Is Nashville, TN 37215 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Nashville is a balanced market. With about 5.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score20/ 100

More competitive than 13% of U.S. ZIP codes, and #225 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 supply5.9Under 4 months = seller’s market
Sold above original list12.4%Share of sales, last 3 months
Median sale-to-list97.3%Sold price ÷ list price
Median days on market79Listing to accepted offer
Median price per sq ft$413▲ +13.7% vs. last year

The Nashville housing market right now

In the three months ending August 31, 2026, 12% of homes in Nashville, TN 37215 sold above their list price, the typical home went under contract in 79 days and there were 5.9 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 133 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 7%, homes sold more slowly (64 days then) and the median sale price rose 73% to $1,698,265. Overall, Nashville is about as competitive as it was a year ago.

Within Davidson County, homes here sell more slowly than in 73% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Nashville ranks #225 of 299 TN ZIP codes with enough sales (score 20 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 balanced market: there were 5.9 months of supply in Nashville, TN 37215 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 79 days in the latest three months.

Do homes in Nashville sell over asking?

12% 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 $1,698,265 in the three months ending August 31, 2026, about $413 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