Happy Friday, Tennessee! Whether you're enjoying the Smoky Mountains, soaking up city life in Nashville, or relaxing in a small town with big charm, the Volunteer State’s real estate market has been buzzing this summer. Here's your weekly dose of insights tailored just for our Tennessee neighbors.
🏠 1. Middle Tennessee Is Still Hot—But Cooling in a Healthy Way
While home prices in Nashville and surrounding areas like Murfreesboro and Franklin are still strong, the pace has begun to normalize. Fewer bidding wars means buyers can breathe again—while sellers are still seeing solid returns.
📍 Local Tip: Homes priced accurately in Knoxville, Chattanooga, and the Tri-Cities are still moving fast—especially those under $400k.
📈 2. Interest Rates Are Holding—But a Small Shift Can Make a Big Difference
Mortgage rates in Tennessee are hovering around national averages, and buyers who act now may still snag a better deal than those waiting for a drop. Plus, local lenders are offering incentives like rate buy-downs and grants for first-time buyers.
🎯 Ask your lender about THDA loan programs (Tennessee Housing Development Agency) if you're a first-time buyer—they're a game-changer.
🌄 3. Rural and Suburban Areas Are Gaining Ground
Work-from-home flexibility has pushed demand up in areas like Maryville, Lenoir City, and Cookeville, where buyers can find more land, quieter living, and better value per square foot.
🚗 Buyers are often trading a 20-minute longer commute for a bigger backyard and lower taxes. Win-win.
🛠️ 4. Tennessee Homebuyers Want Energy Efficiency and Outdoor Space
From Memphis to Johnson City, buyers are asking about:
Energy-efficient windows & HVAC
Covered patios or screened porches
Bonus rooms and home offices
Sellers: Small updates in these areas can seriously improve your showing results this summer.
🗓️ 5. Timing Is Everything—Especially in June
School’s out, the weather’s ideal, and listings pop up daily. June is one of Tennessee’s most active months for real estate, and smart buyers are lining up now to move before the fall.
📆 Thinking of selling? Now’s your golden window. Let’s list before July heat and back-to-school distractions kick in.
🏡 Final Thoughts
Tennessee's real estate market is full of opportunity—if you know where to look and when to move. Whether you're downsizing, upgrading, or relocating, understanding these local trends helps you plan smarter and act with confidence.
💬 What part of Tennessee are you watching the market in? Drop a comment below or message us directly—we’d love to share what’s happening in your neighborhood!
🏡
Partners Realty Group
(865) 789 – 6677
"Rooted in Tennessee, focused on your future."
Let’s make your next move a confident one.
