Madison County, TN Average Home Price (2026)
The average home price in Madison County, Tennessee is about $204,000 (the 2026 median across 9 ZIP codes, at ~$166/sq ft) — 24% more affordable than the Tennessee median and 29% more affordable than the typical U.S. home.
How Madison County compares
Madison County is relatively affordable for housing nationally: its typical home costs $204,000 against $267,000 for Tennessee and $289,000 for the U.S. Within the county, ZIP-level values run from about $134,000 to $320,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Madison County | $204,000 | $166 |
| Tennessee | $267,000 | $213 |
| United States | $289,000 | $193 |
Madison County home prices by ZIP code
The 9 most valuable ZIP codes in Madison County (of 9 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 38355 Medina | $320,000 | $173 | +57% |
| 38305 Jackson | $273,000 | $166 | +34% |
| 38313 Beech Bluff | $214,000 | $204 | +5% |
| 38356 Medon | $210,000 | $150 | +3% |
| 38362 Oakfield | $204,000 | $154 | +0% |
| 38366 Pinson | $188,000 | $193 | -8% |
| 38392 Mercer | $188,000 | $189 | -8% |
| 38391 Denmark | $182,000 | $108 | -11% |
| 38301 Jackson | $134,000 | $139 | -34% |
Home value appreciation in Madison County
Home prices in Madison County have risen about 107% over the last 10 years (≈7.5% a year) and +101.5% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +0.9% — roughly flat. A home worth $204,000 today was worth roughly $98,646 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, Tennessee is +113.5% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Madison County
Run the numbers for Madison County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Madison County
To buy the typical $204,000 home in Madison County with 20% down, you need a household income of roughly $56,000 a year (about $1,300 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $66,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $10,200 | $1,610/mo | $69,000/yr |
| 10% (+PMI) | $20,400 | $1,540/mo | $66,000/yr |
| 20% | $40,800 | $1,300/mo | $56,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Madison County
At about $166 per square foot, here is roughly how much home different budgets get you in Madison County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 900 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1200 sq ft | around the typical home here |
| $250k | 1510 sq ft | around the typical home here |
| $300k | 1810 sq ft | above the median — larger homes or the pricier ZIPs |
| $400k | 2410 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Tennessee.
Estimate a specific home in Madison County
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Madison County home prices: frequently asked
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Browse all Tennessee cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.