Brentwood, TN Real Estate Listings & Homes for Sale

In October 2024, Brentwood experienced a significant 12.9% increase in home prices compared to the previous year, with the median sale price reaching $1.1M. Homes in Brentwood now take an average of 101 days to sell, a notable increase from 77 days in October 2023, suggesting a slight slowdown in market momentum despite rising prices. Additionally, the number of homes sold in October climbed to 58, up from 52 the previous year. This combination of higher prices and extended selling times could indicate strong demand for Brentwood properties, even as buyers navigate a more deliberate purchasing process in this competitive market.

The Brentwood housing market is relatively low in competition, with homes typically taking about 76 days to sell. Multiple offers are uncommon, and most properties sell for approximately 3% below the list price before going under contract. However, highly desirable "hot" homes tend to stand out, often selling closer to the list price and going pending in approximately 44 days. This suggests that while the market overall leans towards slower activity, well-priced or uniquely appealing homes can still attract quicker buyer interest.

Brentwood, TN, was a seller's market in October 2024, meaning the demand for homes outpaced the available supply. Despite this, the market remains relatively calm, with homes typically selling in about 76 days and multiple offers being uncommon. On average, homes sell for approximately 3% below the list price before going under contract. However, "hot" properties in high demand can sell closer to the list price and go pending within around 44 days. This dynamic suggests that while the market favors sellers overall, buyers still have opportunities to negotiate, especially for less competitive listings.