#buyer-demand

#buyer-demand

Nashville continues to draw new residents with its mix of music, culture, and growing neighborhoods. In July 2025, the median home sold for $480,000, and properties stayed on the market for about 62 days. Buyers are showing strong interest in homes with features like spacious patios, upgraded kitchens, and guest bedrooms - elements that often help listings sell close to or above asking.

From lakefront condos overlooking Navy Pier to brick walk-ups in Lincoln Park, Chicago offers a dynamic mix of housing options for every type of buyer. In July 2025, the Windy City's median sale price landed at $385,000 (a 5.5% year-over-year increase), with around 2,500 homes sold that month. Roughly 41.2% of homes sold above list price, highlighting just how much buyers want homes in the city.

"Home prices are starting to dip because high mortgage rates have pushed many buyers out of the market, weakening demand," Redfin chief economist Daryl Fairweather told Business Insider.

According to Hannah Jones, senior economic research analyst at Realtor.com, "Affordable Midwest markets and well-located Northeast markets continue to see strong buyer demand relative to the rest of the country."