James & Stephanie Crawford

Nashville, TN 37216

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Nashville, TN 37216

Mon Jun 17 2019
This week the median list price for Nashville, TN 37216 is $378,500 with the market action index hovering around 49. This is less than last month's market action index of 50. Inventory has held steady at or around 85. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Nashville, TN 37216

Mon Jun 17 2019
This week the median list price for Nashville, TN 37216 is $378,500 with the market action index hovering around 49. This is less than last month's market action index of 50. Inventory has held steady at or around 85. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Nashville market.
Median List Price $378,500
Per Square Foot $211
Days on Market 77
Price Decreased 51%
Price Increased 4%
Relisted 69%
Inventory 85
Median House Rent $1,800
Most Expensive $679,916
Least Expensive $159,900
Market Action Index
Strong Seller's Market
49

Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.

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
$525,000 2,640 0.25 - 0.5 acre 4 3 54 7 5 44
$417,900 2,022 8,000 - 10,000 sqft 3 2 66 2 8 40
$340,000 1,787 0.25 - 0.5 acre 3 2 63 2 5 79
$274,400 1,201 8,000 - 10,000 sqft 2 1 70 4 5 143