Market report, updated

Market Report

Search in the city of Madison

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Report prepared by Nashvilleadvantage.com Nashville Advantage

Market at a glance

Over the last 6 months, homes sold for 99.6% of list price in 49 days on average.

Average price, last 12 months

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

List · $323K Sold · $334K
$430K$390K$350K$310K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 48 sales in Oct. Last month: 48.

Where the market stands

All homes in this report, by status.

511homes
Active196 · 38%
Under contract63 · 12%
Sold (6 mo)252 · 49%

Buyer's or seller's market?

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

4.7months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$436K
Under contract$408K
Sold$344K

Average days on market

Active73 days
Under contract85 days
Sold49 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 196
Average list price $435,699
Avg. days on market 73 days
Avg. price per ft² $245 Based on 165 of 196 homes
Avg. living area 1,569 ft² Based on 165 of 196 homes
Avg. beds / baths 2.8 / 2.2

Price vs. living area

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

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

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

$900K$600K$300K$0

Price vs. living area: 163 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.

36 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$416
1018 S Graycroft Ave$413
1200 Pierce Rd$401
1461 Neelys Bend Rd$389
1102 Fernbank Dr$386
1317 Fernbank Dr$383

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1301 Neelys Bend Rd Unit 35Madison, TN 37115 221,104$200,000$1810 days
808 Usher DrMadison, TN 37115 331,468$385,000$2620 days
122 Chadwick CtMadison, TN 37115 341,874$364,900$1941 day
1104 Riverview RunMadison, TN 37115 432,323$498,240$2141 day
214 Nesbitt LnMadison, TN 37115 ———$279,900—1 day
109 Gibson DrMadison, TN 37115 311,325$299,000$2251 day
606 N Graycroft AveMadison, TN 37115 322,333$299,900$1281 day
605 Creative WayMadison, TN 37115 ———$450,000—2 days
420 Walton Ln Unit I35Madison, TN 37115 11652$105,000$1611 day
1301 Neelys Bend Rd Unit 42Madison, TN 37115 11680$125,000$1833 days
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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.