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Updated May 2026 · Redfin

Nashville Real Estate Market Update, May 2026

Analysis by , Founder & CEO, INEYA Studio — data updated May 2026 from the Redfin Data Center.

Here are the latest housing market numbers for Nashville, TN, for May 2026, from the Redfin Data Center. Median sale price, days on market, inventory and more, with month-over-month and year-over-year change. The median sale price is $483K.

Nashville, TN · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$483K▲ +1.7%▼ -1.3%
Days on market59▼ -7.8%▲ +7.3%
Homes for sale4,892▲ +1.9%▲ +4.8%
Sale-to-list98.1%▲ +0.5%• 0.0%
Months of supply5.4▲ +14.9%▲ +10.2%
Homes sold913▼ -9.8%▼ -3.5%

Figures from Redfin Data Center. Verify against your MLS before posting.

What the Nashville numbers say

Nashville is cooling. The median sale price sits at $483,100, 1.3% below last year. The market has loosened: a typical listing now takes around 59 days to go under contract, with sellers getting 98.1% of list price.

With 4,892 homes for sale and 5.4 months of supply, Nashville is currently a buyer's market.

What this means if you sell in Nashville

Use these figures to set expectations early with each client. Lead a listing appointment with the $483K median price and the 59-day pace, show the year-over-year direction, and frame Nashville as a buyer's market. A buyer or seller client trusts an agent who knows the numbers cold, and posts them every month.

How we track the Nashville market

We built LOKAL to pull Nashville's numbers straight from the Redfin Data Center, so an agent and a client read from the same source. For May 2026 we recorded a $483K median sale price, -1.3% year over year, 59 days on market and a 98.1% sale-to-list ratio across 913 recorded sales. That compares with roughly $489K a year earlier, in 2025. Redfin has published this market data monthly since 2020, which is what lets us show month-over-month and year-over-year change here in 2026. We refresh every metro monthly. LOKAL is independent and not affiliated with Redfin; always verify against your MLS before you publish.

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Frequently asked: the Nashville housing market

What is the median home price in Nashville, TN?
As of May 2026, the median sale price in Nashville is $483,100 (-1.3% year over year), per the Redfin Data Center.
Is Nashville a buyer's or seller's market right now?
Nashville is currently a buyer's market, based on 5.4 months of supply and a 98.1% sale-to-list ratio for May 2026.
How long do homes take to sell in Nashville?
A typical Nashville listing goes under contract in about 59 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this Nashville market data come from?
All figures come from the Redfin Data Center, refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic for Nashville agents. LOKAL is not affiliated with Redfin.

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<a href="https://getlokal.io/tn/nashville/" rel="dofollow">Nashville real estate market · May 2026 · by LOKAL</a>

Data: Redfin · Redfin Data Center. Figures are a metro-level snapshot, not a valuation for a specific home.

Nashville housing market by ZIP code

See Nashville block by block. These 17 Nashville-area ZIP codes each have their own real Redfin median price, days on market and supply.

37209 · $620K37211 · $446K37221 · $540K37207 · $455K37206 · $642K37214 · $375K37215 · $1.35M37205 · $1.1M37216 · $550K37208 · $538K37204 · $1.23M37203 · $626K37217 · $318K37212 · $978K37218 · $339K37210 · $385K37220 · $1.07MMore Tennessee ZIP codes →