Middle Tennessee remains split by price tier as of the most recent published figures: Franklin's rolling 12-month median sits at $919,585 (as of May 2026, per Nashville Home Guru / Redfin / Zillow), while metro Nashville holds at $475,000 (as of May–June 2026, per Redfin / Zillow / Greater Nashville Realtors). Value markets Murfreesboro ($405,000) and Gallatin ($452,000) anchor the affordable end. Premium Williamson County continues to run at far shorter days-on-market than the value-tier suburbs.
What's the Nashville metro median home price right now?
Nashville's metro median sale price is $475,000, with homes typically taking 70 days to sell and 5.6–6.0 months of inventory on the market.
| Metric | Figure | As of | Source |
|---|---|---|---|
| Median sale price | $475,000 | May–June 2026 | Redfin / Zillow / Greater Nashville Realtors |
| Days on market | 70 days | May–June 2026 | Redfin / Zillow |
| Months of inventory | 5.6–6.0 mo | May–June 2026 | Redfin / Zillow |
| New-construction share | ~15% of market | May–June 2026 | Redfin / Zillow |
Where's the fastest-moving market in Middle Tennessee right now?
Franklin. Homes there sell in roughly 13–15 days, the fastest pace in the region, against just 3.6 months of inventory.
| Metric | Figure | As of | Source |
|---|---|---|---|
| Median sale price | $919,585 | May 2026 (rolling 12-mo) | Nashville Home Guru / Redfin / Zillow |
| Days on market | 13–15 days | May 2026 | Redfin / Zillow |
| Months of inventory | 3.6 mo | May 2026 | Redfin / Zillow |
| YoY trend | +7.7% (3-mo period ending Apr 2026) | Apr 2026 | Redfin / Zillow |
| New-construction share | 16.1% of single-family closings | Feb 2026 | Nashville Home Guru / Greater Nashville Realtors |
Knowledge-broker read: Franklin's sub-15-day market time reflects limited inventory at the premium end rather than heavy builder volume — new construction is a modest 16.1% of closings.
Which Middle-TN towns are priced under $450,000?
Two markets in the tracked data sit at or below the mid-$400Ks: Murfreesboro ($405,000) and Lebanon ($390,000). Gallatin sits just above that line at $452,000 with the tightest inventory in the region.
| Town | Median Price | Days on Market | Inventory | YoY | As of | Source |
|---|---|---|---|---|---|---|
| Lebanon | $390,000 | 57–70 days | [verify] | −3.5% | May 2026 | Redfin / Zillow |
| Murfreesboro | $405,000 | 66 days | 3.3 mo | −4.8% (3-mo ending May 2026) | June 2026 | Redfin / Zillow |
| Gallatin | $452,000 | 51 days | 1.6 mo | 0% (flat June 2026 vs June 2025) | June 2026 | Zillow / Redfin |
Read it straight: Gallatin's flat year-over-year price sits alongside the tightest supply in the region — a supply story, not a value story. Murfreesboro's softer year-over-year pairs with a large new-construction share (~40% of active inventory).
What's happening in the luxury market (Brentwood & Nolensville)?
Brentwood anchors the high end with a median in the $1,444,136–$1,600,000 range; Nolensville sits at $924,318.
| Market | Median Price | Days on Market | YoY | As of | Source |
|---|---|---|---|---|---|
| Brentwood | $1,444,136–$1,600,000 | 42–92 days | +8.3% to +16.2% | May–June 2026 | Redfin / Zillow |
| Nolensville | $924,318 | 113 days | −0.4% | May 2026 | Redfin / Zillow |
Brentwood's price range reflects month-to-month reporting variance across April–May; treat it as a band, not a single point.
Which towns have the most new construction right now?
