September 2, 2025 • 2 mins
Let’s start with the big number: Nashville’s median home closed at $480,000 as of July 2025, with buyers taking 62 days on average to make their move, according to Redfin. There’s a little more breathing room than last year, but let’s not kid ourselves—it’s still tight, and if your dream is a modest bungalow anywhere closer to Broadway than the outer counties, prepare for stiff competition and some modest heartbreak. The overall vibe feels like cautious optimism, with a dash of pragmatic disappointment: things aren’t getting worse, but affordability is still a stubborn beast.
Strong demand isn’t letting up, even as new listings trickle onto the market in September—50 just this week, per Redfin—but the pace is a marked slowdown from Nashville’s frenzied pandemic heights. The National Association of Realtors and J.P. Morgan Research are anticipating a mild price increase for homes here in 2025, around 3%, largely due to persistently low inventory and that infamous “lock-in” effect: so many homeowners are hanging onto their gilded sub-4% mortgage rates that it’s throttling supply. For buyers, that means more patience (and, yes, higher carrying costs) will be needed for the foreseeable future.
But here’s the twist—migration isn’t slowing down. Lebanon, just east of town, is quietly stealing Nashville’s thunder as the go-to market for value-seeking families and investors. Realbricks reports the average Lebanon home sells for just over $400,000, about half the Nashville median, yet property values there have surged at a healthy 8.1% compound growth rate over the past decade. The area is seeing federal investment in infrastructure and schools are catching attention, making the suburb a rising star for newcomers from distant metros like Los Angeles. Even better? Lebanon has its own blossoming downtown complete with fresh restaurants, breweries, and commuter rail access right into the honky tonk heart of Nashville.
Multifamily is another corner of the local market where the story is nuanced. According to Northmarq, vacancy rates for Nashville’s apartment market are ticking lower, providing a steady outlook for landlords, though new development is starting to slow in tandem with national trends. Construction headwinds—high rates, labor woes—are keeping new builds more limited and pushing rents gently upward, especially in the hottest, walkable neighborhoods.
National context, courtesy of sources like Norada Real Estate and Fannie Mae, points to a market in “moderation mode.” Those double-digit price jumps are gone, replaced by a projected 3-4% annual increase through 2026 and a much more conservative 20% cumulative rise by decade’s end. Redfin’s economists say “normal” affordability—where housing costs are sane and mortgage rates are friendly—might not return until 2030, but barring a shock, the trend is toward stability, not a crash.
Thanks for tuning in—be sure to come back next week for more of the latest in Nashville real estate and housing. This has been a Quiet Please production. For more from 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
Strong demand isn’t letting up, even as new listings trickle onto the market in September—50 just this week, per Redfin—but the pace is a marked slowdown from Nashville’s frenzied pandemic heights. The National Association of Realtors and J.P. Morgan Research are anticipating a mild price increase for homes here in 2025, around 3%, largely due to persistently low inventory and that infamous “lock-in” effect: so many homeowners are hanging onto their gilded sub-4% mortgage rates that it’s throttling supply. For buyers, that means more patience (and, yes, higher carrying costs) will be needed for the foreseeable future.
But here’s the twist—migration isn’t slowing down. Lebanon, just east of town, is quietly stealing Nashville’s thunder as the go-to market for value-seeking families and investors. Realbricks reports the average Lebanon home sells for just over $400,000, about half the Nashville median, yet property values there have surged at a healthy 8.1% compound growth rate over the past decade. The area is seeing federal investment in infrastructure and schools are catching attention, making the suburb a rising star for newcomers from distant metros like Los Angeles. Even better? Lebanon has its own blossoming downtown complete with fresh restaurants, breweries, and commuter rail access right into the honky tonk heart of Nashville.
Multifamily is another corner of the local market where the story is nuanced. According to Northmarq, vacancy rates for Nashville’s apartment market are ticking lower, providing a steady outlook for landlords, though new development is starting to slow in tandem with national trends. Construction headwinds—high rates, labor woes—are keeping new builds more limited and pushing rents gently upward, especially in the hottest, walkable neighborhoods.
National context, courtesy of sources like Norada Real Estate and Fannie Mae, points to a market in “moderation mode.” Those double-digit price jumps are gone, replaced by a projected 3-4% annual increase through 2026 and a much more conservative 20% cumulative rise by decade’s end. Redfin’s economists say “normal” affordability—where housing costs are sane and mortgage rates are friendly—might not return until 2030, but barring a shock, the trend is toward stability, not a crash.
Thanks for tuning in—be sure to come back next week for more of the latest in Nashville real estate and housing. This has been a Quiet Please production. For more from 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
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Let's start with the big number. Nashville's median home closed
at four hundred and eighty thousand dollars as of July
twenty twenty five, with buyers taking sixty two days on
average to make their move. According to Redfinn, there's a
little more breathing room than last year, but let's not
kid ourselves. It's still tight, and if your dream is
a modest bungalow anywhere closer to Broadway than the outer counties,
prepare for stiff competition and some modest heartbreak. The overall
(00:23):
vibe feels like cautious optimism with a dash of pragmatic disappointment.
