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Real estate outlook for 2025: What Tennessee homebuyers can expect

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Real estate outlook for 2025: What Tennessee homebuyers can expect


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After a year of high interest rates, many homeowners and homebuyers are wondering what the market will look like in 2025.

Realtor.com, one of the top real estate listing websites in the United States, released its predictions for how the housing market will look in 2025.

It doesn’t look like mortgage rates will return to the pre-pandemic 4% average any time soon. Thus, it is possible we will see similar trends to 2024 in a lack of homes for sale and home buyers, but that’s not what the organization is predicting for Tennessee and most of the South.

Here’s what Tennesseans can expect in 2025 from the real estate market.

Are housing prices in 2025 expected to increase or decrease?

The organization is predicting that home prices will grow about 3.7% in 2025 as they are predicting mortgage rates to be slightly lower than in 2024 with an average monthly rate of 6.3%.

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“Mortgage rates are expected to keep mortgage payments essentially unchanged in 2025 despite continued home price growth,” the analysis wrote.

It’s likely that home sellers will still have the advantage over home buyers in 2025 with limited inventory and strong demands in high traffic areas. However, high interest rates could lead to fewer buyers being able to afford homes.

Buyers should expect a less competitive market than in past years, but it will be one that is still costly from high mortgage rates and home prices.

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Will there be more homes sold in 2025 than in 2024?

Homeownership rate is expected to drop by 0.3% between 2024 and 2025 from 65.6% to 65.3%. Despite this, existing home sales are expected to increase 1.5% to 4.07 million. The inventory of existing homes for sale is also expected to be 11.7% higher in 2025 than in 2024.

Much of home buying and selling depends on mortgage rates as seen in September 2024. During this time, mortgage rates dropped to 6.08%. The following month brought the largest number of active homes for sale in the U.S. housing market since December 2019, according to Realtor.com.

What will the Tennessee housing market look like in 2025?

Realtor.com broke its predictions down into metro areas. In last year’s analysis for Tennessee, there were losses in sales growth from 2023 to 2024, but for the 2025 year-over-year stats, there were only increases in sales price. Similarly, price growth is on the rise across the state’s metropolitan areas with a minimum increase of 6.3%.

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Metro 2025 Sales Growth y/y 2025 Price Growth y/y
Chattanooga 2.2% 6.3%
Knoxville 3.7% 8.3%
Memphis 8.3% 10.5%
Nashville 4.5% 8.3%
Tennessee 2024 housing market predictions from Realtor.com by metro.

What will the rental market look like in 2025?

New multifamily units are being built at an increased rate which pushed the rental vacancy up to 6.9% in 2024, but this doesn’t mean prices on rentals will come down either. The median asking rent in 2025 is expected to be 0.1% lower than in 2024, indicating that affordability will continue to be a challenge for many.

The organization is predicting the South’s lower-cost housing will continue to attract people in 2025 with the lack of change in rental prices. It is predicted the South will continue to see a 1.5% growth in rental stocks, the highest of any regional market.

What are the predictions for first-time homebuyers in 2025?

Unfortunately for first time home buyers, 2025 may not be your year as mortgage rates are not expected to change much next year. In 2024, there was an average mortgage rate of 6.7% for the year, and Realtor.com is predicting a 6.3% average rate in 2025.

In 2024, first-time homebuyers were a record low share of homebuyers, facing high costs for buying relative to renting, historically high home equity among repeat buyers, and a pickup in investor market share.

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As the homeownership rate is expected to drop a little, it may not be the year to buy a first home for many.



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What channel is Tennessee softball vs Texas Tech on today? Time, TV schedule to watch WCWS game

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What channel is Tennessee softball vs Texas Tech on today? Time, TV schedule to watch WCWS game


Tennessee softball faces Texas Tech in the Women’s College World Series winner’s bracket on May 30 at Oklahoma City.

The Lady Vols (48-10) outlasted Texas on May 28 to move on to the 1-0 game.

Texas Tech (58-7) shut out Mississippi State in the WCWS opener on May 28.

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The winner is one win away from the championship series and gets another off day, while the loser plays an elimination game on May 31.

Here’s how you can watch Tennessee softball vs. Texas Tech:

Tennessee softball vs Texas Tech on on May 30 at Devon Park in Oklahoma City will be televised on ABC.

