Is Madisonville, TX 77864 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Madisonville is a buyer’s market. With about 7.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply7.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market82Listing to accepted offer
Median price per sq ft$164▲ +24.6% vs. last year

The Madisonville housing market right now

In the three months ending August 31, 2026, 0% of homes in Madisonville, TX 77864 sold above their list price, the typical home went under contract in 82 days and there were 7.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 10 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (100 days then) and the median sale price fell 2% to $264,885. Overall, Madisonville is more competitive than a year ago, so tougher for buyers.

Nearby markets

Midway 75852 $80 /sq ftNorth Zulch 77872Buyer’s market $241 /sq ft Browse all markets →

Where Madisonville is

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Questions about Madisonville real estate

Is Madisonville a buyer’s or seller’s market?

A buyer’s market: there were 7.4 months of supply in Madisonville, TX 77864 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 Madisonville?

The typical home went under contract in 82 days in the latest three months.

Do homes in Madisonville sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.

What are property taxes in Madisonville?

About 0.98% of a home’s value a year in Madison County, or roughly $3,920 on a $400,000 home.

What is the median home price in Madisonville?

The median sale price was $264,885 in the three months ending August 31, 2026, about $164 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