Medina, TN
Housing market overview · Updated weekly
$360,000median sale price
Homes sold
5
Last 12 weeks
Days on market
153
Average pace
Active listings
38
7.6 months supply
Sale-to-list
97.8%
Below asking
Medina, TN housing market analysis
The Medina housing market is currently classified as a buyer's market with a median sale price of $360,000. Prices have increased 41.2% compared to last year, reflecting continued demand and limited supply putting upward pressure on home values across the area. Homes in Medina spend an average of 153 days on market before going under contract, which is above average, giving buyers more time to evaluate properties and negotiate favorable terms.
With 7.6 months of supply, there is ample inventory available in Medina. This surplus gives buyers significant leverage to negotiate on price, request repairs, and take time with due diligence. Sellers may need to consider strategic pricing and property improvements to stand out in a crowded market. The average sale-to-list price ratio stands at 97.8%, meaning homes are selling below asking price on average, suggesting room for negotiation.
There are currently 38 active listings in Medina, providing a very limited selection that intensifies competition among buyers. New listings coming to market totaled 9 in the most recent period, which suggests slower turnover with fewer new options entering the pipeline. Monitoring inventory trends over time provides one of the best leading indicators of where prices are headed. Rising inventory typically precedes price moderation, while declining inventory often signals continued price appreciation.
Whether you're a first-time homebuyer evaluating Medina as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare Medina with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.
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Frequently asked questions
What is the average home price in Medina?
The median home sale price in Medina is $360,000, up 41.2% from last year.
How long do homes stay on market in Medina?
Homes typically spend 153 days on market before going under contract.
Is Medina a buyer's or seller's market?
With 7.6 months of supply, Medina is currently a buyer's market.
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