Nashville - TN housing market

The typical home value ($455,444) is the Zillow Home Value Index for the Nashville - TN metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are down 0.8% over the past year. A home worth $459,117 last year is now worth roughly $455,444.

The median sale price, what homes actually close for, is $455,064. Homes are selling at 98.0% of list price, meaning buyers have room to negotiate.

Homes listed in Nashville - TN sit on the market for roughly 29 days before going pending. Shorter = seller's market; longer = buyer's market.

About 33.1% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 3,156 new listings hit the market each month in Nashville - TN. There are currently 11,693 homes for sale, up 9.2% from a year ago.

The typical monthly rent in Nashville - TN is $1,820, up 0.6% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 20.9x, renting territory (#44 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.71% 30-year rate, runs about $2,354 a month in principal and interest, $534 more than renting before taxes, insurance and upkeep. The two break even at a 4.38% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →