Is Nashville, TN 37221 a buyer’s or seller’s market?

The Nashville housing market right now

In the three months ending August 31, 2026, 14% of homes in Nashville, TN 37221 sold above their list price, the typical home went under contract in 54 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 231 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (12% then), homes sold faster (57 days then) and the median sale price held steady to $499,284. 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 69%. On our competition score, Nashville ranks #96 of 299 TN ZIP codes with enough sales (score 35 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.