Is Nashville, TN 37205 a buyer’s or seller’s market?

The Nashville housing market right now

In the three months ending August 31, 2026, 12% of homes in Nashville, TN 37205 sold above their list price, the typical home went under contract in 72 days and there were 5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 142 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 10%, homes sold more slowly (58 days then) and the median sale price fell 3% to $1,174,492. Overall, Nashville is about as competitive as it was a year ago.

Within Davidson County, homes here sell more slowly than in 69% of the county’s ZIP codes, and sell less often over asking than in 58%. On our competition score, Nashville ranks #209 of 299 TN ZIP codes with enough sales (score 22 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.