Madison Real Estate Trends & Statistics

Madison Median List Price

$99,900

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Madison Market Snapshot

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	Today	1 Month Ago		1 Year Ago
Total Inventory	234	216	8%	241	3%
Median List Price	$99,900	$99,500		$95,000	5%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	2%	3%		3%
Median DOM	69	63	10%	70	1%
Median House Size	1,290	1,356	5%	1,290
Median $/Sqft	$78/sqft	$76/sqft	3%	$73/sqft	7%

	Today	1 Month Ago		1 Year Ago
Total Inventory	174	165	5%	208	16%
Median List Price	$114,900	$113,900	1%	$99,000	16%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	3%	4%		4%
Median DOM	55	64	14%	70	21%
Median House Size	1,438	1,456	1%	1,330	8%
Median $/Sqft	$83/sqft	$80/sqft	4%	$73/sqft	14%

	Today	1 Month Ago		1 Year Ago
Total Inventory	60	51	18%	33	82%
Median List Price	$71,500	$62,500	14%	$84,900	16%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	-	-		-
Median DOM	88	58	52%	56	57%
Median House Size	1,120	1,120		1,214	8%
Median $/Sqft	$60/sqft	$55/sqft	9%	$69/sqft	13%

Madison Market Data

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	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	46	38	31	40	45	45	39
New Listings	71	49	36	69	73	57	66
Sold/Expired	65	77	69	82	75	65	68

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	38	31	27	34	37	36	33
New Listings	55	44	31	62	48	51	57
Sold/Expired	56	69	62	69	68	57	60

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	8	7	4	6	8	9	6
New Listings	16	5	5	7	25	6	9
Sold/Expired	9	8	7	13	7	8	8

Madison, Tennessee real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Madison homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Madison. Movoto is your comprehensive source for Madison property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Madison, TN Market Overview

Inventory: 234 Recently Sold: 68 New Listings: 66 Distressed: 2

Madison's home resale inventories increased, with a 8 percent increase since April 2013. Distressed properties such as foreclosures and short sales decreased as a percentage of the total market in May. The median listing price in Madison stayed the same from April to May. There were a total of 5 price increases and 39 price decreases.

Updated: 05/01/2013

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Nearby Homes for Sale

2309 Marsha Dr, Madison, TN