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Buena Vista Buena Vista Heights Cumberland Gardens Downtown East Germantown Elizabeth Park Germantown Hadley - Washington Hadley Park Jones Metro Second and Hume North Fisk (Osage) North Nashville North Rhodes (Metro Center) Salemtown Shouth Rhodes Park Watkins Park

NASHVILLE, TN 37208

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 37208

Buena Vista · Buena Vista Heights · Cumberland Gardens · Downtown · East Germantown · Elizabeth Park · Germantown · Hadley - Washington · Hadley Park · Jones · Metro Second and Hume · North Fisk (Osage) · North Nashville · North Rhodes (Metro Center) · Salemtown · Shouth Rhodes Park · Watkins Park

Market Analysis

Data as of March 2026. Source: Realtor.com.

The NASHVILLE, TN real estate market (37208) currently shows 230 active listings, with 41 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 58 days on market compared to 57 days last year.

The median listing price has fallen 6% year-over-year, from $625,000 to $587,225.

Whether you are buying or selling in NASHVILLE, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 20,410  ·  Density: 1,636.4/mi²  ·  Median household income: $59,050

Typical home value: $365,299  ·  Homeownership: 32.1%

Market Overview

Active Listings
230
⇧ 5.5% vs 218 last year
Pending
41
18% pending ratio
Median Price
$587,225
⇩ 6% vs $625,000 last year
Average Price
$652,854
⇩ 8.6% vs $713,945 last year
Days on Market
58
⇧ 1.8% vs 57 days last year

Price Per Square Foot

Median $/sqft
$337
⇩ 4.8% vs $354/sqft last year
Median Home Size
1,929 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 230 this year vs 218 last year
  • Days on market: 58 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $587,225 (-6% YoY)
  • Average: $652,854 (-8.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.7 miles — 1,999 listings ($1,440,622,239 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37208Nashville, TN 372080.0 mi205$140,308,970$599,900$684,434
37201Nashville, TN 372011.9 mi37$84,233,867$568,450$2,276,591
37212Nashville, TN 372123.0 mi110$120,924,210$894,000$1,099,311
37206Nashville, TN 372064.4 mi171$151,714,278$749,925$887,218
37218Nashville, TN 372185.1 mi123$73,912,299$529,995$600,913
37216Nashville, TN 372165.3 mi147$90,835,857$576,000$617,931
37209Nashville, TN 372096.2 mi380$291,855,200$654,500$768,040
37189Whites Creek, TN 371897.1 mi14$12,260,654$524,990$875,761
37214Nashville, TN 372148.2 mi138$63,203,034$417,475$457,993
37211Nashville, TN 372119.0 mi318$165,864,666$449,950$521,587
37138Old Hickory, TN 3713811.6 mi128$84,695,936$459,900$661,687
37221Nashville, TN 3722112.2 mi212$150,907,748$525,000$711,829
37143Pegram, TN 3714312.7 mi16$9,905,520$449,750$619,095

Frequently Asked Questions

How many homes are for sale in NASHVILLE, TN 37208?

As of March 2026, there are 230 active listings in NASHVILLE, TN (zip code 37208), compared to 218 the prior year.

What is the median home price in NASHVILLE, TN 37208?

The median listing price in NASHVILLE, TN 37208 is $587,225 as of March 2026, a 6% decrease from $625,000 the prior year.

How long do homes stay on the market in NASHVILLE, TN?

Homes in NASHVILLE, TN 37208 spend an average of 58 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in NASHVILLE, TN 37208?

Based on current inventory and days-on-market data as of March 2026, NASHVILLE, TN 37208 is currently a Buyer's Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 58 days on market compared to 57 days last year.

How much can I save on real estate commission in NASHVILLE, TN?

With SELL123.com's maximum 3% commission, sellers in NASHVILLE, TN 37208 save an estimated $11,745 compared to a typical 5% commission on the median listing price of $587,225. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.