Published October 4, 2026 in Market Update

More listings are giving Hendersonville buyers a little more room

By Frances Marcou

Real estate, Primary market

436 homes for sale. That is the number that changes what sellers need to do right now.

The Real Estate Data Aggregator counted 436 homes for sale in ZIP 37075 for the three months ending July 31, 2026. That is up 13% from the same period a year before. More homes for sale means buyers have more choices. It also means your home has more company.

The National Association of Realtors put national supply at 4.9 months, the highest level in over ten years. The Real Estate Data Aggregator puts Hendersonville's ZIP 37075 at 4.3 months. That is below the national figure, but it is up 0.6 months from a year ago. The market is not flooded, but it has loosened.

Prices held, but the pace of sales slowed

The Real Estate Data Aggregator put the median sale price in ZIP 37075 at $535,000 for the three months ending July 31, 2026. That is down 0.9% from the same period in 2025. Prices dipped a little, but they did not fall sharply. Homes sold in that same period totaled 308, down 3.1% from a year before.

Pending sales fell 16.3% year over year, per the Real Estate Data Aggregator. That drop is worth watching. It points to fewer closings ahead, not a collapse, but a slower pace.

Homes are taking longer, and fewer are winning bidding wars

The Real Estate Data Aggregator recorded a median of 63 days on market in ZIP 37075 for the three months ending July 31, 2026. That is 2 days longer than the same period a year before. Not every home sold fast. The share that went under contract within two weeks of listing was 28.2%, down 6.6 points from a year ago.

Only 11.7% of homes sold above list price, down 5.9 points from a year ago, per the Real Estate Data Aggregator. Bidding wars are not gone, but they are much less common. The average sale-to-list ratio still came in at 98.6%, up 0.1 points. Most sellers got close to their asking price, just not over it.

Rates are making buyers careful

Freddie Mac put the 30-year fixed rate at 7.28% as of October 1, 2026. The 15-year fixed came in at 6.60%. Realtor.com reported that rates crossed 7% in late September for the first time since January 2025. Higher rates are part of why pending sales have slowed.

CNBC reported that the average contract rate for 30-year conforming loans reached 7.30% last week. That is real money added to a monthly payment. Buyers are doing the math carefully before they commit.

What this means if you are selling in Hendersonville

More inventory, slower sales, and rates above 7%. That combination means pricing and preparation matter more than they did a year ago. The Federal Housing Finance Agency reported that U.S. house prices rose 2.1% year over year between the second quarter of 2025 and the second quarter of 2026. Prices are not falling nationally or locally in a dramatic way, but the cushion is thinner.

One street can read very differently from the whole ZIP code. The numbers above cover all of 37075. Your block, your style of home, your price range, each of those tells its own story within that bigger picture.

Fran Marcou has been watching Hendersonville, Gallatin and Middle Tennessee for years. "My job is to give you clarity so you can move with confidence."