Stephanie & James Crawford

Nashville, TN 37221

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Nashville, TN 37221

Thu Nov 14 2019
This week the median list price for Nashville, TN 37221 is $410,900 with the market action index hovering around 44. This is less than last month's market action index of 46. Inventory has held steady at or around 126. 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 been flat for several weeks. 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 37221

Thu Nov 14 2019
This week the median list price for Nashville, TN 37221 is $410,900 with the market action index hovering around 44. This is less than last month's market action index of 46. Inventory has held steady at or around 126. 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 been flat for several weeks. 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 $410,900
Per Square Foot $176
Days on Market 109
Price Decreased 33%
Price Increased 13%
Relisted 34%
Inventory 126
Median Rent $1,723
Most Expensive $32,500,000
Least Expensive $219,900
Market Action 44
Slight Seller's Advantage

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
$864,900 3,754 0.5 - 1 acre 4 4 1 5 1 174
$479,000 2,958 8,000 - 10,000 sqft 4 3 12 3 4 101
$385,900 2,609 8,000 - 10,000 sqft 3 2 18 4 5 120
$324,943 1,814 8,000 - 10,000 sqft 3 2 19 8 4 42