A polydimethylsilosane/multiwalled carbon nanotube (PDMS/MWCNT) nanocomposite, as a tensile-strain-sensing material, was manufactured using a simple solution casting method. The percolation threshold, the relationship between the temperature and resistance, the tensile sensitivity, and the mechanism of the tensile sensitivity of the PDMS/MWCNT nanocomposite were studied, along with its application in concrete crack monitoring. The results show that the PDMS/MWCNT nanocomposite demonstrated a significant percolation phenomenon. The resistance change ratio of the PDMS/MWCNT nanocomposite changed linearly with the environmental temperature, gradually decreasing with an increasing environmental temperature. The PDMS/MWCNT nanocomposite had a higher tensile sensitivity, and the sensing factor was 6.65 when the volume fraction of carbon nanotubes was 1.26