What is the median home price in Nashville in August 2026?

Nashville's metro median sale price is approximately $475,000 as of August 2026, essentially flat year-over-year at up about 0.5%. Homes are selling at 97.25% of asking price, reflecting active negotiation rather than a collapsed market.

How long does it take to sell a home in Nashville right now?

The Nashville metro median is 70 days on market as of August 2026, up from 58 days the same time in 2025. Well-priced, move-in-ready homes in popular neighborhoods still move faster. The 70-day figure is pulled upward by overpriced listings that sit before taking reductions.

Is now a good time to buy a home in Nashville?

Buyers have more leverage than at any point since 2019. Inventory is up 203% year-over-year, the average home sells about 2.75% below list price, and mortgage rates pulled back from their August peak. The September Fed meeting carries essentially zero probability of a rate hike.

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Six1Five Living Market Update branded graphic showing Nashville Broadway street at night with the text Nashville Luxury Market Update August 2026

Nashville Luxury Market Update: August 2026

September 7, 2026

Nashville's median price is holding at $475,000, inventory is up 203% year-over-year, and mortgage rates hit a one-year...

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