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Nashville, TN 37216 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Nashville, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.09
ActiveActive listings: 4545PendingPending sales: 44
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): $485k$485kSoldMedian sold price (last 6 months): $515k$515k
What homes actually sell for in Nashville, TN
Distribution of 301 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $380k to $660k
$290k to $366k: 50 sales$290k$366k to $442k: 52 sales52sales$442k to $519k: 35 sales$442k$519k to $595k: 47 sales$595k to $671k: 30 sales$595k$671k to $747k: 19 sales$747k to $824k: 20 sales$747k$824k to $900k: 18 salesMedian $515k

What the numbers say

As of October 5, 2026, Resideline is tracking 45 active listings and 4 pending sales in ZIP code 37216. That pending-to-active ratio of 0.09 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $485,000, while the median of the 301 closed sales Resideline tracked over the last six months was $515,000. 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 74 days.

Frequently asked questions

What is the median home price in 37216?

The median closed sale price in Nashville, TN 37216 was $515,000 over the last six months, based on 301 closed sales tracked by Resideline. The middle half of those sales ranged from $380,000 to $660,000.

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

Resideline is currently tracking 4 pending sales against 45 active listings in 37216, a pending-to-active ratio of 0.09. 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

Full Nashville, TN housing market report →

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