Murfreesboro leads on new-construction share of active inventory; Spring Hill leads on share of closings.
| Town | New-Construction Share | Median Price | As of | Source |
|---|---|---|---|---|
| Murfreesboro | ~40% of active inventory | $405,000 | June 2026 | Redfin / Zillow |
| Spring Hill | ~33% of single-family closings | $539,000 | Feb 2026 | Greater Nashville Realtors / Redfin |
| Franklin | 16.1% of single-family closings | $919,585 | Feb 2026 | Nashville Home Guru / Greater Nashville Realtors |
| Nashville metro | ~15% of market | $475,000 | May–June 2026 | Redfin / Zillow |
Which markets are cooling and which are holding?
The region continues to bifurcate: premium Williamson County markets are appreciating year-over-year, several value markets are softening, and a middle band holds roughly flat.
Appreciating 5%+ YoY
- •Franklin: +7.7% (3-mo period ending Apr 2026, Redfin/Zillow)
- •Brentwood: +8.3% to +16.2% (May–June 2026, Redfin/Zillow)
- •Mount Juliet: +4.9% to +7.6% (May–June 2026, Redfin/Zillow)
Cooling 3%+ YoY
- •Murfreesboro: −4.8% (3-mo period ending May 2026, Redfin/Zillow)
- •Smyrna: −3% to −4% (June 2026, Zillow/Redfin)
- •Lebanon: −3.5% (May 2026, Redfin/Zillow)
- •Goodlettsville: −5.6% (March 2026, Redfin/Zillow)
- •Portland: −11% (May 2026 vs May 2025, Redfin/Zillow)
Flat (±1%)
- •Gallatin: 0% (June 2026, Zillow/Redfin)
- •Hendersonville: flat, no change YoY (June 2026, Movoto)
- •Spring Hill: 0% (June 2026, Redfin/Zillow)
- •Nolensville: −0.4% (May 2026, Redfin/Zillow)
How long are homes sitting on the market?
Market time ranges from Franklin's ~13 days to well over 100 days at the slower end.
Fast (under 40 days): Franklin, 13–15 days (May 2026, Redfin/Zillow). Standard (40–75 days): Hendersonville 44 days (June 2026, Movoto); Gallatin 51 days (June 2026, Zillow/Redfin); Smyrna 51–58 days (June 2026, Zillow/Redfin); Spring Hill 53 days (June 2026, Zillow/Redfin); Murfreesboro 66 days (June 2026, Redfin/Zillow); Nashville 70 days (May–June 2026, Redfin/Zillow). Slower (75+ days): Nolensville 113 days (May 2026, Redfin/Zillow); Goodlettsville 127 days (March 2026, Redfin/Zillow).
Faster markets reflect constrained inventory; slower markets carry more supply and more room to negotiate.
How much supply is there (months of inventory)?
Inventory runs from Gallatin's tight 1.6 months to a balanced 5.6–6.0 months in Nashville.
| Market | Months of Inventory | As of | Source |
|---|---|---|---|
| Gallatin | 1.6 mo | June 2026 | Zillow / Redfin |
| Murfreesboro | 3.3 mo | June 2026 | Redfin / Zillow |
| Franklin | 3.6 mo | May 2026 | Redfin / Zillow |
| Spring Hill | 4.65 mo | Feb 2026 | Greater Nashville Realtors |
| Nashville | 5.6–6.0 mo | May–June 2026 | Redfin / Zillow |
Under roughly 3 months favors sellers; over roughly 5 months gives buyers more leverage on price and terms. Gallatin's 1.6-month figure remains the tightest in the region.
As of the latest published figures (spring–summer 2026), Middle Tennessee is a tale of two tiers — premium Williamson County markets (Franklin, Brentwood) continue to tighten while several value markets (Murfreesboro, Smyrna, Lebanon, Goodlettsville, Portland) soften, and a middle band (Gallatin, Hendersonville, Spring Hill) holds flat. This is a snapshot; figures shift monthly — pull current numbers before you list or make an offer.
Questions about your specific market? Call the Will Johnson Team at 615-265-1000 for a no-pressure consultation.
By Will Johnson — U.S. Army veteran and former ICU nurse / CRNA. Knowledge-broker focused on honest, data-driven Middle Tennessee real estate. eXp Realty.
The Will Johnson Team
Nashville real estate · 12+ years · 60–100 transactions a year