Nashville-Davidson, TN Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Nashville-Davidson, TN is $500,000, down 13.8% year-over-year. Homes sell in an average of 123 days with 87 active listings. The market is currently a buyer's market.
$500,000median sale price
Is Nashville-Davidson a buyer's or seller's market?
Nashville-Davidson, TN is currently a buyer's market, based on 5.4 months of supply and homes selling in about 123 days. How we determine this →
Homes sold
16
Last 12 weeks
Days on market
123
Average pace
Active listings
87
5.4 months supply
Sale-to-list
95.4%
Below asking
Nashville-Davidson, TN market data
| Metric | Value |
|---|---|
| Median sale price | $500,000 |
| Median list price | $609,350 |
| Year-over-year price change | -13.8% |
| Average days on market | 123 days |
| Active inventory | 87 listings |
| Months of supply | 5.4 months |
| Sale-to-list price ratio | 95.4% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Nashville-Davidson housing market is currently classified as a buyer's market with a median sale price of $500,000. Prices have fallen 13.8% compared to last year, with homes spending an average of 123 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.
Market trends
Homes for sale in Nashville-Davidson
There are currently 87 homes listed for sale in Nashville-Davidson, Tennessee. The median listing price is $609K.
Active listings
87
Homes on market
Median list price
$609K
Avg. days on market
123
Days until sale
New this week
22
Newly listed
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Frequently asked questions
What is the average home price in Nashville-Davidson?
The median home sale price in Nashville-Davidson is $500,000, down 13.8% from last year.
How long do homes stay on market in Nashville-Davidson?
Homes typically spend 123 days on market before going under contract.
Is Nashville-Davidson a buyer's or seller's market?
With 5.4 months of supply, Nashville-Davidson is currently a buyer's market.
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