The story of this market
The typical home in Nashville, Tennessee sells for about $479,689, or $276 per square foot.
Prices are roughly flat from a year ago (+1%), a market in balance. Homes take about 61 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,950 a month.
Monthly price momentum
Home values since 2015
-0.4%
TN · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Nashville, Tennessee
Nashville's residential housing market has transitioned from the frenetic seller dominance of recent years into one of the country's most pronounced buyer-leaning environments. Active for-sale inventory has risen substantially while median sales prices hold relatively flat near $480,000. Price cuts now impact more than a third of active listings as elevated mortgage rates, apartment supply expansions, and buyer price sensitivity temper market velocity.
No ARED county foreclosure postings attributed to Nashville yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 22 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 4.9% year over year.
Homes spend a median of 149 days on market with 0.2 months of supply — a balanced-paced market.
1% of listings have cut prices · homes sell at 51.57% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.9% · poverty 13.5% — a stable, low-distress profile.
- Nashville Shores Waterpark4.39.9 mi
- Aquarium Restaurant4.45.7 mi
- Dave & Buster's Nashville4.25.7 mi
- K1 Speed Nashville4.51.1 mi
- Sky Zone Trampoline Park4.313.2 mi
- Grand Ole Opry4.85.9 mi
- Bridgestone Arena4.70.3 mi
- Nissan Stadium4.50.6 mi
- Ryman Auditorium4.80.2 mi
- Music City Center4.70.4 mi
- Grand Ole Opry4.85.9 mi
- Country Music Hall of Fame and Museum4.60.4 mi
- Nashville Zoo at Grassmere4.55.5 mi
- The Parthenon4.62 mi
- Ryman Auditorium4.80.2 mi
- Grand Ole Opry4.85.9 mi
- Country Music Hall of Fame and Museum4.60.4 mi
- The Parthenon4.62 mi
- Ryman Auditorium4.80.2 mi
- The Factory at Franklin4.616.5 mi
- Centennial Park4.72 mi
- Cheekwood4.77.4 mi
- Radnor Lake State Park4.77.1 mi
- Bicentennial Capitol Mall State Park4.70.7 mi
- Warner Parks4.810.4 mi
- Hamilton Creek Sailboat Marina4.69.5 mi
- Elm Hill Recreation Area4.59.1 mi
- Sun Life Marinas - Elm Hill Marina4.39.1 mi
- Topgolf Nashville4.41.1 mi
- Hermitage Golf Course4.49.4 mi
- McCabe Golf Course4.23.7 mi
- Gaylord Springs Golf Links4.26.9 mi
- Two Rivers Golf Course4.45.8 mi
- Opry Mills4.55.7 mi
- The Mall at Green Hills4.44.3 mi
- Tanger Outlets Nashville4.511.8 mi
- CoolSprings Galleria4.414.3 mi
- Nashville Farmers' Market4.50.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A 132-acre urban park featuring walking trails, Lake Watauga, and a full-scale replica of the Athenian Parthenon serving as an art museum.
Spanning over 3,100 acres in southwestern Davidson County, providing extensive equestrian and hiking trails, golf courses, and greenway connectivity.
World-famous honky-tonk entertainment district driving significant tourist traffic, commercial hospitality revenue, and downtown residential demand.
Historic 2,362-seat performance hall recognized as the Mother Church of Country Music, serving as an enduring cultural anchor in downtown Nashville.
Nashville fits corporate transferees, young professionals, and healthcare or tech specialists drawn to zero-income-tax dynamics and vibrant urban lifestyle amenities. High-net-worth families prioritize southern and western enclaves with strong magnet or private school access, while residential investors must navigate elevated supply and selective rent growth.
Public education is administered by Metro Nashville Public Schools (MNPS), which exhibits significant performance variation between magnet, academic-pathway schools (such as Hume-Fogg and Martin Luther King Jr. Magnet) and neighborhood-zoned campuses. Highly rated options drive localized real estate premiums in southwestern and suburban pockets of Davidson County.
The metropolitan area relies heavily on radial interstate arteries including I-65, I-40, and I-24 converging at downtown loops, generating substantial peak-hour congestion. Public transit is served primarily by WeGo Public Transit bus routes and the WeGo Star commuter rail corridor connecting Lebanon to downtown Nashville.
Nashville offers an extensive municipal park network centered on Percy Warner Park, Edwin Warner Park, Centennial Park, and greenway trails connecting along the Cumberland River. Cultural attractions span Lower Broadway's entertainment district, the Grand Ole Opry, Ryman Auditorium, the Country Music Hall of Fame, and major recreational water access at Percy Priest and Old Hickory lakes.
Nashville's rental market has experienced downward pricing pressure following a substantial wave of multi-family completions, stabilizing median apartment rents near $1,800 to $2,000 monthly. Renter demand remains deep due to young-professional in-migration, but elevated concession rates and strict non-owner-occupied short-term rental (NOO-STR) zoning regulations limit speculative multi-family yields.
Nashville's diversified economy is anchored by healthcare management (HCA Healthcare, Community Health Systems), music/entertainment publishing, higher education (Vanderbilt), and corporate regional centers. The MSA demonstrates resilience with sub-3% regional unemployment and ongoing capital expenditure in logistics and technology outposts.
Economic expansion remains anchored by healthcare administration, music and entertainment, technology outposts, and corporate services, highlighted by Amazon's Nashville Operations Center of Excellence and Oracle's planned riverfront campus. Major regional transit planning and Nashville International Airport expansions underscore long-term capital formation across Davidson County.
Municipal development focuses intensely on the Cumberland River East Bank revitalization, urban infill along primary transit pikes, and multi-modal transit initiatives proposed in regional infrastructure referendums.
Parcels inside Davidson County fall under the Metropolitan Government's dual-tax framework of the General Services District (covering all of Davidson County) and the Urban Services District (providing expanded fire, refuse, and streetlighting services). Specialized municipal redevelopment districts and Central Business Improvement Districts (CBID) levy targeted assessments downtown.
Reported crime rates in Nashville reflect elevated property and violent crime rates in concentrated urban corridors compared to suburban Davidson and Williamson counties. Metro Nashville Police Department reporting indicates gradual moderation in index crimes from post-pandemic highs, though core entertainment and commercial nodes maintain elevated enforcement density.
Nashville carries moderate-to-severe wind and tornado exposure characteristic of Middle Tennessee, alongside localized riverine and flash-flood risk adjacent to the Cumberland River and Mill Creek basin. Wildfire risk is minimal, but convective storm severity has driven upward pressure on residential property insurance replacement costs.
Property insurance rates across Davidson County have encountered upward adjustments due to convective windstorm, severe hail, and localized flood exposure. Underwriters have tightened deductible requirements for roofs and exterior cladding.
Davidson County operates a consolidated city-county government with a unified property tax structure split into the General Services District (GSD) and Urban Services District (USD). Parcels are assessed at 25% of appraised fair market value for residential property, and Tennessee levies no state personal earned income tax, creating a structurally lower aggregate tax burden.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from U.S. Census Bureau Place-level profile for Nashville-Davidson metropolitan government (balance), TN.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.