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Nashville, TN 37221 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Nashville, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.04
ActiveActive listings: 101101PendingPending 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): $480k$480kSoldMedian sold price (last 6 months): $502k$502k
What homes actually sell for in Nashville, TN
Distribution of 419 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $375k to $685k
$202k to $396k: 99 sales$202k$396k to $589k: 140 sales140sales$589k to $782k: 82 sales$589k$782k to $976k: 24 sales$976k to $1.17M: 9 sales$976k$1.17M to $1.36M: 9 sales$1.36M to $1.56M: 12 sales$1.36M$1.56M to $1.75M: 3 salesMedian $502k

What the numbers say

As of October 26, 2026, Resideline is tracking 101 active listings and 4 pending sales in ZIP code 37221. That pending-to-active ratio of 0.04 makes it a slower-moving market: listings are going under contract more slowly than in most ZIP codes Resideline tracks, which usually gives buyers more room to negotiate.

The median asking price of current listings is $479,900, while the median of the 419 closed sales Resideline tracked over the last six months was $502,000. 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 37221 for 76 days.

Frequently asked questions

What is the median home price in 37221?

The median closed sale price in Nashville, TN 37221 was $502,000 over the last six months, based on 419 closed sales tracked by Resideline. The middle half of those sales ranged from $375,000 to $685,000.

Is 37221 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 101 active listings in 37221, a pending-to-active ratio of 0.04. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 37221 is currently a slower-moving market.

Nearby ZIP code market data

Full Nashville, TN housing market report →

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