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Market Report Nashville · Middle Tennessee Segments 10 min July 5, 2026

Murfreesboro Leads Middle Tennessee New Construction at 40% Share — 2026 Market Update

Murfreesboro leads Middle Tennessee new construction at roughly 40% of active inventory, with Spring Hill (33% of closings) and Franklin (16.1% of closings) rounding out the top tier as of mid-2026 — every figure below is sourced and dated from market-data.ts, with no price predictions.

Will Johnson

By Will Johnson & The Will Johnson Team

U.S. Army veteran · former CRNA · RealTrends Verified 2026

Murfreesboro leads Middle TN new construction at ~40% of active inventory; Franklin's new-home share sits at 16.1% — week of July 5, 2026

Middle Tennessee's new-construction market is concentrated in a handful of value-tier suburbs as of mid-2026: Murfreesboro carries the region's highest new-construction share at approximately 40% of active inventory (June 2026, per Redfin/Zillow), while Spring Hill follows at about 33% of single-family closings (February 2026, per Zillow/Nashville Home Guru) and Franklin trails the leaders at 16.1% of single-family closings (February 2026, per Nashville Home Guru/Redfin/Zillow) despite its higher price point. Builder activity clusters in Rutherford, Maury/Williamson (Spring Hill), and Sumner County (Gallatin's 14 active new-home communities), with Nashville metro's new-construction share running near 15% and reaching 20%+ in some submarkets (May–June 2026, per Redfin/Zillow). This is a market-share and pace snapshot only — no price forecasts.

Which towns have the most new construction right now?

By share of the local market, Murfreesboro leads at roughly 40% of active inventory, followed by Spring Hill at about 33% of single-family closings and Franklin at 16.1% of single-family closings. Nashville metro overall runs near 15%, with some submarkets above 20%. Several towns (Gallatin, Mount Juliet, Smyrna) don't publish a clean percentage but report meaningful new-home counts — 14 active communities in Gallatin and 179–210 new homes for sale in Mount Juliet, both as of June 2026.

TownNew-Construction ShareAs ofSource
Murfreesboro~40% of active inventoryJune 2026Redfin / Zillow
Spring Hill~33% of single-family closingsFeb 2026Zillow / Nashville Home Guru
Franklin16.1% of single-family closingsFeb 2026Nashville Home Guru / Redfin / Zillow
Nashville metro~15% of market (some submarkets 20%+)May–June 2026Redfin / Zillow
Clarksville~15%March 2026Redfin / Zillow
Lebanon~8% (~57 of ~700 total inventory)May 2026Redfin / Zillow
Brentwood~5–8% of marketMay–June 2026Redfin / Zillow
GallatinNot published as % — 14 active new-home communitiesJune 2026Zillow / Movoto / Redfin
Mount JulietNot published as % — roughly 179–210 new homes for saleJune 2026Redfin / Zillow
SmyrnaNot published as % — roughly 200+ new-construction homes for saleJune 2026Zillow / Redfin
ColumbiaActive development noted in east Columbia corridor; % unavailableApril–May 2026Redfin / Zillow / Homelight

What do new-construction homes cost by market?

New-construction pricing tracks each town's overall median: value-tier markets like Lebanon ($390,000) and Murfreesboro ($405,000) offer the region's most affordable new-home entry points, while Brentwood's new-construction listings carry a median list price around $3.2 million as of early 2026 — reflecting its custom-luxury segment rather than production building. Franklin and Spring Hill sit in between at $919,585 and $539,000 respectively.

TownArea Median Sale PriceAs ofSource
Lebanon$390,000May 2026Redfin / Zillow
Murfreesboro$405,000June 2026Redfin / Zillow
Smyrna$412,253June 2026 (May 2026 sales)Zillow / Redfin
Gallatin$452,000June 2026Zillow / Movoto / Redfin
Columbia$449,990April–May 2026Redfin / Zillow
Spring Hill$539,000June 2026Zillow / Movoto
Mount Juliet$576,655May–June 2026Redfin / Zillow
Nashville metro$475,000May–June 2026Redfin / Zillow / Greater Nashville Realtors
Franklin$919,585May 2026 (rolling 12-mo)Nashville Home Guru / Redfin / Zillow
Brentwood (new-construction listings)~$3.2M median list price (early 2026); area median $1.44M–$1.6MEarly 2026 / May–June 2026Nashville Home Guru / Redfin / Zillow

Note: these are overall area medians, not new-construction-only medians, except where noted for Brentwood. The source data does not break out a new-construction-only median for most towns.

Where is builder activity concentrated?

Builder activity concentrates in three bands: Rutherford County (Murfreesboro's ~40% new-construction share of active inventory), the Maury/Williamson corridor (Spring Hill at ~33% of closings, plus active development noted in east Columbia), and Sumner County (Gallatin's 14 active new-home communities). Days-on-market and inventory levels in these same towns show where that supply is landing relative to demand.

TownNew-Construction ShareDays on MarketMonths of InventoryAs ofSource
Murfreesboro~40% of active inventory66 days3.3 monthsJune 2026Redfin / Zillow
Spring Hill~33% of single-family closings53 days4.65 months (Feb 2026)June 2026Zillow / Movoto / Nashville Home Guru
Gallatin14 active new-home communities51 days1.6 monthsJune 2026Zillow / Movoto / Redfin
Franklin16.1% of single-family closings13–15 days3.6 monthsFeb–May 2026Nashville Home Guru / Redfin / Zillow
Clarksville~15%98 days3.95 monthsMarch 2026Redfin / Zillow

Gallatin's tight 1.6-month inventory alongside 14 active new-home communities suggests builder supply is being absorbed quickly. Franklin's fast 13–15 day market time comes with a comparatively modest 16.1% new-construction share, pointing to scarcity of developable lots rather than heavy building volume.

Snapshot

As of early July 2026, Middle Tennessee new-construction activity concentrates in Murfreesboro, Spring Hill, and Franklin by share, with Gallatin standing out for community count and absorption pace. This is a snapshot; figures shift monthly — pull current numbers before you list or offer.

Questions about new construction in your target 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

Call 615-265-1000

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