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Nashville, TN 37203 Housing Market

Data snapshot: September 7, 2026. Closed-sale window: last 6 months.
Nashville, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.44
ActiveActive listings: 3434PendingPending sales: 1515
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): $727k$727kSoldMedian sold price (last 6 months): $660k$660k
What homes actually sell for in Nashville, TN
Distribution of 216 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $452k to $885k
$282k to $453k: 45 sales45sales$282k$453k to $624k: 37 sales$624k to $795k: 41 sales$624k$795k to $966k: 38 sales$966k to $1.14M: 16 sales$966k$1.14M to $1.31M: 10 sales$1.31M to $1.48M: 6 sales$1.31M$1.48M to $1.65M: 2 salesMedian $660k

What the numbers say

As of September 7, 2026, Resideline is tracking 34 active listings and 15 pending sales in ZIP code 37203. That pending-to-active ratio of 0.44 points to a competitive market: a meaningful share of the inventory is already under contract.

The median asking price of current listings is $727,000, while the median of the 216 closed sales Resideline tracked over the last six months was $660,000. 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 $660,000 over the last six months, based on 216 closed sales tracked by Resideline. The middle half of those sales ranged from $452,500 to $884,536.

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

Resideline is currently tracking 15 pending sales against 34 active listings in 37203, a pending-to-active ratio of 0.44. 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.

Nearby ZIP code market data

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