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Madison Home Values and Market Report

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Report prepared by Thfre.com Tennessee Home & Farm Real Estate
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Market at a glance

Over the last 12 months, homes sold for 97.6% of list price in 65 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $351K Sold · $349K
$430K$390K$350K$310K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 47 sales in Jul. Last month: 13.

Where the market stands

All homes in this report, by status.

701homes
Active208 · 30%
Under contract84 · 12%
Sold (12 mo)409 · 58%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.9months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$464K
Under contract$404K
Sold$359K

Average days on market

Active93 days
Under contract90 days
Sold65 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 208
Average list price $464,150 Based on 207 of 208 homes
Avg. days on market 93 days
Avg. price per ft² $248 Based on 180 of 208 homes
Avg. living area 1,625 ft² Based on 181 of 208 homes
Avg. beds / baths 2.9 / 2.3

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

28 homes didn’t report living area and aren’t shown.

3 homes are larger or pricier than this chart’s scale and aren’t shown.

$900K$600K$300K$0

Price vs. living area: 177 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

31 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

323 Menees Ln$1,008
608 Creative Way$431
1544 Neelys Bend Rd$413
1018 S Graycroft Ave$413
1200 Pierce Rd$401
1461 Neelys Bend Rd$389
1102 Fernbank Dr$386

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
230 Cedarwood LnMadison, TN 37115 231,356$225,000$1650 days
1021 Heritage DrMadison, TN 37115 221,263$207,000$16327 days
1011 S Gallatin PikeMadison, TN 37115 ———$1,250,000—29 days
321 E Marthona RoadMadison, TN 37115 311,112$399,000$35829 days
831 Walnut StMadison, TN 37115 311,125$329,900$2930 days
1836 Stable CtMadison, TN 37115 331,545$369,000$23832 days
250 Madison BlvdMadison, TN 37115 431,836$449,900$24531 days
732 Inspiration Blvd Unit #3Madison, TN 37115 332,003$519,900$25932 days
308 Myatt DrMadison, TN 37115 231,360$274,900$20232 days
319 Maple StMadison, TN 37115 321,255$360,000$28632 days
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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.