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Nashville housing market: home prices, trends and forecast

Nashville home prices: the Zillow Home Value Index put a typical home in Nashville, Tennessee at $425,889 in September 2026, which is −2.5% lower than a year earlier and −5.9% under the $452,526 peak set in August 2022.

Value for a typical home
$425,889
September 2026, Zillow ZHVI
Change over 12 months
−2.5% compared with September 2025.
Change over 10 years
+78.7% compared with September 2016.
Multiple from 2000
×3.1, up from a $137,218 base.
Time on the market
62
Realtor.com, Nashville, TN metro.

Nashville home prices since 2000

Nashville is the steel line, the United States the grey line. The typical Nashville home was worth $137,218 in January 2000 and $425,889 now, ×3.10, against ×2.99 for the US in the same months. The boom high was September 2007 at $186,396, while the low was January 2012 at $157,641, −15.4%.

$100k$200k$300k$400k$500k200020052010201520202025Jan 2000 · $137,218$366,157$425,889Sep 2026NashvilleUnited States$100k$200k$300k$400k$500k200020102020Jan 2000 · $137k$366k$426kSep 2026
Typical home, smoothed and seasonally adjusted, from the Zillow Home Value Index. Zillow Research data
January 2000 · $137,218

Nashville median home price, year by year

Twelve monthly values are averaged for each year; the 2026 column uses the latest month.

YearNashvilleChange on the yearUnited States
2000$139,107$125,745
2001$143,349+3.0%$134,899
2002$147,205+2.7%$144,276
2003$150,408+2.2%$155,308
2004$155,268+3.2%$169,891
2005$164,016+5.6%$189,732
2006$175,792+7.2%$206,531
2007$183,917+4.6%$208,449
2008$182,560−0.7%$195,574
2009$174,228−4.6%$177,542
2010$169,326−2.8%$171,462
2011$160,681−5.1%$162,508
2012$159,709−0.6%$161,137
2013$169,325+6.0%$171,420
2014$183,564+8.4%$182,996
2015$203,715+11.0%$192,738
2016$232,816+14.3%$204,509
2017$260,997+12.1%$216,767
2018$285,425+9.4%$230,541
2019$293,757+2.9%$242,088
2020$310,128+5.6%$257,151
2021$354,726+14.4%$295,959
2022$433,358+22.2%$340,014
2023$437,842+1.0%$348,160
2024$443,393+1.3%$359,751
2025$439,944−0.8%$362,959
September 2026$425,889−2.5%$366,157

What a home bought in Nashville in any year is worth today

An index-based estimate of a typical home, not an appraisal.

For September 2026 the current value is shown; a year's figure averages its twelve monthly index values. More options: the home appreciation calculator.

Thinking about selling? Use Realtor.com to compare local agents. Advertising disclosure: a link like this one may pay the site, and no number ever changes as a result. Disclosure.

Nashville housing market forecast

For the Nashville, TN metro, Zillow's forecast points to +0.1% over the next three months and +0.2% over the 12 months beginning September 2026. Put against Nashville's typical value of $425,889, the forecast lands near $426,700 a year on.

What the forecast here shows comes from Zillow's central estimate for the metro; the site makes no forecast of its own. Over 12 months, a forecast of this kind typically lands several percentage points away from the realised change, in both directions. This is not investment advice.

All metro forecasts in one table: the housing market forecast.

Nashville housing market crash risk score

81 out of 100, very high

Against the 292 cities, the score ranks Nashville on five conditions that ran high ahead of past price falls. Against the other cities, each input gets a score from 0 to 100; the five scores are then averaged, each with equal weight. It shows today's conditions; it does not predict a crash.

InputValueSub-scoreWeight
Active listings vs 2019+55.0%9020%
Time on the market vs 2019+67.6%9920%
Price-to-rent ratio19.55920%
Price-to-income ratio5.36220%
12-month price change−2.5%9320%

This is not investment advice. How the inputs get their scores: the methodology. All 292 cities ranked: city crash risk.

Inventory and days on market for Nashville

In September 2026 the Nashville, TN metro listed 12,150 homes for sale, up +12.0% from a year earlier and up +55.0% from the same month in 2019. The median listing sold in 62 days (+67.6% against 2019), and price cuts appeared on 22.4% of listings.

Nashville, TN metro, September 2026ValueOn a year
Active listings12,150+12.0%
New listings3,842
Median days on market62+5.1%
Median list price$533,995−1.0%
Share with a price cut22.4%

Metro inventory comes from Realtor.com® Economic Research. Data from Realtor.com. Every metro: days on market for each city.

Living costs in Nashville

The Zillow Observed Rent Index puts Nashville's typical asking rent at $1,820 a month, +0.9% on a year. A typical home is worth 19.5 years of rent at that level. A median household income of $80,090 (Census ACS 2024) makes the typical home worth 5.3 times what a household earns in a year. BEA has metro prices at 96.3, where the US average is 100, and housing costs at 104.6.

What it takes to move there: rent, prices and the salary needed. Nashville cost of living.

More housing markets in Tennessee

Statewide figures: Tennessee housing market.

How to read this chart

Each point plots the Zillow Home Value Index for Nashville: what a typical home in the market's middle third is worth, smoothed and seasonally adjusted, with the value given in dollars of the month. The month on the slider is marked by a hollow dot, while a terracotta dot shows the latest month. These figures do not account for inflation, and an index tracks the typical home rather than any one house: use the card above or the home appreciation calculator to work out what a single home is worth from its own sale price.