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Featured local agent — Medon, TN
Sarah Mitchell
Compass Real Estate · Medon, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Medon, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$220,000median sale price
How is the Medon, TN housing market right now?
The median home sale price in Medon, TN is $220,000. Homes sell in an average of 25 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of September 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Medon a buyer's or seller's market?
Medon, TN is currently a balanced market and homes selling in about 25 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
25
Average pace
Active listings
—
Sale-to-list
100.0%
Above asking
What does the Medon housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $220,000 |
| Average days on market | 25 days |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $171/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Medon by property type?
How the Medon, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $220,000 | $171/sq ft | 1 | 25 days |
Source: Redfin · Updated monthly
The Medon housing market is currently classified as a balanced market with a median sale price of $220,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 25 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.8x provides context for how home values compare to local earning capacity.
Homes for sale in Medon
Explore homes currently listed for sale in Medon, Tennessee across major real estate platforms.
Who lives in Medon?
Population
243
Median income
$57,375/yr
Median age
48.2 years
Owner-occupied
94.2%
College grads
18.1%
Avg commute
27.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Medon?
Zillow home value
$215,403
Price-to-income
3.8x
Source: Zillow Research
What is it like to live in Medon?
Medon is a community of approximately 0K residents with a median age of 48.2 years.The median household income is $57,375, which represents a working-class community with solid middle-income opportunities. 18.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 94.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Medon offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Medon, TN?
Want a head-to-head view? Compare Medon side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Medon?
The median home sale price in Medon is $220,000, down 0.0% from last year.
How long do homes stay on market in Medon?
Homes typically spend 25 days on market before going under contract.
What is the median income in Medon?
The median household income is $57,375 per year.
What is the Zillow home value estimate for Medon?
The Zillow Home Value Index (ZHVI) for Medon is $215,403, representing the typical home value in the area.
How much does a single-family home cost in Medon?
The median single-family home price in Medon, TN is $220,000 (about $171 per square foot).
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