Is Nashville, TN 37209 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 6.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score22/ 100

More competitive than 16% of U.S. ZIP codes, and #211 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 supply6.2Under 4 months = seller’s market
Sold above original list12.8%Share of sales, last 3 months
Median sale-to-list97.3%Sold price ÷ list price
Median days on market65Listing to accepted offer
Median price per sq ft$333▲ +2.0% vs. last year

The Nashville housing market right now

In the three months ending August 31, 2026, 13% of homes in Nashville, TN 37209 sold above their list price, the typical home went under contract in 65 days and there were 6.2 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 233 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 8%, homes sold about as fast and the median sale price held steady to $618,732. Overall, Nashville is more competitive than a year ago, so tougher for buyers.

Within Davidson County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 58%. On our competition score, Nashville ranks #211 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.

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 6.2 months of supply in Nashville, TN 37209 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 65 days in the latest three months.

Do homes in Nashville sell over asking?

13% of homes sold above their original list price, and the typical sale closed at 97.3% 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 $618,732 in the three months ending August 31, 2026, about $333 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