The CityLiving Group

Nashville, TN

Single-Family Homes



Nashville, TN

Sun May 26 2024
This week the median list price for Nashville, TN is $741,999 with the market action index hovering around 45. This is an increase over last month's market action index of 43. Inventory has decreased to 1,196. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Nashville, TN

Sun May 26 2024
This week the median list price for Nashville, TN is $741,999 with the market action index hovering around 45. This is an increase over last month's market action index of 43. Inventory has decreased to 1,196. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Nashville market.
Median List Price $741,999
Median Price of New Listings $624,950
Per Square Foot $348
Average Days on Market 88
Median Days on Market 42
Price Decreased 45%
Price Increased 4%
Relisted 20%
Inventory 1,196
Median Rent
Market Action 45
Strong Seller's Market

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
$2,300,000 4,805 0.25 - 0.5 acre 5 4.5 8 28 22 63
$909,900 2,647 8,000 - 10,000 sqft 4 3 8 35 28 42
$619,900 2,070 6,500 - 8,000 sqft 3 2.5 9 44 37 28
$425,000 1,371 8,000 - 10,000 sqft 3 2 57 54 54 35