Tennessee
Real estate outlook for 2025: What Tennessee homebuyers can expect
Homebuyers hold out for interest rate relief
For the first time in six weeks, mortgage rates are leveling off.
Fox – Seattle
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%.
“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.
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%.
| 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% |
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.
As the homeownership rate is expected to drop a little, it may not be the year to buy a first home for many.
Tennessee
Nashville Sounds and Autism Tennessee partner to host inclusive Beyond the Label Day for local children
NASHVILLE, Tenn. (WTVF) — At a ballpark built for noise, there is space for something quieter.
During the Nashville Sounds’ “Beyond the Label Day,” kids are learning, playing and experiencing baseball in a way that works for them. Autism Tennessee volunteers stepped in to guide kids through sensory play designed to calm and focus.
From spinning toys to textured fidgets, these tools help turn overwhelming moments into manageable ones. Children engaged with the activities, pointing out shapes like a circle, noticing items like candies, and expressing how nice the experience was.
Adam English, general manager of the Nashville Sounds, said making space for everyone is the goal, even as the stadium announcer calls another Sounds strikeout.
“It’s important for us to raise awareness about autism, but also just make sure that First Horizon Park is an inclusive place for everybody” English said.
The Sounds stadium even has a sensory room for families at every game.
“There’s huge baseball fans that sometimes shy away because of loud crowds and we want to make sure every game out here available” English said.
For Autism Tennessee leaders like Jessica Moore, days like this are about more than awareness. They are about belonging.
“Typically events like this can be super overwhelming… so this is just a way for people to feel like they can come and still be successful” Moore said.
What are your thoughts on making sports venues more inclusive for all fans? Watch the video to see the sensory room in action, and share your experiences with me at kim.rafferty@NewsChannel5.com.
In this article, we used artificial intelligence to help us convert a video news report originally written by Kim Rafferty. When using this tool, both Kim Rafferty and the NewsChannel 5 editorial team verified all the facts in the article to make sure it is fair and accurate before we published it. We care about your trust in us and where you get your news, and using this tool allows us to convert our news coverage into different formats so we can quickly reach you where you like to consume information. It also lets our journalists spend more time looking into your story ideas, listening to you and digging into the stories that matter.
Checking in on Cole: Gallatin rallies around teen battling brain tumor with prayer vigil
Austin Pollack brings us an update on a remarkable young man facing great odds, and his family has one simple request: pray for Cole. I believe in the power of prayer and hope you’ll join me in lifting up Cole and his family.
– Carrie Sharp
Tennessee baseball will look to salvage the final game of the SEC series against Ole Miss.
The Vols (25-14, 7-10 SEC) play Game against the No. 23 Rebels (29-11, 10-7) on April 19 (1 p.m. ET, SEC Network+) at Lindsey Nelson Stadium.
Ole Miss has been on a roll. The 8-1 win on April 18 against the Vols moved the Rebels to eight straight wins. It got an ace-level start from Cade Townsend and a grand slam from Tristan Bissetta to secure Game 2.
Taylor Rabe (3-1, 3.16 ERA) will start for the Rebels. Evan Blanco (3-2, 3.67 ERA) will be on the mound for Tennessee.
Tennessee baseball vs. Ole Miss live updates
What channel is Tennessee baseball vs. Ole Miss on today?
- TV channel: SEC Network+
- Live stream: ESPN app
Tennessee baseball vs. Ole Miss game times
- Game 3: April 19 (1 p.m. ET)
Tennessee baseball vs. Ole Miss probable pitchers
- Tennessee: LHP Evan Blanco (3-2, 3.67 ERA)
- Ole Miss: RHP Taylor Rabe (3-1, 3.16 ERA)
KNOXVILLE, Tenn. (WVLT) – The Tennessee Volunteers baseball team dropped game two to Ole Miss on Saturday afternoon, 8-1. The Rebels clinch the series, the first time Ole Miss has won a series in Knoxville since 2016.
A bright spot for the Vols was Tegan Kuhns who threw 5.2 innings not allowing a run, striking out 10 batters on five hits.
Cam Appenzeller picked up his first loss of the season coming in out of the bullpen for Kuhns. The SEC Freshman of the Week did not have a great outing. Appenzeller went 2.1 innings giving up six earned runs.
Tennessee escaped a shutout as Trent Grindlinger hit a solo home run in the ninth inning. Grindlinger’s home run was one of Tennessee’s two hits on the night.
The Volunteers look to avoid the series sweep as theY round out the series with Ole Miss on Sunday at Lindsey Nelson Stadium. First pitch is set for 1 p.m. on the SEC Network+.
Copyright 2026 WVLT. All rights reserved.
-
Oregon5 minutes agoSmall Oregon town residents’ trust shaken as state sues disaster nonprofit founder
-
Pennsylvania11 minutes agoMother, 6 children die in Central Pennsylvania house explosion, state police say
-
Rhode Island17 minutes agoThe Real Housewives of Rhode Island Recap: Wrong Side of the Tracks
-
South-Carolina23 minutes agoSouth Carolina Lottery Pick 3, Pick 4 results for April 19, 2026
-
South Dakota29 minutes agoFCS Football Recruiting Roundup: South Dakota, Montana State Target 2027 Defensive Standouts
-
Tennessee35 minutes ago
Nashville Sounds and Autism Tennessee partner to host inclusive Beyond the Label Day for local children
-
Texas41 minutes agoTexas A&M Forward Transfer Seemingly on Visit to See Lady Vols Basketball | Rocky Top Insider
-
Utah47 minutes agoGolden Knights vs. Mammoth Game 1 prediction: NHL odds, picks, best bets for Stanley Cup Playoffs