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