| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $533,995 | -1.0% YoY |
| Median price per sq ft | $259 | 2,155 sq ft median |
| Median days on market | 62 | +5% YoY |
| Active listings | 12,150 | +12% YoY |
| New listings this month | 3,842 | September 2026 |
| Listings with a price cut | 22% | Share of active |
| Median sale price (closed) | $487,000 | +1.5% YoY · closed sales, July 2026 |
| Sale-to-list ratio | 97.9% | Closed sales, July 2026, seasonally adjusted |
| Pending-to-active ratio | 36.5% | 4,436 pending |
| Inventory vs 2019 | 155% | Active listings vs same month in 2019 |
| Gross rental yield | 3.8% | 2BR fair market rent |
Major metropolitan market · Tennessee · September 2026 data
What is the Nashville, TN real estate market doing?
As of September 2026, the median home listed in Nashville, TN asks $533,995, down 1.0% year over year. Homes spend a median of 62 days on market, with 12,150 active listings and 22% carrying a price cut; pending contracts equal 37% of active listings, and inventory sits at 155% of the same month in 2019 — a buyer's market. Estimated gross rental yield on the median listing is 3.8%. Figures come from public records and industry data, updated monthly.
Median listing price
$533,995
▼ 1.0% YoY
Median $ / sq ft
$259
2,155 sq ft median
Median days on market
62
September 2026
Active listings
12,150
For sale now
New listings
3,842
September 2026
Listings with price cuts
22%
Share of active
Inventory vs 2019
155%
Same month, 2019 = 100
Pending / active
37%
Contract activity
Median sale price (closed)
$487,000
▲ 1.5% YoY · closed sales · July 2026
Sale-to-list ratio
97.9%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
2,583
Closed sales · July 2026, seasonally adjusted
What is the Nashville, TN housing market doing right now?
The Nashville, TN housing market lists at a $533,995 median as of September 2026, down 1.0% year over year, with a 62-day median market time and 12,150 homes for sale (22% with a price cut). Active inventory is 155% of the 2019 level, reading as a buyer's market under WealthyBud's published buyer/seller rule. Gross rental yield is about 3.8%.
Nashville housing market statistics
The table summarizes Nashville's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Nashville.
How have home prices changed in Nashville?
Nashville home prices are down 1.0% year over year and -1.1% month over month as of September 2026, at a $533,995 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Nashville TN · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, Nashville TN · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Nashville?
Nashville has 12,150 active listings, 3,842 new this month, 4,436 pending as of September 2026. About 22% of active listings have cut their price, and inventory sits at 155% of its 2019 level — a buyer's market by pace.
Is Nashville a good real estate investment?
Nashville scores 36/100 on WealthyBud's composite Investor Score, ranking #737 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Investor Score
36/100
#737 of 933 covered metros
Price volatility
High
σ 6.7% · 20-yr price-index swings
Nashville scores 36/100 on our composite Investor Score (#737 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 55% over five years and +126% over ten, leaving prices 58% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,685/mo for a two-bedroom, the gross rental yield on the median listing is about 3.8%; active inventory sits at 155% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 1.0% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Nashville ranks on the trending markets index.
How much is a monthly mortgage payment in Nashville?
A home at Nashville's $533,995 median listing runs about $2,923 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.
If rates fall 1% · 6.28%
$2,639/mo
−$284/mo vs today
At today's rate · 7.28%
$2,923/mo
National weekly average
If rates rise 1% · 8.28%
$3,218/mo
+$295/mo vs today
Principal & interest on the $533,995 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.
How much income do you need to buy a home in Nashville?
To buy Nashville’s $533,995 median listing with 20% down, a household needs about $135,000 a year in gross income, keeping principal, interest and property tax ($3,154/mo) at 28% of income. That is 1.6× the area’s $82,499 median household income, so a typical Nashville household cannot afford the median listing on these terms.
| Item | Amount | Basis |
|---|---|---|
| Median listing price | $533,995 | September 2026 |
| Down payment (20%) | $106,799 | Assumption |
| Principal & interest (7.28%, 30-yr fixed) | $2,923/mo | Rate as of 2026-10-01 |
| Property tax (0.52% effective rate) | $231/mo | Census ACS |
| Income needed (28% rule) | $135,000 | Gross household income / yr |
| Median household income | $82,499 | Census ACS 2023 ACS 5-year |
Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.
What is driving the Nashville housing market?
Longer-run demand in Nashville shows up in 19,210 homes permitted in 2025; net migration of +13,425 residents; +0.7% job growth. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Building permits (2025)
19,210
▼ 3.7% vs 2024
9.4 per 1,000 residents
Net migration (2022–2023)
+13,425
▲ people, via tax-return records
net income flow +$1257.1M/yr
Job growth (YoY)
+0.7%
▲ 1,200.3k nonfarm jobs · August 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Riverine flooding
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
What is the latest Nashville real estate news?
Report: Nashville is among the strongest buyer’s housing markets in the U.S. in 2026. Here’s whyWSMV · 2026-06-11→Nashville, TN, Has a Significant Shortage of Homes for Middle-Income EarnersRealtor.com · 2026-07-04→Cities With the Fastest-growing Home Prices in TennesseeStacker · 2026-06-29→Rutherford County Housing Prices Edge Upward as Local Economy Holds SteadyWGNS Radio · 2026-07-03→
Nashville's housing market is projected strong for buyers in 2026, yet faces a shortage of middle-income homes amid rising overall prices. — AI-generated summary of the headlines above; read the linked coverage before relying on it.
Headlines collected 2026-07-05; each links to the original publisher.
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ReadNashville housing market FAQ
What is the median home price in Nashville?
As of September 2026, the median listing price in Nashville, TN is $533,995, down 1.0% year over year (source: public records and industry data).
How much does it cost to buy a home in Nashville?
The median home listed in Nashville asks $533,995 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $2,923 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Nashville?
The median property in Nashville spends 62 days on the market, with 12,150 homes actively listed and 22% of them carrying a price cut — a buyer's market as of September 2026.
Is it a buyer's or seller's market in Nashville?
With a median 62 days on market and 22% of active listings carrying a price cut, pending contracts at 37% of active listings, Nashville reads as a buyer's market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Nashville a good place to invest in real estate?
Nashville scores 36/100 on WealthyBud's Investor Score, ranking #737 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Nashville?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Nashville and the wider Tennessee market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.
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