NASHVILLEAT AGLANCE:

So far this Quarter- Q3

As of September 2024, the Nashville housing market is holding steady, with some minor changes that could be important for both buyers and sellers.

Home Prices: The median home price in the Nashville area is around $438,000, which is nearly the same as last year, with only a slight dip of 0.1% (Redfin ).

Market Activity: Homes are spending about 61 days on the market, which is a bit longer than in the past This gives buyers more time to consider their options (Redfin).

Supply and Demand: There are more homes being listed, but the overall number of homes for sale is still low. This keeps prices fairly stable despite higher mortgage rates.

Overall, the Nashville market is balanced, with good opportunities for both buyers and sellers depending on their goals.