Madisonville, TN37354

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$274,000
1.5% YoY Growth
Median Household Income
$53,500
47.7% 5-Year Growth
Days on Market
75
23.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$995
19.0% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$995
15.8% YoY Growth
3-Bed Rent
$850
9.8% YoY Growth

Property Listings — Madisonville, TN

As of Oct '25, Realtor.com reports that the median days on market for a home in Madisonville, TN is 75. This is a increase of 23.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 41.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$391,0005.0%
Listing Count
10226.0%
Listings as % of Homes0.8%26.0%
Days on Market
7523.0%
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Demographics — Madisonville, TN

As of the latest ACS Survey released in 2023, Madisonville, TN has a population of 17,400, which has remained stable by -0.1% over the past 5 years. Madisonville, TN is a moderately popular place for families, as children make up 22.4% of the population. The area has a poorly educated workforce, with 13.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
17,400-0.1%
% Under 18
22.4%6.2%
% Seniors
22.2%12.7%
% WFH
4.6%91.7%
% w/ College Degree
13.3%18.8%
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As of the latest ACS Survey released in 2023, Madisonville, TN is a predominantly white area, with 89.6% of the population identifying as white. The white population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in Madisonville, TN is hispanic, making up 3.0% of the population. Foreign-born residents account for 0.7% of the population in Madisonville, TN, and this percentage has decreased by 74.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
89.6%-1.4%
% Black
1.4%-30.0%
% Hispanic
3.0%-46.4%
% Asian
0.1%∞%
% Foreign Born
0.7%-74.1%
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Mortgage and Risk — Madisonville, TN

According to HUD data as of 2023, there were 314 mortgage originations in Madisonville, TN, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Madisonville, TN. Investor activity is low, as 4.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
314
% Conventional Loans
64.0%
% Government Loans
36.0%
% Investor Loans
4.0%
% Second Loans
3.0%
% Cash Out Refinance
15.0%

Loan Activity

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Rentals and Section 8 — Madisonville, TN

Madisonville, TN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
103
Total Units Section 8
68
% Rentals under Section 8
N/A
% Occupied Section 8
83.9%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$750
2 Bedroom-$85$995$910
3 Bedroom$410$850$1,260
4 BedroomN/AN/A$1,300

Affordability — Madisonville, TN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.4
Median Home Price$274,000
Median Household Income$53,500

Madisonville, TN — ZIP Code Boundary Map

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Frequently Asked Questions