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MEDON, TN 38356

Real Estate Market Report  ·  Madison County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
9
⇧ 28.6% vs 7 last year
Pending
2
22% pending ratio
Median Price
$189,900
⇩ 7.4% vs $205,000 last year
Average Price
$237,579
⇩ 6.8% vs $254,807 last year
Days on Market
68
⇧ 41.7% vs 48 days last year

Market Context

Population: 2,867  ·  Density: 14.2/mi²  ·  Median household income: $62,928

Typical home value: $167,139  ·  Homeownership: 73.2%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The MEDON, TN real estate market (38356) currently shows 9 active listings, with 2 pending sales. Homes are averaging 68 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 68 days on market compared to 48 days last year.

The median listing price has fallen 7.4% year-over-year, from $205,000 to $189,900.

Whether you are buying or selling in MEDON, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 9 this year vs 7 last year
  • Days on market: 68 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $189,900 (-7.4% YoY)
  • Average: $237,579 (-6.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.7 miles — 259 listings ($79,305,136 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38356Medon, TN 383560.0 mi9$2,138,211$189,900$237,579
38392Mercer, TN 383928.4 mi4$2,781,200$275,900$695,300
38391Denmark, TN 383919.5 mi1$1,990,000$1,990,000$1,990,000
38340Henderson, TN 3834012.0 mi57$17,536,848$260,000$307,664
38075Whiteville, TN 3807515.7 mi8$3,204,464$374,900$400,558
38334Finger, TN 3833417.9 mi5$1,877,125$265,900$375,425
38315Bethel Springs, TN 3831519.0 mi15$3,873,705$217,500$258,247
38362Oakfield, TN 3836220.8 mi4$1,225,332$309,000$306,333
38006Bells, TN 3800621.2 mi13$5,801,315$309,900$446,255
38345Huron, TN 3834523.7 mi8$2,366,232$299,900$295,779
38012Brownsville, TN 3801224.4 mi58$17,635,770$245,000$304,065
38337Gadsden, TN 3833724.9 mi6$2,139,240$389,000$356,540
38375Selmer, TN 3837525.7 mi71$16,735,694$199,000$235,714

Frequently Asked Questions

How many homes are for sale in MEDON, TN 38356?

As of January 2026, there are 9 active listings in MEDON, TN (zip code 38356), compared to 7 the prior year.

What is the median home price in MEDON, TN 38356?

The median listing price in MEDON, TN 38356 is $189,900 as of January 2026, a 7.4% decrease from $205,000 the prior year.

How long do homes stay on the market in MEDON, TN?

Homes in MEDON, TN 38356 spend an average of 68 days on the market before going under contract, compared to 48 days the prior year.

Is it a seller's or buyer's market in MEDON, TN 38356?

Based on current inventory and days-on-market data as of January 2026, MEDON, TN 38356 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 68 days on market compared to 48 days last year.

How much can I save on real estate commission in MEDON, TN?

With SELL123.com's maximum 3% commission, sellers in MEDON, TN 38356 save an estimated $3,798 compared to a typical 5% commission on the median listing price of $189,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.