September 23, 2025 • 2 mins
Nashville’s real estate scene this September is delivering plenty to talk about, and the latest data signals a city juggling surging demand, elevated prices, and shifting migration patterns. According to Redfin, the median home price in Nashville hit $485,000 in August, marking a 6.6% year-over-year jump. Homes are taking a bit longer to sell—68 days on average, compared to 56 last year—which hints at slightly more breathing room for buyers, though sellers are still in a strong position. Multiple offers remain common for high-demand properties, with some hot listings pending in just 37 days. Notably, while the sale price per square foot in Nashville dipped just 0.74%, overall competitiveness is holding firm.
Interestingly, Nashville continues to attract buyers from bigger metros. Migration trends from Redfin show Los Angeles leads the pack of inbound home searchers, followed by Atlanta and Chicago, giving the city fresh energy from outside investment. And for those moving out, Knoxville is the top relocation destination—so the love for Tennessee doesn’t stop at city limits. Meanwhile, Williamson County, just south of Nashville, saw its median sale price fall 1.7% year-over-year to $875,000, signaling a slight cooling at the very top of the local market.
Despite the jumpy supply-and-demand dynamics, new construction is slowing down after hitting record levels in recent years. CBRE reports that Nashville is expected to see a compression in the cost premium to buy versus rent over the next five years, mostly due to elevated renter demand and a reduction in multifamily construction pipelines. In fact, it’s predicted that rent growth will outpace home price appreciation, with multifamily rents set to climb by 3.1% annually, surpassing the pre-pandemic average. For renters debating that leap to ownership, the monthly mortgage payment on newly originated loans remains 35% higher than average apartment rents as of Q3 2024—so expect many Nashvillians to stay put longer.
There’s also buzz about Nashville being primed for a real estate boom, even as other Southeast cities saw values slip over the summer. AOL and Axios note that Nashville is benefiting from diversification beyond music and entertainment, with healthcare and logistics fueling new growth. Couple that with steady job creation and you’ve got ingredients for expansion—if macroeconomic winds blow favorably.
Finally, on the industrial side, newly built space is still in demand as warehouse and logistics operators hunt for better supply chain resilience, with Nashville listed among emerging markets drawing national attention. For now, buyers aren’t quite back in the driver’s seat, but with supply pipelines narrowing and affordability slowly improving, the neighborhood gossip is cautiously optimistic.
That’s the scoop from Music City for now—thanks for tuning in! Don’t miss next week for more real estate buzz. This has been a Quiet Please production, and for more, 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, Nashville continues to attract buyers from bigger metros. Migration trends from Redfin show Los Angeles leads the pack of inbound home searchers, followed by Atlanta and Chicago, giving the city fresh energy from outside investment. And for those moving out, Knoxville is the top relocation destination—so the love for Tennessee doesn’t stop at city limits. Meanwhile, Williamson County, just south of Nashville, saw its median sale price fall 1.7% year-over-year to $875,000, signaling a slight cooling at the very top of the local market.
Despite the jumpy supply-and-demand dynamics, new construction is slowing down after hitting record levels in recent years. CBRE reports that Nashville is expected to see a compression in the cost premium to buy versus rent over the next five years, mostly due to elevated renter demand and a reduction in multifamily construction pipelines. In fact, it’s predicted that rent growth will outpace home price appreciation, with multifamily rents set to climb by 3.1% annually, surpassing the pre-pandemic average. For renters debating that leap to ownership, the monthly mortgage payment on newly originated loans remains 35% higher than average apartment rents as of Q3 2024—so expect many Nashvillians to stay put longer.
There’s also buzz about Nashville being primed for a real estate boom, even as other Southeast cities saw values slip over the summer. AOL and Axios note that Nashville is benefiting from diversification beyond music and entertainment, with healthcare and logistics fueling new growth. Couple that with steady job creation and you’ve got ingredients for expansion—if macroeconomic winds blow favorably.
Finally, on the industrial side, newly built space is still in demand as warehouse and logistics operators hunt for better supply chain resilience, with Nashville listed among emerging markets drawing national attention. For now, buyers aren’t quite back in the driver’s seat, but with supply pipelines narrowing and affordability slowly improving, the neighborhood gossip is cautiously optimistic.
That’s the scoop from Music City for now—thanks for tuning in! Don’t miss next week for more real estate buzz. This has been a Quiet Please production, and for more, 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
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Nashville's real estate scene this September is delivering plenty to
talk about, and the latest data signals the city juggling
surging demand, elevated prices, and shifting migration patterns. According to Redfinn,
the median home price in Nashville hit four hundred and
eighty five thousand dollars in August, marking a six point
six percent year over year jump. Homes are taking a
bit longer to sell sixty eight days on average compared
(00:22):
to fifty six last year, which hints its slightly more
breathing room for buyers, though sellers are still in a
strong position multiple involved like fact. Interestingly, Nashville continues to
attract buyers from bigger metros. Migration trends from Redfinn show
Los Angeles leads the pack of inbound home searchers, followed
by Atlanta Chicago, giving the city fresh energy from outside investment,
(00:45):
and for those moving out, Knoxville is the top relocation destination,
so the love for Tennessee doesn't stop at city limits. Meanwhile,
Williamson County, just south of Nashville, saw its median sale
price fall one point seven percent year over year to
eight hundred seventy five thousand dollars, signaling a slight cooling
at the very top of the local market. Despite the
(01:06):
jumpy supply and demand dynamics, new construction is slowing down
after hitting record levels in recent years. CBRE reports that
Nashville is expected to see a compression in the cost
premium to buy versus rent over the next five years,
mostly due to elevated renter demand and a reduction in
multi family construction pipelines. In fact, it's predicted that rent
(01:27):
growth will outpace home price appreciation, with multifamily rents set
to climb by three point one percent annually, so passing
the pre pandemic average for renters, debating that leap to ownership.
