August 19, 2025 • 2 mins
If you’ve been watching the Nashville real estate scene, you know it remains an arena of steady drama mixed with solid fundamentals. As of July 2025, Redfin reports the median home price in Nashville hit $480,000, nudging up by 1.8% compared to last year. Homes are lingering a bit longer, though—now spending about 62 days on the market versus 52 a year ago. While the overall pace has softened, buyer interest is still keeping the local market on its toes, with some properties sparking multiple offers, especially those in hot neighborhoods that go pending much faster.
Interestingly, the Madison submarket is having a moment, with home prices up 6.5% year over year, reaching a median of $369,000. Madison homes typically sell after 56 days on the market, and while the average sale price per square foot dropped by nearly 11%, the overall trajectory supports the narrative of buyers seeking slightly more affordable alternatives within metro Nashville. Sellers in Madison are still entertaining more than one offer on occasion but must accept prices averaging about 2% below list, a clear sign buyers are gaining some bargaining power.
Zooming out, the National Association of Home Builders notes single-family housing permits in the Nashville metro dropped 6% year-to-date against the same period last year, echoing a regional dip driven by high mortgage rates and persistent affordability issues. This slump in new permits suggests builders are pulling back, which could mean less fresh inventory in the coming months—a factor to watch for long-term price pressures. That said, South’s multifamily permit uptick could hint at a slow transition toward denser living, though volatility in that segment makes it tough to call.
On the brighter side for buyers, mortgage rates have finally offered some relief. According to AOL, rates in August hit their lowest point in ten months, edging purchasing power up and improving conditions for home shoppers wary of the recent affordability crunch. Still, with existing inventory at a six-year high—per GlobeSt—new home sales slipped 6% year-over-year nationally, putting even more pressure on sellers to negotiate.
The Greater Nashville area continues to outperform many larger metros, keeping buyer demand stable even as inventory climbs, as highlighted on Instagram by several local agents. The commercial sector, as reported by Altus Group and CoStar, is rebounding at the national level thanks to improved business optimism, setting the stage for renewed interest in retail and office space—though uncertainty and labor issues remain in the mix.
Speculation is swirling around whether these signals could push Nashville toward a buyer’s market if elevated inventory lasts and rates stay competitive. But for now, the blend of solid demand, local price growth, and cooling permit activity makes Nashville one of the country’s most interestingly balanced housing stories.
That’s the latest on Nashville real estate—thanks for tuning in, and come back next week for more. This has been a Quiet Please production, and for me, check out Quiet Please Dot A I..
Get the best deals https://amzn.to/3ODvOta
This content was created in partnership and with the help of Artificial Intelligence AI
Interestingly, the Madison submarket is having a moment, with home prices up 6.5% year over year, reaching a median of $369,000. Madison homes typically sell after 56 days on the market, and while the average sale price per square foot dropped by nearly 11%, the overall trajectory supports the narrative of buyers seeking slightly more affordable alternatives within metro Nashville. Sellers in Madison are still entertaining more than one offer on occasion but must accept prices averaging about 2% below list, a clear sign buyers are gaining some bargaining power.
Zooming out, the National Association of Home Builders notes single-family housing permits in the Nashville metro dropped 6% year-to-date against the same period last year, echoing a regional dip driven by high mortgage rates and persistent affordability issues. This slump in new permits suggests builders are pulling back, which could mean less fresh inventory in the coming months—a factor to watch for long-term price pressures. That said, South’s multifamily permit uptick could hint at a slow transition toward denser living, though volatility in that segment makes it tough to call.
On the brighter side for buyers, mortgage rates have finally offered some relief. According to AOL, rates in August hit their lowest point in ten months, edging purchasing power up and improving conditions for home shoppers wary of the recent affordability crunch. Still, with existing inventory at a six-year high—per GlobeSt—new home sales slipped 6% year-over-year nationally, putting even more pressure on sellers to negotiate.
The Greater Nashville area continues to outperform many larger metros, keeping buyer demand stable even as inventory climbs, as highlighted on Instagram by several local agents. The commercial sector, as reported by Altus Group and CoStar, is rebounding at the national level thanks to improved business optimism, setting the stage for renewed interest in retail and office space—though uncertainty and labor issues remain in the mix.
Speculation is swirling around whether these signals could push Nashville toward a buyer’s market if elevated inventory lasts and rates stay competitive. But for now, the blend of solid demand, local price growth, and cooling permit activity makes Nashville one of the country’s most interestingly balanced housing stories.
That’s the latest on Nashville real estate—thanks for tuning in, and come back next week for more. This has been a Quiet Please production, and for me, check out Quiet Please Dot A I..
