Stephanie & James Crawford

Nashville, TN 37208

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Nashville, TN 37208

Sat Sep 21 2019
This week the median list price for Nashville, TN 37208 is $392,497 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has held steady at or around 94. 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 recently plateaued. 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 37208

Sat Sep 21 2019
This week the median list price for Nashville, TN 37208 is $392,497 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has held steady at or around 94. 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 recently plateaued. 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 $392,497
Per Square Foot $218
Days on Market 71
Price Decreased 47%
Price Increased 2%
Relisted 17%
Inventory 94
Median House Rent $2,100
Most Expensive $1,150,000
Least Expensive $149,800
Market Action Index
Slight Seller's Advantage
43

While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$550,000 2,362 4,500 - 6,500 sqft 4 3 2 2 4 63
$415,000 2,000 4,500 - 6,500 sqft 3 3 0 3 2 73
$332,450 1,494 4,500 - 6,500 sqft 3 2 14 4 4 49
$190,000 1,098 6,500 - 8,000 sqft 3 1 79 7 6 97