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September 11, 2025 3 mins
Nashville’s real estate scene in September 2025 is a cocktail of subtle optimism and classic Southern resilience, with just a hint of lingering caution beneath the surface. Recent data from Redfin shows that Nashville home prices ticked up a modest 0.8% compared to last year, landing at a median sale price of $477,000. Davidson County, which encompasses much of Nashville’s prized city neighborhoods, proved just a bit warmer with a 1.5% climb to a median of $480,000. Not exactly fireworks, but given the national mood, anything in the black is cause for a raised eyebrow and maybe a celebratory biscuit. On the ground, homes are sticking around on the market longer than they used to—now spending about 61 to 62 days seeking an owner before someone finally swipes right. And while the average house still sells about 2-4% below its list price, sellers with truly irresistible properties still occasionally drum up those coveted multiple offers, especially when pricing is on point and location is prime—think 12 South or The Nations.

Inventory, it should be noted, has quietly been swelling. Nashville saw a 14% increase in new housing units year-over-year in 2024, a fact highlighted by AOL’s real estate coverage. More homes mean more options for buyers, but it can also mean slower price accelerations and a bit less frenzy at open houses. Still, July 2025 brought a subtle surge: 980 homes traded hands in Nashville, up from 904 the previous July, and Davidson County boasted 1,018 closings compared to 940, a classic sign that the “wait-and-see” crowd might be edging back into the game.

But let’s not ignore the multifamily mavens. The folks at CBRE and Rejournals say Nashville’s apartment scene remains downright bouncy, with “exceptional renter demand” keeping occupancy rates strong. Developers have been on a building spree (remember, 14% more units last year alone), and though new construction starts are cooling, this curbed pipeline should tighten vacancies and nudge rents upward again by late 2025 and into 2026. If you’re keeping rent receipts and waiting for relief, keep your expectations modest—analysts expect the average multifamily vacancy rate will ease to around 4.9% by year’s end, with rent growth outpacing inflation but not quite the wild ride of past years.

And for the record, some sources have floated concerns about overbuilding or a “plummeting” market, but verified numbers just don’t match the hype. While there’s more supply and a bit of negotiation room for buyers, Nashville’s fundamentals—jobs, population growth, and that ineffable Music City mystique—still seem to be propping up both single-family and multifamily markets.

That’s the latest dispatch from Music City’s housing frontlines. Thanks for tuning in for another week of Nashville real estate rumors, facts, and neighborhood whispers. Come back next week for more insider scoops. This has been a Quiet Please production—find me and more at QuietPlease.AI!.

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Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Nashville's real estate scene in September twenty twenty five is
a cocktail of subtle optimism and classic Southern resilience, with
just a hint of limbering caution beneath the surface. Recent
data from Redfin shows that Nashville home prices ticked up
a modest zero point eight percent compared to last year,
landing at a medium sale price of four hundred and
seventy seven thousand dollars. Davidson County, which encompasses much of

(00:21):
Nashville's prized city neighborhoods, proven just a bit warmer, with
a one point five percent climb to a median of
four hundred and eighty thousand dollars. Not exactly fireworks, but
given the national mood, anything in the black is caused
for a raised eyebrow and maybe a celebrator biscuit on
the ground. Homes are sticking around on the market longer
than they used to, now, spending about sixty one to

(00:42):
sixty two days seeking an owner before someone finally swipes right.
And while the average house still sells about two to
four percent below its list price, sellers with truly irresistible
properties still occasionally drum up those coveted multiple offers, especially
when pricing is on point and location is prime think
twelve South or the Nations inventory, it should be noted,

(01:04):
has quietly been swelling. Nashville saw fourteen percent increase in
new housing units year over year in twenty twenty four,
a fact highlighted by AOL's real estate coverage. More homes
mean more options for buyers, but it can also mean
slower price accelerations and a bit less frenzy at open houses. Still,

(01:24):
July twenty twenty five brought a subtle surge. Nine hundred
and eighty homes traded hands in Nashville, up from nine
hundred four the previous July, and Davidson County boasted one
thoy and eighteen closings compared to nine hundred forty, a
classic sign that the weight and Sea crowd might be
edging back into the game. But let's not ignore the
multi family Maven's. The folks at cbre In rejournals say

(01:46):
Nashville's apartment scene remains downright bouncy, with exceptional renter demand
keeping occupancy rates strong. Developers had been on a building spree.
Remember fourteen percent more units last year alone, and though
new construction starts are cooling, This curd pipeline should tighten
vacancies and mudge rents upward again by late twenty twenty
five and into twenty twenty six. If you're keeping rent

(02:15):
receipts and waiting for relief, keep your expectations modest. Analysts
expect the average multi family vacancy rate will ease to
around four point nine percent by usend, with rent growth
outpacing inflation, but not quite the wild ride of past years.
And for the record, some sources have floated concerns about
overbuilding or a plummeting market, but verified numbers just don't

(02:37):
match the hype. While there's more supply and a bit
of negotiation room for buyers, Nashville's fundamentals, jobs, population growth,
and that ineffable music city mystique still seem to be
propping up both single family and multifamily markets. That's the
latest dispatch from Music Cities Housing front Lines. Thanks for

(02:57):
tuning in for another week of Nashville real life, state rumors, facts,
and neighborhood whispers. Come back next week for more insider scoops.
This has been a quiet Please production. Find me and
more at Quiet please dot a I
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