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Market Snapshot

Median listing price
$440K

The median listing price in Nashville, TN ZIP 37211 is $439,950 as of June 2026.

Median rent
$1,850/mo

The median market rent in Nashville, TN ZIP 37211 is $1,850/month as of June 2026.

Days on market
178 days

The median days on market in Nashville, TN ZIP 37211 is 178 days as of June 2026. The market is currently neutral.

Gross rental yield
5.05%

At a median list price of $439,950 and a median rent of $1,850/month, the gross rental yield in Nashville, TN ZIP 37211 is 5.05% as of June 2026.

STR vs LTR
$751/mo STR · $1,850/mo LTR

In Nashville, TN ZIP 37211, median Airbnb revenue is $751/month compared to median long-term rent of $1,850/month as of June 2026.

Nashville, TN 37211 Real Estate Market Report

ZIP Code: 37211

Report Date: June 2026

Market Temperature:
NEUTRAL

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.


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.

Analysis Window
90 Days
Total Properties Analyzed
284
Active Listings
148
Sold Properties
136

Market Metrics

Median Listing Price
$439,950
Median Sold Price
$352,500
Median Price per Sqft
$249/sqft

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

Median Market Rent
$1,850

Property Taxes

Property Tax Rate
0.69%

Liquidity & Velocity

Median Days on Market
178
Sale-to-List Ratio
100.0%

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.


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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
flat
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates for properties in Nashville 37211 average 6.7%, which is 0.5% higher than the 6.2% average observed in early 2026.

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


Key Findings

  1. The primary market signal is the median sold price: 352,500, which represents the most reliable indicator of recent transaction value and suggests current valuation is below asking levels due to a notable spread between median listing price and median sold price; pricing friction between list and sale may indicate sellers testing the market.
  2. Despite asking prices, the market shows slower transaction velocity as evidenced by a median days on market of 178, which may indicate longer negotiation timelines and moderated liquidity rather than rapid turnover.
  3. Inventory conditions in the analyzed sample show elevated inventory relative to sales activity (sample data), and with a median listing price of 439,950 versus the median sold price of 352,500, sellers should expect realistic pricing and potential concessions; balanced, more predictable market appears likely.
  4. Macro and market pressures are mixed: price year-over-year trend is up while rent year-over-year trend is flat and interest rate pressure is elevated (with average 30-year fixed rates at 6.7% vs 6.2% earlier in 2026); higher financing costs may constrain buyer affordability and prolong time-to-contract for marginal listings.

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.

Recent Transactions

5817 Woodland Hills Dr, Nashville, TN 37211
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds4 baths4,760 sqft
$1,935,000
Apr 1, 2026
$407/sqft/sqft
1555 days on market
5820 Woodland Hills Dr, Nashville, TN 37211
Premium

Sold above market average

4 beds4 baths5,321 sqft
$1,825,000
May 1, 2026
$343/sqft/sqft
67 days on market
6312 Palomar Ct, Nashville, TN 37211
Value

Sold below market average

6 beds3 baths4,891 sqft
$915,000
Mar 1, 2026
$187/sqft/sqft
148 days on market
2805 Call Hill Rd, Nashville, TN 37211
Premium

Sold above market average

3 beds2 baths1,489 sqft
$450,000
Apr 1, 2026
$302/sqft/sqft
106 days on market
265 Morton Ave, Nashville, TN 37211
Premium

Sold above market average

3 beds2 baths1,274 sqft
$450,000
Mar 1, 2026
$353/sqft/sqft
2336 days on market
709 Ashworth Cir, Nashville, TN 37211
Premium

Sold above market average

3 beds2 baths1,320 sqft
$449,000
May 1, 2026
$340/sqft/sqft
91 days on market
271 Ash Grove Dr, Nashville, TN 37211
Value

Sold below market average

3 beds1 baths1,014 sqft
$171,000
Apr 1, 2026
$169/sqft/sqft
3805 Turley Dr, Nashville, TN 37211
Value

Sold below market average

3 beds1 baths975 sqft
$150,000
May 1, 2026
$154/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$243/mo
37211 Avg Rent
37211 Cost to Own
Rent$1,850
Own$2,093

20% down, 6.53% rate, 0.7% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

37211 Avg nightly rate
37211 Avg occupancy (days/year)
Nightly rate$101/night
Occupancy95 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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