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Foreclosure Auction Homes in Madison, TN

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Madison, TN Foreclosures

How much do homes sell for in Madison, TN?
The average home price is currently $437,438.
In Madison, TN, how many homes are available?
There are currently 6 active home listings available in Madison.
What’s the average rental cost in Madison, TN?
The average rental price in Madison is $1,258.
What is the most expensive home in Madison?
The most expensive home sold in Madison had a price of $44,384,730.
What is currently the cheapest priced home in Madison, TN?
The cheapest home for sale in Madison is priced at $14,939.

Living in Madison, TN

Madison, TN, combines the charm of suburban living with easy access to Nashville's vibrant amenities. With a range of parks, schools, and community events, it provides an inviting atmosphere for all. Residents can enjoy both peaceful suburban life and the excitement of urban adventures just a short drive away.

Current Market Conditions in Madison, TN

The current real estate market in Madison is quite favorable for buyers and sellers alike. With home prices showing a gradual increase and inventory levels holding steady, the area is experiencing a healthy balance of supply and demand. There has been a noticeable interest from both first-time homebuyers and investors, particularly in single-family homes and townhouses, which are becoming increasingly popular due to their affordability compared to Nashville city prices.

As of late 2023, new constructions have started creeping into the market, alongside existing homes, which provides more options and helps cater to the growing population seeking affordable housing in the suburb.

Recent statistics show that the average home price in Madison has risen slightly over the past few months, with a vibrant mix of traditional and contemporary properties available.

Home Value Estimator For Madison, TN

There are currently 12,421 real estate properties in Madison, TN, with a median automated valuation model (AVM) price of $327,875.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Madison, TN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Madison, TN, is $437,438.00, with the most expensive house in Madison, TN, topping out at $44,384,730.00 and the cheapest home in Madison, TN, clocking in at $14,939.00. In other words, there’s something for every potential homebuyer or savvy investor in Madison, TN!

Rent Prices In Madison, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Madison, TN, is on a rollercoaster ride. The average rent price in Madison, TN, is $1,258.00. Indeed, when looking to rent in Madison, TN, you can expect to pay as little as $700.00 or as much as $2,380.00, with the average rent median estimated to be $1,250.00. The good news is that finding an affordable and desirable property to rent in Madison, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Madison, TN Foreclosure Auction Homes


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