Is Nashville, TN 37207 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Nashville is a buyer’s market. With about 7.9 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score15/ 100

More competitive than 8% of U.S. ZIP codes, and #264 of 299 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply7.9Under 4 months = seller’s market
Sold above original list9%Share of sales, last 3 months
Median sale-to-list97.4%Sold price ÷ list price
Median days on market83Listing to accepted offer
Median price per sq ft$267▲ +3.5% vs. last year

The Nashville housing market right now

In the three months ending August 31, 2026, 9% of homes in Nashville, TN 37207 sold above their list price, the typical home went under contract in 83 days and there were 7.9 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 148 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 11%, homes sold more slowly (68 days then) and the median sale price rose 2% to $449,805. Overall, Nashville is less competitive than a year ago, which gives buyers more room.

Within Davidson County, homes here sell more slowly than in 81% of the county’s ZIP codes, and sell less often over asking than in 81%. On our competition score, Nashville ranks #264 of 299 TN ZIP codes with enough sales (score 15 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.

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 →

Where Nashville is

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Questions about Nashville real estate

Is Nashville a buyer’s or seller’s market?

A buyer’s market: there were 7.9 months of supply in Nashville, TN 37207 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 83 days in the latest three months.

Do homes in Nashville sell over asking?

9% of homes sold above their original list price, and the typical sale closed at 97.4% 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 $449,805 in the three months ending August 31, 2026, about $267 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