Acreage, Character Home
1954 Dyersburg Farmhouse on 3 Acres, 52% Below Zip Median — $86,000
6
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 7 | 3.0 acres triggers floor; 1954 build, 2BR/1BA, 983 sqft — modest but real land story |
| Condition | 25% | 4 | "Fixer upper" with zero system specifics; condition unknown, no renovation history cited |
| Price / Sq Ft | 15% | 5 | Listing $88/sqft vs zip median $90/sqft — essentially at median; thin 8-comp dataset |
| Price vs. Market | 5% | 9 | $86K is 52% below zip median $177,923 — strong discount, likely reflects condition |
| Market Conditions | 5% | 7 | 33.7% price drops signals buyer's market; DOM 7 vs median 40 — fresh listing |
Three acres for $86,000 in Dyersburg. That's the thing that makes you stop. The zip median sale price runs close to $178,000, and this is listed at about half that. The gap is there for a reason — the house needs work, and nobody knows exactly how much — but the land doesn't need anything. You get three acres of it.
The house itself is a 1954 build, 983 square feet, two bedrooms, one bath. Small and old, in the way that 70-year-old country houses are small and old. The agent description calls it a fixer upper and stops there. No mention of the roof, the HVAC, the electrical, the plumbing. That silence means your first job, before anything else, is a thorough inspection and some honest conversations with contractors. The condition is genuinely unknown from what's listed.
What you have underneath the unknown condition is a solid structure with some age to it, on land that gives you actual room. Three acres is enough for a garden, a workshop, animals, a second structure eventually, or just the feeling of not being able to see your neighbor's windows from yours. If you're someone who wants space to build into over time, the land does most of the work here.
The market around it right now is a buyer's market. About a third of listings in the area have taken price cuts. This one is fresh, seven days on market against a local median of forty. Early is usually better when the house is priced this far below median and the land is real.
At $86,000 you're paying for a project. There's no way around that. But you're also paying for three acres in the country at a price that would get you a small lot and a tighter house almost anywhere else. If you have the appetite for unknown renovation costs and the patience to work through them, this is the kind of price that gives you actual options.
