46 cities with year-over-year price decreases
-46.9%
Biggest Drop
-14.3%
Avg Decline
Price drops can signal buying opportunities. These markets may offer better negotiating leverage and more affordable entry points compared to last year.
| # | City | YoY Change | Median Price | Days on Market | Months Supply |
|---|---|---|---|---|---|
| 1 | Gatlinburg | -46.9% | $465K | 136 days | 5.1 mo |
| 2 | Dyersburg | -39.1% | $105K | 32 days | 4.0 mo |
| 3 | Nolensville | -33.6% | $839K | 113 days | 3.9 mo |
| 4 | Mount Carmel | -33.6% | $219K | 60 days | 2.1 mo |
| 5 | Paris | -30.7% | $142K | 94 days | 10.4 mo |
| 6 | Estill Springs | -30.0% | $241K | 65 days | 2.1 mo |
| 7 | Rogersville | -28.7% | $222K | 89 days | 2.9 mo |
| 8 | McMinnville | -24.4% | $204K | 82 days | 5.1 mo |
| 9 | Martin | -23.9% | $175K | 96 days | 3.1 mo |
| 10 | Crossville | -23.6% | $271K | 80 days | 6.0 mo |
| 11 | Humboldt | -20.8% | $145K | 42 days | 1.5 mo |
| 12 | Thompson's Station | -20.6% | $808K | 94 days | 2.7 mo |
| 13 | Hendersonville | -18.0% | $494K | 85 days | 3.6 mo |
| 14 | Hartsville / Trousdale County | -17.3% | $353K | 132 days | 4.5 mo |
| 15 | Elizabethton | -14.8% | $222K | 52 days | 4.0 mo |
| 16 | Lawrenceburg | -14.7% | $228K | 126 days | 5.7 mo |
| 17 | Forest Hills | -14.7% | $2.50M | 45 days | 4.8 mo |
| 18 | Lewisburg | -14.7% | $250K | 97 days | 5.5 mo |
| 19 | Erwin | -13.9% | $235K | 64 days | 3.4 mo |
| 20 | Fairview | -13.9% | $524K | 100 days | 3.0 mo |
| 21 | Farragut | -13.3% | $650K | 76 days | 2.4 mo |
| 22 | Lynchburg, Moore County | -13.2% | $378K | 109 days | 4.3 mo |
| 23 | Dickson | -13.2% | $330K | 91 days | 3.4 mo |
| 24 | La Vergne | -9.9% | $343K | 62 days | 4.3 mo |
| 25 | Oakland | -9.6% | $338K | 90 days | 3.4 mo |
| 26 | Lebanon | -9.4% | $390K | 99 days | 3.2 mo |
| 27 | Murfreesboro | -9.3% | $397K | 106 days | 3.3 mo |
| 28 | Greenbrier | -9.1% | $300K | 113 days | 3.2 mo |
| 29 | Portland | -8.7% | $311K | 56 days | 5.2 mo |
| 30 | Mount Juliet | -8.3% | $550K | 103 days | 3.3 mo |
| 31 | Millington | -8.1% | $285K | 63 days | 2.1 mo |
| 32 | Shelbyville | -7.8% | $295K | 74 days | 4.0 mo |
| 33 | Maryville | -7.5% | $399K | 70 days | 2.9 mo |
| 34 | Ashland City | -7.5% | $370K | 71 days | 5.8 mo |
| 35 | Arlington | -6.3% | $459K | 34 days | 2.3 mo |
| 36 | Lenoir City | -5.3% | $417K | 72 days | 3.5 mo |
| 37 | Smyrna | -4.8% | $395K | 80 days | 2.7 mo |
| 38 | Pleasant View | -4.8% | $400K | 97 days | 3.9 mo |
| 39 | Manchester | -4.5% | $310K | 83 days | 3.8 mo |
| 40 | Seymour | -3.6% | $359K | 58 days | 3.1 mo |
| 41 | Jefferson City | -3.4% | $255K | 65 days | 2.4 mo |
| 42 | Kingsport | -3.3% | $293K | 80 days | 4.4 mo |
| 43 | Collierville | -3.3% | $484K | 71 days | 3.3 mo |
| 44 | Fairfield Glade | -2.3% | $347K | 135 days | 6.3 mo |
| 45 | Pigeon Forge | -0.8% | $585K | 77 days | 4.7 mo |
| 46 | Clarksville | -0.7% | $304K | 84 days | 3.7 mo |
46 cities in Tennessee are experiencing year-over-year price declines. The largest drop is in Gatlinburg at -46.9%.
Price drops can create buying opportunities, but timing the market is difficult. Work with a local agent who understands whether a market is stabilizing or may continue to decline.
Work with a local agent who can help you identify value in changing markets.
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