Helpful Resources
Middle Tennessee Residential Real Estate
Spring has Sprung in Middle Tennessee with Solid March 2026 Housing Market Activity
Kenneth’s update as of April 9, 2026… March 2026 reporting period produced a solid performance of activity as well as improved M-T-M key data points. Y-T-Y comparison of data points also provides an optimistic overview and outlook as we move forward to the anticipated buying and selling season for residential real estate.
The Greater Nashville REALTORS® recently released a report for the month ending March 31, 2026, as follows: There were 2,752 closings; 2,979 pending sales; 13,694 inventory; 62 days on the market; and the median price for single-family dwellings of $491,525, and $349,990 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 steadily climbed during the month of March 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 March 1, 2026, through March 31, 2026. The daily average began March 2nd with 6.12% and was also the low for the month. The high was 6.64% on March 27th and ended the month-end reporting date on March 30th of 6.55%.
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! 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. Should you jump into the real estate market? 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.
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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.
MARCH 2026 REPORTING PERIOD SLIDESHOW https://youtu.be/hlSJnSZxTls?si=iml3ntSCge0W9-_p
MARKET CONDITIONS - NASHVILLE AREA
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
Mortgage Rate Milestone: 30-Year Fixed Drops Below 6% | February 27, 2026
NAR Pending Home Sales Report Shows 0.8% Decrease in January | February 20, 2026
NAR Existing-Home Sales Report Shows 8.4% Decrease in January | February 13, 2026
Home Prices Increased in 73% of Metro Areas in Fourth Quarter of 2025 | February 5, 2026
NAR Pending Home Sales Report Shows 9.3% Decrease in December | January 22, 2026
NAR Existing-Home Sales Report Shows 5.1% Increase in December 2025 | January 16, 2026
2026 Real Estate Outlook: What Leading Housing Economists are Watching | January 6, 2026
NAR Pending Home Sales Report Shows 3.3% Increase in November | 12292025
NAR Existing-Home Sales Report Shows 0.5% Increase in November | 12192025
NAR 2026 Forecast Summit Predicts Positive Recovery, with Regional Affordability Hurdles | 121220252025
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
Biscuit Love
Bourbon Steak Nashville
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
Centennial Park
Cumberland Park
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
Nashville Predators
Nashville Soccer Club
Nashville Sounds
Tennessee Titans
Jashan Restaurant
Kayne Prime Steakhouse
Kirin Sushi
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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