Madison County, TN Home Values & Market Trends
The median home price in Madison County, TN is $214,678.74. There were 1,486 home sales in Madison County, TN over the past 12 months. The median residential Madison County, TN home value for transactions over the previous year is $195,000. The number of current listings in Madison County, TN is 224, and the percentage of properties for sale is 224.00%. The county has 32 foreclosures, 3 bank owned properties, 29 headed for auction, and 224 properties for sale.
Madison County, TN Real Estate Market Overview
Housing Market Summary for Madison County, TN
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $259.9K | $200.8K | -22.75% |
Median Sold Price | $199.7K | $200.8K | 0.53% |
Homes For Sale | 193 | 227 | 17.62% |
Homes Sold | 877 | 916 | 4.45% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Madison County, TN
Browse Homes in Madison County, TN
Madison County, TN home values range from $19,440 to $16,513,559. Beech Bluff is the priciest city with a median listing home price of $289,900, and Medon is most affordable with average house prices of around $164,000.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Madison County, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 7 cities within Madison County, TN; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Madison County, TN ranges from the highest value of $191,653 in Pinson to the lowest value of $142,405 in Beech Bluff. Bank owned homes and properties account for 0.01% of properties in Madison County, TN. There are 7 cities within Madison County, TN; Pinson containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsJackson has 22 auction properties, the highest number of properties going to auction in a single city in the state of Madison County, TN. Auction homes and other auction properties account for 0.08% of all properties in Madison County, TN. There are 7 cities within Madison County, TN; of those cities, the median estimated home value for homes going to auction ranges from $625,670 in Denmark to the lowest value of $62,027 in Denmark.
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More Real Estate Resources for Madison County, TN
Guide for Madison County, TN
The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.
Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices
Tennessee Foreclosure Laws
The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.