Nashville, TN 37209 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

Market Trends & Context

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

Key Findings

1. The neighborhood's primary indicator, the median sold price of $679,000, indicates realized market value and recent transaction activity; this sits slightly above the median listing price of $675,000, suggesting alignment between asking and sale outcomes and stable pricing in recent transactions.
2. Liquidity is slowed by a long sales cadence: the median days on market of 216 points to slower sales velocity and suggests more time is required to convert listings into closed deals, which may increase sensitivity to pricing and condition.
3. Pricing context by area measurement shows a median price per square foot of $338, which, combined with the current listing-to-sale alignment, suggests modest pricing friction rather than aggressive appreciation; elevated inventory relative to sales activity appears to be giving buyers more choices and negotiating leverage balanced market.
4. Financing and rent context will influence near-term demand: interest rate pressure is elevated with Current 30-year fixed mortgage rates in Nashville TN approximately 6.4%, which is 0.5% higher than 5.9% earlier in 2026; meanwhile, the median market rent of $2,580 and rent year-over-year trend is flat, indicating limited rental upside currently and added caution for investor acquisition plans.

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.