Nashville Home Sales Rise 13% from 2023

Your Trusted Nashville Realtor: Navigating a Thriving Real Estate Market

If you're considering selling your home, buying a new property, or relocating to the vibrant Nashville Metro area, there's never been a better time to explore your options. The latest market trends reveal a strong and growing housing market in Nashville, TN.

Nashville Real Estate Market: Strong Home Sales and Rising Prices

In November, home sales in Nashville remained robust, with 2,567 closings — a 7% increase compared to the same time last year, according to Greater Nashville Realtors. This growth reflects both steady demand and increased opportunities for buyers and sellers alike.

Of these closings:

• 2,057 were single-family homes
• 376 were condominiums

This is a notable rise from 2023 figures, where single-family homes accounted for 1,868 sales and condominiums for 366.

Why Now Is the Time to Sell in Nashville

Sellers in Nashville are enjoying strong median home prices:

• Single-family homes: $500,000 (up from $470,495 last year)
• Condos: $350,000 (up from $348,510 last year)

For comparison, pre-pandemic prices in 2019 were $322,500 for single-family homes and $242,900 for condominiums — highlighting Nashville's consistent growth as a real estate hub.

Kevin Wilson, President of Greater Nashville Realtors, emphasizes the opportunity in today’s market, stating:

“With pending sales up 13% compared to last year, buyers have more options while sellers continue to see strong median home prices.”

Relocating to Nashville? Here’s Why You’ll Love It

Nashville combines Southern charm, vibrant culture, and economic growth, making it a top destination for relocation. The area offers something for everyone — from family-friendly neighborhoods to thriving city life.

Active listings in November hit 11,375, a 13% increase from the 10,045 reported last year. With four months of inventory available, buyers have plenty of options:

• 7,631 single-family homes
• 1,827 condominiums

This balance of choice and value creates an ideal environment for both buyers and sellers.

Key Insights for Nashville Homebuyers and Sellers

• Homes in November spent an average of 49 days on the market, providing a clear timeline for planning.
• With a 13% increase in pending sales year-over-year (2,145 in 2024 vs. 1,896 in 2023), buyer activity remains strong.

Middle Tennessee’s Diverse Market

The Greater Nashville Realtors covers nine Middle Tennessee counties: Cheatham, Davidson, Dickson, Maury, Robertson, Rutherford, Sumner, Williamson, and Wilson. Each offers unique neighborhoods, amenities, and opportunities for sellers and buyers alike.

Work with a Trusted Nashville Realtor

Whether you're preparing to list your property or searching for your dream home in Nashville, working with a knowledgeable and experienced realtor is key. I specialize in helping homeowners maximize their home’s value while guiding buyers and relocators to the perfect property.

Contact me today to learn how you can take advantage of Nashville’s thriving real estate market!