Get the best deals https://amzn.to/3ODvOta
This content was created in partnership and with the help of Artificial Intelligence AI
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
If you've been watching the Nashville real estate scene, you
know it remains an arena of steady drama mixed with
solid fundamentals. As of July twenty twenty five, Redfin reports
the median home price in Nashville hit four hundred and
eighty thousand dollars, nudging up by one point eight percent
compared to last year. Homes are lingering a bit longer, though,
now spending about sixty two days on the market versus
(00:22):
fifty two a year ago. While the overall pace is softened,
buyer interest is still keeping the local market on its toes,
with some property sparking multiple offers, especially those in hot
neighborhoods that go pending much faster. Interestingly, the Madison sub
market is having a moment, with home prices up six
point five percent year over year, reaching a median of
three hundred sixty nine thousand dollars. Madison homes typically sell
(00:46):
after fifty six days on the market, and while the
average sale price per square foot dropped by nearly eleven percent,
the overall trajectory supports the narrative of buyers seeking slightly
more affordable alternatives within metro Nashville sellers in Madison are
still entertaining more than one offer on occasion, but must
accept prices averaging about two percent below list A clear
signed buyers are gaining some bargaining power zooming out. The
(01:08):
National Association of Home Builders notes single family housing permits
in the Nashville metro dropped six percent year to date
against the same period last year, echoing a regional duct
driven by high mortgage rates and persistent affordability issues. This
slump in new permit suggests builders are pulling back, which
could mean less fresh inventory in the coming months, a
factor to watch for long term price pressures. That said,
(01:30):
South's multi family permit uptick could hint at a slow
transition toward denser living, though volatility in that segment makes
it tough to call. On the brighter side for buyers,
mortgage rates have finally offered some relief. According to AOL,
rates in August hit their lowest point in ten months,
edging purchasing power up and improving conditions for home shoppers
wary of the recent affordability crunch. Still, with existing inventory
(01:53):
at a six year high, per Globe, state new home
sales slipped six percent year over year Nationally, putting even
more pressure on sellers to negotiate. The greater Nashville area
continues to outperform many larger metros, keeping buyer demand stable
even as inventory climbs, as highlighted on Instagram by several
local agents. The commercial sector, as reported by Altis Group
(02:13):
and Costar, is rebounding at the national level thanks to
improve business optimism, setting a stage for renewed interest in
retail and office space, though uncertainty and labor issues remain
in the mix. Speculation is swirling around whether these signals
could push Nashville toward a buyer's market if elevated inventory
lasts and rates stay competitive. But for now, the blend
(02:33):
of solid demand, local price growth, and cooling permit activity
makes Nashville one of the country's most interestingly balanced housing stories.
That's the latest on Nashville real estate. Thanks for tuning
in and come back next week for more. This has
been a quiet police production and for me check out
quiet Please dot ai
If you've been watching the Nashville real estate scene, you
know it remains an arena of steady drama mixed with
solid fundamentals. As of July twenty twenty five, Redfin reports
the median home price in Nashville hit four hundred and
eighty thousand dollars, nudging up by one point eight percent
compared to last year. Homes are lingering a bit longer, though,
now spending about sixty two days on the market versus
(00:22):
fifty two a year ago. While the overall pace is softened,
buyer interest is still keeping the local market on its toes,
with some property sparking multiple offers, especially those in hot
neighborhoods that go pending much faster. Interestingly, the Madison sub
market is having a moment, with home prices up six
point five percent year over year, reaching a median of
three hundred sixty nine thousand dollars. Madison homes typically sell
(00:46):
after fifty six days on the market, and while the
average sale price per square foot dropped by nearly eleven percent,
the overall trajectory supports the narrative of buyers seeking slightly
more affordable alternatives within metro Nashville sellers in Madison are
still entertaining more than one offer on occasion, but must
accept prices averaging about two percent below list A clear
signed buyers are gaining some bargaining power zooming out. The
(01:08):
National Association of Home Builders notes single family housing permits
in the Nashville metro dropped six percent year to date
against the same period last year, echoing a regional duct
driven by high mortgage rates and persistent affordability issues. This
slump in new permit suggests builders are pulling back, which
could mean less fresh inventory in the coming months, a
factor to watch for long term price pressures. That said,
(01:30):
South's multi family permit uptick could hint at a slow
transition toward denser living, though volatility in that segment makes
it tough to call. On the brighter side for buyers,
mortgage rates have finally offered some relief. According to AOL,
rates in August hit their lowest point in ten months,
edging purchasing power up and improving conditions for home shoppers
wary of the recent affordability crunch. Still, with existing inventory
(01:53):
at a six year high, per Globe, state new home
sales slipped six percent year over year Nationally, putting even
more pressure on sellers to negotiate. The greater Nashville area
continues to outperform many larger metros, keeping buyer demand stable
even as inventory climbs, as highlighted on Instagram by several
local agents. The commercial sector, as reported by Altis Group
(02:13):
and Costar, is rebounding at the national level thanks to
improve business optimism, setting a stage for renewed interest in
retail and office space, though uncertainty and labor issues remain
in the mix. Speculation is swirling around whether these signals
could push Nashville toward a buyer's market if elevated inventory
lasts and rates stay competitive. But for now, the blend
(02:33):
of solid demand, local price growth, and cooling permit activity
makes Nashville one of the country's most interestingly balanced housing stories.
That's the latest on Nashville real estate. Thanks for tuning
in and come back next week for more. This has
been a quiet police production and for me check out
quiet Please dot ai
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