Are Home Prices Rising or Falling in Brentwood, TN?
Brentwood, a city near Nashville, TN, is a high-end housing market with steadily rising prices. Here's why, and what buyers and sellers should know today.
The National Picture
The U.S. housing market continues its slow climb. In the three months ending August 2026, the national median sale price reached about $399,000, a 2% gain from a year earlier. The typical American household earns around $88,000 and now spends roughly 34% of income on housing, an improvement of nearly 2 percentage points compared to last year. About 20% of active listings have had a price drop, there are four months of supply, and homes take a median of 50 days to sell.
Home Prices in the Nashville Area
Across the Nashville metro, the median sale price is about $480,000, essentially flat from a year ago. The typical metro-area household earns around $96,000 and spends about 36% of that on housing, down about 1.5 percentage points from last year. With 5.4 months of supply and homes sitting a median of 64 days, the Nashville market is more balanced than it was a year ago.
Luxury Prices Continue a Steady Climb
Brentwood's median sale price climbed 5% from a year ago to about $1.4 million, making it the priciest market among Nashville-area cities. At nearly three times the metro median of $480,000, buyers here likely need well above the metro-area median income of $96,000. About 36% of listings carry a price cut, and homes take a median of 63 days to sell. Only about 12% of homes sold above asking, and the typical sale closed at roughly 97% of list price. Nearby Franklin saw sharper gains at 12%, while Hendersonville edged up just 2%.
Why Are Prices Rising in Brentwood?
Brentwood's price growth is being supported by limited inventory relative to demand. At 4.2 months of supply, the market is tighter than the Nashville metro's 5.4 months. Active listings grew about 3% and new listings rose 8%, but pending sales slipped 3%. Homes take a median of 63 days to sell, up 3 from last year. In a luxury market where the median home is over $1.4 million, even modest price gains translate to significant dollar increases.
| Location | Median Price | Price YoY | Price Drops | Months of Supply |
|---|---|---|---|---|
| Brentwood ★ | $1,424,058 | +5.1% | 35.9% | 4.2 |
| Franklin | $862,929 | +12.4% | 30.3% | 3.6 |
| Hendersonville | $534,646 | +1.8% | 39.3% | 4.6 |
| Gallatin | $447,154 | +5.2% | 35.2% | 4.8 |
| Spring Hill | $508,284 | -4.1% | 34.6% | 4.1 |
| Murfreesboro | $429,716 | -1.2% | 33.2% | 4.0 |
Limited to neighborhoods with at least 10 home sales in the period.
All data comes from Redfin and represents a three-month rolling average ending August 2026. This article has been generated, in whole or in part, using generative artificial intelligence (AI) technology, with input from Redfin head of economics research Chen Zhao. While efforts have been made to ensure the accuracy and reliability of this information, you should independently verify all data, facts, and citations contained in this article before relying on it for any purpose. This information is not a substitute for advice from a real estate agent, financial advisor, or other licensed professional. Check the Redfin Data Center for additional in-depth housing market data.
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