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8th South Capitol Hill Area Centennial Downtown Edgehill Elliston Place Green Hills Midtown Music Row The District Watkins Park West End Park

NASHVILLE, TN 37203

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 37203

8th South · Capitol Hill Area · Centennial · Downtown · Edgehill · Elliston Place · Green Hills · Midtown · Music Row · The District · Watkins Park · West End Park

Market Analysis

Data as of February 2026. Source: Realtor.com.

The NASHVILLE, TN real estate market (37203) currently shows 318 active listings, with 59 pending sales. Homes are averaging 91 days on the market before going under contract.

Inventory has increased compared to last year, with 75 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 91 days on market compared to 62 days last year.

The median listing price has fallen 4.2% year-over-year, from $715,000 to $685,000.

Whether you are buying or selling in NASHVILLE, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 18,903  ·  Density: 1,740.0/mi²  ·  Median household income: $63,834

Typical home value: $452,056  ·  Homeownership: 19.2%

Market Overview

Active Listings
318
⇧ 30.9% vs 243 last year
Pending
59
19% pending ratio
Median Price
$685,000
⇩ 4.2% vs $715,000 last year
Average Price
$1,007,254
⇩ 2.2% vs $1,030,413 last year
Days on Market
91
⇧ 46.8% vs 62 days last year

Price Per Square Foot

Median $/sqft
$633
⇩ 2.8% vs $651/sqft last year
Median Home Size
1,056 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 318 this year vs 243 last year
  • Days on market: 91 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $685,000 (-4.2% YoY)
  • Average: $1,007,254 (-2.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.9 miles — 2,103 listings ($2,174,333,441 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37203Nashville, TN 372030.0 mi289$278,733,853$682,500$964,477
37212Nashville, TN 372121.3 mi108$115,634,736$899,000$1,070,692
37208Nashville, TN 372082.2 mi202$142,074,882$605,000$703,341
37210Nashville, TN 372103.2 mi74$49,894,574$559,000$674,251
37215Nashville, TN 372155.3 mi145$290,923,795$1,497,000$2,006,371
37220Nashville, TN 372205.7 mi32$76,392,928$1,587,000$2,387,279
37207Nashville, TN 372075.8 mi240$151,113,840$520,495$629,641
37218Nashville, TN 372187.0 mi110$67,078,990$550,000$609,809
37214Nashville, TN 372147.2 mi128$59,194,880$399,900$462,460
37115Madison, TN 371158.9 mi181$68,448,589$378,583$378,169
37027Brentwood, TN 3702710.3 mi295$672,259,570$1,949,950$2,278,846
37138Old Hickory, TN 3713811.6 mi115$72,682,300$440,000$632,020
37221Nashville, TN 3722111.9 mi184$129,900,504$559,900$705,981

Frequently Asked Questions

How many homes are for sale in NASHVILLE, TN 37203?

As of February 2026, there are 318 active listings in NASHVILLE, TN (zip code 37203), compared to 243 the prior year.

What is the median home price in NASHVILLE, TN 37203?

The median listing price in NASHVILLE, TN 37203 is $685,000 as of February 2026, a 4.2% decrease from $715,000 the prior year.

How long do homes stay on the market in NASHVILLE, TN?

Homes in NASHVILLE, TN 37203 spend an average of 91 days on the market before going under contract, compared to 62 days the prior year.

Is it a seller's or buyer's market in NASHVILLE, TN 37203?

Based on current inventory and days-on-market data as of February 2026, NASHVILLE, TN 37203 is currently a Buyer's Market. Inventory has increased compared to last year, with 75 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 91 days on market compared to 62 days last year.

How much can I save on real estate commission in NASHVILLE, TN?

With SELL123.com's maximum 3% commission, sellers in NASHVILLE, TN 37203 save an estimated $13,700 compared to a typical 5% commission on the median listing price of $685,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.