All Home Types
Nashville, TN Housing Market
What is the housing market like in Nashville today?
In August 2023, Nashville home prices were up 3.3% compared to last year, selling for a median price of $460K. On average, homes in Nashville sell after 44 days on the market compared to 34 days last year. There were 1,068 homes sold in August this year, unchanged from 1,067 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$459,900
+3.3% YoY | Aug 2023
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2023
Growth
% YoY
Nashville, TN
$459,900
+3.3%
United States
Nashville Migration & Relocation Trends
In Jun '23 - Aug '23, 23% of Nashville homebuyers searched to move out of Nashville, while 77% looked to stay within the metropolitan area.
- Across the nation, 1% of homebuyers searched to move into Nashville from outside metros.
- Los Angeles homebuyers searched to move into Nashville more than any other metro followed by Chicago and San Francisco.
Where are people moving to Nashville from?
- 77% of Nashville homebuyers searched to stay within the Nashville metropolitan area.
- Destin was the most popular destination among Nashville homebuyers followed by Chattanooga and Pensacola.
Where are people from Nashville moving to?
Number of People Moving to Nashville
least
most
People are moving to Nashville from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Jun '23 - Aug '23 | ||
| 1 | 1,764 | ||
| 2 | 623 | ||
| 3 | 411 | ||
| 4 | 338 | ||
| 5 | 324 | ||
| 6 | 298 | ||
| 7 | 275 | ||
| 8 | 270 | ||
| 9 | 173 | ||
| 10 | 147 | ||
People are leaving Nashville for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Jun '23 - Aug '23 | ||
| 1 | 180 | ||
| 2 | 114 | ||
| 3 | 85 | ||
| 4 | 78 | ||
| 5 | 63 | ||
| 6 | 57 | ||
| 7 | 49 | ||
| 8 | 47 | ||
| 9 | 47 | ||
| 10 | 46 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Nashville.
Risk Factor
Provided by First Street Foundation
Transportation in Nashville
Learn about the walkability, bikeability, and transit-friendliness of Nashville
Car-Dependent
Walk Score®
Minimal Transit
Transit Score®
Somewhat Bikeable
Bike Score®
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