James & Stephanie Crawford

Madison, TN 37115

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Madison, TN 37115

Mon Jun 17 2019
This week the median list price for Madison, TN 37115 is $267,900 with the market action index hovering around 60. This is an increase over last month's market action index of 57. Inventory has held steady at or around 49. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Madison, TN 37115

Mon Jun 17 2019
This week the median list price for Madison, TN 37115 is $267,900 with the market action index hovering around 60. This is an increase over last month's market action index of 57. Inventory has held steady at or around 49. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Madison market.
Median List Price $267,900
Per Square Foot $162
Days on Market 78
Price Decreased 29%
Price Increased 6%
Relisted 61%
Inventory 49
Median House Rent $1,449
Most Expensive $999,900
Least Expensive $159,000
Market Action Index
Strong Seller's Market
60

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$393,950 2,483 1 - 2.5 acres 4 3 57 2 2 38
$279,900 1,767 0.25 - 0.5 acre 3 2 51 3 4 29
$234,900 1,386 0.25 - 0.5 acre 3 1 57 6 3 159
$185,000 1,168 0.25 - 0.5 acre 2 1 69 7 6 85