Brentwood Housing Market: Prices Climb as Inventory Eases in Early 2026
Brentwood, TN – March 11, 2026 – Home prices remain elevated while inventory levels rise, giving buyers more leverage in Brentwood’s early 2026 market.
Brentwood’s housing market is showing a shift toward balance as 2026 begins, with higher prices but more negotiating room for buyers.
Top takeaways
- Median sale price around $1.3M–$1.39M in January 2026, up year over year.
- Inventory has expanded to roughly six months of supply.
- About 79% of homes recently sold below asking price.
- 30-year mortgage rates averaging about 6.00% in early March.
Market snapshot
In January 2026, the median sale price in Brentwood reached about $1,312,500, up nearly 20% from a year earlier, according to Redfin. Homes averaged 121 days on market, notably longer than last year, while 37 homes closed during the month.
Local MLS commentary shows single-family inventory at just over six months of supply, compared with closer to five months a year ago. The median single-family sale price was reported near $1,387,500 in January, with roughly 79% of homes selling below list price and an average sale-to-list ratio near 96%. Condo and townhome segments have seen softer pricing and longer marketing times.
Financing conditions
Mortgage rates remain a key factor. For the week ending March 6, 2026, the average 30-year fixed rate in the Nashville area was 6.00%, with 15-year loans near 5.43%. Rates hovering near 6% are higher than pandemic-era lows but have been relatively stable compared with earlier volatility.
What’s active now
Luxury inventory continues to shape the upper end of the market. Recent listings in the $2M to $5M range show dozens of active properties, with average list prices above $3M. High-end communities with resort-style amenities remain a draw, though buyers appear more selective and price-sensitive than in recent years.
Overall, Brentwood is functioning as a more balanced market: well-priced homes move, but extended days on market and below-ask sales suggest buyers have regained leverage.
Sources
Are you seeing more price reductions or stronger negotiation in your neighborhood this spring?