Tennessee's housing market showed stable but mixed conditions in Q4 2025, with home prices rising 0.7% quarterly and 3% annually statewide. Some metros like Jackson, Johnson City, and Kingsport-Bristol saw strong quarterly price growth, while Clarksville, Knoxville, and Morristown experienced slight declines. Construction permits strengthened, and annual price gains were positive across all metros, with Morristown leading at 6.4%.