Stephanie & James Crawford

Madison, TN 37115

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Madison, TN 37115

Sun Jul 21 2019
This week the median list price for Madison, TN 37115 is $278,900 with the market action index hovering around 55. This is less than last month's market action index of 57. Inventory has held steady at or around 51. Click here to stay informed with the Madison market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Madison, TN 37115

Sun Jul 21 2019
This week the median list price for Madison, TN 37115 is $278,900 with the market action index hovering around 55. This is less than last month's market action index of 57. Inventory has held steady at or around 51. Click here to stay informed with the Madison market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Madison market.
Median List Price $278,900
Per Square Foot $163
Days on Market 58
Price Decreased 35%
Price Increased 2%
Relisted 35%
Inventory 51
Median House Rent $1,325
Most Expensive $999,900
Least Expensive $119,900
Market Action Index
Strong Seller's Market
55

We continue to see prices in this zip bounce around these current levels. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$379,450 2,419 1 - 2.5 acres 4 2 34 2 2 39
$289,900 2,010 0.25 - 0.5 acre 3 2 33 2 1 36
$245,000 1,491 8,000 - 10,000 sqft 3 2 48 2 1 102
$196,000 1,122 6,500 - 8,000 sqft 3 1 66 4 7 55