Nashville, TN 37207 Real Estate Market Report

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

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Executive Overview

The Nashville housing market, as of April 2026, shows a median sold price of $399,945, reflecting a stable environment for buyers and sellers. This price indicates a market that has not experienced rapid fluctuations recently, suggesting a more balanced approach to pricing. The neighborhood has increased 15% since 2023, which underscores a gradual appreciation in property values despite the current market conditions.

Transaction activity appears moderate, with 209 median days on market, indicating slower sales velocity. The elevated inventory levels suggest that supply is outpacing demand, leading to a more cautious market atmosphere. While the median listing price stands at $425,000, the significant gap between listing and sold prices may indicate pricing friction as sellers adjust expectations to align with buyer sentiment in a market characterized by excess supply relative to sales activity.

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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. $399,945 is the median sold price, indicating a stable market with gradual appreciation.

2. 209 days on market reflects a slower sales velocity, suggesting potential challenges in liquidity.

3. The median listing price of $425,000 indicates pricing friction as it exceeds the sold price, highlighting seller adjustments.

4. Elevated inventory levels suggest excess supply relative to sales activity, contributing to a balanced market.

5. The median market rent of $1,758 shows stability, but the rent year-over-year trend is down, indicating a divergence in rental demand.

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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.