Stephanie & James Crawford

Nashville, TN 37221

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Nashville, TN 37221

Sun Jul 21 2019
This week the median list price for Nashville, TN 37221 is $399,925 with the market action index hovering around 42. This is less than last month's market action index of 44. Inventory has held steady at or around 132. 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

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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

Sun Jul 21 2019
This week the median list price for Nashville, TN 37221 is $399,925 with the market action index hovering around 42. This is less than last month's market action index of 44. Inventory has held steady at or around 132. 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

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $399,925
Per Square Foot $169
Days on Market 89
Price Decreased 36%
Price Increased 11%
Relisted 52%
Inventory 132
Median House Rent $1,700
Most Expensive $32,500,000
Least Expensive $145,000
Market Action Index
Slight Seller's Advantage
42

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
$799,900 3,711 0.5 - 1 acre 4 4 16 3 3 153
$445,900 3,115 0.25 - 0.5 acre 4 3 18 4 3 71
$383,900 2,558 8,000 - 10,000 sqft 3 2 23 6 7 91
$320,990 1,707 8,000 - 10,000 sqft 3 2 4 5 8 41