Is Medina, TN 38355 a buyer’s or seller’s market?
Medina is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 19% of U.S. ZIP codes, and #190 of 299 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Medina housing market right now
In the three months ending August 31, 2026, 8% of homes in Medina, TN 38355 sold above their list price, the typical home went under contract in 53 days and there were 4.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 41 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (6% then), homes sold faster (67 days then) and the median sale price fell 5% to $362,343. Overall, Medina is more competitive than a year ago, so tougher for buyers.
Within Madison County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 50%. On our competition score, Medina ranks #190 of 299 TN ZIP codes with enough sales (score 25 out of 100).
Nearby, buyers who want less competition could look at Mercer 38392 (0% sold over asking) or Denmark 38391 (0% sold over asking), while Beech Bluff 38313 (33% sold over asking) and Oakfield 38362 (20% sold over asking) are even more competitive.
Run the numbers for 38355
Nearby markets
Beech Bluff 38313Seller’s market $158 /sq ftDenmark 38391Buyer’s market $164 /sq ftJackson 38301Seller’s market $128 /sq ftJackson 38305Seller’s market $157 /sq ft Browse all markets →Towns like Medina nearby
Find towns like Medina in other states →Where Medina is
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Questions about Medina real estate
Is Medina a buyer’s or seller’s market?
A balanced market: there were 4.6 months of supply in Medina, TN 38355 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Medina?
The typical home went under contract in 53 days in the latest three months.
Do homes in Medina sell over asking?
8% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.
What are property taxes in Medina?
About 0.56% of a home’s value a year in Madison County, or roughly $2,240 on a $400,000 home.
What is the median home price in Medina?
The median sale price was $362,343 in the three months ending August 31, 2026, about $174 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology