Nashville, TN metro area Housing Market
Cold MarketComprehensive housing market data for the Nashville, TN metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$455K
↓ 1.1% YoY
Days on Market
91 days
↑ 16.7% YoY
Active Inventory
10,621
↑ 8.4% YoY
Homes Sold
1,713
↓ 7.0% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Nashville, TN metro area Market Summary
The Nashville, TN metro area housing market is cooling down. As of January 2026, the median home sale price is $455K, down 1.1% year-over-year. Homes are spending a median of 91 days on the market, 16.7% longer than a year ago.
There are 10,621 homes for sale — 8.4% more than last year. With 6.2 months of supply, this is a buyer's market. 2,762 new listings were added during this period, down 13.3% year-over-year.
Homes are selling for 97.3% of their list price on average, suggesting room for negotiation. 11.0% of homes sell above their asking price. 18.3% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
80
Contributing Factors
How This Market Compares
vs. National Median
vs. Tennessee Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price.
Nashville, TN metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$484K
Price per Sq Ft
$240
Sale-to-List Ratio
97.3%
Months of Supply
6.2
Sold Above List
11.0%
Price Drops
18.3%
New Listings
2,762
↓ 13.3% YoY
Pending Sales
2,317
Off Market in 2 Weeks
20.5%
Other Markets in Tennessee
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$382K · 83d on market
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$280K · 58d on market
Clarksville, TN metro area
$300K · 83d on market
Kingsport, TN metro area
$249K · 85d on market
Johnson City, TN metro area
$319K · 78d on market
Sevierville, TN metro area
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Jackson, TN metro area
$255K · 69d on market
Morristown, TN metro area
$332K · 71d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.