Homes for sale under $200k in Madisonville, TN

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ABOUT THIS HOME
Homes for sale under $200k in Madisonville, TN
Home is only 5 years old, sits on a half-acre lot with a peaceful country setting while still offering quick access to town. Conveniently located less than 5 minutes from downtown Madisonville, just 20 minutes from Tellico Lake and the Cherokee National Forest, and only an hour from Knoxville, this property blends comfort with convenience. Inside, you'll find a spacious open floor plan perfect for modern living. The kitchen features a center island for extra seating and prep space, flowing seamlessly into the living and dining areas. The large bathroom provides comfort and functionality, while the walk-in closet adds plenty of storage. Whether you're looking for a first home, a downsizing o

$199,900

3 beds2 baths1,512 sq ft

226 Hill Loop, Madisonville, TN 37354

Move-in ready • Half-acre lot • Walk-in closet

(423) 442-3944

ABOUT THIS HOME
Homes for sale under $200k in Madisonville, TN
Low maintenance vinyl siding rancher with large covered front porch. Corner lot location. 3 bedroom/1 bath on one level. Metal roof. Carpet, laminate, vinyl flooring. Established neighborhood. In convenient proximity to Madisonville City amenities. Property is owned by the US Dept. of HUD. HUD case # 481-486431. FHA financing IE (Insured Escrow). 203K Eligible (YES). Subject to an FHA appraisal. Buyer selects closing agent/firm. Seller makes no representations or warranties as to property condition. HUD homes are sold as-is. Equal Housing Opportunity. Housing type, age, square footage, lot size, total rooms, bedroom and bath count per HUD appraisal. Taxes per Monroe County Assessor. Water,

$198,000

3 beds1 bath1,008 sq ft

916 Monroe Cir, Madisonville, TN 37354

Metal roof • Corner lot location • 0.47 acre lot

(423) 746-4922

ABOUT THIS HOME
Homes for sale under $200k in Madisonville, TN
Just Listed - 214 Hickory Grove Rd, Madisonville, TN 37354 Spacious Home on 0.8 Acres | 3 Bedrooms + Bonus Room | Country Living at Its Best! Set on a peaceful 0.8-acre lot, this well-maintained home offers the perfect blend of comfort, space, and functionality—inside and out! Property Features: 3 Bedrooms plus a bonus bedroom. 2 Full Bathrooms. Open-concept living room and kitchen with a dedicated dining area and cozy sitting room. Spacious main suite featuring a walk-through closet and private bathroom. Oversized laundry room for added convenience. Large front and back decks perfect for entertaining or relaxing outdoors. Detached 2-car carport to keep your vehicles covered

$190,000

3 beds2 baths2,126 sq ft

214 Hickory Grove Rd, Madisonville, TN 37354

0.8 acres • Cozy sitting room • Walk-through closet

(423) 453-5722

ABOUT THIS HOME
Homes for sale under $200k in Madisonville, TN
Charming 2-bedroom, 1-bath home in the heart of Madisonville! This well-maintained property offers both covered front and back porches—perfect for relaxing mornings or evening gatherings. Conveniently located near shopping, restaurants, and local amenities. Inside, you'll find a functional layout with included appliances: washer, dryer, range, dishwasher, and refrigerator—all ready for move-in ease. A great opportunity for first-time buyers, downsizers, or investors! MOTIVATED SELLER!

$190,000

2 beds1 bath1,023 sq ft

577 Monroe St, Madisonville, TN 37354

0.52 acre lot • Built 1940 • Listed 170 days

(865) 966-5005

ABOUT THIS HOME
Homes for sale under $200k in Madisonville, TN
This beautifully renovated 2-bedroom, 1-bath cottage offers the perfect blend of modern comfort and cozy appeal. Situated on a nearly quarter-acre, cleared, and flat lot, this home provides numerous recent updates, making it move-in ready and perfect for those seeking a manageable place to call home. For added convenience, the bedrooms are equipped with Wi-Fi enabled heat. The bathroom features a brand new walk-in shower and hickory cabinet storage. The galley-style kitchen showcases a large pantry insert, new hickory cabinets, calacatta marble laminate countertops, and brand new appliances, including a range with microwave mounted overhead, and refrigerator. The laundry closet includes con

