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Sarah Mitchell

CNESRESABR

Compass Real Estate · Nashville, TN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Nashville, TN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Nashville, TN Housing Market & Real Estate

Buyer's market-1.4% YoY

Housing market overview · Updated monthly ·

$483,100median sale price

How is the Nashville, TN housing market right now?

The median home sale price in Nashville, TN is $483,100, down 1.4% year-over-year. Homes sell in an average of 59 days with 4,892 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Nashville a buyer's or seller's market?

Buyer's market5.4 months of supply59 avg. days on market

Nashville, TN is currently a buyer's market, based on 5.4 months of supply and homes selling in about 59 days. How we determine this →

Homes sold

913

Last 12 weeks

Days on market

59

Average pace

Active listings

4,892

5.4 months supply

Sale-to-list

98.1%

Below asking

What does the Nashville housing market data show?

Current housing market statistics for Nashville, TN
MetricValue
Median sale price$483,100
Median list price$520,000
Year-over-year price change-1.4%
Average days on market59 days
Active inventory4,892 listings
Months of supply5.4 months
Sale-to-list price ratio98.1%
Median price per sq ft$277/sq ft
Homes sold (latest month)913
New listings (latest month)1,496
Listings with a price cut25.8%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Nashville by property type?

How the Nashville, TN market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Nashville, TN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$530,000$286/sq ft63553 days
Condo / Co-op$379,000$302/sq ft12971 days
Townhouse$339,643$216/sq ft13472 days

Source: Redfin · Updated monthly

The Nashville housing market is currently classified as a buyer's market with a median sale price of $483,100. Prices have fallen 1.4% compared to last year, with homes spending an average of 59 days on market, indicating 5.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Homes for sale in Nashville

There are currently 4,892 homes listed for sale in Nashville, Tennessee. The median listing price is $520K. Featured listings range from $244,900 to $4,200,000.

1 bedroom townhouse for sale at 2116 Hobbs Rd Apt N3 Nashville - $244,900
$244,900

2116 Hobbs Rd Apt N3

Nashville, TN

1 bd1 ba748 sqft$327/ft²
Townhouse871 sqft lot
View photos & details
2 bedroom townhouse for sale at 1532 Lewis Rd Nashville - $260,000
$260,000

1532 Lewis Rd

Nashville, TN

2 bd2 ba1,132 sqft$230/ft²
Townhouse2,178 sqft lot
View photos & details
3 bedroom townhouse for sale at 417 W Stonehaus Xing Nashville - $292,995
$292,995

417 W Stonehaus Xing

Nashville, TN

3 bd3 ba1,714 sqft$171/ft²
Townhouse
View photos & details
2 bedroom house for sale at 417 Cottonwood Dr Nashville - $325,000
$325,000

417 Cottonwood Dr

Nashville, TN

2 bd2 ba1,143 sqft$284/ft²
House31,363 sqft lot
View photos & details
3 bedroom townhouse for sale at 118 Valentine Aly Nashville - $398,000
$398,000

118 Valentine Aly

Nashville, TN

3 bd3 ba1,817 sqft$219/ft²
Townhouse
View photos & details
3 bedroom townhouse for sale at 134 Valentine Aly Nashville - $419,000
$419,000

134 Valentine Aly

Nashville, TN

3 bd3 ba1,817 sqft$231/ft²
Townhouse
View photos & details
3 bedroom townhouse for sale at 1000 Free Silver Rd Nashville - $499,000
$499,000

1000 Free Silver Rd

Nashville, TN

3 bd3 ba2,087 sqft$239/ft²
Townhouse871 sqft lot
View photos & details
3 bedroom house for sale at 409 Barbara Dr Nashville - $719,900
$719,900

409 Barbara Dr

Nashville, TN

3 bd3 ba1,849 sqft$389/ft²
House42,253 sqft lot
View photos & details
3 bedroom condo for sale at 1107 8th Ave S Apt 723 Nashville - $1,129,900
$1,129,900

1107 8th Ave S Apt 723

Nashville, TN

3 bd2 ba1,139 sqft$992/ft²
Condo
View photos & details
4 bedroom condo for sale at 1107 8th Ave S Unit 1111 Nashville - $1,439,900
$1,439,900

1107 8th Ave S Unit 1111

Nashville, TN

4 bd3 ba1,859 sqft$775/ft²
Condo
View photos & details
5 bedroom house for sale at 136A 39th Ave N Nashville - $2,695,500
$2,695,500

136A 39th Ave N

Nashville, TN

5 bd6 ba4,815 sqft$560/ft²
House7,841 sqft lot
View photos & details
5 bedroom house for sale at 663 Hunters Trl Nashville - $4,200,000
$4,200,000

663 Hunters Trl

Nashville, TN

5 bd7 ba6,342 sqft$662/ft²
House5.00 acres
View photos & details

Looking to buy in Nashville?

Get connected with a local real estate expert — free, no obligation.

Active listings

4,892

Homes on market

Median list price

$520K

Avg. days on market

59

Days until sale

New this week

1,496

Newly listed

Price drops:25.8%of listings
Sale-to-list:98.1%

What are homes worth in Nashville?

Zillow home value

$436,603

Zillow rent index

$1,825/mo

Price-to-rent ratio

19.9x

Source: Zillow Research

Which public schools serve Nashville?

50 schools tracked · 36,030 students

The largest public schools serving Nashville, TN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

John Overton High

Grades 9-12 · 1,969 students

Public

McGavock High

Grades 9-12 · 1,907 students

Public

Valor Flagship Academy

Grades 5-12 · 1,403 students

Charter

Hunters Lane High

Grades 9-12 · 1,394 students

Public

Hillsboro High

Grades 9-12 · 1,244 students

Public

Martin Luther King Jr School

Grades 7-12 · 1,219 students

Public

Glencliff High School

Grades 9-12 · 1,077 students

Public

Hume - Fogg High

Grades 9-12 · 893 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Nashville, TN?

Want a head-to-head view? Compare Nashville side-by-side with any other U.S. city using our market-comparison tool.

Is Nashville a good real estate investment market?

For investors evaluating Nashville, the price-to-rent ratio of 19.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 1.4% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Nashville's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Nashville's median home price.

Frequently asked questions

What is the average home price in Nashville?

The median home sale price in Nashville is $483,100, down 1.4% from last year.

How long do homes stay on market in Nashville?

Homes typically spend 59 days on market before going under contract.

Is Nashville a buyer's or seller's market?

With 5.4 months of supply, Nashville is currently a buyer's market.

How many homes are for sale in Nashville?

There are currently 4892 homes listed for sale in Nashville, TN.

What is the Zillow home value estimate for Nashville?

The Zillow Home Value Index (ZHVI) for Nashville is $436,603, representing the typical home value in the area.

What is the median condo price in Nashville?

The median condo/co-op sale price in Nashville, TN is $379,000, compared to $530,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Nashville?

The median single-family home price in Nashville, TN is $530,000 (about $286 per square foot).

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