
Below asking
What does the Shackle Island housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.07M |
| Median list price | $892,400 |
| Year-over-year price change | +20.2% |
| Average days on market | 63 days |
| Active inventory | 20 listings |
| Months of supply | 10.0 months |
| Sale-to-list price ratio | 94.7% |
| Median price per sq ft | $228/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 8 |
| Listings with a price cut | 20.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Shackle Island by property type?
How the Shackle Island, 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 | $1.07M | $228/sq ft | 2 | 63 days |
Source: Redfin · Updated monthly
The Shackle Island housing market is currently classified as a buyer's market with a median sale price of $1.07M. Prices have risen 20.2% compared to last year, with homes spending an average of 63 days on market, indicating 10.0 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 Shackle Island
There are currently 20 homes listed for sale in Shackle Island, Tennessee. The median listing price is $892K.
Active listings
20
Homes on market
Median list price
$892K
Avg. days on market
63
Days until sale
New this week
8
Newly listed
Who lives in Shackle Island?
Population
4,164
Median income
$131,944/yr
Median age
47.1 years
Owner-occupied
92.8%
College grads
40.0%
Avg commute
39.1 min
Source: U.S. Census Bureau ACS
What is it like to live in Shackle Island?
Shackle Island is a community of approximately 4K residents with a median age of 47.1 years.The median household income is $131,944, which reflects a relatively affluent area with strong earning potential. 40.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 92.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 39.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Shackle Island offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Shackle Island, TN?
Want a head-to-head view? Compare Shackle Island side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Shackle Island?
The median home sale price in Shackle Island is $1.07M, up 20.2% from last year.
How long do homes stay on market in Shackle Island?
Homes typically spend 63 days on market before going under contract.
What is the median income in Shackle Island?
The median household income is $131,944 per year.
Is Shackle Island a buyer's or seller's market?
With 10.0 months of supply, Shackle Island is currently a buyer's market.
How much does a single-family home cost in Shackle Island?
The median single-family home price in Shackle Island, TN is $1.07M (about $228 per square foot).
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