  • Game time: 3 p.m. Eastern
  • Date: Saturday, May 30

Thursday, May 28

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  • Game 1: Texas Tech 8, Mississippi State 0 (5)
  • Game 2: Tennessee 6, Texas 3
  • Game 3: Alabama 6, UCLA 3
  • Game 4: Nebraska 5, Arkansas 3 (10)

Friday, May 29

  • Game 5: Mississippi State vs. Texas, 7 p.m. on ESPN
  • Game 6: UCLA vs. Arkansas, approx. 9:30 p.m. on ESPN2

Saturday, May 30

  • Game 7: Texas Tech vs. Tennessee, 3 p.m. on ABC
  • Game 8: Alabama vs. Nebraska, 7 p.m. on ESPN

Sunday, May 31

  • Game 9: Game 5 winner vs. Game 8 loser, 3 p.m. on ABC
  • Game 10: Game 6 winner vs. Game 7 loser, 7 p.m. on ESPN

Monday, June 1

  • Game 11: Game 7 winner vs. Game 9 winner, 12 p.m. on ESPN
  • Game 12: Game 7 winner vs. Game 9 winner (if necessary), approx. 2 p.m. on ESPN
  • Game 13: Game 8 winner vs. Game 10 winner, 7 p.m. on ESPN2
  • Game 14: Game 8 winner vs. Game 10 winner (if necessary), approx. 9:30 p.m. on ESPN2

WCWS Championship Series

Best-of-three series

  • Game 1 (Wednesday, June 3): Game 12 winner vs. Game 14 winner, 8 p.m. on ESPN
  • Game 2 (Thursday, June 4): 8 p.m. on ESPN
  • Game 3 (Friday, June 5): 8 p.m. on ESPN (if necessary)



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Answering Tennessee Football’s Burning Questions Less Than 100 Days Until Kickoff | Rocky Top Insider

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Answering Tennessee Football’s Burning Questions Less Than 100 Days Until Kickoff | Rocky Top Insider


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Tennessee football QB Faizon Brandon (Photo via Ryan Sylvia | RTI)

We’re less than 100 days until Tennessee football meets Furman to open the 2026 season inside Neyland Stadium. As the team meets for summer workouts in Knoxville, there are some serious questions with strong implications still unanswered, though.

Here’s the latest on the answer to each burning question revolving around the Vols.

Who leads Tennessee’s quarterback battle?

Josh Heupel won’t name a starting quarterback until much closer to the start of the season, if not into the season itself, with an FCS game to open the year. The reason is he wants to see how each player develops over the summer and into training camp after receiving hands-on instruction from the coaching staff during the spring.

However, all the buzz is currently around five-star true freshman Faizon Brandon. Multiple college football insiders have given him the leg up entering the summer after he showed up to campus with a college-ready frame and strong understanding of Heupel’s offense.

The battle is far from over, though. Redshirt-freshman George MacIntyre will have a say as he pushes to take the reins of the offense after sitting behind Joey Aguilar and Jake Merklinger last season. Colorado transfer Ryan Staub will also get reps as he looks to emerge.

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I think if you asked Heupel who the quarterback will be next season, he’d truthfully say he doesn’t know, though. It’s still a completely open competition as we gear up for fall camp at the beginning of August.

More From RTI: Tennessee Football’s First Three Games Officially Have Set Kickoff Times. Here’s What They are.

Will Chaz Coleman play for the Vols?

As spring camp progressed, Tennessee was without one of its key transfer portal pickups. Chaz Coleman, a highly-touted edge rusher from Penn State, began to miss practices and ultimately did not play in the annual Orange and White Game.

Now, it’s being reported that Coleman is not on campus for the start of voluntary workouts. We’ve seen missing practices and workouts be the end of tenures at UT in the past, as well. It was the final straw for Nico Iamaleava before he entered the portal in the spring of 2024, and Boo Carter missing workouts led to punishment before he transferred during the 2025 season.

It’s not a cut-and-clear case with Coleman, though. There’s still a chance he can work his way back into the fold for Tennessee this upcoming season, but there is plenty of work to be done. We’ll ultimately have to wait and see, but confidence is beginning to dwindle.

Either way, this now means Tulane transfer Jordan Norman is going to have to play a significant role this upcoming season and is a name to watch during fall camp.

