Scott Davis · The 615 Agent · Hive Nashville · TN License #369664(615) 326-4055 · scott@hivenashville.com · The615Agent.com
Market Update

August 2026 Housing Market Report: Franklin, Brentwood, Spring Hill and More

Downtown Nashville skyline and the pedestrian bridge at night

Here is where the market stands along the I-65 corridor and in greater Nashville, based on data through August 31, 2026.

The average 30-year fixed mortgage rate was 7.28% (week of October 1, 2026).

How to read it: each rating blends Zillow’s Market Temperature Index, Redfin’s months of supply and Realtor.com’s county data. Blended from up to three sources: Zillow’s Market Temperature Index (55%), Redfin months of supply (30%) and Realtor.com county hotness (15%).

Franklin: Balanced market (slightly toward sellers)

Zillow Market Temperature Index: Neutral | Redfin months of supply: Seller’s | Realtor.com Williamson County: Cool | Trend: cooling | The sources disagree

As of August 31, 2026, Franklin is a balanced market tilting slightly toward sellers, though the sources disagree noticeably. Zillow’s index reads Neutral at 46, Redfin shows 3.4 months of supply (Seller’s), and Realtor.com rates Williamson County Cool at 41.7 of 100. Zillow’s index has moved down 6 points over three months, and the median sale price is $863,000.

  • Median sale price: $863,000 (+12.8% vs. a year earlier)
  • Median days on market: 49
  • Average sale-to-list ratio: 98.3%
  • Active listings: 530

Brentwood: Balanced market (slightly toward buyers)

Zillow Market Temperature Index: Buyer’s | Redfin months of supply: Balanced | Realtor.com Williamson County: Cool | Trend: cooling

As of August 31, 2026, Brentwood is a balanced market tilting slightly toward buyers, though the sources’ readings differ. Zillow’s Market Temperature Index is 43 (Buyer’s), down 8 points over three months, while Redfin shows 4.0 months of supply (Balanced) and Realtor.com rates Williamson County 41.7 of 100 (Cool). The median sale price is $1,427,500, up 5.3% from a year earlier, with 63 median days on market.

  • Median sale price: $1,427,500 (+5.3% vs. a year earlier)
  • Median days on market: 63
  • Average sale-to-list ratio: 97.4%
  • Active listings: 299

Spring Hill: Balanced market (slightly toward buyers)

Zillow Market Temperature Index: Buyer’s | Redfin months of supply: Seller’s | Realtor.com Maury County: Cool | Trend: cooling | The sources disagree

As of August 31, 2026, Spring Hill is rated a balanced market tilting slightly toward buyers, with a cooling trend. The sources disagree: Zillow’s index of 41 reads Buyer’s and Realtor.com’s Maury County hotness of 32.6 of 100 reads Cool, while Redfin’s 3.9 months of supply reads Seller’s. The median sale price was $509,000, down 4.0% from a year earlier.

  • Median sale price: $509,000 (-4.0% vs. a year earlier)
  • Median days on market: 61
  • Average sale-to-list ratio: 98.8%
  • Active listings: 434

Thompson’s Station: Balanced market (slightly toward buyers)

Zillow Market Temperature Index: Neutral | Redfin months of supply: Balanced | Realtor.com Williamson County: Cool | Trend: cooling

As of August 31, 2026, Thompson’s Station is a balanced market tilting slightly toward buyers, based on rolling 3-month data. Zillow’s Market Temperature Index is 46 (neutral), down 15 points over three months, and Redfin shows 5.3 months of supply (balanced), while Realtor.com rates Williamson County 41.7 of 100 (cool). The median sale price is $835,000, down 1.8% from a year earlier, and with few listings, figures can swing month to month.

  • Median sale price: $835,000 (-1.8% vs. a year earlier)
  • Median days on market: 66
  • Average sale-to-list ratio: 99.2%
  • Active listings: 146

Nolensville: Balanced market (slightly toward buyers)

Zillow Market Temperature Index: Buyer’s | Redfin months of supply: Seller’s | Realtor.com Williamson County: Cool | Trend: cooling | The sources disagree

As of August 31, 2026, Nolensville is rated a balanced market, tilting slightly toward buyers, though the sources disagree. Zillow’s Market Temperature Index is 35 (Buyer’s), Redfin’s months of supply is 3.4 (Seller’s), and Realtor.com’s Williamson County hotness score is 41.7 of 100 (Cool). The median sale price is $925,000, down 7.5% from a year earlier, and with few listings, figures can swing month to month.

  • Median sale price: $925,000 (-7.5% vs. a year earlier)
  • Median days on market: 63
  • Average sale-to-list ratio: 97.8%
  • Active listings: 78

Nashville: Leans toward buyers

Zillow Market Temperature Index: Neutral | Redfin months of supply: Balanced | Realtor.com Davidson County: Cool | Trend: cooling

As of August 31, 2026, Nashville’s market leans toward buyers, based on rolling 3-month data. Zillow’s index reads Neutral at 44, down 6 points over three months, Redfin shows balanced conditions at 5.3 months of supply, and Realtor.com rates Davidson County Cool at 16.6 of 100. The median sale price is $476,000, down 0.4% from a year earlier, with homes at a median of 64 days on market.

  • Median sale price: $476,000 (-0.4% vs. a year earlier)
  • Median days on market: 64
  • Average sale-to-list ratio: 97.6%
  • Active listings: 4,864

Columbia: Balanced market (slightly toward buyers)

Zillow Market Temperature Index: Buyer’s | Redfin months of supply: Balanced | Realtor.com Maury County: Cool | Trend: cooling

As of August 31, 2026, Columbia is a balanced market tilting slightly toward buyers. Zillow’s index of 39 reads Buyer’s, Redfin’s 4.3 months of supply reads Balanced, and Realtor.com’s Maury County hotness score of 32.6 reads Cool, so the sources differ somewhat. The median sale price was $367,250, down 1.3% from a year earlier, with a median of 78 days on market.

  • Median sale price: $367,250 (-1.3% vs. a year earlier)
  • Median days on market: 78
  • Average sale-to-list ratio: 97.5%
  • Active listings: 448

Murfreesboro: Balanced market

Zillow Market Temperature Index: Neutral | Redfin months of supply: Seller’s | Realtor.com Rutherford County: Cool | Trend: cooling

Murfreesboro is a balanced market as of August 31, 2026, with a cooling trend. Zillow’s Market Temperature Index is 48 (Neutral), down 7 points over three months, while Redfin’s 3.8 months of supply reads Seller’s and Realtor.com’s Rutherford County score of 33.3 of 100 reads Cool, so the sources differ. The median sale price is $432,700, down 0.5% from a year earlier, with a median of 63 days on market.

  • Median sale price: $432,700 (-0.5% vs. a year earlier)
  • Median days on market: 63
  • Average sale-to-list ratio: 99.0%
  • Active listings: 824

What this means for your plans

Every home and neighborhood is different. If you would like to talk through what these numbers mean for you, get matched with homes, find out what your home is worth or contact me. You can also see live numbers for every city on the market data page, or try your own numbers in the mortgage calculator.

Sources: Redfin Data Center (median sale price, days on market, sale-to-list ratio, inventory and months of supply, as rolling 3-month figures); Freddie Mac via FRED, Federal Reserve Bank of St. Louis (30-year fixed mortgage rate, weekly); Zillow Research (Market Temperature Index); Realtor.com Research (county hotness and listing activity). Conditions vary by neighborhood, price range and home type. This is general information, not legal, tax, lending or financial advice.

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