What Is the Average Cost Per Square Foot in Middle Tennessee?

One of the most common questions buyers ask is, “What’s the average cost per square foot in Middle Tennessee?” While the answer varies by location, home condition, lot size, and amenities, understanding this metric can help buyers and sellers better evaluate the market.

As of 2026, Tennessee’s average listing price per square foot sits around $222 per square foot statewide. In Middle Tennessee, many of the most desirable communities fall within a range of approximately $210 to $340 per square foot depending on the area. 

For example:

• Murfreesboro averages around $214–$221 per square foot. 

• Lebanon averages approximately $206–$225 per square foot. 

• Nashville typically ranges from $276–$342 per square foot depending on neighborhood and property type. 

• Franklin often exceeds $330 per square foot due to strong demand and luxury inventory. 

It’s important to remember that cost per square foot should never be the only factor used to determine value. A custom-built home on acreage, a property with premium upgrades, or a home in a highly sought-after school district may command a significantly higher price per square foot than nearby properties.

Middle Tennessee continues to attract buyers from across the country thanks to its strong job market, quality of life, outdoor recreation, and lack of a state income tax. While inventory has improved in recent years, demand remains strong throughout many areas of Rutherford, Williamson, Wilson, and Davidson counties. 

Whether you’re buying your first home, building a custom home, or preparing to sell, understanding local price-per-square-foot trends can help you make more informed real estate decisions.

If you’re curious about the value of your home or want to know what homes are selling for in your specific neighborhood, Matt Sargent Homes is here to help with expert local guidance throughout Middle Tennessee.

Matt Sargent Homes
Your Middle Tennessee Real Estate Expert
615-497-1658