Nashville, TN Home Values & Market Trends

Real estate market trends reflect that there have been 8,393 transactions over the past year in Nashville. The median value for residential home transactions that occurred over the previous year is $471,469.11. The number of current listings in Nashville is 639, and the percentage of properties for sale in the city is 639.00%. Nashville, TN currently has 29 properties in foreclosure, 4 bank owned properties, 25 properties headed for auction, and 639 properties for sale.

Nashville, TN Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
37207

$ 455,446

$ 266/sqft

37212

$ 907,211

$ 426/sqft

37211

$ 430,584

$ 261/sqft

37203

$ 1,350,000

$ 538/sqft

37221

$ 522,771

$ 233/sqft

37220

$ 1,089,646

$ 379/sqft

37214

$ 358,800

$ 232/sqft

37201

$ 529,155

$ 747/sqft

37216

$ 560,434

$ 332/sqft

37219

$ 454,195

$ 856/sqft

37209

$ 625,000

$ 343/sqft

37232

$ --

$ --

37206

$ 693,981

$ 367/sqft

37246

$ --

$ --

37208

$ 547,250

$ 315/sqft

37243

$ --

$ --

37215

$ 1,258,832

$ 390/sqft

37240

$ --

$ --

37205

$ 1,262,277

$ 415/sqft

37228

$ --

$ --

37217

$ 344,064

$ 195/sqft

37234

$ --

$ --

37218

$ 419,305

$ 227/sqft

37238

$ --

$ --

37204

$ 1,118,518

$ 404/sqft

37213

$ --

$ --

37210

$ 352,000

$ 305/sqft

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Housing Market Summary for Nashville, TN

Mar 2023February 2024Change
Median Listing Price$425K$485.3K14.20%
Median Sold Price$475K$485.3K2.18%
Homes For Sale682638-6.45%
Homes Sold5,0074,642-7.29%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Nashville, TN

Nashville home values range from $26,271 to $57,160,574. The median estimated value of a home in Nashville is $471,469.11. The median list price of a home is 425,000, and the total count of properties in the city is 153,568.

Foreclosure
There are 27 zips within Nashville, TN; within these zips, the median estimated home value for homes in foreclosure ranges from $1,700,000 in 37207 to the lowest value of $260,181 in 37207. Foreclosure homes account for 0.00% of properties in Nashville, TN with 37207 containing 5 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Nashville, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 27 zips within Nashville, TN; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Nashville, TN ranges from the highest value of $1,504,584 in 37212 to the lowest value of $494,500 in 37205. Bank owned homes and properties account for 0.00% of properties in Nashville, TN. There are 27 zips within Nashville, TN; 37212 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    37207 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Nashville, TN. Auction homes and other auction properties account for 0.02% of all properties in Nashville, TN. There are 27 zips within Nashville, TN; of those zips, the median estimated home value for homes going to auction ranges from $533,782 in 37204 to the lowest value of $260,181 in 37204.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.42% of residential properties in Nashville, TN with 37207 containing 82 homes for sale, the highest number of listed properties in a single zip. There are 27 zips within Nashville, TN; homes for sale in those zips, have a range of median values from $6,076,799 in 37220 to the lowest value of $97,160 in 37207.
    Sold Homes
    The median value for recently sold homes ranges from $5,226,100 in 37220 to the lowest price of $43,262 in 37220. There are 27 zips within Nashville, TN. 37211 has 546 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.98% of properties in Nashville, TN.

      Compare Nearby Cities

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      Guide for Nashville, TN

      Tennessee
      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Home Buying Guides & Tips
      Tennessee Foreclosure Laws
      A Luxury Mansion
      Investing Strategies
      Winning A Luxury Real Estate Auctions: Key Tips
      Buy to Rent
      Real Estate Trends in the Durham, NC – Feb 2024
      See More Articles
      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Tennessee|posted 23 January 2024

      Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices

      Tennessee Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Tennessee Foreclosure Laws

      A Luxury Mansion
      Winning A Luxury Real Estate Auctions: Key Tips
      Investing Strategies|posted 1 March 2024

      A few quick tips to prepare you for selling a luxury home at auction

      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent|posted 29 February 2024

      The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.

      Recently Listed Homes Nashville, TN

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