The CityLiving Group

Nashville, TN

Single-Family Homes



Nashville, TN

Sat Nov 27 2021
This week the median list price for Nashville, TN is $584,500 with the market action index hovering around 67. This is an increase over last month's market action index of 65. Inventory has decreased to 514. 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.

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Nashville, TN

Sat Nov 27 2021
This week the median list price for Nashville, TN is $584,500 with the market action index hovering around 67. This is an increase over last month's market action index of 65. Inventory has decreased to 514. 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.

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Nashville market.
Median List Price $584,500
Median Price of New Listings $489,900
Per Square Foot $299
Average Days on Market 63
Median Days on Market 35
Price Decreased 31%
Price Increased 4%
Relisted 11%
Inventory 514
Median Rent $2,235
Market Action 67
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,600,000 3,905 0.5 - 1 acre 4 4 33 27 19 49
$695,000 2,214 8,000 - 10,000 sqft 4 3 6 37 39 28
$490,000 1,824 0.25 - 0.5 acre 3 2.5 52 39 42 28
$329,900 1,216 8,000 - 10,000 sqft 3 1.5 56 54 52 28