The Nashville housing market is somewhat competitive. Homes in Nashville receive 2 offers on average and sell in around 57 days. The median sale price of a home in Nashville was $475K last month, up 10.2% since last year. The median sale price per square foot in Nashville is $269, down 1.1% since last year.
What is the housing market like in Nashville today?
In March 2024, Nashville home prices were up 10.2% compared to last year, selling for a median price of $475K. On average, homes in Nashville sell after 57 days on the market compared to 53 days last year. There were 909 homes sold in March this year, down from 1,085 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$474,990
+10.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Nashville, TN
$474,990
+10.2%
United States
To compare other locations to the Nashville and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Nashville's median sale price is 15% higher than the national average. Overall cost of living in Nashville is 1% lower than the national average. Learn which home features in Nashville add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Nashville housing market?
Nashville is somewhat competitive. Homes sell in 58 days.
0
100
43
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 58 days.
Hot homes
can sell for around list price and go pending in around 29 days.
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.
Home offer insights for Nashville
Explore recent offers and recently sold homes in Nashville
Recent offers
Offer Not Accepted|
8 Weeks Ago
~$850K Offer
Sold for $800K
3bd | 2ba | ~2,000sqft
Over List Price
0%
Days on Market
36
Competing Offers
1
Down Payment
~20%
Aaron Glicken
Nashville Redfin Agent
Offer Not Accepted|
9 Weeks Ago
~$425K Offer
Sold for $450K
4bd | 2.5ba | ~2,250sqft
Under List Price
4%
Days on Market
39
Competing Offers
2
Down Payment
~20%
Aaron Glicken
Nashville Redfin Agent
Offer Not Accepted|
9 Weeks Ago
~$450K Offer
Sold for $450K
3bd | 2.5ba | ~2,000sqft
Over List Price
0%
Days on Market
6
Competing Offers
4
Down Payment
—
Caleb Zinge
Nashville Redfin Agent
Offer Not Accepted|
12 Weeks Ago
~$500K Offer
Sold for $550K
3bd | 2ba | ~2,250sqft
Under List Price
10%
Days on Market
118
Competing Offers
1
Down Payment
~20%
Jennifer Bowers
Nashville Redfin Agent
View houses in Nashville that sold recently
Recently sold homes
SOLD MAY 3, 2024
$1,316,500 Last Sold Price
4 beds
4 baths
2,146 sq ft
1317 Baptist World Center Drive #5, Nashville, TN 37207
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Meigs Middle Magnet School
Public • 5-8
683
Students
18 reviews
9/10
Jack Anderson Elementary Stem School
Public • K-5
847
Students
32 reviews
9/10
Dr. William Burrus Elementary School
Public • PreK-5
559
Students
6 reviews
9/10
Lakeside Park Elementary School
Public • K-5
337
Students
10 reviews
9/10
Merrol Hyde Magnet School
Public • K-12 • Choice school
662
Students
8 reviews
Only showing 5 of
100+ elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Nashville housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Nashville.
Risk Factor
Flood Factor - Major
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Nashville has a major risk of flooding. 28,580 properties in Nashville are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Nashville. Flood risk is increasing slower than the national average.
43% of properties are at risk of wildfire over the next 30 years
Fire Factor
Nashville has a moderate risk of wildfire. There are 104,904 properties in Nashville that have some risk of being affected by wildfire over the next 30 years. This represents 43% of all properties in Nashville.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Nashville has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Nashville is most at risk from hurricanes. 239,957 properties in Nashville have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 72 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 82 mph.