Nashville, TN 37215 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

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.

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

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 indicator is the median sold price of 1,603,000, which should be treated as the representative recent sale level for valuation and comparables; representative recent sale and informative for pricing decisions.
2. A notable spread between the median listing price of 2,187,500 and the median sold price of 1,603,000 suggests seller asking expectations exceed transaction levels and may create pricing friction that buyers can exploit in negotiations.
3. The median days on market of 322 signals materially slower sales velocity compared with typical market turnover and therefore suggests slower sales velocity, giving buyers more time to evaluate offers and increasing the importance of price competitiveness for sellers.
4. Market context is broadly neutral with a price year-over-year trend described as flat, rent growth described as up, and interest rate pressure described as moderate; this combination points to a stable overall balance where selective pricing and condition improvements will drive transaction success.

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.