House Prices

House Prices & Home Values Ridgely, TN 2026


Average Data

average house price$148,234
average size per house2176 ft²
average price per ft²69 $ / ft²

04/16/2026 - The value range (VR) for house prices in Ridgely, TN is $57/ sqft to $57/ sqft. An average home with 2176 sqft costs approximately $124,032 to $124,032. Ridgely, TN includes 1 ZIP codes and it is located in Lake county. The lowest prices are found in ZIP 38080, while the highest are in ZIP 38080. The average price per sqare feet is $69. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes Ridgely

3808061 $ / ft²




Historical development of home values in Ridgely

Year Estimated value (USD) Change vs. 2025
2010 $68,843 -53.6%
2011 $66,180 -55.4%
2012 $66,002 -55.5%
2013 $68,469 -53.8%
2014 $71,874 -51.5%
2015 $75,563 -49.0%
2016 $79,506 -46.4%
2017 $83,797 -43.5%
2018 $88,430 -40.3%
2019 $92,530 -37.6%
2020 $97,314 -34.4%
2021 $110,684 -25.3%
2022 $129,033 -13.0%
2023 $136,071 -8.2%
2024 $143,943 -2.9%
2025 $148,234 0.0%

Graph: estimated home values in Ridgely over time (USD)



Example: 100% financing house in Ridgely

Loan amount: $148,234

Interest rate: 6.00%

Fixed monthly payment: $888.74

Breakdown in the 1st month:
Interest portion: $741.17  –  Principal portion: $147.57

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $8,844.52 $1,820.33 $146,413.67
2 $8,732.25 $1,932.60 $144,481.06
3 $8,613.05 $2,051.80 $142,429.26
4 $8,486.50 $2,178.35 $140,250.91
5 $8,352.14 $2,312.71 $137,938.20
6 $8,209.50 $2,455.35 $135,482.84
7 $8,058.06 $2,606.79 $132,876.05
8 $7,897.28 $2,767.58 $130,108.47
9 $7,726.58 $2,938.27 $127,170.20
10 $7,545.35 $3,119.50 $124,050.70
11 $7,352.95 $3,311.90 $120,738.79
12 $7,148.68 $3,516.18 $117,222.62
13 $6,931.81 $3,733.05 $113,489.57
14 $6,701.56 $3,963.29 $109,526.28
15 $6,457.11 $4,207.74 $105,318.54
16 $6,197.59 $4,467.26 $100,851.28
17 $5,922.06 $4,742.79 $96,108.49
18 $5,629.53 $5,035.32 $91,073.17
19 $5,318.97 $5,345.89 $85,727.28
20 $4,989.24 $5,675.61 $80,051.68
21 $4,639.19 $6,025.67 $74,026.01
22 $4,267.54 $6,397.32 $67,628.69
23 $3,872.96 $6,791.89 $60,836.80
24 $3,454.05 $7,210.80 $53,626.00
25 $3,009.31 $7,655.55 $45,970.46
26 $2,537.13 $8,127.72 $37,842.73
27 $2,035.83 $8,629.02 $29,213.71
28 $1,503.61 $9,161.24 $20,052.47
29 $938.57 $9,726.29 $10,326.18
30 $338.67 $10,326.18 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Ridgely, TN


1500 sqft3900 sqft
Ø selling price$125,236$266,409
Ø fast selling$113,851$239,769
Ø high price sale$136,620$293,050

In 2026, houses in Ridgely, TN will be offered at an average price of $69 per square foot. A 1,500 sqft home priced at $125,236 is 24.56% more expensive per square foot than a 3,900 sqft home priced at $266,409. Home prices in Ridgely, TN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $184,438. Sellers who can wait longer may achieve a higher price of up to $225,424.


Ridgely, TN: Gateway to Reelfoot Lake

Overview

Ridgely, TN is a friendly Lake County town in northwest Tennessee known for its easy access to Reelfoot Lake and the Mississippi River.
Founded in the late 19th century along rail and river routes, Ridgely blends small-town hospitality with a rich Delta heritage.
Popular things to do in Ridgely TN include birding, fishing, and photography, especially during the winter eagle migrations at nearby refuges.

Attractions & Outdoors

Downtown features local eateries, family-owned shops, and seasonal events that celebrate farm culture and the natural landscape.
Outdoor enthusiasts enjoy boating, cypress swamp boardwalks, and guided wildlife tours that highlight the lake?s unique seismic origins.
The town?s location along TN-78 and proximity to U.S. 51 make regional travel simple, connecting Ridgely to Dyersburg, Union City, and Memphis.

Living & Local Economy

Affordable Ridgely real estate, a low cost of living, and community schools attract families and retirees seeking a slower pace without sacrificing essentials.
Local employers span agriculture, small manufacturing, retail services, and tourism, with expanding opportunities tied to nature-based recreation.
Mild four-season Ridgely Tennessee weather supports year-round outdoor activities, from spring wildflower walks to autumn waterfowl viewing.
Whether you are planning a weekend getaway or exploring relocation, Ridgely offers authentic West Tennessee charm, scenic waterways, and welcoming neighbors.



FAQ – Home Values in Ridgely

What is the median home value in Ridgely in 2026?

In 2026, the typical home value in Ridgely is about $148,234 for an average home size of 2176 square feet. This corresponds to an average price of roughly $69 per square foot.

What is the average cost per square foot in Ridgely?

In 2026, homes in Ridgely sell for an average of around $69 per square foot, with a typical range between $57 and $57 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Ridgely is about 2176 square feet, with an estimated 2026 value around $148,234.



Locations close to Ridgely, TN

Memphis, TN217 $ / ft²
Germantown, TN118 $ / ft²
Mc Kenzie, TN131 $ / ft²
Tiptonville, TN40 $ / ft²
Wynnburg, TN171 $ / ft²
Williston, TN213 $ / ft²
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