Nashville, TN 37214 Real Estate Market Report

ZIP Code: 37214
Report Date: May 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.

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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.

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Key Findings

1. The neighborhood's median sold price is 389,250, which should be treated as the primary indicator of realized market value; with the price year-over-year trend noted as down, recent transaction values show modest softening rather than acceleration.

2. The median listing price is 469,900 compared to the median sold price of 389,250, creating a pricing gap that suggests pricing friction between seller expectations and recent closed transactions and may require concessions or time-to-adjust to align with market realizations.

3. A long median days on market of 210 points to slower sales velocity and prolonged marketing periods; coupled with the reported market temperature of neutral, this appears to reflect a more balanced buyer-seller dynamic rather than a one-sided market.

4. Rental context shows a median market rent of 1,850 with a rent year-over-year trend of down; together with elevated interest rate pressure, this may weigh on investor yield expectations and reduce urgency among buyers financing purchases.

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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 37214 Real Estate Market Report

ZIP Code: 37214
Report Date: May 2026
Market Temperature: NEUTRAL
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

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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. The neighborhood's primary market indicator is the median sold price: 299,950, which represents the most reliable recent transaction level for valuation and negotiation context.

2. The relationship between the 299,950 median sold price and the 291,500 median listing price may indicate pricing friction as sellers adjust expectations relative to completed transactions.

3. Market velocity is slow: the 310 median days on market points to extended listing periods and slower sales velocity, consistent with a neutral market temperature.

4. Macro signals are cautionary—down price year-over-year trend, down rent year-over-year trend, and elevated interest rate pressure—while the median price per square foot is 220 and the median market rent is 1,600, metrics investors and lenders should monitor for near-term valuation pressure.

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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.