CHORD Nashville Team

Nashville, TN 37203

Single-Family Homes

info@CHORDrealestate.com 615.988.1001



Nashville, TN 37203

Fri Mar 29 2024
This week the median list price for Nashville, TN 37203 is $979,950 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has increased to 22. Click here to stay informed with the Nashville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Nashville, TN 37203

Fri Mar 29 2024
This week the median list price for Nashville, TN 37203 is $979,950 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has increased to 22. Click here to stay informed with the Nashville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Nashville market.
Median List Price $979,950
Median Price of New Listings $1,000,000
Per Square Foot $565
Average Days on Market 98
Median Days on Market 67
Price Decreased 41%
Price Increased 0%
Relisted 23%
Inventory 22
Median Rent
Market Action 43
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,950,000 3,480 0 - 4,500 sqft 5 4 1 0 0 119
$1,199,000 2,509 0 - 4,500 sqft 3 3.5 6 1 1 21
$826,000 1,734 0 - 4,500 sqft 2 1.8 10 2 1 14
$515,000 663 0 - 4,500 sqft 1 1 69 0 1 108