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How has the team adapted to the new big-name coaches?

This offseason, Tennessee added two significant coaches to its staff. To replace Tim Banks at defensive coordinator, Josh Heupel went out and got Jim Knowles. To revamp his strength program, he hired Indiana’s Derek Owings.

So far, it seems like both additions have gone very well. Knowles has a tough job in front of him, but he retooled the defense at multiple positions through the transfer portal. The linebacker room seems very strong, and he added talent to the secondary, but the defensive line will be interesting to watch.

Overall, it seems like the team has responded well to what Knowles and his staff are trying to implement on that side of the ball, though.

In the weight room, Owings has seemingly turned things around. Players don’t only look bigger, but plenty have talked to the media about how they feel faster and stronger already during spring camp. That impact could be one that goes under the radar but is felt in a big way this year.

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Tennessee is 230 years old, and it all started right here in Knoxville

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Tennessee is 230 years old, and it all started right here in Knoxville


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  • Tennessee became the 16th state on June 1, 1796, after President George Washington signed the bill for its admission.
  • John Sevier was chosen as the first governor, and Knoxville was the state’s first capital.
  • Before becoming a state, the territory was known as the “Southwest Territory” and briefly existed as the unrecognized state of Franklin.
  • The state has had three constitutions, with the current one adopted in 1870 after the Civil War.

Much to-do is being made of America’s 250th birthday, as well it should.

But did you know June 1 is Tennessee’s 230th birthday?

It was on June 1, 1796, that President George Washington signed a bill granting Tennessee immediate admission as the 16th state. Gov. John Sevier was chosen to lead the new state, and Knoxville was picked as its first capital.

A decade before, settlers west of the Appalachian mountains had sought admission to the union for the state of Franklin. But despite four years of existence, Franklin never gained federal approval.

Tennessee’s first official state constitution – drafted by 55 delegates in Knoxville in 1796 – is on display at the Tennessee State Library and Archives.

It was drafted in the home of William Blount, which still stands on West Hill Avenue in downtown Knoxville.

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Tennessee actually has three state constitutions: the first, adopted in 1796, a revision adopted in 1834 to update the taxation and court systems, and the 1870 constitution, adopted after the Civil War. 

The 1870 constitution permanently abolished slavery in Tennessee and remains the state’s fundamental charter.  

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Celebrate Tennessee’s birthday in Knoxville

Marble Springs State Historic Site, home of Gov. John Sevier, will have a two-day free party for Tennessee’s Statehood Day.

Tennessee Field Day for kids (or kids at heart) is noon-5 p.m. May 29 and Statehood Day is 10 a.m.-4 p.m. May 30. Field Day explores history through many aspects and activities, and Statehood Day focuses more on lectures, demonstrations, music, line dancing and food.

The historic buildings and learning center are at 1200 W. Gov. John Sevier Highway in Knoxville.

Look back at how Tennessee was founded

1785-1789: Settlers establish independent systems of government and petition to become a state, but they fail to gain recognition for the state of Franklin. The territory is again under the control of North Carolina.

1789: North Carolina ratifies the United States Constitution and cedes its Tennessee lands to the federal government. It is designated as the “Territory of the United States, South of the River Ohio,” more commonly known as the “Southwest Territory.” William Blount is appointed by George Washington to be governor. Early governance of the territory is focused on making treaties with Native Americans, securing settlers from attacks and encouraging settlement. Warfare with Native American tribes increases through the 1790s. 

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1792: Knoxville is selected as the capital of the Southwest Territory. 

January 1796: Gov. William Blount calls for a constitutional convention in Knoxville to begin the process of joining the Union. The delegates form an organized government and constitution before applying to Congress for admission to the Union. The delegates select John Sevier as governor, William Blount and William Cocke as senators and Andrew Jackson as representative. 

June 1, 1796: Tennessee becomes the 16th state in America. Knoxville remains the capital until 1812. 

1812: Tennessee earns its nickname “The Volunteer State” during the War of 1812 because it sends 1,500 volunteer soldiers.

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1812-1816: Nashville is Tennessee’s capital. 

1817-1818: Knoxville is Tennessee’s capital again. 

1818-1826: Murfreesboro is the capital of Tennessee. 

1826-present day: Nashville becomes – and remains – the capital of Tennessee. 

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