Nashville, TN 37206 Real Estate Market Report

ZIP Code: 37206
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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.

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Market Metrics

Note: 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.

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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.

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Property Taxes

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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.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The primary market-value indicator is the median sold price of $559,999, which reflects recent transaction activity and, combined with a reported neutral market temperature, suggests overall price stability with modest appreciation pressure may be limited.

2. There is a notable spread between the median listing price of $800,000 and the median sold price of $559,999, which may indicate pricing friction between seller expectations and realized sale prices and could create negotiation opportunities for buyers.

3. The median days on market of 240 points to slower sales velocity and suggests more time is required to close transactions; this extended cadence may provide buyers greater leverage while sellers should plan for longer marketing periods.

4. With a median market rent of $2,675 and an observed rent year-over-year trend of down, combined with elevated interest rate pressure (elevated), investors should be cautious: higher financing costs and weakening rent trends may compress near-term rental returns.

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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.

Nashville, TN 37206 Real Estate Market Report

ZIP Code: 37206
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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.

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Market Metrics

Note: 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.

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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.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The primary market value signal is the median sold price: 719,500, which represents recent transaction levels and should be treated as the leading indicator of neighborhood pricing; neutral market temperature suggests this sale level reflects stabilized demand.

2. Despite typical emphasis on asking prices, the median sold price: 719,500 compared with the median listing price: 682,500 indicates sellers in recent transactions have realized sale outcomes above the representative asking level, which may signal localized seller leverage in completed deals. balanced liquidity context appears to moderate aggressive price moves.

3. Very long median days on market: 352 points to materially slower sales velocity than typical fast-turn markets and may indicate pricing friction or protracted negotiation cycles; combined with elevated interest rate pressure, buyers may be more selective and transaction timelines extended.

4. Inventory context in the analyzed sample shows relatively constrained active supply versus recent sales activity, producing moderate transaction volume; coupled with price year-over-year trend being down and rent year-over-year trend also down, expect a cautiously neutral-to-slightly-warm market where buyers have incremental leverage but prices have not collapsed.

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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.