September 16, 2025 • 3 mins
Nashville’s real estate scene lately has been humming with the soft drama only a city in flux can deliver. According to Redfin, home prices in Nashville ticked up ever so slightly—just 0.8% year-over-year—hitting a median of $477,000 as of July 2025. Not exactly a rocket launch, but certainly not a crash. Sellers are waiting a bit longer to seal the deal, too: homes are spending an average of 62 days on market, about ten days longer than last year, and homes typically land about 2–4% below the original list price. But some hot homes still fetch list price after about 30 to 40 days, which keeps the market interesting—and modestly competitive in pockets. The mild uptick in closed sales (980 transactions this July vs. 904 last year) suggests buyers are quietly creeping back in, perhaps lured by the faintest whiff of stabilization.
The current rental story is a little juicier. Realtor.com reports that August marked the 25th straight month of year-over-year rent declines across the biggest metros—including Nashville. Median rents nationwide slid about 2.2% since last year, while local rents and incentives have made some landlords sweat. Even with this soft rental climate, nearly 60% of surveyed renters still plan to buy, most dreaming of a purchase in the next one to two years. Right now, affordability is the keyword—everybody wants a better deal or a bigger place, and that’s driving mobility up.
Peeking into the multifamily sector, CBRE’s 2025 outlook is actually rather bullish. They report that while new construction in the Sun Belt (where Nashville sits pretty) is tapering off, demand for rentals remains fierce. Investors are still keen on multifamily properties, and average annual rent growth over the next five years is projected at 3.1%. That’s slightly above the pre-pandemic trend and higher than the expected rate of home price appreciation. CBRE points out that, even as the premium to buy steadies, a lot of would-be homeowners remain renters—locked out by high prices, high interest rates, and a persistent gap between owning and renting. The average new mortgage for a home in 2025 is still roughly 35% higher than average rent, and until rates come down or prices cool off, that imbalance will keep the rental market robust.
Neighborhood drama? Bellevue deserves a mention. Redfin shows home prices in that popular suburb jumped a healthy 5.5% to a median of $495,000 even as sales volume slid a bit and average days on market ticked up to 53. If that’s a sign of things to come, Bellevue may be worth watching for the next hot streak.
So while there’s been no seismic shift, Nashville’s market is full of more slow-burn intrigue than eye-popping headlines. Watch the rental trends and keep an eye on that buy-versus-rent gap—either could tip the narrative by next season. As always, thanks for tuning in. 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
The current rental story is a little juicier. Realtor.com reports that August marked the 25th straight month of year-over-year rent declines across the biggest metros—including Nashville. Median rents nationwide slid about 2.2% since last year, while local rents and incentives have made some landlords sweat. Even with this soft rental climate, nearly 60% of surveyed renters still plan to buy, most dreaming of a purchase in the next one to two years. Right now, affordability is the keyword—everybody wants a better deal or a bigger place, and that’s driving mobility up.
Peeking into the multifamily sector, CBRE’s 2025 outlook is actually rather bullish. They report that while new construction in the Sun Belt (where Nashville sits pretty) is tapering off, demand for rentals remains fierce. Investors are still keen on multifamily properties, and average annual rent growth over the next five years is projected at 3.1%. That’s slightly above the pre-pandemic trend and higher than the expected rate of home price appreciation. CBRE points out that, even as the premium to buy steadies, a lot of would-be homeowners remain renters—locked out by high prices, high interest rates, and a persistent gap between owning and renting. The average new mortgage for a home in 2025 is still roughly 35% higher than average rent, and until rates come down or prices cool off, that imbalance will keep the rental market robust.
Neighborhood drama? Bellevue deserves a mention. Redfin shows home prices in that popular suburb jumped a healthy 5.5% to a median of $495,000 even as sales volume slid a bit and average days on market ticked up to 53. If that’s a sign of things to come, Bellevue may be worth watching for the next hot streak.
So while there’s been no seismic shift, Nashville’s market is full of more slow-burn intrigue than eye-popping headlines. Watch the rental trends and keep an eye on that buy-versus-rent gap—either could tip the narrative by next season. As always, thanks for tuning in. 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):
Nashville's real estate scene lately has been humming, with the
soft drama only a city in flux can deliver. According
to Redfinn, home prices in Nashville ticked up ever so slightly,
just zero point eight percent year over year, hitting a
median of four hundred and seventy seven thousand dollars as
of July twenty twenty five. Not exactly a rocket launch,
but certainly not a crash. Sellers are waiting a bit
(00:22):
longer to seal the deal too. Homes are spending an
average of sixty two days on market, about ten days
longer than last year, and homes typically land about two
to four percent below the original list price, but some
hot homes still fetch list price after about thirty to
forty days, which keeps the market interesting and modestly competitive
in pockets. The mild uptick and closed sales nine hundred
(00:43):
and eighty transactions to July versus nine hundred four last
year suggests buyers are quietly creeping back in, perhaps lured
by the faintest width of stabilization. The current rental story
is a little juicier. Realtor dot com reports that August
marked the twenty fifth straight month of year over year
rent declines across lost the biggest metros, including Nashville. Median
rents nationwide slid about two point two percent since last year,
(01:06):
while local rents and incentives have made some landlords sweat.
