Stephanie & James Crawford

Nashville, TN 37208

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Nashville, TN 37208

Thu Nov 14 2019
This week the median list price for Nashville, TN 37208 is $399,949 with the market action index hovering around 40. This is less than last month's market action index of 42. Inventory has held steady at or around 84. 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 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 37208

Thu Nov 14 2019
This week the median list price for Nashville, TN 37208 is $399,949 with the market action index hovering around 40. This is less than last month's market action index of 42. Inventory has held steady at or around 84. 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 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 $399,949
Per Square Foot $213
Days on Market 81
Price Decreased 42%
Price Increased 2%
Relisted 21%
Inventory 84
Median Rent $1,595
Most Expensive $1,450,000
Least Expensive $150,000
Market Action 40
Slight Seller's Advantage

We continue to see prices in this zip code bounce around this 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
$559,590 2,433 4,500 - 6,500 sqft 4 3 0 0 2 88
$415,000 1,860 4,500 - 6,500 sqft 3 2 0 6 5 30
$374,000 1,800 4,500 - 6,500 sqft 3 2 0 1 6 63
$199,900 1,146 4,500 - 6,500 sqft 3 1 82 3 5 142