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Foreclosure Homes in Medon, TN 38356

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Medon, TN Foreclosures

Current Market Conditions in in Medon, TN As of April 2026?
Over the past month, the Medon real estate market has experienced increased activity, with more homes being put up for sale. The average time homes spend on the market has decreased slightly, indicating that buyers are showing active interest, likely drawn by the market’s affordability and charm. A few homes have received multiple offers, affirming the ongoing demand and the competitive nature of the market.
How much do homes sell for in Medon, TN?
The average home price is currently $194,066.
In Medon, TN, how many homes are available?
There are currently 8 active home listings available in Medon.
What’s the average rental cost in Medon, TN?
The average rental price in Medon is $932.
What is the most expensive home in Medon?
The most expensive home sold in Medon had a price of $2,857,692.
What is currently the cheapest priced home in Medon, TN?
The cheapest home for sale in Medon is priced at $2,765.

Living in Medon, TN

Medon, Tennessee is a quaint town offering the charm of rural living with access to urban amenities nearby. It features a community-oriented atmosphere, making it great for families and those looking for a peaceful lifestyle. Enjoy outdoor activities and local schools, all while being a short drive from Jackson, TN.

Buyer vs Seller Market in Medon, TN

The Medon real estate market has shown moderate growth over the past few years. Home prices remain relatively affordable compared to larger surrounding cities, making it an attractive option for first-time buyers and investors looking for rental properties. With the ongoing demand for homes in small towns, Medon has seen a steady increase in listings as potential homebuyers seek the charm and tranquility of rural living.

Trends indicate that more people are moving to smaller towns like Medon as remote work arrangements allow for greater flexibility in residential locations. This trend is contributing to a slight increase in property values as demand continues to rise.

Home Value Estimator For Medon, TN

There are currently 2,000 real estate properties in Medon, TN, with a median automated valuation model (AVM) price of $143,818.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Medon, 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 Medon, TN, is $194,066.00, with the most expensive house in Medon, TN, topping out at $2,857,692.00 and the cheapest home in Medon, TN, clocking in at $2,765.00. In other words, there’s something for every potential homebuyer or savvy investor in Medon, TN!

Rent Prices In Medon, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Medon, TN, is on a rollercoaster ride. The average rent price in Medon, TN, is $932.00. Indeed, when looking to rent in Medon, TN, you can expect to pay as little as $510.00 or as much as $1,940.00, with the average rent median estimated to be $860.00. The good news is that finding an affordable and desirable property to rent in Medon, 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.

Medon, TN 38356 Foreclosures


Market Trend for Medon, TN

Total Listings Available: 8

Market Values:

Home Prices from $2,765 to $2,857,692

Average Sales Price: $194,066

Rental Values:

Rental from $510 to $1,940

Average Rent Value: $932 / month

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