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September 9, 2025 2 mins
Nashville’s real estate market is playing its own tune in 2025, and let me tell you, it’s more of a steady groove than a wild crescendo. Redfin reports that as of July, the median sale price for a home in Nashville is $477,000—just a hair, about 0.8%, higher than last year. The average price per square foot sits at $269, which is actually down slightly, but not enough to cause any nail-biting among homeowners. What’s really catching my eye is the subtle increase in market tempo: Homes are spending about 62 days on the market now, compared to 52 days last year, and there were 980 homes sold in July versus 904 the previous year. So while sales are picking up, buyers are definitely taking their sweet time to sign on the dotted line.

Now, if you’re wondering about competitiveness, Redfin’s Compete Score paints a picture of a market that’s neither ice-cold nor feverish. Most homes are selling for about 2 to 3 percent below list price and typically attract at least one offer. If a property looks move-in ready and is priced right, expect it to fly off the shelf in about 32 to 38 days—otherwise, sellers are in for a wait. According to Realtor.com’s August report, Nashville is one of the few large metros bucking the trend, with new home listings up a whopping 20.7% compared to this time last year. That’s the second-strongest growth among the nation’s 50 largest markets. All this new inventory means buyers have more choices, and it’s leading to softer price growth, a theme echoed nationally by Zillow and Fast Company.

Here’s where the tea gets especially hot: On the luxury end, Redfin highlights homes like a four-bed, two-bath stunner in Joelton listed at $824,900, and new builds popping up inside city limits for more than a million dollars. Yet, the crop of new listings isn’t just for high rollers—homes under $500K are still hitting the market, especially in established neighborhoods. But as Nesting in Nashville points out, there’s a definite change in who’s buying: First-time homebuyers now have a median age of 38, which is the oldest on record, and the bidding wars of 2021 feel like ancient history.

Speculators are watching local job growth and migration trends closely— Music City’s healthcare and tech scenes keep new faces arriving, which could drive future demand even higher. While national forecasts from Zillow suggest a mild price dip may be coming to some markets in 2025 and into mid-2026, Nashville’s combination of a robust job market and recent inventory surge might just insulate it from the deeper slides seen elsewhere. That’s the buzz for now.

Thank you for tuning in to this week’s Nashville real estate roundup. Be sure to come back next week for more fresh market gossip. This has been a Quiet Please production—for more, check out QuietPlease.ai..

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Transcript

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Nashville's real estate market is playing its own tune in
twenty twenty five, and let me tell you, it's more
of a study groove than a wild crescendo. Redfinn reports
that as of July, the median sale price for a
home in Nashville is four hundred and seventy seven thousand
dollars just to hear, about zero point eight percent higher
than last year. The average price per square foot sits
a two hundred and sixty nine dollars, which is actually

(00:21):
down slightly, but not enough to cause any nail biting
among homeowners. What's really catching my eye is the subtle
increase in market tempo. Homes are spending about sixty two
days on the market now compared to fifty two days
last year, and there were nine hundred eighty homes sold
in July versus nine hundred four the previous year. So
while sales are picking up, buyers are definitely taking their

(00:41):
sweet time to sign on the dotted line now. If
you're wondering about competitiveness, Redfinn's Compete score paints a picture
of a market that's neither ice cold nor feverish. Most
homes are selling for about two to three percent below
list price and typically attract at least one offer. If
a property looks move in ready and is priced right,
expected it to fly off the shelf in about thirty

(01:01):
two to thirty eight days. Otherwise, sellers are in for
a wit. According to realtre dot COM's August report, Nashville
is one of the few large metros bucking the trend,
with new home listings up a whopping twenty point seven
percent compared to this I'M last year. That's the second
strongest growth among the nation's fifty largest markets. All this
new inventory mean buyers have more shares than the companies have.

(01:25):
The fact is that the seventy two metro media has
a large number of markets by hand. Here's where the
tea gets especially hot. On the luxury end. Redfinn highlights
homes like a four bed, two bath Stunner in Jolton
listed at eight hundred and twenty four thousand, nine hundred
dollars and new builds popping up inside city limits for
more than a million dollars. Yet the crap of new

(01:46):
listings isn't just for high rollers. Homes under five hundred
thousand are still hitting the market, especially in established neighborhoods,
but as Mesting in Nashville points out, there's a definite
change in whose buying. First time home buyers now have
a median age of thirty eight, which is the oldest
on record, and the betting wars of twenty twenty one
feel like ancient history. Speculators are watching local job growth

(02:07):
and migration trends closely. Music cities, healthcare and tech scenes
keep new faces arriving, which could drive future demand even higher.
While national forecasts from Zillo suggest a mild price dip
may be coming to some markets in twenty twenty five
and into mid twenty twenty six, Nashville's combination of a
robust job market and recent inventory surge might just insulate

(02:28):
it from the deeper slides seen elsewhere. That's the buzz
for now. Thank you for tuning in to this week's
Nashville real estate roundup. Be sure to come back next
week for more fresh MARKETDAWCIP. This has been a quiet
please production. For more check out quiet please dot ai
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