$180,000

2 beds1 bath528 sq ft

402 Pine St, Madisonville, TN 37354

Renovated cottage • Wi-fi enabled heat • New hickory cabinets

(423) 220-3672

Property at 1056 Big Creek Rd, Madisonville, TN 37354, 3 beds, 2 baths

$179,900

3 beds2 baths2,304 sq ft

1056 Big Creek Rd, Madisonville, TN 37354

(423) 745-4446

Property at 2010 Green Rd, Madisonville, TN 37354, 2 beds, 1 bath

$154,900

2 beds1 bath1,518 sq ft

2010 Green Rd, Madisonville, TN 37354

(423) 836-9494

Property at 550 Happy Hollow Rd, Madisonville, TN 37354, 3 beds, 2 baths

$150,000

3 beds2 baths2,432 sq ft

550 Happy Hollow Rd, Madisonville, TN 37354

(423) 405-5157

Property at 1043 Patterson St, Madisonville, TN 37354, 4 beds, 3 baths

Unknown

4 beds3 baths1,800 sq ft

1043 Patterson St, Madisonville, TN 37354

(865) 938-3403

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ABOUT THIS HOME
Homes for sale under $200k in Madisonville, TN
This is a beautiful starter home just a few miles from historic downtown Tellico Plains. Far enough from the center of town to avoid all the road noise, but close enough to walk to if you desired. It is also a short drive to the Tellico river, and the Cherokee National Forest. This 2 bed 2 bath house is only a few appliances away from being move in ready. Quiet and peaceful, this house has a covered front porch, wooden back deck, and a storage shed that is keyed to the same locks as the home. Once inside, you are greeted with an open living room connected to the kitchen. The kitchen comes with a small pantry, and a very open layout. There is a bonus room to the right as you enter that could

$200,000

2 beds2 baths1,344 sq ft

171 Lee Rd, Tellico Plains, TN 37385

Covered front porch • Open living room • Wooden back deck

(423) 442-3944

ABOUT THIS HOME
Homes for sale under $200k in Madisonville, TN
GREAT LOCATION NOT FAR FROM ATHENS No Restrictions! Prime Acreage with Barn, Pond(does need some work) , & Road Frontage - Mini-Farm or Commercial Potential , electric and well already on the property! Opportunity awaits with this versatile East Tennessee property offering rolling pastureland, a well-equipped barn, a pond, and excellent road frontage. Whether you're seeking a private mini-farm, a dream homesite, or land with strong commercial potential, this tract checks all the boxes. Property Highlights: Acreage: Expansive, fenced pasture suitable for livestock, cattle, horses, or crop use. Barn: Traditional wooden barn with stalls, lean-to extensions, and equipped with electric and

$199,900

— beds— baths— sq ft

000 County Road 429 Rd, Englewood, TN 37329

Well equipped barn • Great location • Road frontage

ABOUT THIS HOME
Homes for sale under $200k in Madisonville, TN
AS IS, Doublewide with 3 Bedrooms and 2 full baths located on 1.87 level acres. Property includes a large fenced in backyard and a storage shed. Located just outside city limits.

$199,900

3 beds2 baths1,568 sq ft

313 Burton Rd, Sweetwater, TN 37874

1.87 acre lot • Built 2004 • Listed 74 days

ABOUT THIS HOME
Homes for sale under $200k in Madisonville, TN
BACK ON THE MARKET at no fault of the seller. LOCATION & TRANQUILITY! This quaint 2-bedroom, 1-bath home sits on just under an acre in a peaceful country setting mere minutes from public lake access, marinas, restaurants, shops, and other local amenities. The generous lot offers plenty of room for expansion—whether you're considering an addition, outdoor living upgrades, or even future development potential. Surrounded by nature and wildlife yet less than a mile off Hwy 411, this property combines privacy with convenience, making it a smart option for getting away from it all, vacation use, rental investment, or long-term growth. The upgrades in recent years of new roof &

$199,500

2 beds1 bath1,200 sq ft

268 Mountain View Dr, Vonore, TN 37885

Generous lot • Hvac • Public lake access

(865) 984-2121

ABOUT THIS HOME
Homes for sale under $200k in Madisonville, TN
Brand New Manufactured Home 3 Bedrooms | 2 Bathrooms Situated on a spacious 0.75-acre lot Located in a peaceful country setting Just a little over an hour from Knoxville or Chattanooga. This charming brand-new manufactured home, offering the perfect blend of comfort and convenience. Enjoy serene country living while staying close to two vibrant cities.

