Is Nashville, TN 37228 a buyer’s or seller’s market?
Nashville is a seller’s market. With about 2.1 months of supply and 0% 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.
The Nashville housing market right now
In the three months ending August 31, 2026, 0% of homes in Nashville, TN 37228 sold above their list price, the typical home went under contract in 199 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.
Within Davidson County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Nashville 37218 (29% sold over asking) and Whites Creek 37189 (22% sold over asking) are even more competitive.
Run the numbers for 37228
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 2.1 months of supply in Nashville, TN 37228 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 199 days in the latest three months.
Do homes in Nashville sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.8% 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 $524,773 in the three months ending August 31, 2026, about $222 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