Is Nashville, TN 37201 a buyer’s or seller’s market?
Nashville is a buyer’s market. With about 17.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Nashville housing market right now
In the three months ending August 31, 2026, 0% of homes in Nashville, TN 37201 sold above their list price, the typical home went under contract in 159 days and there were 17.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 7 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 13%, homes sold more slowly (90 days then) and the median sale price fell 4% to $593,743. Overall, Nashville is less competitive than a year ago, which gives buyers more room.
Within Davidson County, homes here sell more slowly than in 96% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Nashville 37218 (29% sold over asking) and Whites Creek 37189 (22% sold over asking) are even more competitive.
Run the numbers for 37201
Nearby markets
Antioch 37013Buyer’s market $206 /sq ftGoodlettsville 37072Balanced $221 /sq ftHermitage 37076Balanced $218 /sq ftJoelton 37080Buyer’s market $232 /sq ft Browse all markets →Towns like Nashville nearby
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Questions about Nashville real estate
Is Nashville a buyer’s or seller’s market?
A buyer’s market: there were 17.8 months of supply in Nashville, TN 37201 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Nashville?
The typical home went under contract in 159 days in the latest three months.
Do homes in Nashville sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.1% of the list price.
What are property taxes in Nashville?
About 0.60% of a home’s value a year in Davidson County, or roughly $2,400 on a $400,000 home.
What is the median home price in Nashville?
The median sale price was $593,743 in the three months ending August 31, 2026, about $596 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology