Market Intelligence Report — TN-940

Athens, TN

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

Ref. No: 2026-TN-07
As of the latest 2026 data
Cooling

Median Listing

$349K
-1.0% YoY

Pending Ratio

0.33
-8.6% YoY

Active Inventory

315
+24.1% YoY

Median DOM

61 Days
-7.6% YoY

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The Athens, TN market is currently cooling, characterized by a pending ratio of 0.33, indicating that approximately one-third of active listings are currently under contract. Active listings have expanded significantly, increasing by 24.1% year-over-year, which reflects a growing supply of available homes.

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.

Supply expansion is a dominant trend, with active listings up 24.1% and new listings up 27.5% over the past year. This growth in inventory is juxtaposed against a year-over-year decline in the pending ratio by 8.6%, signaling a deceleration in demand absorption. The median listing price has shown a modest year-over-year decrease of 1.0%, alongside a 5.3% year-over-year increase in median price per square foot, suggesting some price compression or shifts in market composition. The median days on market saw a slight reduction of 7.6% year-over-year, yet a notable 27.8% of listings have undergone price reductions.

Historical Analysis

Market Trends

Median Price

$349K+3.5% MoM

Active Inventory

315+24.1% YoY

Days on Market

61-7.6% YoY

Sold Score™

31-8.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

31
Aug 23Jul 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Aug 23Jul 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Aug 23Mar 24Oct 24May 25Dec 25Jul 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

Current market dynamics suggest that properties are taking longer to move from active to pending status, with a pending ratio of 0.33. The significant increase in active listings over the past year implies reduced urgency for prospective purchasers and greater selection. This environment necessitates price discipline from sellers, as evidenced by a substantial portion of listings having price reductions.

Luxury Segment

The average listing price has increased by 5.7% over the past year, while the median listing price has declined by 1.0%. This divergence indicates potential variability in pricing trends, possibly driven by higher-priced properties disproportionately influencing the average or exhibiting varied market performance. No distinct luxury-segment signal in this dataset.

Supply Dynamics

315 active listings represent the current floor, with new supply arriving at roughly 102 per month.

Pricing Pressure
27.8%

of active listings carry a price reduction, +5.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +5.3% year-over-year.

Absorption
0.33

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Athens, TN? Homes here are taking 5 days less 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
33%
Median Days on Market
61 days
Inventory YoY
+24%

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 0.33 with median days on market at 61.

  • Are home prices dropping in Athens?+

    Median listing price is $349K, -1.0% year over year. 27.8% of active listings carry a price reduction.

  • How fast are homes selling in Athens?+

    The typical listing sits 61 days on market, a -7.6% change YoY. New listings are arriving at 102 per month.

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

    The average listing price has increased by 5.7% over the past year, while the median listing price has declined by 1.0%. This divergence indicates potential variability in pricing trends, possibly driven by higher-priced properties disproportionately influencing the average or exhibiting varied market performance. No distinct luxury-segment signal in this dataset.

  • 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