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All market snapshots / 37203

Nashville, TN 37203 Housing Market

Data snapshot: July 18, 2026. Closed-sale window: last 6 months.
Nashville, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.48
ActiveActive listings: 5050PendingPending sales: 2424
Nashville, TN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $656k$656kSoldMedian sold price (last 6 months): $644k$644k
What homes actually sell for in Nashville, TN
Distribution of 206 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $425k to $845k
$290k to $423k: 41 sales41sales$290k$423k to $556k: 31 sales$556k to $689k: 35 sales$556k$689k to $822k: 32 sales$822k to $956k: 20 sales$822k$956k to $1.09M: 8 sales$1.09M to $1.22M: 15 sales$1.09M$1.22M to $1.36M: 3 salesMedian $644k

What the numbers say

As of July 18, 2026, Resideline is tracking 50 active listings and 24 pending sales in ZIP code 37203. That pending-to-active ratio of 0.48 points to a competitive market: a meaningful share of the inventory is already under contract.

The median asking price of current listings is $655,900, while the median of the 206 closed sales Resideline tracked over the last six months was $644,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount.

Frequently asked questions

What is the median home price in 37203?

The median closed sale price in Nashville, TN 37203 was $644,000 over the last six months, based on 206 closed sales tracked by Resideline. The middle half of those sales ranged from $424,900 to $845,000.

Is 37203 a buyer's or seller's market?

Resideline is currently tracking 24 pending sales against 50 active listings in 37203, a pending-to-active ratio of 0.48. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 37203 currently looks like a competitive market.

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