Housing Prices in Madison County, TN

How much do homes in Madison County, TN cost?

Median List Price

$251,000

$137/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

-$20,000(-7.4%)

Key Takeaway

The list price of homes in Madison County has decreased by 7.4% since last year.

Summary: The median home list price in Madison County was $251,000 in May 2024, down 7.4% from the previous year, and the median price per square foot was $137.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $419.9K-
N/A
2 $39K$69.9K
+79.5%
3 $225K$226.4K
+0.6%
4 $344.4K$385K
+11.8%
5+ $600K$592.4K
-1.3%

Summary: Madison County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 79.5%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 1.3%.

Median List Price Compared To Nearby Counties

Gibson County
-5.4%
Madison County
-7.4%
Crockett County
-20.1%
Haywood County
-29.7%

Housing Supply in Madison County, TN

How many homes are available in Madison County, TN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
6572+10.8%

Summary: The Madison County real estate market had 72 homes for sale in May 2024, a 10.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 810
+25.0%
3 3136
+16.1%
4 1513
-13.3%
5+ 1113
+18.2%

Summary: The Madison County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 16.1%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 18.2%.

Days on Market for Madison County, TN

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

Average Listing Age

May 2023May 2024CHANGE
164 Days121 Days-25.8%

Summary: Homes in Madison County had an average listing age of 121 days in May 2024, down by 25.8% compared to the previous year.

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

Report Updated 1 Day Ago

Newest Listings in Madison County, TN

Nearby Markets to Madison County, TN

What housing markets are near Madison County, TN?