Hendersonville, TN 37075 Real Estate Market Report

ZIP Code: 37075
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the real estate market in Hendersonville, TN is characterized by a median sold price of $499,450, reflecting a stable market environment. The neighborhood has experienced a price trend that is up, indicating modest appreciation. This upward movement in sold prices suggests a resilient demand despite the current market conditions.

The market is currently exhibiting 175 days on market, which points to a slower sales velocity and may indicate a degree of pricing friction. With elevated inventory levels relative to sales activity, the market appears to be transitioning towards a more balanced state, although it still leans slightly towards sellers. The median listing price stands at $558,000, creating a notable gap that may suggest seller expectations are not fully aligned with current buyer sentiment.

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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.

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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.

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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.

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Property Taxes

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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.

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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.

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Key Findings

1. The median sold price of $499,450 indicates a stable market with modest appreciation.

2. The median listing price of $558,000 suggests a significant gap between seller expectations and buyer willingness, potentially leading to pricing friction.

3. With 175 days on market, the market is experiencing slower sales velocity, which may indicate weak liquidity in certain segments.

4. The median market rent of $2,300 reflects strong rental demand, contributing to upward pressure on rents in the area.

5. Overall, the market temperature is neutral, suggesting a balanced environment with moderate transaction volume.

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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.