Market Data & News

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.

NASHVILLE, Tenn. (December 8, 2025) – Data for the month of November showed 2,412 home closings, according to figures provided by Greater Nashville REALTORS®. This figure indicates a 6 percent decrease from the 2,567 closings reported for the same period last year.

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.

Heading into 2026, the Greater Nashville housing market was beginning to show renewed momentum following an uptick in mortgage applications during the fourth quarter of 2025. That increase signaled growing interest from buyers who had been waiting on the sidelines, encouraged by improving affordability conditions and the potential for lower interest rates.

Late last month, unprecedented ice, snow, and prolonged below-zero temperatures from Winter Storm Fern left hundreds of thousands of Tennesseans without power. As temperatures plunged and conditions worsened, homes and properties across the state sustained widespread damage, creating significant challenges for families and communities alike.

NASHVILLE, Tenn. (Feb. 9, 2026) – There were 1,825 home closings reported for the month of January, according to figures provided by Greater Nashville REALTORS®. This figure is down 4 percent from the 1,905 closings reported for the same period last year.

NASHVILLE, Tenn. (October 15, 2025) — In an effort to address Nashville’s growing housing affordability challenges, Metro Council will consider four major zoning bills on November 4 that stem from the Metro Planning Department’s Unified Housing Strategy, released earlier this year.

NASHVILLE, Tenn. (Aug. 4, 2025) — Metro Council will hold a public hearing during Tuesday night’s Metro Nashville Council meeting on a proposed Urban Design Overlay (UDO) and re-zoning for The Nations neighborhood in West Nashville. The proposal, now up for second reading, is intended to establish updated building and design standards that would improve housing quality and increase residential density.

NASHVILLE, Tenn. (May 8, 2025) – Greater Nashville REALTORS® applauds Metro Nashville’s continued commitment to addressing the region’s housing challenges, as outlined in its newly released Unified Housing Strategy. The strategy builds on the foundational work of the Metro Planning Department’s Housing and Infrastructure Study and presents a coordinated vision to improve housing access, affordability, and stability for all Nashvillians.

The U.S. Secret Service has informed the National Association of REALTORS® about a new cryptocurrency scam targeting real estate professionals, some of whom have lost a significant amount of money.

The housing industry, along with the dedicated professionals who serve residential and commercial property buyers and sellers, constitutes nearly 20 percent of the U.S. economy. In 2023, the real estate industry alone accounted for a staggering $4.9 trillion, comprising 17.8% of the gross state product (GSP) nationwide. This isn't just about numbers—it's a testament to the foundational role real estate plays in our economic landscape.

This morning, the National Association of REALTORS® reached a proposed settlement agreement that would end litigation of claims brought on behalf of home sellers related to broker commissions. The agreement would resolve claims against NAR, over one million NAR members, all state/territorial and local REALTOR® associations, all association-owned Multiple Listing Services (MLSs), and all brokerages with an NAR member as principal that had a residential transaction volume in 2022 of $2 billion or below. The settlement is subject to court approval. More details below. 

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. 

Often, we can become engrossed in national headlines, overlooking the fact that it is the decisions made on a local level that have the greatest impact on our daily lives. Issues such as trash pick-up, sidewalks, public transportation, economic growth, housing, and more are directly influenced by our local elected officials, underscoring the significance of local elections

Early voting for the August 4 primary election ends on Saturday, July 30. If you haven't registered to vote, you won't be able to vote in the August primary but you still have time to register before the upcoming November election.