Market Report
Nashville, TN
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
- Typical home value
- $436k
- YoY change
- -3.2%
- Median rent
- $1,787
- Gross yield
- 4.91%
- Days on market
- 33
- Investor score
- 69/100
- Median list
- $492,933
- Median sale
- $430,333
- Sale / list
- 0.979
- Active inventory
- 3,805
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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