Market Pulse — Middle TN
Sentiment gauge
Buyer Neutral Seller
Leaning buyers Tough for buyers — High rates and softer volume are tilting leverage toward buyers despite still-elevated prices.
Median prices fell 5.7% recently while volume dropped 36% and homes sit 45 days on market. Mortgage rates at 7.28% keep affordability poor. Sellers face slower sales and must compete more on price or terms.
Price
Homeboy's Advice