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All market snapshots / 37208

Nashville, TN 37208 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: 0.40
ActiveActive listings: 3030PendingPending sales: 1212
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): $567k$567kSoldMedian sold price (last 6 months): $518k$518k
What homes actually sell for in Nashville, TN
Distribution of 210 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $365k to $750k
$215k to $360k: 42 sales$215k$360k to $505k: 51 sales51sales$505k to $650k: 40 sales$505k$650k to $795k: 32 sales$795k to $940k: 13 sales$795k$940k to $1.08M: 3 sales$1.08M to $1.23M: 2 sales$1.08M$1.23M to $1.38M: 6 salesMedian $518k

What the numbers say

As of July 18, 2026, Resideline is tracking 30 active listings and 12 pending sales in ZIP code 37208. 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 $567,450, while the median of the 210 closed sales Resideline tracked over the last six months was $517,500. 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 37208?

The median closed sale price in Nashville, TN 37208 was $517,500 over the last six months, based on 210 closed sales tracked by Resideline. The middle half of those sales ranged from $365,000 to $750,000.

Is 37208 a buyer's or seller's market?

Resideline is currently tracking 12 pending sales against 30 active listings in 37208, 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, 37208 currently looks like a competitive market.

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