Is Nashville, TN 37214 a buyer’s or seller’s market?

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

Nashville is a seller’s market. With about 3.9 months of supply and 17% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score36/ 100

More competitive than 34% of U.S. ZIP codes, and #87 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 supply3.9Under 4 months = seller’s market
Sold above original list17.2%Share of sales, last 3 months
Median sale-to-list97.9%Sold price ÷ list price
Median days on market54Listing to accepted offer
Median price per sq ft$243▲ +1.3% vs. last year

The Nashville housing market right now

In the three months ending August 31, 2026, 17% of homes in Nashville, TN 37214 sold above their list price, the typical home went under contract in 54 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 149 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (17% then), homes sold faster (56 days then) and the median sale price held steady to $392,830. Overall, Nashville is about as competitive as it was a year ago.

Within Davidson County, homes here sell faster than in 85% of the county’s ZIP codes, and sell more often over asking than in 85%. On our competition score, Nashville ranks #87 of 299 TN ZIP codes with enough sales (score 36 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 seller’s market: there were 3.9 months of supply in Nashville, TN 37214 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 54 days in the latest three months.

Do homes in Nashville sell over asking?

17% of homes sold above their original list price, and the typical sale closed at 97.9% 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 $392,830 in the three months ending August 31, 2026, about $243 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