The CityLiving Group

Nashville, TN

Single-Family Homes



Nashville, TN

Sat Apr 13 2024
This week the median list price for Nashville, TN is $739,999 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has increased to 1,079. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Nashville, TN

Sat Apr 13 2024
This week the median list price for Nashville, TN is $739,999 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has increased to 1,079. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Nashville market.
Median List Price $739,999
Median Price of New Listings $635,412
Per Square Foot $343
Average Days on Market 96
Median Days on Market 49
Price Decreased 41%
Price Increased 4%
Relisted 20%
Inventory 1,079
Median Rent
Market Action 43
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change 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
$2,299,000 4,785 0.25 - 0.5 acre 5 5 4 23 29 77
$899,900 2,632 6,500 - 8,000 sqft 4 3 6 48 44 49
$617,000 2,118 6,500 - 8,000 sqft 3 2.5 7 44 50 49
$424,925 1,325 6,500 - 8,000 sqft 3 2 57 59 66 35