Hendersonville, TN 37075 Real Estate Market Report

ZIP Code: 37075
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

---

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

---

Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

---

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

---

Property Taxes

---

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

---

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

---

Key Findings

1. The neighborhood's primary market value indicator, the median sold price, is 494,400, which represents the most reliable snapshot of recent transaction activity and should be the focal point for pricing decisions.

2. There is a notable gap between the median listing price of 569,900 and the median sold price, which suggests pricing friction and that seller expectations may be elevated relative to recent closed transactions.

3. Sales velocity appears slower given the median days on market of 182, which may indicate longer marketing periods are typical and suggests sellers should plan for extended time to contract rather than assuming rapid turnover.

4. Local market conditions are broadly balanced: prices and rents are trending up (price and rent growth), market temperature is neutral (balanced demand-supply), but interest rate pressure is elevated, which may temper buyer purchasing power and increase sensitivity to price and terms.

---

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Hendersonville, TN 37075 Real Estate Market Report

ZIP Code: 37075
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

---

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

---

Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

---

Rental Market

---

Property Taxes

---

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

---

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

---

Key Findings

1. The neighborhood's median sold price 275,000 is the primary indicator of current market value and aligns with a broader price trajectory characterized by a year-over-year price trend up.

2. Relative to the median listing price 248,500, the higher median sold price suggests pricing friction where sellers are realizing sales above many asking levels, a dynamic that appears to support balanced-to-slightly warm transaction outcomes given a neutral market temperature.

3. Liquidity appears muted by a lengthy sales cadence: the median days on market 366 signals slower sales velocity, and combined with a relatively constrained active supply in the analyzed sample, this may indicate focused competition for well-maintained, move-in-ready homes slower sales velocity.

4. Market fundamentals show supporting demand drivers: the median price per square foot 222 together with the median market rent 1,600 and a rent trend up suggest rental and price levels that can sustain buyer interest from both owner-occupiers and investors.

5. A notable headwind is interest rate pressure elevated, which could reduce buyer affordability and curb aggressive price moves despite neutral market temperature; sellers should emphasize targeted marketing and realistic pricing, and buyers should account for financing sensitivity in their offers elevated.

---

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.