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All market snapshots / 37203

Nashville, TN 37203 Housing Market

Data snapshot: August 3, 2026. Closed-sale window: last 6 months.
Nashville, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.40
ActiveActive listings: 4747PendingPending sales: 1919
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): $650k$650kSoldMedian sold price (last 6 months): $648k$648k
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: $425k to $850k
$288k to $423k: 40 sales40sales$288k$423k to $558k: 35 sales$558k to $693k: 40 sales$558k$693k to $829k: 30 sales$829k to $964k: 26 sales$829k$964k to $1.1M: 9 sales$1.1M to $1.23M: 12 sales$1.1M$1.23M to $1.37M: 5 salesMedian $648k

What the numbers say

As of August 3, 2026, Resideline is tracking 47 active listings and 19 pending sales in ZIP code 37203. That pending-to-active ratio of 0.40 points to a competitive market: a meaningful share of the inventory is already under contract.

The median asking price of current listings is $649,900, while the median of the 218 closed sales Resideline tracked over the last six months was $647,900. 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 $647,900 over the last six months, based on 218 closed sales tracked by Resideline. The middle half of those sales ranged from $425,000 to $849,900.

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

Resideline is currently tracking 19 pending sales against 47 active listings in 37203, a pending-to-active ratio of 0.40. 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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