Things aren't getting worse, but affordability is still a stubborn beast.
Strong demand isn't letting up, even as new listings trickle
on to the market in September fifty just this week
per Redfin, but the pace is a marked slow down
from Nashville's frenzied pandemic heights. The National Association of Realtors
and JP Morgan Research are anticipating a mild price increase
(00:46):
for homes here in twenty twenty five, around three percent,
largely due to persistently low inventory and that infamous lock
in effect, so many homeowners are hanging on to their
gilded sub four percent mortgage rates. That is throttling supply
for by That means more patience and yes, higher carrying
costs will be needed for the foreseeable future. But here's
(01:06):
the twist. Migration isn't slowing down. Lebanon, just east of
town is quietly stealing Nashville's thunder as the go to
market for value seeking families and investors. Real Bricks reports
the average Lebanon home sells for just over four hundred
thousand dollars, about half the Nashville median. Yet property values
there have surged at a healthy eight point one percent
(01:28):
compound growth rate over the past decade. The area is
seeing federal investment in infrastructure, and schools are catching attention,
making the suburb a rising star for newcomers from distant
metros like Los Angeles. Even better, Lebanon has its own
blossoming downtown, complete with fresh restaurants, breweries, and commuter rail
access right into the honky tonk heart of Nashville. Multifamily
(01:50):
is another corner of the local market where the story
is nuanced. According to Northmark Vacancy rates for Nashville's apartment
market are taking lower, providing a steady outlook for landland lords,
though new development is starting to slow in tandem with
national trends, construction headwinds, high rates labor wolves are keeping
new builds more limited and pushing rents gently upward, especially
(02:11):
in the hottest walkable neighborhoods. National context courtesy of sources
like nor at A Real Estate and Fannie May, points
to a market in moderation mode. Those double digit price
jumps are gone, replaced by a projected three to four
percent annual increase through twenty twenty six and a much
more conservative twenty percent cumulative rise by decades end. Redfin's
(02:32):
economists say normal affordability, where housing costs are same and
mortgage rates are friendly, might not return until twenty thirty,
but barring a shock, the trend is towards stability, not
a crash. Thanks for tuning in. Be sure to come
back next week for more of the latest and Nashville
real estate. In housing, this has been a quiet please production.
For more from me, check out Quiet Please dot ai
Let's start with the big number. Nashville's median home closed
at four hundred and eighty thousand dollars as of July
twenty twenty five, with buyers taking sixty two days on
average to make their move. According to Redfinn, there's a
little more breathing room than last year, but let's not
kid ourselves. It's still tight, and if your dream is
a modest bungalow anywhere closer to Broadway than the outer counties,
prepare for stiff competition and some modest heartbreak. The overall
(00:23):
vibe feels like cautious optimism with a dash of pragmatic disappointment.
Things aren't getting worse, but affordability is still a stubborn beast.
Strong demand isn't letting up, even as new listings trickle
on to the market in September fifty just this week
per Redfin, but the pace is a marked slow down
from Nashville's frenzied pandemic heights. The National Association of Realtors
and JP Morgan Research are anticipating a mild price increase
(00:46):
for homes here in twenty twenty five, around three percent,
largely due to persistently low inventory and that infamous lock
in effect, so many homeowners are hanging on to their
gilded sub four percent mortgage rates. That is throttling supply
for by That means more patience and yes, higher carrying
costs will be needed for the foreseeable future. But here's
(01:06):
the twist. Migration isn't slowing down. Lebanon, just east of
town is quietly stealing Nashville's thunder as the go to
market for value seeking families and investors. Real Bricks reports
the average Lebanon home sells for just over four hundred
thousand dollars, about half the Nashville median. Yet property values
there have surged at a healthy eight point one percent
(01:28):
compound growth rate over the past decade. The area is
seeing federal investment in infrastructure, and schools are catching attention,
making the suburb a rising star for newcomers from distant
metros like Los Angeles. Even better, Lebanon has its own
blossoming downtown, complete with fresh restaurants, breweries, and commuter rail
access right into the honky tonk heart of Nashville. Multifamily
(01:50):
is another corner of the local market where the story
is nuanced. According to Northmark Vacancy rates for Nashville's apartment
market are taking lower, providing a steady outlook for landland lords,
though new development is starting to slow in tandem with
national trends, construction headwinds, high rates labor wolves are keeping
new builds more limited and pushing rents gently upward, especially
(02:11):
in the hottest walkable neighborhoods. National context courtesy of sources
like nor at A Real Estate and Fannie May, points
to a market in moderation mode. Those double digit price
jumps are gone, replaced by a projected three to four
percent annual increase through twenty twenty six and a much
more conservative twenty percent cumulative rise by decades end. Redfin's
(02:32):
economists say normal affordability, where housing costs are same and
mortgage rates are friendly, might not return until twenty thirty,
but barring a shock, the trend is towards stability, not
a crash. Thanks for tuning in. Be sure to come
back next week for more of the latest and Nashville
real estate. In housing, this has been a quiet please production.
For more from me, 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.