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Nashville, TN 37216 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Nashville, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.19
ActiveActive listings: 4848PendingPending sales: 99
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): $475k$475kSoldMedian sold price (last 6 months): $510k$510k
What homes actually sell for in Nashville, TN
Distribution of 288 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $380k to $650k
$290k to $366k: 47 sales$290k$366k to $442k: 55 sales55sales$442k to $519k: 34 sales$442k$519k to $595k: 48 sales$595k to $671k: 28 sales$595k$671k to $747k: 16 sales$747k to $824k: 15 sales$747k$824k to $900k: 18 salesMedian $510k

What the numbers say

As of September 14, 2026, Resideline is tracking 48 active listings and 9 pending sales in ZIP code 37216. That pending-to-active ratio of 0.19 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $475,000, while the median of the 288 closed sales Resideline tracked over the last six months was $510,000. 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. Resideline has been seeing the median active listing in 37216 for 68 days.

Frequently asked questions

What is the median home price in 37216?

The median closed sale price in Nashville, TN 37216 was $510,000 over the last six months, based on 288 closed sales tracked by Resideline. The middle half of those sales ranged from $380,000 to $650,000.

Is 37216 a buyer's or seller's market?

Resideline is currently tracking 9 pending sales against 48 active listings in 37216, a pending-to-active ratio of 0.19. 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, 37216 currently looks like a balanced market.

Nearby ZIP code market data

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