December Home Sales Signal Opportunity for Buyers and Sellers in 2026

Published Wednesday, January 7, 2026 7:00 am

NASHVILLE, Tenn. (Jan. 7, 2026) – Final numbers for 2025 indicate there were 33,737 homes sold in the region, compared to the 33,935 closings in 2024. The total sales for 2025 were down half a percent compared to 2024.

Home sales hit 2,966 closings for December, according to data provided by Greater Nashville Realtors. This figure is up 4 percent from the 2,842 closings reported for the same period last year.

Fourth-quarter closings were 8,264 for the Middle Tennessee area. That total remained relatively flat from the 8,250 closings during the fourth quarter of 2024.

“December’s numbers show encouraging signs as we head into 2026,” said Jack Gaughan, president of Greater Nashville REALTORS®. “Closings and price points both increased year over year, along with pending contracts, pointing to a strong first quarter for the Greater Nashville region.”

A comparison of sales by category for December is:

 

2024

 

2025

 

CLOSINGS

2,842

2,966

Residential

2,218

2,350

Condominium

433

437

Multi-Family

15

15

Farms/Land/Lots

176

164

 

 

 

A comparison of sales by category for the fourth quarter is:

 

2024

2025

CLOSINGS

8,250

8,264

Residential

6,583

6,521

Condominium

1,187

1,204

Multi-Family

48

59

Farms/Land/Lots

432

480

A comparison of sales by category year-to-date is: 

 

2024

2025

CLOSINGS

33,935

33,737

Residential

26,911

26,821

Condominium

5,012

4,953

Multi-Family

210

219

Farms/Land/Lots

1,802

1,744

There were 1,619 sales pending at the end of December, compared with 1,593 pending sales at this time last year. The average number of days on the market for a single-family home was 62 days.

In December, the median price for a residential single-family home was $501,445 and for a condominium, it was $347,000. This compares with last year’s median residential and condominium prices of $500,000 and $341,520, respectively.

Inventory at the end of December was 11,406, up 13 percent from 10,109 in December 2024. Currently, there are 4 months of available inventory in the Greater Nashville region.

The current inventory of properties by category, compared to last year, is:

 

2024

2025

INVENTORY

10,109

11,406

Residential

6,803

7,626

Condominium

1,614

1,969

Multi-Family

82

103

Farms/Land/Lots

1,610

1,708

“Entering the year with increased inventory, stable prices, and a rise in mortgage applications during the fourth quarter of 2025, we’re seeing renewed momentum from buyers preparing to enter the market,” Gaughan added. “With the guidance of a trusted Realtor, 2026 presents real opportunity for both homebuyers and sellers.”

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