Franklin, Tenn. — October 5, 2026

Buyers shopping the Nashville area in September found more homes for sale, more sellers willing to cut prices and less pressure to decide quickly, according to Realtor.com's monthly market report for the metro, published Oct. 2.

Active listings in the Nashville market rose 12.0% from a year earlier to 12,150 homes, Realtor.com reported, more than double the 5.4% inventory growth recorded nationally. The increase came even as new listings fell 2.4% year over year, a steeper decline than the 0.7% national drop, which suggests the larger supply reflects homes staying on the market longer rather than a wave of new sellers.

That slower pace is visible in time on market. The median Nashville listing spent 62 days on the market in September, up 5.1% from a year earlier and one day longer than the national median of 61 days. Realtor.com noted that homes nationally sold slightly faster than a year ago, making the Nashville slowdown a local divergence from the broader trend.

Pricing has softened modestly. The median list price in the metro slipped 1.0% year over year to $533,995, close to the 1.4% national decline but still well above the U.S. median of $419,250. About 22.5% of Nashville listings carried a price reduction during the month, above the national share of 20.8% and up slightly from a year earlier, with cuts concentrated among homes that had gone unsold for some time.

The September figures extend a pattern visible in the region's late-summer closing data. Greater Nashville Realtors reported 2,926 closings across its nine-county footprint in August, down 4% from August 2025, while inventory held steady for a third straight month at roughly 15,637 listings, about 7% above the prior year, according to the Nashville Ledger's coverage of the association's report. The association said the median single-family sales price rose to $515,725 in August from $505,000 a year earlier, while the median condominium price fell to $339,995 from $353,450.

Conditions continue to vary widely by segment and county. Association president Jack Gaughan said in the August report that Wilson County homes listed above $400,000 saw closings rise 19%, while downtown Nashville condominium closings fell 38% for the month.

Greater Nashville Realtors typically pulls its monthly sales report around the fifth of the following month, so official September closing, price and inventory figures for the nine-county region are expected in the coming days.

Sources