Madisonville TN Housing Market Update (March 5, 2026)
Madisonville, TN – March 5, 2026 – Local market signals stayed balanced: $280K median sale price, $340K median list, and longer marketing times near 3 months.
In Madisonville, TN, recent market dashboards continue to point to a balanced pace. Buyers generally have time to compare options, while sellers still tend to get traction when a home is priced in line with current demand.
Top takeaways
- Median sale price: about $280K last month, up 1.3% year over year.
- Time to sell: roughly 89 days, suggesting patience (and pricing discipline) matters.
- Sale-to-list pricing: near 98%, meaning many deals are still closing close to asking.
Market snapshot
Redfin’s housing market dashboard shows a median sale price per square foot around $188. It also indicates typical homes are selling about 4.9% under list, with 4 homes sold in the latest month shown. Taken together, that supports the idea that buyers can find negotiating room, especially when homes sit longer or start above what recent sales suggest.
Realtor.com’s local market view reports about 163 homes for sale with a median list price around $340K, along with a median 89 days on market (data shown for December 2025). Those figures reinforce the “balanced market” read: there’s inventory to choose from, but well-positioned listings can still attract serious interest.
What to watch on active listings
- Use price reduced and days on market filters to spot potential negotiating room and identify listings that may be ready for a new offer strategy.
- Compare existing homes versus land/acreage and newer builds to see where inventory is building and where pricing may be firmer.
What are locals seeing right now: more price cuts, or more homes going pending quickly when they hit the market?