2025 Housing Market Forecast Report
Following several years of downturn, a slow recovery in 2024 and a protracted inventory crunch, East Tennessee’s housing market is expected to improve in 2025 with decelerating home price growth and the potential for healthy increase in annual home sales.
- Home prices are forecasted to grow modestly in 2025, at an annual increase of 2.9%.
- Total home sales in 2025 are forecasted to increase 8.7% from the previous year.
- Apartment rent growth in 2025 is forecasted to stay steady around 3.5%.
Published annually by East Tennessee REALTORS®, the Forecast Report offers a high-level analysis of the latest housing and economic data to and forecasts trends for the region’s housing market to help REALTORS®, industry stakeholders, and policymakers better understand what to expect in the year ahead.