If you’re considering selling your home, you may have questions like, "What is my home worth?" or "Does it make sense to move in today’s market?" Perhaps you’re concerned about finding a new home that suits your needs. Let’s address these concerns directly.

Is Moving a Good Idea Right Now?
If you own a home, you might hesitate to sell because of potential higher mortgage rates on your next property. But consider this: your home equity might make your move more affordable than you think. Home values have appreciated rapidly in recent years, boosting your equity. According to CoreLogic, existing homeowners now average around $315,000 in equity—up by almost $129,000 since the pandemic. This equity can allow you to put down a larger amount on your next home, possibly even purchasing it in cash and sidestepping today’s mortgage rates.

Will I Find a Home I Like?
Concerns about inventory may be lingering from the past few years when homes for sale were scarce. But the market has shifted, and inventory has increased by nearly 30% year-over-year, giving you more options. While levels haven’t fully returned to pre-pandemic numbers, this rise means more choice and a balanced opportunity to make your home stand out to buyers.

Keep in mind that housing trends can vary by region, so consulting with local Tennessee real estate agents—especially Cookeville TN realtors from The Real Estate Collective—can give you the insights you need to navigate the Upper Cumberland market confidently.

Bottom Line
Don’t let concerns hold you back from selling your home. Tools like a free home value estimator or a sell-my-house calculator can help you gauge your home’s worth. To get expert, localized advice, connect with a trusted real estate agent who can guide you through today’s Tennessee real estate market and help you make informed decisions.