Helpful Resources
Middle Tennessee Residential Real Estate
Greater Nashville Housing Market Produced Another Solid Month
Kenneth’s update as of May 8, 2026… The adage “all real estate is local” is demonstrated by the strong participation and solid values and key datapoints for Middle Tennessee’s April 2026 residential real estate production. Despite national economic and geopolitical chaos and instability, the Greater Nashville area’s performance was solid for M-T-M and Y-T-Y activity. A summary for the month:
Values remain consistent since January 2022, with small M-T-M fluctuations, for Single Family Dwellings and Condominium/Townhome classifications
Pending sales for April 2026 (3,016) are the largest monthly reporting since April 2023 (3,196)
Current month-end inventory (14,677) is the largest since available reporting research beyond January 2018
The real estate process has been reduced for two consecutive months since the high of 72 days on the market for February 2026
The Greater Nashville REALTORS® recently released a report for the month ending April 30, 2026, as follows: There were 3,100 closings; 3,016 pending sales; 14,677 inventory; 57 days on the market; and the median price for single-family dwellings of $503,340, and $345,000 for condominium classifications. The data collected for this release represents nine Middle Tennessee counties: Cheatham, Davidson, Dickson, Maury, Robertson, Rutherford, Sumner, Williamson, and Wilson.
The mortgage rates had a roller coaster reporting period during the month of April 2026. The following chart, courtesy of Mortgage News Daily, demonstrates the Mortgage News Daily’s month’s flow for the Average 30-Year Fixed Mortgage Rates for the period of April 1, 2026, through April 30, 2026. The daily average began April 1st with 6.45%. The low for the month was 6.29% on April 17th. The high and ending for the month was 6.50% on April 29th.
Economic Challenges. National economic policies, as well as aggression in the world of geopolitics including a war, challenge local real estate confidence and participation. Continued increases in consumable goods as well as increasing energy costs, consumers’ daily living expenses, increases in healthcare insurance, and the unpredictable daily fluctuation of the United States tariff policy directly affect the livability of Americans. Lack of consistent reporting updates for the economic engine introduced lack of confidence in the accuracy of the data points including GDP, Labor Market Data, Inflation Report, and Consumer Confidence Index become a challenge for future housing market production.
All Real Estate is Local! As demonstrated with the strong spring showing to date, the Greater Nashville area offers diverse and solid economic conditions as an incentive for Buyers to invest in the Middle Tennessee real estate market, as well as an abundance of available listings. It truly is a great opportunity to focus on the local conditions and for Buyers to take advantage of the current conditions. Contact your trusted lender to evaluate your home buying power dollars, and your favored REALTOR®, to discuss the current conditions and take advantage of the home buying and selling process.
Pending home sales – Pending Home Sales is a leading indicator for the housing sector, based on pending sales of existing homes. A sale is listed as pending when the contract has been signed but the transaction has not closed, though the sale usually is finalized within one or two months of signing. Pending contracts are good early indicators of upcoming sales closings. However, the amount of time between pending contracts and completed sales is not identical for all home sales.
APRIL 2026 REPORTING PERIOD SLIDESHOW https://youtu.be/VvaDhsc86wQ?si=YaVCk0sQ7utzHNk_
MARKET CONDITIONS - NASHVILLE AREA
Land Market Demonstrates Price Resilience | May 7, 2026
Home Prices Increased in 71% of Metro Areas in First Quarter of 2026 | May 6, 2026
NAR Pending Home Sales Report Shows 1.5% Increase in March | April 22, 2026
NAR Existing-Home Sales Report Shows 3.6% Decrease in March | April 14, 2026
NAR Pending Home Sales Report Shows 1.8% Increase in February | March 18, 2026
NAR Existing-Home Sales Report Shows 1.7% Increase in February | March 11, 2026
MARKET CONDITIONS - NATIONAL
REAL ESTATE PROCESS SUPPORT
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ARTS, ENTERTAINMENT, THINGS TO DO...
3rd & Lindsley
Arrington Vineyards
Assembly Food Hall
Belle Meade Plantation
Bluebird Cafe
Cheekwood Botanical Gardens
City Winery
Country Music Hall of Fame
Frist Center for the Visual Arts
General Jackson Showboat
Grand Ole Opry
Live on the Green
Musicians Corner
NashTrash Tours
Nashville Ballet
Nashville Farmers Market
Nashville Zoo
Parthenon
Ryman Auditorium
Schermerhorn Symphony Center
Steeplechase
Tennessee Performing Arts Center
Tennessee State Museum
RESTAURANTS...
1 Kitchen Nashville
Aba Nashville
Audrey Restaurant
Bad Idea
Barcelona Wine Bar
Bastion
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Burger Up
City House
Degthai Restaurant
Eddie V's Prime Seafood
Edessa
Elliston Place Soda Shop
Etc. Restaurant
Etch
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Gannon's Nashville
Germantown Cafe
Grilled Cheeserie
Halls Catch
Harpers Nashville
Hattie B's Chicken
Henrietta Red
Husk
Iggy's
International Market
GO FOR A HIKE, BIKE OR DRIVE...
Beaman Park Nature Center
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Ellington Agricultural Center
Natchez Trace Parkway Bridge
Old Hickory Lake
Percy Priest Lake
Radnor Lake State Park
Warner Parks
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PROFESSIONAL SPORTS
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Jashan Restaurant
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Kisser
Locust
Luogo
Mangia Nashville
Margot Cafe
Mere Bulles
Mas Amigos Kitchen
Midtown Cafe
Nectar Urban Cantina
Noko
Peg Leg Porker
Peninsula Nashville
Peter's Sushi and Thai
Pinewood Social Club
Rolf and Daughters
S. S. Gai
Sindoore Restaurant
Skull's Rainbow Room
Slim and Husky's
Southern Steak & Oyster
Tailor Nashville
The Finch
The Gumbo Bros
The Hampton Social
The Optimist
Valentino's Nashville
Wild Ginger
Xiao Bao
THINGS - TO - DO
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