$199,400

3 beds2 baths1,300 sq ft

423 Mccroskey St, Englewood, TN 37329

Spacious lot • 0.75 acre lot • Built 2025

(423) 836-4100

ABOUT THIS HOME
Homes for sale under $200k in Madisonville, TN
Come snatch this gem up before it's gone for good! Here's your opportunity to own a charming cabin in the beautiful town of Tellico Plains. This three-bedroom, two-bathroom home offers a fantastic mountain lifestyle and embodies the charm of small-town living, just 15 minutes from the Cherohala Skyway. With a little tender loving care, this cabin can become your ideal mountain getaway. With a small creek on the back, you can hear the beautiful water trickle. Come and make it your home! Call for your private showing today or any questions about the property

$199,000

3 beds2 baths1,768 sq ft

1935 Fairview Rd, Tellico Plains, TN 37385

1.36 acre lot • Built 2000 • Listed 193 days

(865) 238-0002

Property at 1021 E Farrell St, Niota, TN 37826, 3 beds, 1.5 baths

$195,000

3 beds1.5 baths1,121 sq ft

1021 E Farrell St, Niota, TN 37826

Property at 145 Old Sweetwater Rd, Sweetwater, TN 37874, 3 beds, 2 baths

$188,500

3 beds2 baths2,432 sq ft

145 Old Sweetwater Rd, Sweetwater, TN 37874

Property at 2580 Reed Springs Rd, Sweetwater, TN 37874, 3 beds, 2 baths

$185,000

3 beds2 baths1,568 sq ft

2580 Reed Springs Rd, Sweetwater, TN 37874

(865) 983-0011

Property at 6778 Hwy 360, Tellico Plains, TN 37385, 2 beds, 2 baths

$175,900

2 beds2 baths783 sq ft

6778 Hwy 360, Tellico Plains, TN 37385

Property at 811 Hudson St, Sweetwater, TN 37874, 3 beds, 1 bath

$174,900

3 beds1 bath968 sq ft

811 Hudson St, Sweetwater, TN 37874

(865) 365-2280

Property at 201 Browder St, Sweetwater, TN 37874, 3 beds, 1 bath

$159,900

3 beds1 bath1,092 sq ft

201 Browder St, Sweetwater, TN 37874

(423) 836-9119

Property at 912 N Price St, Sweetwater, TN 37874, 2 beds, 1 bath

$154,900

2 beds1 bath1,405 sq ft

912 N Price St, Sweetwater, TN 37874

Property at 205 Mahala Rd, Sweetwater, TN 37874, 3 beds, 1 bath

$154,900

3 beds1 bath1,096 sq ft

205 Mahala Rd, Sweetwater, TN 37874

(423) 453-5722

Property at 845 Gamble Gap Rd, Tellico Plains, TN 37385, 3 beds, 2 baths

$152,500

3 beds2 baths700 sq ft

845 Gamble Gap Rd, Tellico Plains, TN 37385

(423) 442-3944

Property at 122 H St, Sweetwater, TN 37874, 2 beds, 1 bath

$149,900

2 beds1 bath816 sq ft

122 H St, Sweetwater, TN 37874

(423) 836-9119

Property at 224 Pond St, Englewood, TN 37329, 2 beds, 2 baths

$149,900

2 beds2 baths1,556 sq ft

224 Pond St, Englewood, TN 37329

Property at 110 Old Englewood Rd, Englewood, TN 37329, 3 beds, 1 bath

$149,000

3 beds1 bath1,372 sq ft

110 Old Englewood Rd, Englewood, TN 37329

(423) 746-0227

Property at 914 Cannon Ave, Sweetwater, TN 37874, 2 beds, 1 bath

$149,000

2 beds1 bath1,018 sq ft

914 Cannon Ave, Sweetwater, TN 37874

(865) 693-3232

Property at 102 Cabin Cir, Philadelphia, TN 37846, 2 beds, 2 baths

$119,900

2 beds2 baths1,216 sq ft

102 Cabin Cir, Philadelphia, TN 37846

(865) 357-1537

Homes for sale under $200k in Madisonville

There are currently 9 homes for sale under $200k in Madisonville. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Madisonville stay on the market for 76 days. This map is refreshed with the newest listings in Madisonville every 15 minutes.

In the past month, 3 homes have been sold in Madisonville. In addition to houses in Madisonville, there was also 1 condo, 1 townhouse, and 0 multi-family units for sale in Madisonville last month. Find your dream home in Madisonville using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Madisonville are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Madisonville. Our Madisonville real estate stats and trends will give you more information about home buying and selling trends in Madisonville. If you're looking to sell your home in the Madisonville area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Madisonville with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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