Even with the soft rental climate, nearly sixty percent of
surveyed renters still plan to buy, most dreaming of a
purchase in the next one to two years. Right now,
affordability is the keyword. Everybody wants a better deal or
a bigger place, and that's driving mobility up. Peaking into
(01:26):
the multi family sector. Cbre's twenty twenty five outlook is
actually rather bullish. They report that while new construction in
the sun Belt, where Nashville sits pretty is tapering off,
demand for rentals remains fierce. Investors are still keen on
multi family properties, and average annual rent growth over the
next five years is projected at three point one percent.
That's slightly above the pre pandemic trend and higher than
(01:49):
the expected rate of home price appreciation. CBR points out
that even as the premium to buy studies, a lot
of would be homeowners remain renters locked out by high
prices eye interest rates and a persistent gap between own
and renting. The average new mortgage for a home in
twenty twenty five is still roughly thirty five percent higher
than average rent and until rates come down or prices
(02:11):
cool off, that imbalance will keep a rental market robust.
Neighborhood drama Bellevue deserves a mention. Redfinn shows home prices
in that popular suburb jump a healthy five point five
percent to a medium of four hundred and ninety five
thousand dollars, even as sales volume slid a bit and
average days on market ticked up to fifty three. If
(02:32):
that's a sign of things to come, Bellevue may be
worth watching for the next hot streak. So while there's
been no seismic shift, Nashville's market is full of more
slow burn intrigue than eye popping headlines. Watch the rental
trends and keep an eye on that buy versus rent gap.
Either could tip the narrative by next season. As always,
thanks for tuning in. Come back next week for more.
(02:54):
This has been a quiet police production, and for me
check out Quiet Please dot ai
Nashville's real estate scene lately has been humming, with the
soft drama only a city in flux can deliver. According
to Redfinn, home prices in Nashville ticked up ever so slightly,
just zero point eight percent year over year, hitting a
median of four hundred and seventy seven thousand dollars as
of July twenty twenty five. Not exactly a rocket launch,
but certainly not a crash. Sellers are waiting a bit
(00:22):
longer to seal the deal too. Homes are spending an
average of sixty two days on market, about ten days
longer than last year, and homes typically land about two
to four percent below the original list price, but some
hot homes still fetch list price after about thirty to
forty days, which keeps the market interesting and modestly competitive
in pockets. The mild uptick and closed sales nine hundred
(00:43):
and eighty transactions to July versus nine hundred four last
year suggests buyers are quietly creeping back in, perhaps lured
by the faintest width of stabilization. The current rental story
is a little juicier. Realtor dot com reports that August
marked the twenty fifth straight month of year over year
rent declines across lost the biggest metros, including Nashville. Median
rents nationwide slid about two point two percent since last year,
(01:06):
while local rents and incentives have made some landlords sweat.
Even with the soft rental climate, nearly sixty percent of
surveyed renters still plan to buy, most dreaming of a
purchase in the next one to two years. Right now,
affordability is the keyword. Everybody wants a better deal or
a bigger place, and that's driving mobility up. Peaking into
(01:26):
the multi family sector. Cbre's twenty twenty five outlook is
actually rather bullish. They report that while new construction in
the sun Belt, where Nashville sits pretty is tapering off,
demand for rentals remains fierce. Investors are still keen on
multi family properties, and average annual rent growth over the
next five years is projected at three point one percent.
That's slightly above the pre pandemic trend and higher than
(01:49):
the expected rate of home price appreciation. CBR points out
that even as the premium to buy studies, a lot
of would be homeowners remain renters locked out by high
prices eye interest rates and a persistent gap between own
and renting. The average new mortgage for a home in
twenty twenty five is still roughly thirty five percent higher
than average rent and until rates come down or prices
(02:11):
cool off, that imbalance will keep a rental market robust.
Neighborhood drama Bellevue deserves a mention. Redfinn shows home prices
in that popular suburb jump a healthy five point five
percent to a medium of four hundred and ninety five
thousand dollars, even as sales volume slid a bit and
average days on market ticked up to fifty three. If
(02:32):
that's a sign of things to come, Bellevue may be
worth watching for the next hot streak. So while there's
been no seismic shift, Nashville's market is full of more
slow burn intrigue than eye popping headlines. Watch the rental
trends and keep an eye on that buy versus rent gap.
Either could tip the narrative by next season. As always,
thanks for tuning in. Come back next week for more.
(02:54):
This has been a quiet police production, and for me
check out Quiet Please dot ai
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