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Nashville, TN 37203 Housing Market

Data snapshot: August 26, 2026. Closed-sale window: last 6 months.
Nashville, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.49
ActiveActive listings: 3737PendingPending sales: 1818
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): $659k$659kSoldMedian sold price (last 6 months): $643k$643k
What homes actually sell for in Nashville, TN
Distribution of 218 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $428k to $845k
$282k to $417k: 38 sales$282k$417k to $552k: 36 sales$552k to $687k: 42 sales42sales$552k$687k to $821k: 31 sales$821k to $956k: 27 sales$821k$956k to $1.09M: 7 sales$1.09M to $1.23M: 13 sales$1.09M$1.23M to $1.36M: 4 salesMedian $643k

What the numbers say

As of August 26, 2026, Resideline is tracking 37 active listings and 18 pending sales in ZIP code 37203. That pending-to-active ratio of 0.49 points to a competitive market: a meaningful share of the inventory is already under contract.

The median asking price of current listings is $659,000, while the median of the 218 closed sales Resideline tracked over the last six months was $642,513. 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 $642,513 over the last six months, based on 218 closed sales tracked by Resideline. The middle half of those sales ranged from $427,800 to $845,000.

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

Resideline is currently tracking 18 pending sales against 37 active listings in 37203, a pending-to-active ratio of 0.49. 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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