Housing Prices in Madison County, TN

How much do homes in Madison County, TN cost?

Median List Price

$252,900

$139/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

-$32,100(-11.3%)

Key Takeaway

The list price of homes in Madison County has decreased by 11.3% since last year.

Summary: The median home list price in Madison County was $252,900 in April 2024, down 11.3% from the previous year, and the median price per square foot was $139.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $419.9K-
N/A
2 $79.4K$69.9K
-11.9%
3 $224.9K$229.9K
+2.2%
4 $349.5K$337.4K
-3.4%
5+ $679.9K$659.9K
-2.9%

Summary: Madison County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.9%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 2.9%.

Median List Price Compared To Nearby Counties

Madison County
-11.3%
Gibson County
-16.2%
Haywood County
-29.7%

Housing Supply in Madison County, TN

How many homes are available in Madison County, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4760+27.7%

Summary: The Madison County real estate market had 60 homes for sale in April 2024, a 27.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 38
+166.7%
3 2531
+24.0%
4 910
+11.1%
5+ 1011
+10.0%

Summary: The Madison County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 166.7%, 3 bedroom homes increased by 24%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 10%.

Days on Market for Madison County, TN

How long does it take to sell a home in Madison County, TN?

Average Listing Age

Apr 2023Apr 2024CHANGE
151 Days119 Days-21.3%

Summary: Homes in Madison County had an average listing age of 119 days in Apr 2024, down by 21.3% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Apr 1, 2024

Newest Listings in Madison County, TN

Nearby Markets to Madison County, TN

What housing markets are near Madison County, TN?