James & Stephanie Crawford

Nashville, TN 37221

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Nashville, TN 37221

Sun May 26 2019
This week the median list price for Nashville, TN 37221 is $427,500 with the market action index hovering around 47. This is an increase over last month's market action index of 44. Inventory has held steady at or around 103. Click here to stay informed with the Nashville market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Nashville, TN 37221

Sun May 26 2019
This week the median list price for Nashville, TN 37221 is $427,500 with the market action index hovering around 47. This is an increase over last month's market action index of 44. Inventory has held steady at or around 103. Click here to stay informed with the Nashville market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Nashville market.
Median List Price $427,500
Per Square Foot $160
Days on Market 92
Price Decreased 34%
Price Increased 8%
Relisted 13%
Inventory 103
Median House Rent $1,200
Most Expensive $32,500,000
Least Expensive $194,500
Market Action Index
Strong Seller's Market
47

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$850,000 3,711 0.25 - 0.5 acre 4 3 7 2 4 173
$459,000 3,065 8,000 - 10,000 sqft 4 2 17 6 5 66
$397,950 2,674 8,000 - 10,000 sqft 4 2 20 8 7 91
$329,450 2,014 8,000 - 10,000 sqft 3 2 15 8 6 43