RealTrends Market Report

Tennessee, TN

Single-Family Homes

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Tennessee, TN

Sun Jun 01 2025
This week the median list price for Tennessee, TN is $450,000 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has held steady at or around 25,575. Click here to stay informed with the Tennessee market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Tennessee, TN

Sun Jun 01 2025
This week the median list price for Tennessee, TN is $450,000 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has held steady at or around 25,575. Click here to stay informed with the Tennessee market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Real-Time Market Profile

Never miss important changes in the Tennessee market.
Median List Price $450,000
Median Price of New Listings $435,000
Per Square Foot $220
Average Days on Market 106
Median Days on Market 56
Price Decreased 40%
Price Increased 2%
Relisted 13%
Inventory 25,575
Median Rent
Market Action 36
Slight Seller's Advantage

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$979,000 3,440 0.5 - 1 acre 4 3.5 14 512 387 63
$549,000 2,441 0.25 - 0.5 acre 3 2.5 15 551 501 56
$385,000 1,840 0.25 - 0.5 acre 3 2 21 621 625 49
$245,000 1,341 0.25 - 0.5 acre 3 2 54 576 725 56