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Housing in Madisonville

85 homes sold in Madisonville in the last year, at a typical $292K

Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Madisonville homes are listed.

Homes sold
85
October 2025 to September 2026
Typical sale price
$292K
median, weighted by sales
Price per square foot
$205
Tennessee $208
Paid vs. asking
96.9%
12% sold over asking
For sale now
32
September 2026 · 10 sold that month
What sold · last 12 months

Houses are 0% of Madisonville’s sales, at a typical — (year to May 2026)

85 homes sold in the year to September 2026.

14 years of sales

More homes sell than most years, at 2.3 times the 2016 price

85 sales in the last year, against 95 in 2022 and a low of 39 in 2012. The typical sale went from $128K in 2016 to $292K.

Homes soldTypical sale price
0255075100$100K$200K$300K$400K2012: 39 sold, typical $96K’122013: 55 sold, typical $114K2014: 52 sold, typical $107K’142015: 61 sold, typical $120K2016: 71 sold, typical $128K’162017: 79 sold, typical $125K2018: 72 sold, typical $141K’182019: 86 sold, typical $161K2020: 89 sold, typical $171K’202021: 92 sold, typical $230K2022: 95 sold, typical $257K’222023: 83 sold, typical $271K2024: 73 sold, typical $304K’242025: 71 sold, typical $277KLast 12 months: 85 sold, typical $292KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 14 years of sales

Bidding wars in Madisonville are rarer than before the pandemic, with about as many homes for sale

We read every month of Madisonville’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 85 sales.

If you’re buying in Madisonville

  • Shop in April. It brings about 9 new listings a month, close to the busiest month, with fewer bidding wars (16% over asking).
  • Offer under asking. Buyers paid 96.9% of the list price on average; 12% paid over.
  • You’ll usually have time. Only 22% of homes go under contract within two weeks; the typical one takes 79 days.
Best time to buy

Summer brings the homes; fall brings the bidding wars

August has the most new listings (about 9 a month), but October is the most competitive: 21% of October sales close over asking. March and April offer nearly as much choice with fewer homes bid up (16%). January has the least competition (15%).

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 6 new listings a month, 15% sold over asking, 96 days to sellJFeb: 6 new listings a month, 17% sold over asking, 110 days to sellFMar: 7 new listings a month, 16% sold over asking, 105 days to sellMApr: 9 new listings a month, 16% sold over asking, 104 days to sellAMay: 9 new listings a month, 18% sold over asking, 91 days to sellMJun: 9 new listings a month, 17% sold over asking, 81 days to sellJJul: 8 new listings a month, 18% sold over asking, 82 days to sellJAug: 9 new listings a month, 20% sold over asking, 76 days to sellASep: 9 new listings a month, 20% sold over asking, 75 days to sellSOct: 9 new listings a month, 21% sold over asking, 73 days to sellONov: 8 new listings a month, 16% sold over asking, 77 days to sellNDec: 7 new listings a month, 17% sold over asking, 78 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Tennessee as a whole

Madisonville now2017–192021 peakTN now
Sold over askingShare of sales that closed above the list price12%18%29%13%
Gone within two weeksShare of homes under contract within 14 days22%19%44%26%
Price paid vs. askingAverage sale price ÷ list price96.9%96.9%99.6%97.3%
Days to sellMedian days from listing to contract791005472
Supply

33 homes for sale on a typical day

That’s 1.7 times the 2023 low (20), about the 2017–19 level and well under 2013’s 61.

2012: 46 for sale’122013: 61 for sale2014: 56 for sale2015: 46 for sale’152016: 44 for sale2017: 38 for sale2018: 25 for sale’182019: 30 for sale2020: 22 for sale2021: 21 for sale’212022: 26 for sale2023: 20 for sale2024: 28 for sale’242025: 29 for saleLast 12 months: 33 for saleNow
Across Tennessee

Madisonville ranks 85th of 126 busy Tennessee markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Madisonville is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Madisonville home costs about $1,643 a month

Mortgage
Property tax
Insurance
Rent

Price: Madisonville’s typical sale, last 12 months. Property tax at Madisonville’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Madisonville is affordable on local pay is on Cost of living.

Before you buy in Madisonville

Six things worth knowing

9

New listings in August

The month with the most choice. January has the fewest, about 6.

Best time to buy
0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $292K home, about $1,430 a year.

Taxes vs. neighbors
C−

Schools

The schools grade for Madisonville, from test results, graduation and how much students grow.

Schools in Madisonville
24 min

Typical commute

The average one-way trip to work for people who live in Madisonville.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Sweetwater, Englewood and Niota sell for less a square foot; Kahite and Rarity Bay for far more

The busier markets within 25 miles of Madisonville, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Sweetwater128$277K$18311%69
Madisonville85$292K$20512%79
Niota58$283K$16922%75
Vonore42$343K$20110%74
Rarity Bay41$865K$2747%133
Kahite39$728K$2744%115
Englewood21$185K$14422%70

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Madisonville, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Madisonville. People who follow the town see it, and so do people comparing Madisonville with their own town. No commission, no listing fee.

Questions about buying a home in Madisonville

What do homes sell for in Madisonville, TN?

85 homes sold in the year to September 2026 at a typical $292K, $205 a square foot.

Is Madisonville a buyer’s or seller’s market?

A seller’s market: 32 homes were for sale in September 2026 and 10 sold, about 3.2 months of supply. Buyers paid 96.9% of asking on average.

When is the best time to buy in Madisonville?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Madisonville?

About 0.5% of a home’s value a year. On a $292K home that’s near $1,430.

Where can I see homes for sale in Madisonville?

Zillow, Redfin, Realtor.com and Homes.com all carry Madisonville’s MLS listings; the search links above open each one filtered to Madisonville.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).