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Madisonville Home Values and Market Report

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Report prepared by Edmondsrealtygrouptn.com Edmonds Realty & Auction

Market at a glance

Over the last 12 months, homes sold for 97.8% of list price in 119 days on average.

Average price, last 12 months

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

List · $327K Sold · $316K
$390K$340K$290K$240K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 36 sales in Sep. Last month: 25.

Where the market stands

All homes in this report, by status.

462homes
Active139 · 30%
Under contract28 · 6%
Sold (12 mo)295 · 64%

Buyer's or seller's market?

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

5.1months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$375K
Under contract$456K
Sold$305K

Average days on market

Active152 days
Under contract131 days
Sold119 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 139
Average list price $375,095 Based on 136 of 139 homes
Avg. days on market 152 days
Avg. price per ft² $243 Based on 88 of 139 homes
Avg. living area 1,841 ft² Based on 90 of 139 homes
Avg. beds / baths 3.1 / 2.2

Price vs. living area

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

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

1 home is larger or pricier than this chart’s scale and isn’t shown.

$900K$600K$300K$0

Price vs. living area: 87 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.

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

Highest price per ft²

Top 7 homes in this status.

455 Hiwassee Rd$1,166
1210 Povo Rd$790
762 N Old Tellico Hwy$530
375 County Road 401$424
2636 Highway 411$402
500 County Road 409$379
467 Sleepy Valley Rd$376

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2636 Highway 411Madisonville, TN 37354 211,104$444,000$4022 days
1022 Scenic River RdMadisonville, TN 37354 321,710$500,000$2922 days
7440 Highway 68Madisonville, TN 37354 211,050$264,500$2510 days
516 Mill StMadisonville, TN 37354 211,040$319,000$3061 day
306 Kirk CircleMadisonville, TN 37354 421,592$425,000$2665 days
175 Park AveMadisonville, TN 37354 ———$40,000—4 days
1407 Ballplay RdMadisonville, TN 37354 342,627$549,900$2094 days
626 Laurel Lake CircleMadisonville, TN 37354 321,524$320,000$2094 days
Lots 9, 10, 11 Shiners Bluff DriveMadisonville, TN 37354 ———$250,000—4 days
145 Hartland DriveMadisonville, TN 37354 321,406$389,900$2774 days
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Questions about this market?

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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