Madison County, TN Home Values & Market Trends

The median home price in Madison County, TN is $214,716.86. There were 1,441 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 231, and the percentage of properties for sale is 231.00%. The county has 32 foreclosures, 4 bank owned properties, 28 headed for auction, and 231 properties for sale.

Madison County, TN Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Jackson

$ 251,816

$ 132/sqft

Oakfield

$ 137,686

$ 124/sqft

Medon

$ 169,450

$ 133/sqft

Denmark

$ 66,911

$ 60/sqft

Beech Bluff

$ 294,900

$ 134/sqft

Mercer

$ --

$ --

Pinson

$ 198,608

$ 128/sqft

Housing Market Summary for Madison County, TN

Mar 2023February 2024Change
Median Listing Price$259.9K$200.8K-22.75%
Median Sold Price$199.7K$200.8K0.53%
Homes For Sale19322717.62%
Homes Sold8779164.45%
Price
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Homes For Sale
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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%.

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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 $299,900, and Pinson is most affordable with average house prices of around $139,900.

Foreclosure
There are 7 cities within Madison County, TN; within these cities, the median estimated home value for homes in foreclosure ranges from $248,675 in Denmark to the lowest value of $64,900 in Denmark. Foreclosure homes account for 0.00% of properties in Madison County, TN with Jackson containing 23 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-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 Owned
    The median estimated home value of bank owned homes (REO properties) in Madison County, TN ranges from the highest value of $177,765 in Beech Bluff to the lowest value of $64,900 in Denmark. Bank owned homes and properties account for 0.01% of properties in Madison County, TN. There are 7 cities within Madison County, TN; Jackson containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Jackson has 21 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 $69,494 in Denmark.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.67% of residential properties in Madison County, TN with Jackson containing 199 homes for sale, the highest number of listed properties in a single city. There are 7 cities within Madison County, TN; homes for sale in those cities, have a range of median values from $330,889 in Beech Bluff to the lowest value of $21,930 in Jackson.
    Sold Homes
    The median value for recently sold homes ranges from $209,651 in Oakfield to the lowest price of $20,358 in Oakfield. There are 7 cities within Madison County, TN. Jackson has 786 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.49% of properties in Madison County, TN.

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      Guide for Madison County, TN

      Market Reports
      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Tennessee
      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Home Buying Guides & Tips
      Tennessee Foreclosure Laws
      Investing Strategies
      How To Decide Which Real Estate Market To Invest In
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      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Market Reports|posted 8 March 2024

      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.

      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Tennessee|posted 23 January 2024

      Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices

      Tennessee Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Tennessee Foreclosure Laws

      How To Decide Which Real Estate Market To Invest In
      Investing Strategies|posted 8 March 2024

      We list the key factors and strategies to consider when deciding which real estate market to invest in.