Nashville, TN 37207 Real Estate Market Report

ZIP Code: 37207
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The Nashville market is currently characterized by a median sold price of $429,900, reflecting a stable environment for home transactions. This price point indicates a balanced market, as the overall market temperature is described as neutral. The median days on market stands at 167, suggesting a slower sales velocity, which may indicate that buyers are taking their time to make decisions amidst elevated inventory levels.

With a median listing price of $438,900, there is a notable gap between listing and sold prices, which may suggest pricing friction as sellers adjust expectations in response to market conditions. The rental market remains robust, with a median market rent of $2,173, indicating continued demand for rental properties, particularly near employment hubs. Overall, the market appears to be stabilizing, with modest appreciation forecasted for home values in 2026, despite some localized price dips.

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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

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Nashville TN market average around 5.875% to 6.153%, which is slightly higher than the 5.67% average seen just one week prior.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $429,900 reflects a stable market environment, indicating potential neutral conditions.

2. With 167 days on market, the sales velocity is slower, suggesting that buyers are taking longer to make purchasing decisions.

3. The median listing price of $438,900 indicates a pricing gap that may create friction as sellers adjust to market realities.

4. The median market rent of $2,173 shows strong demand in the rental sector, particularly near employment hubs, which remains positive for landlords.

5. Overall market temperature is neutral, suggesting a balanced market with modest appreciation expected for home values in 2026.

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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.