Why Nashville Homes Are Taking Longer To Sell in 2025

Learn why Nashville homes are sitting longer on the market and how to sell faster this year.

Homes aren’t selling as quickly as they used to. If you're planning to sell, it’s important to know why. The real estate market has shifted, and understanding what’s happening can help you make the right moves.

Why do homes take too long to sell? Interest rates are the biggest factor. When rates go up, buyers can’t afford as much, so demand drops. Fewer buyers mean fewer offers, longer market times, and more price cuts. Right now, home sales are at their lowest since 2008 and 2014. Those were tough years for real estate. We’re seeing similar trends today, but the situation isn’t the same.

What’s happening in Nashville? Nashville’s market usually outperforms the national average. But even here, sales have slowed. Homes aren’t moving as fast, and the numbers show we’re right in line with national trends. Between 2008 and 2014, home sales in Nashville were higher than they are today. That tells us this slowdown is part of a cycle we’ve seen before. The market will adjust, but right now, sellers need to plan for longer wait times.

"Prices aren’t dropping much because there aren’t enough homes for sale to create a big surplus."

What’s next for the market? The good news is Nashville’s economy is strong. Companies are moving in, and people still want to live here. That’s why we’re not expecting a market crash. Prices aren’t dropping much because there aren’t enough homes for sale to create a big surplus. But with fewer buyers in the market, homes are sitting longer. If you’re selling in 2025, expect a slower process.

What does it mean for sellers and buyers? If you’re selling, price your home right from the start. Overpricing will only lead to frustration and longer market times. Be patient, and work with an agent who knows how to navigate this kind of market. And if you’re buying, this is a chance to negotiate better terms. Fewer buyers mean less competition and more room for negotiation.

If you want to talk about your options, call us at (615) 315-9223 or visit FYKES Realty Group. Let’s make sure you’re set up for success. We look forward to hearing from you!