March 2024

Medina Housing Market Report Madison County, Tennessee

Report Updated 17 Days Ago

Housing Prices in Medina, TN

How much do homes in Medina, TN cost?

Median List Price

$320,950

$159/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$25,050(+8.5%)

Key Takeaway

The list price of homes in Medina has increased by 8.5% since last year.

Summary: The median home list price in Medina was $320,950 in March 2024, up 8.5% from the previous year, and the median price per square foot was $159.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Mar 2023	Mar 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	-	-	N/A
3 Bedrooms	$289.9K	$284.9K	-1.7%
4 Bedrooms	$360K	$333.4K	-7.4%
5+ Bedrooms	$459.9K	$489.6K	+6.5%

Summary: Medina housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes increased by 6.5%.

Median List Price Compared To Nearby Cities

CITY	Mar 2023	Mar 2024	CHANGE
Medina	$295.9K	$320.9K	+8.5%
Medina	$295.9K	$320.9K	+8.5%

Housing Supply in Medina, TN

How many homes are available in Medina, TN?

Number of Homes For Sale

Feb 2024	Mar 2024	CHANGE
1	4	+300.0%

Summary: The Medina real estate market had 4 homes for sale in March 2024, a 300.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Feb 2024	Mar 2024	CHANGE
1 Bedroom	0	0	0.0%
2 Bedrooms	0	0	0.0%
3 Bedrooms	0	2	+100.0%
4 Bedrooms	0	1	+100.0%
5+ Bedrooms	1	1	0.0%

Summary: The Medina housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Medina, TN

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

Average Listing Age

Mar 2023	Mar 2024	CHANGE
168 Days	46 Days	-72.2%

Summary: Homes in Medina had an average listing age of 46 days in Mar 2024, down by 72.2% compared to the previous year.

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

Report Updated 17 Days Ago

Local real estate agents are ready to help you find a home here.

Connect With An Agent

Sell your home with an expert or get the job done on your own.

Sell My Home

Get a customizable mortgage solution based on today's rates.

Get Approved

Newest Listings in Medina, TN

What homes are available in Medina, TN?

See More Listings

$329,000

$3,907 Closing Credit

1,874 SqFt

154 Cool Springs Trl, Medina TN, 38355

Christie Hurst

Listing Office:

List 4 Less Realty, LLC

#2644323

$55,000

$653 Closing Credit

858 SqFt

10T Piercey Rd, Medina TN, 38355

Daniel Demers

Listing Office:

Sell Your Home Services, LLC

#2641011

$329,000

$3,907 Closing Credit

154 Cool Springs Trl, Medina TN, 38355

Listing Office:

List 4 Less Realty

#10168617

$385,000

$4,572 Closing Credit

2,038 SqFt

112 Fawn Ridge Cv, Medina TN, 38355

Ginger Teague

Listing Office:

EXIT Realty Blues City

#2634049

Nearby Markets to Medina, TN

MLS Disclaimers and Copyright

Based on information from RealTracs Middle Tennessee Regional MLS, and Memphis MLS for the period 04/01/2022 - 04/01/2024

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX © 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/18/2024, 7:18:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/18/2024, 7:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.