Nashville, TN 37214 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

Property Taxes

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.

Market Trends & Context

Key Findings

1. The neighborhood's primary market indicator, median sold price, is 314,000, which functions as the representative recent sale level for market value and transaction activity and appears to anchor pricing expectations representative recent sale.
2. The gap between median listing price 426,950 and median sold price 314,000 suggests seller asking expectations exceed transaction prices and may indicate pricing friction or the need for negotiated concessions pricing gap.
3. The relatively long median days on market of 229 indicates slower sales velocity and suggests that properties may require longer marketing or pricing adjustments to achieve sale slower sales velocity.
4. Market indicators show a neutral market temperature alongside a price year-over-year trend of up, rent year-over-year trend of up, and elevated interest rate pressure of elevated, which together suggest balanced transaction conditions but with interest-rate-driven buyer selectivity that may constrain rapid price acceleration.

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.