Nashville, TN 37210 Real Estate Market Report

ZIP Code: 37210
Report Date: March 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of March 2026, the real estate market in Nashville, TN (ZIP: 37210) reflects a median sold price of $399,950, indicating a stable market environment. The neighborhood has increased 0% since 2023, suggesting a period of price stabilization rather than rapid appreciation. This trend is supported by a median listing price of $485,000, which highlights a notable pricing gap between what sellers are asking and what buyers are willing to pay, potentially leading to pricing friction in negotiations.

Market activity shows 284 days on market, indicating slower sales velocity and a shift towards a more balanced environment where buyers may regain some negotiating power. Elevated inventory levels are present, with excess supply relative to sales activity suggesting that the market is adjusting to a new equilibrium. Overall, the market temperature is described as neutral, reflecting a stable yet cautious atmosphere for both buyers and sellers.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Nashville, TN, around 6.35% are 0.41% lower than the January 2026 average of 6.76% for property purchases.

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 $399,950 indicates a stable market with no significant price changes since 2023, suggesting moderate price stability.

2. With a median listing price of $485,000, there is a notable gap between seller expectations and buyer willingness, which may create pricing friction in negotiations.

3. The median days on market of 284 reflects slower sales velocity, indicating that properties are taking longer to sell and may suggest weaker liquidity in the market.

4. Elevated inventory levels suggest excess supply relative to sales activity, which may provide buyers with more options and negotiating leverage.

5. The market temperature remains neutral, indicating a balanced environment where neither buyers nor sellers have a distinct advantage.

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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.