Nashville Real Estate Market Report | Nov 9, 2026

by Jason Lee

Monday Market Report: Nashville Real Estate November 9, 2026

Good morning, and happy Monday! The Nashville real estate market is moving into its quieter late-fall rhythm, and the newest numbers show a market that has more choices for buyers and asks for sharper pricing from sellers. Below I break down the latest month of data (September 2026, the most recent month published as of this morning) for the whole region and for each of the nine counties I work in every week.

A quick note on sources: county figures come from the RealTracs MLS data summarized in Grant Hammond's Middle Tennessee market update for September 2026 (published October 5, updated November 2). Those numbers are marked preliminary and can be revised. October figures had not been published at the time I wrote this, so I'll cover them in a coming report.

Nashville Real Estate Market at a Glance (September 2026)

Across the 10-county RealTracs region in that report (our nine counties plus Montgomery), here's how September 2026 compared with September 2025:

Closings: 3,073, down 4% from 3,205
Median sale price: $444,169, up 2% from $437,000
Average days on market: 38, up from 33
Months of supply: 5.41, up from 4.87
Active inventory (average): 14,249 homes, up 8%
New listings: 5,441, down 19%
New contracts: 2,927, down 3%

The big story is balance. Prices are holding roughly steady, but homes are taking longer to sell and there's more inventory to choose from. Interestingly, new listings dropped sharply, which tells me some sellers are waiting for spring rather than listing into the holidays.

Mortgage Rates This Week

According to Freddie Mac's Primary Mortgage Market Survey released November 5, 2026, the average 30-year fixed rate is 7.18%, down from 7.24% the week before. That's the third straight weekly decline, but rates are still well above a year ago, when the 30-year averaged 6.22%. Every small dip helps monthly payments, so if you've been waiting on the sidelines, it's worth getting a fresh pre-approval.

Middle Tennessee County Comparison Table

Source: RealTracs data via Grant Hammond, September 2026 (preliminary). The report does not publish county-level year-over-year changes, so I've listed only the current month for each county.

County	Closings	Median Sale Price	Avg. Days on Market	Months of Supply
Davidson	853	$450,000	39	6.46
Williamson	397	$950,000	41	5.33
Rutherford	404	$422,940	35	4.91
Sumner	349	$446,000	34	4.32
Wilson	307	$499,900	34	4.22
Maury	184	$422,998	38	5.45
Robertson	107	$375,000	25	4.58
Cheatham	57	$415,000	52	5.22
Dickson	72	$345,500	47	5.81

A few things jump out. Williamson County has the highest median of the nine at $950,000, and Dickson County has the lowest at $345,500. Robertson County homes sold fastest at an average of 25 days, while Cheatham took the longest at 52. Wilson County had the tightest supply at 4.22 months, and Davidson had the most at 6.46 months.

County-by-County Breakdown

Davidson County

853 closings, a $450,000 median, 39 average days on market and 6.46 months of supply. Davidson led the region in sales volume but also has the most supply of the nine counties, so buyers looking in neighborhoods like Inglewood, Donelson or Antioch have real room to negotiate on homes that have been sitting.

Williamson County

397 closings, a $950,000 median, 41 average days on market and 5.33 months of supply. Franklin and Brentwood continue to anchor the top of the market, and with more than five months of supply, well-priced homes sell while overpriced ones linger.

Rutherford County

404 closings, a $422,940 median, 35 average days on market and 4.91 months of supply. Murfreesboro and Smyrna remain a value play compared with Davidson, and Rutherford posted more closings than Williamson in September.

Sumner County

349 closings, a $446,000 median, 34 average days on market and 4.32 months of supply. Here in my home county, Hendersonville and Gallatin are still seeing steady demand; Sumner tied Wilson for the second-fastest average days on market among the nine.

Wilson County

307 closings, a $499,900 median, 34 average days on market and 4.22 months of supply. Mt. Juliet and Lebanon helped give Wilson the lowest months of supply in the group, which makes it one of the more competitive spots for buyers right now.

Maury County

184 closings, a $422,998 median, 38 average days on market and 5.45 months of supply. Columbia and Spring Hill have plenty of new construction, which keeps inventory healthy and gives buyers builder incentives to compare.

Robertson County

107 closings, a $375,000 median, 25 average days on market and 4.58 months of supply. Springfield and Greenbrier offer some of the most approachable prices in the region, and homes there sold faster than in any other county on this list.

Cheatham County

57 closings, a $415,000 median, 52 average days on market and 5.22 months of supply. Ashland City and Kingston Springs draw buyers who want river access and room to breathe, but homes took the longest to sell here, so patience and pricing matter.

Dickson County

72 closings, a $345,500 median, 47 average days on market and 5.81 months of supply. The city of Dickson has the lowest median price of the nine counties, and with nearly six months of supply, buyers have time to shop.

What It Means for Buyers

You have options. With regional supply above five months and inventory up 8% year over year, you can be selective and take time on inspections.
Negotiate on stale listings. Homes past the county's average days on market often have sellers open to price cuts, closing-cost help or a rate buydown.
Watch rates weekly. Rates have dipped three weeks in a row. A pre-approval lets you move quickly if they keep easing.
Look one county over. If Williamson is out of budget, Maury and Rutherford offer medians under $425,000 with good access to I-65 and I-24.

What It Means for Sellers

Price it right from day one. Buyers have more choices, and the first two weeks are when your listing gets the most attention.
Less competition from new listings. New listings fell 19% year over year in September, so a well-prepared home can stand out this holiday season.
Prepare for negotiation. Expect requests for repairs or seller concessions, especially in Davidson, Dickson and Cheatham, where supply is highest.
Presentation still wins. Clean, bright, move-in-ready homes are still selling in about a month in counties like Robertson, Sumner and Wilson.

Frequently Asked Questions

Is the Nashville real estate market slowing down?

It's more balanced than a year ago. In September 2026, regional closings fell 4% and months of supply rose to 5.41, while the median price edged up 2% to $444,169, according to RealTracs data summarized by Grant Hammond.

What is the median home price in Middle Tennessee right now?

The 10-county RealTracs region had a median sale price of $444,169 in September 2026. By county, medians ranged from $345,500 in Dickson County to $950,000 in Williamson County.

What is the current 30-year mortgage rate?

Freddie Mac's survey released November 5, 2026 put the average 30-year fixed rate at 7.18%, down from 7.24% the prior week and up from 6.22% a year earlier.

Which Nashville-area county sold homes the fastest?

Robertson County had the shortest average days on market of the nine counties in September 2026 at 25 days. Cheatham County had the longest at 52 days.

Let's Talk About Your Next Move

Whether you're buying, selling or just curious what your home would bring in today's market, I'd love to help. I've spent 15 years helping families across Middle Tennessee, and I treat every client the way I'd want my own family treated.