Are Home Prices Rising or Falling in La Vergne, TN?
La Vergne, a city near Nashville, TN, is a housing market with steady, modest price gains. Here's what's driving it and what it means for buyers and sellers.
The National Picture
Home prices across the country rose 2% from last year to a national median of about $399,000. The typical U.S. household earns roughly $88,000 and now puts about 34% of income toward housing, down nearly 2 percentage points from a year ago. Inventory sits at roughly four months of supply, about 20% of listings have been reduced, and the median home sells in 50 days.
Home Prices in the Nashville Area
Across the Nashville metro, the median sale price is about $480,000, essentially flat from a year ago. The typical metro-area household earns around $96,000 and spends about 36% of that on housing, down about 1.5 percentage points from last year. With 5.4 months of supply and homes sitting a median of 64 days, the Nashville market is more balanced than it was a year ago.
An Affordable Market With Stable Price Growth
The median home in La Vergne sells for about $379K, up roughly 2% from last year. That price is well below the Nashville metro median of $480,000, making La Vergne one of the more accessible options for buyers in the area. About 33% of listings have had a price cut, and homes take a median of 62 days to sell. Around 18% of sales closed above asking, and the typical sale landed at about 98% of list price. Nearby Murfreesboro saw prices dip 1%, while Spring Hill fell 4%.
Why Are Prices Rising Modestly in La Vergne?
Demand in La Vergne has been healthy. Pending sales rose about 12%, and new listings jumped 31%, bringing significantly more inventory to the market. Active listings grew 17% as a result, and homes now take 62 days to sell, up 12 days from last year. At 4.6 months of supply, the market is absorbing the new inventory without major price disruptions. The influx of listings and steady buyer interest have kept prices on a gradual upward path.
| Location | Median Price | Price YoY | Price Drops | Months of Supply |
|---|---|---|---|---|
| La Vergne ★ | $378,549 | +2.3% | 33.4% | 4.6 |
| Murfreesboro | $429,716 | -1.2% | 33.2% | 4.0 |
| Spring Hill | $508,284 | -4.1% | 34.6% | 4.1 |
| Columbia | $368,006 | -1.1% | 40.1% | 4.7 |
| Portland | $329,772 | +3.1% | 29.7% | 4.9 |
| Manchester | $329,993 | +11.9% | 23.7% | 4.8 |
Limited to neighborhoods with at least 10 home sales in the period.
All data comes from Redfin and represents a three-month rolling average ending August 2026. This article has been generated, in whole or in part, using generative artificial intelligence (AI) technology, with input from Redfin head of economics research Chen Zhao. While efforts have been made to ensure the accuracy and reliability of this information, you should independently verify all data, facts, and citations contained in this article before relying on it for any purpose. This information is not a substitute for advice from a real estate agent, financial advisor, or other licensed professional. Check the Redfin Data Center for additional in-depth housing market data.
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