RealTrends Market Report

Tennessee, TN

Single-Family Homes

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Tennessee, TN

Tue Jul 01 2025
This week the median list price for Tennessee, TN is $450,000 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has held steady at or around 27,080. 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

Tue Jul 01 2025
This week the median list price for Tennessee, TN is $450,000 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has held steady at or around 27,080. 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 $420,000
Per Square Foot $221
Average Days on Market 106
Median Days on Market 63
Price Decreased 42%
Price Increased 1%
Relisted 13%
Inventory 27,080
Median Rent
Market Action 34
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
$985,000 3,472 0.5 - 1 acre 4 3.5 15 453 675 70
$549,900 2,457 0.25 - 0.5 acre 3 2.5 16 487 714 63
$385,000 1,852 0.25 - 0.5 acre 3 2 21 609 846 56
$249,000 1,336 0.25 - 0.5 acre 3 2 54 626 928 56