The monthly mortgage payment on newly originated loans remains thirty
five percent higher than average apartment rents as of two three,
twenty twenty four, so expect many Nashvillians to stay put longer.
(01:48):
There's also buzz about Nashville being primed for a real
estate boone, even as other Southeast cities saw value slip
over the summer. AOL and Axios note that Nashville is
benefiting from diversification beyond music in ansentertainment, with healthcare and
logistics fueling new growth. Couple that with steady job creation
and you've got ingredients for expansion if macroeconomic winds blow favorably. Finally,
(02:11):
on the industrial side, newly built space is still in
demand as warehouse and logistics operators hunt for better supply
chain resilience, with Mashville list among emerging markets drawing national attention.
For now, buyers aren't quite back in the driver's seat,
but with supply pipelines narrowing and affordabilities slowly improving, the
(02:31):
neighborhood gossip is cautiously optimistic. That's the scoop for Music
City for now. Thanks for tuning in. Don't miss next
week for more real estate buzz. This has been a
quiet please production and for more check out Quiet Please
dot ai
Nashville's real estate scene this September is delivering plenty to
talk about, and the latest data signals the city juggling
surging demand, elevated prices, and shifting migration patterns. According to Redfinn,
the median home price in Nashville hit four hundred and
eighty five thousand dollars in August, marking a six point
six percent year over year jump. Homes are taking a
bit longer to sell sixty eight days on average compared
(00:22):
to fifty six last year, which hints its slightly more
breathing room for buyers, though sellers are still in a
strong position multiple involved like fact. Interestingly, Nashville continues to
attract buyers from bigger metros. Migration trends from Redfinn show
Los Angeles leads the pack of inbound home searchers, followed
by Atlanta Chicago, giving the city fresh energy from outside investment,
(00:45):
and for those moving out, Knoxville is the top relocation destination,
so the love for Tennessee doesn't stop at city limits. Meanwhile,
Williamson County, just south of Nashville, saw its median sale
price fall one point seven percent year over year to
eight hundred seventy five thousand dollars, signaling a slight cooling
at the very top of the local market. Despite the
(01:06):
jumpy supply and demand dynamics, new construction is slowing down
after hitting record levels in recent years. CBRE reports that
Nashville is expected to see a compression in the cost
premium to buy versus rent over the next five years,
mostly due to elevated renter demand and a reduction in
multi family construction pipelines. In fact, it's predicted that rent
(01:27):
growth will outpace home price appreciation, with multifamily rents set
to climb by three point one percent annually, so passing
the pre pandemic average for renters, debating that leap to ownership.
The monthly mortgage payment on newly originated loans remains thirty
five percent higher than average apartment rents as of two three,
twenty twenty four, so expect many Nashvillians to stay put longer.
(01:48):
There's also buzz about Nashville being primed for a real
estate boone, even as other Southeast cities saw value slip
over the summer. AOL and Axios note that Nashville is
benefiting from diversification beyond music in ansentertainment, with healthcare and
logistics fueling new growth. Couple that with steady job creation
and you've got ingredients for expansion if macroeconomic winds blow favorably. Finally,
(02:11):
on the industrial side, newly built space is still in
demand as warehouse and logistics operators hunt for better supply
chain resilience, with Mashville list among emerging markets drawing national attention.
For now, buyers aren't quite back in the driver's seat,
but with supply pipelines narrowing and affordabilities slowly improving, the
(02:31):
neighborhood gossip is cautiously optimistic. That's the scoop for Music
City for now. Thanks for tuning in. Don't miss next
week for more real estate buzz. This has been a
quiet please production and for more check out Quiet Please
dot ai
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Cardiac Cowboys
The heart was always off-limits to surgeons. Cutting into it spelled instant death for the patient. That is, until a ragtag group of doctors scattered across the Midwest and Texas decided to throw out the rule book. Working in makeshift laboratories and home garages, using medical devices made from scavenged machine parts and beer tubes, these men and women invented the field of open heart surgery. Odds are, someone you know is alive because of them. So why has history left them behind? Presented by Chris Pine, CARDIAC COWBOYS tells the gripping true story behind the birth of heart surgery, and the young, Greatest Generation doctors who made it happen. For years, they competed and feuded, racing to be the first, the best, and the most prolific. Some appeared on the cover of Time Magazine, operated on kings and advised presidents. Others ended up disgraced, penniless, and convicted of felonies. Together, they ignited a revolution in medicine, and changed the world.