Nashville, TN 37216 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 primary market indicator is the median sold price $412,000, which represents the most reliable signal of recent transaction values in the neighborhood and should be the focal point for valuation decisions.
2. There is a meaningful spread between median listing price $510,000 and median sold price $412,000, which suggests seller expectations are higher than recent transaction outcomes and may indicate pricing friction that negotiators should account for.
3. The median days on market 266 points to slower sales velocity and reduced transaction cadence; this extended time to contract may reflect buyers being selective amid higher borrowing costs and appears to signal softer liquidity compared with faster-moving markets.
4. Market context shows market temperature neutral alongside price year-over-year trend up and rent year-over-year trend flat, while interest rate pressure elevated; this combination suggests a broadly balanced market with upward price momentum but affordability headwinds from elevated rates, so price positioning and financing contingencies will be critical for both buyers and sellers.

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.