Middle Tennessee Market Report 11/5/26

Here’s a snapshot from the October Realtracs Market Trends Report

New Listings: 4,685 (↓17% from October 2025)
Months Supply of Inventory: 6 months (↑26% YoY)
Interest Rates: Trending Down over the last 7 days, FHA/VA/USDA down nearly a full 1%. TBD on how or if the Fed will respond to the midterms like the securities market has. If it does it will be par for the course.
Days on Market: ↑ 11%

Below you'll find a quick glance at how last month compared to the year prior. Stats annotated in Green are traditionally considered positive, Red could be considered negative or neutral.

HERE IS A CLOSER LOOK

Checkout the market stats below comparing October of this year to October of last.

October 2026 Metrics

Type	Units Sold	Average Sales Price	Average Days on Market	Compared to October 2025
Single Family Homes	4,427	$560,895	48	Units ↓ 1% Price ↓ 0.16% DOM ↑ 9%
Townhomes / Condos	564	$400,221	54	Units ↓ 17% Price ↓ 5% DOM ↑ 14%
Land	636	$331,413	96	Units ↓ 26% Price ↑ 24% DOM ↑ 3%

Interest rates as of Today 11/5/26

Data from CareyAnn Cyr & MyMortgageTeam at CMG Financial

FHA

6.875%

USDA

6.875%

THDA

6.875%

Conventional

7.375%

Middle Tennessee Market Report

Closings are happening every day. We can show you property at the drop of a hat. I'm also doing video walkthroughs if you prefer. 615-243-3567.

For years now I've been been manually pulling statistics every Thursday so you can see in real time how the market is performing. If you ever would like to see something different just call / text or email one of us.

Hot for Sale

East Nashville

Germantown

Downtown Condos

Popular Areas for Sale

Land This Week

Homes Closed by County This Week

**Potential** Deals of the Week

In Real Estate Agent Speak, anytime we see "MOTIVATED SELLER" it can be an indication of a listing that needs to be sold yesterday. For financial, personal or legal reasons that Seller needs the house gone and the Realtor is looking for a professional way to communicate they are ready to consider a "deal".

Check out this weeks motivated sellers HERE

Looking to Rent? No problem, we can help you with that. Call me anytime: 615-243-3567

Condos / Townhomes / Apartments for Rent

Under $1,000 per month

$1,000-$2,000 per month

$2,000 + per month

Single Family Homes for Rent

Under $1,000 per month

$1,000-$2,000 per month

$2,000 + per month

Zillow Vs Realtracs - Listing Changes

Summary of NAR Settlement Rule Changes

2024 Annual Report HERE

WE HAVE PROPERTY READY FOR NEW OWNERS

Note: We have off market opportunities as well! Get with us for more details!

🏡 151 Dellway Dr | Nashville Duplex

📍 3 miles to Downtown Nashvil

💰 $30,000+ NOI

📊 Appraised at $560K

💵 $41,000 gross annual income

🛏️ 2BR / 1BA on each side

•📈 Rents increased $850/month during ownership

•🔧 Professionally managed

🔁 Long Term and Mid Term Flexability

See the listing HERE

NOW OFFERED AT $264,900!

🏡 Welcome to 723 Nichols Street, a fully renovated 4BR/2BA home featuring a quartz kitchen, updated baths, two separate living areas, a bright sunroom, and a fenced backyard. Situated on a spacious corner lot with mature trees and beautiful landscaping, this move in ready home is one you don’t want to miss!

4 🛏

2 🛁

1,975 sqft 📏

$264,900 🏷

723 Nichols St Pulaski TN 38478🏡

MLS: 3619507 💻

See the listing HERE

NOW OFFERED AT $374,900!

🏡 Welcome to 621 Teree Drive...a 4BR/3BA ranch with open beam charm, a versatile private suite, and a spacious backyard for entertaining. Just minutes from downtown Gallatin and steps from Municipal Park. Don’t miss this one!

4 🛏

3 🛁

1,653 sqft 📏

$382,900 🏷

621 Teree Dr Gallatin TN 37066🏡

MLS: 3251513 💻

See the listing HERE