Nashville, TN 37206 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Key Findings

1. The primary indicator of recent market value and transaction activity is the median sold price, which stands at 526,500, and this should be treated as the representative recent sale level rather than asking prices; note that the price year-over-year trend is up, reinforcing modest appreciation signals.
2. There is notable pricing friction between asking and sale expectations—median listing price is 679,900, which may indicate a gap between seller expectations and completed transactions and suggests negotiation room for buyers.
3. Market liquidity appears slower than typical suburban markets as indicated by a median days on market of 220, which points to slower sales velocity and may signal longer marketing periods for SFR and condo listings.
4. Rental context shows a median market rent of 2,600 while rent year-over-year trend is down; combined with elevated interest rate pressure, this suggests caution for investors relying on near-term rent growth to offset financing headwinds.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.