Market report · TN

Nashville, TN

Buyer's market

Softening prices and 70% of homes selling below list — Nashville is one of the cleaner buyer markets in the country right now.

DATA · Zillow Research (via scrape.do) · AS OF APRIL 2026

$436k
Typical home value
↓1.7%
-3.2%
YoY change
$1,787
Median rent
↓1.1%
4.91%
Gross yield
33
Median DOM
69/100
MDR score
Detail Value Detail Value
Median list price $492,933 Median sale price $430,333
Sale-to-list ratio 0.979 % sold below list +69.9%
Active inventory 3,805 New listings 1,149
Trends · 36-month series

How Nashville has moved.

Typical home value $444k → $436k · ↓1.7% (36mo)
$436k $442k $447k $453k May 23Nov 24Apr 26
Median rent (ZORI) $2k → $2k · ↓1.1% (36mo)
$2k $2k $2k $2k May 23Nov 24Apr 26
Median days on market 60d → 33d · ↓45.4% (36mo)
33d 42d 51d 60d Feb 26Mar 26Apr 26
Sale-to-list ratio 0.980 → 0.979 · ↓0.1% (36mo)
0.978 0.979 0.979 0.980 Jan 26Feb 26Mar 26

Nashville sits at a median home value of $436,355 as of the latest Zillow read, down 3.2% year-over-year — a meaningful softening that’s putting deal flow back on the table for cash buyers.

The sale-to-list ratio sits at 0.979, and 69.9% of closed sales are landing below list. That’s a clear buyer’s market — sellers are negotiating, and motivated-seller direct mail is converting at rates we haven’t seen since 2014.

Rents are workable but not generous. ZORI of $1,787/mo against a $436k median gives a 4.91% gross yield — average for the metro tier, requiring tight underwriting on any hold.

Median days-on-market is running around 33 days against 3,805 active listings. Pace is moderate — neither chaos nor stagnation. Standard wholesaling cadences work here.

MDR’s composite investor score for Nashville is 69/100 based on rent yield, sale-to-list discount, motivated-seller proxies, and DOM. Solid mid-tier. A disciplined operator can build a real book here; a tourist will get hurt.

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FAQ

Nashville for investors.

Is Nashville a good market for real estate investors in 2026?

Metro Deal Report's composite investor score for Nashville is 69/100, based on rent yield, sale-to-list ratio, motivated-seller proxies, and days on market. Nashville is a solid mid-tier market — workable for disciplined operators but not a top-of-list pick.

What is the median home price in Nashville?

The typical home value in Nashville as of the most recent Zillow read is $436,355. Median list price is $492,933 and median sale price is $430,333. Year-over-year change: -3.2%.

What can a landlord expect to rent a property for in Nashville?

Zillow's Observed Rent Index for Nashville is $1,787/mo. Against the typical home value of $436k, that produces a gross annual rent yield of 4.91% — right at the national baseline, requiring tight underwriting on holds.

Is Nashville a buyer's or seller's market?

Nashville's current sale-to-list ratio is 0.979 with 69.9% of homes closing below list. That's a clear buyer's market — sellers are negotiating. Median days on market: 33 days. Active inventory: 3,805 listings.

Which investment strategy works best in Nashville?

Nashville's data favors a mixed approach — no single strategy dominates, so selective deal sourcing wins. See the per-strategy breakdowns at /wholesaling/nashville, /brrrr/nashville, and /flipping/nashville.

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