Market Intelligence Report — TN-940

Athens, TN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-TN-08
As of the latest 2026 data
Cooling

Median Listing

$363K
+3.9% YoY

Pending Ratio

0.34
-12.0% YoY

Active Inventory

330
+28.4% YoY

Median DOM

68 Days
+17.2% YoY

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The Athens, TN housing market is currently exhibiting cooling characteristics, with a pending ratio of 0.34 indicating that demand absorption is moderate relative to available inventory. This dynamic is occurring amidst a notable expansion of active listings, which have increased by 28.4% over the past year.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Athens market right now.

Active listings have expanded by 28.4% over the past year, reaching 330 units, while new listings have contracted by 10.3%. The median listing price has increased by 3.9% year-over-year to $363,000. However, the pending ratio has declined by 12.0% compared to the prior year, suggesting a deceleration in demand relative to supply. Median days on market have extended by 17.2% over the same period, indicating a slower pace of transactions.

Historical Analysis

Market Trends

Median Price

$363K+4.0% MoM

Active Inventory

330+28.4% YoY

Days on Market

68+17.2% YoY

Sold Score™

35-12.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

35
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market environment, characterized by a pending ratio of 0.34 and a significant increase in active listings, suggests that inventory pressure is easing. This shift in supply-demand dynamics is likely to foster greater price discipline, as the pace of sales moderates. Negotiating leverage is trending toward buyers as the duration homes spend on the market increases.

Luxury Segment

While the overall median listing price has increased by 3.9% year-over-year, the average listing price has risen more sharply by 7.8% over the past year, alongside a 4.0% increase in median $/sqft. This divergence indicates potential price strength at higher price points, although the specific drivers within the luxury segment require further analysis.

Supply Dynamics

330 active listings represent the current floor, with new supply arriving at roughly 104 per month.

Pricing Pressure
23.9%

of active listings carry a price reduction, +0.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +4.0% year-over-year.

Absorption
0.34

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Athens, TN? Homes here are taking 10 days longer to sell than last year.

Buyers have leverage in Athens, TN. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
34%
Median Days on Market
68 days
Inventory YoY
+28%

In a buyer's market, strategy beats timing. See how your home scores in Athens, TN and what moves the number.

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Metro Demographics

Metro Area
Athens, TN
CBSA Code
11940
State
TN
Analysis FAQ
  • What is the current market condition in Athens?+

    As of the latest 2026 data, the Athens metro is classified as Cooling. Pending ratio is 0.34 with median days on market at 68.

  • Are home prices dropping in Athens?+

    Median listing price is $363K, +3.9% year over year. 23.9% of active listings carry a price reduction.

  • How fast are homes selling in Athens?+

    The typical listing sits 68 days on market, a +17.2% change YoY. New listings are arriving at 104 per month.

  • What's happening in the Athens luxury market?+

    While the overall median listing price has increased by 3.9% year-over-year, the average listing price has risen more sharply by 7.8% over the past year, alongside a 4.0% increase in median $/sqft. This divergence indicates potential price strength at higher price points, although the specific drivers within the luxury segment require further analysis.

  • Where can I find a trusted Athens real estate expert?+

    Primpted maintains a vetted registry of Athens agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 11940 · 36mo history