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
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
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $419.9K | - | N/A |
2 Bedrooms | $39K | $69.9K | +79.5% |
3 Bedrooms | $225K | $226.4K | +0.6% |
4 Bedrooms | $344.4K | $385K | +11.8% |
5+ Bedrooms | $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 | $229.9K | $217.4K | -5.4% |
Madison County | $271K | $251K | -7.4% |
Crockett County | $237.7K | $189.9K | -20.1% |
Haywood County | $249K | $175K | -29.7% |
Housing Supply in Madison County, TN
How many homes are available in Madison County, TN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
65 | 72 | +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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 10 | +25.0% |
3 Bedrooms | 31 | 36 | +16.1% |
4 Bedrooms | 15 | 13 | -13.3% |
5+ Bedrooms | 11 | 13 | +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 2023 | May 2024 | CHANGE |
---|---|---|
164 Days | 121 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.