News

As we end this fall season post-Thanksgiving, it’s a good time to pause with grateful hearts. We’re blessed to live in a country where—despite our challenges—we enjoy freedoms, opportunities, and the ability to build a life rooted deeply in the place we call home. For many families, including our veterans and active-duty service members, that dream of homeownership is one of the greatest blessings of all.

Throughout the year, I’ve shared concerns about housing affordability in Nashville and beyond. For many residents, buying a home feels out of reach, and that reality is not getting any closer as home prices continue to rise and interest rates remain above six percent.

The 2025 housing market can largely be summed up in one word: expensive. For many Middle Tennessee residents and people across the country, especially younger Americans, homeownership is slipping further out of reach.

As a twenty-something Realtor in Middle Tennessee, few headlines have hit me quite like the recent report naming 40 as the new average age of a first-time homebuyer. It’s a statistic that stopped nearly everyone in our industry in their tracks, but for those of us on the ground, it only confirms the reality we've been living in since post-COVID.

Access to affordable housing is a cornerstone of a strong and successful community. It affects nearly every part of our economy, from how businesses recruit and retain workers to the overall quality of life for residents.

Federal programs critical to the U.S. housing market are set to resume after the U.S. House of Representatives on Wednesday approved legislation to fund the government and end the longest shutdown in American history. 

As we move through the final quarter of 2025, it is a good time to take stock of where Nashville’s economy and housing market stand. According to the latest data from our partners at the Nashville Area Chamber of Commerce, the region continues to demonstrate solid economic fundamentals that are helping create a more balanced housing market and more opportunities for buyers.

NASHVILLE, Tenn. (November 7, 2025) – Data for the month of October showed 2,886 home closings, according to figures provided by Greater Nashville REALTORS®. This figure indicates a 2 percent increase from the 2,841 closings reported for the same period last year.