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Featured local agent — Nashville-Davidson, TN
Sarah Mitchell
Compass Real Estate · Nashville-Davidson, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Nashville-Davidson, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$647,500median sale price
How is the Nashville-Davidson, TN housing market right now?
The median home sale price in Nashville-Davidson, TN is $647,500, down 5.5% year-over-year. Homes sell in an average of 54 days with 96 active listings. The market is currently a leaning buyer's. (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-Davidson a buyer's or seller's market?
Nashville-Davidson, TN is currently a leaning buyer's, based on 4.0 months of supply and homes selling in about 54 days. How we determine this →
Homes sold
24
Last 12 weeks
Days on market
54
Average pace
Active listings
96
4.0 months supply
Sale-to-list
98.2%
Below asking
What does the Nashville-Davidson housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $647,500 |
| Median list price | $547,500 |
| Year-over-year price change | -5.5% |
| Average days on market | 54 days |
| Active inventory | 96 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 98.2% |
| Median price per sq ft | $310/sq ft |
| Homes sold (latest month) | 24 |
| New listings (latest month) | 26 |
| Listings with a price cut | 24.0% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Nashville-Davidson by property type?
How the Nashville-Davidson, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $734,950 | $329/sq ft | 14 | 43 days |
| Condo / Co-op | $375,000 | $294/sq ft | 7 | 80 days |
| Townhouse | $280,000 | $160/sq ft | 3 | 211 days |
Source: Redfin · Updated monthly
The Nashville-Davidson housing market is currently classified as a leaning buyer's with a median sale price of $647,500. Prices have fallen 5.5% compared to last year, with homes spending an average of 54 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Nashville-Davidson
There are currently 96 homes listed for sale in Nashville-Davidson, Tennessee. The median listing price is $548K.
Active listings
96
Homes on market
Median list price
$548K
Avg. days on market
54
Days until sale
New this week
26
Newly listed
Which cities are near Nashville-Davidson, TN?
Want a head-to-head view? Compare Nashville-Davidson side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Nashville-Davidson?
The median home sale price in Nashville-Davidson is $647,500, down 5.5% from last year.
How long do homes stay on market in Nashville-Davidson?
Homes typically spend 54 days on market before going under contract.
Is Nashville-Davidson a buyer's or seller's market?
With 4.0 months of supply, Nashville-Davidson is currently a leaning buyer's.
What is the median condo price in Nashville-Davidson?
The median condo/co-op sale price in Nashville-Davidson, TN is $375,000, compared to $734,950 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Nashville-Davidson?
The median single-family home price in Nashville-Davidson, TN is $734,950 (about $329 per square foot).
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