Nashville, TN 37210 Real Estate Market Report

ZIP Code: 37210
Report Date: May 2026
Market Temperature: COLD
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

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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 Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Nashville TN are averaging 6.3%, reflecting a stable market environment for property owners in this area compared to earlier 2026 benchmarks.

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. median sold price: 374,900 — This figure is the primary indicator of recent transaction value and suggests that closed deals are tracking materially below asking expectations; price momentum is down, aligning with a colder market temperature and indicating pricing friction for sellers.

2. median listing price: 459,900 — The spread between asking and realized sale values points to seller optimism versus buyer-negotiated outcomes; combined with a median days on market: 333, this suggests slower sales velocity and increased buyer negotiating leverage.

3. median price per square foot: 287 and median market rent: 2,295 — These levels imply rents are holding while property values are under pressure; rent trends are up, which may support buy-and-hold strategies where cash flow is a priority, but acquisition pricing should reflect current sale-level dynamics.

4. Market conditions show a cold market temperature with interest rate pressure: elevated (mortgage rates averaging 6.3%) — this combination appears to be suppressing transactional activity and extending time-to-sale, creating opportunities for buyers to negotiate while requiring sellers to price more competitively.

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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 37210 Real Estate Market Report

ZIP Code: 37210
Report Date: May 2026
Market Temperature: COLD
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

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 Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Nashville TN are averaging 6.3%, reflecting a stable market environment for property owners in this area compared to earlier 2026 benchmarks.

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 primary indicator of market value and recent transaction activity is the median sold price, currently 430,500, which serves as the representative recent sale level and sits below the median listing price of 499,000, suggesting a pricing gap between seller expectations and realized transactions.

2. Liquidity appears subdued with slower sales velocity: the median days on market is 295, which, combined with a cold market temperature and elevated inventory relative to sales activity, suggests cold market conditions that may allow buyers greater negotiating leverage.

3. Market drivers show mixed signals—the price year-over-year trend is down while the rent year-over-year trend is up and the median market rent is 1,900; elevated interest rate pressure and Current 30-year fixed mortgage rates averaging 6.3% may suppress buyer urgency and support continued cautious pricing and longer time on market.

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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.