Is Nashville, TN 37203 a buyer’s or seller’s market?

The Nashville housing market right now

In the three months ending August 31, 2026, 5% of homes in Nashville, TN 37203 sold above their list price, the typical home went under contract in 87 days and there were 12.9 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 91 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 2%, homes sold faster (104 days then) and the median sale price rose 16% to $685,653. Overall, Nashville is more competitive than a year ago, so tougher for buyers.

Within Davidson County, homes here sell more slowly than in 85% of the county’s ZIP codes, and sell less often over asking than in 88%. On our competition score, Nashville ranks #291 of 299 TN ZIP codes with enough sales (score 9 out of 100).

Nearby, buyers who want less competition could look at Nashville 37228 (0% sold over asking) or Nashville 37219 (0% sold over asking), while Nashville 37218 (29% sold over asking) and Whites Creek 37189 (22% sold over asking) are even more competitive.