Which counties are in the Greater Nashville MLS area?

The Greater Nashville MLS area covers ten Middle Tennessee counties: Montgomery, Cheatham, Robertson, Davidson, Wilson, Williamson, Maury, Rutherford, Dickson, and Sumner. Combined, these counties capture the majority of residential real estate activity in the Nashville metropolitan region.

Why is the average sale price so much higher than the median sale price in May 2026?

A small number of high-dollar transactions in Williamson County and parts of Davidson County pull the regional average upward. May 2026 average sale price was $650,362 against a $459,990 median, a $190,372 gap that reflects luxury closings in Franklin, Brentwood, Belle Meade, Forest Hills, and the downtown Nashville high-rise condo market.

Does 4.56 months of supply mean Middle Tennessee is a buyer’s market?

Four to six months of supply is generally considered balanced. May 2026 at 4.56 months is balanced but trending slightly toward buyers compared to a year ago. Properly priced new listings still move quickly, while carryover inventory offers more negotiation room than at any point in the trailing 24 months.

What is the mortgage rate lock-in effect?

Homeowners who locked in mortgage rates between 2020 and 2022 are sitting on rates two to four percentage points below current market. Selling and rebuying means a 30 to 40 percent monthly payment increase even with no price change. This is the primary driver of the 19 percent year-over-year decline in new listings in May 2026.

When will the June 2026 Middle Tennessee market update publish?

The June 2026 Middle Tennessee market update will publish in early July 2026 once the full month’s MLS reporting closes.

535 Tulip Springs Rd, Hermitage, TN 37076 (MLS # 3147049)

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PRICE	$374,900
BEDS	3
BATHS	2.5
HOME SIZE	1,632 sqft
LOT SIZE	n/a

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SELLING BELOW WHAT THEY PAID IN 2025!!! (and less than builder new builds with upgrades) Nearly new and only six months old, this stylish two-story townhome delivers modern comfort in a prime location near Nashville International Airport and just a short drive to the excitement of Nashville. The bright, open layout features soaring ceilings in the living room, recessed lighting throughout, and a gourmet kitchen with a peninsula, pantry, and sleek modern lighting, perfect for everyday living or entertaining. The main level primary suite offers privacy with a spacious ensuite bath and large closet. Upstairs, a versatile loft connects two additional bedrooms and a full bath, creating flexible living space. Enjoy a one-car garage, spacious laundry room, and a fenced private green space with patio. With quick access to dining, shopping, and entertainment, this nearly new home stands out amongst the rest. Don't miss the opportunity to experience this home for yourself! Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.

LAST UPDATED	5/31/2026	TRACT	Tulip Springs Townhomes
YEAR BUILT	2025	GARAGE SPACES	1.0
COUNTY	Davidson	STATUS	Active
PROPERTY TYPE(S)	Condo/Townhouse/Co-Op

SCHOOLS

Elementary School	Tulip Grove Elementary
Jr. High School	DuPont Hadley Middle
High School	McGavock Comp High School

ADDITIONAL DETAILS
AIR	Central Air, Electric
AIR CONDITIONING	Yes
AMENITIES	Insurance, Maintenance Grounds, Trash
APPLIANCES	Dishwasher, Electric Range, Microwave
BASEMENT	None
CONSTRUCTION	Brick
GARAGE	Attached Garage, Yes
HEAT	Central, Electric
HOA DUES	150
LOT	0
PARKING	Garage Faces Front, Attached
SEWER	Public Sewer
STORIES	2
STYLE	Traditional
SUBDIVISION	Tulip Springs Townhomes
TAXES	1
UTILITIES	Electricity Available, Water Available
WATER	Public

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