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What is the cost of living in Nashville?

Nashville snapshot

As of the latest 2026 data
Median listing
$540K
YoY -0.0%
Active inventory
11,823
YoY +0.1%
Median DOM
53
YoY +0.0%
Pending ratio
0.44
YoY -0.0%
Price-reduced
21.4%
YoY -0.0%
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Primpted Housing Analyst

Data-backed

Primpted research desk

The median home price in the Nashville area is $539,945 right now. This is a little less expensive than a year ago, when it was 1.6% higher. Homes generally stay on the market for 53 days. There are 11,823 homes for sale, which is about 11% more choices than there were a year ago. Even with more homes available, new listings are coming onto the market at about the same rate as last year. About 21.4% of homes have had their prices lowered. This is slightly fewer than last year at this time. Homes are selling for a median of $260 per square foot, which is also a bit lower than last year. The average home price is higher at $881,003, having increased by 2.2% over the past year. There are 5,174 homes currently under contract to be sold. If you are thinking of moving to Nashville, you have more homes to choose from now, and prices have come down a little bit compared to last year.
P

Primpted Housing Analyst

Data-backed

Primpted research desk

The median home price in the Nashville area right now is $539,945. This price has stayed about the same since the last month but is a bit lower than it was a year ago. Prices per square foot are also slightly down compared to last year. The cost of buying a home in Nashville has gone down slightly over the past year. The median price is $539,945, which is a small decrease from last year. The average price, however, has gone up to $881,003, showing that some homes are selling for more. There are more homes on the market now, with active listings up by 10.9% over the past year. Despite more choices, homes are staying on the market a little longer, an average of 53 days. This suggests buyers have slightly more time to make a decision. About one in five homes, or 21.4% of them, have had their prices reduced. Even with more homes available, the number of new homes coming on the market has only gone up a little, by 1.0%, compared to a year ago. If you're looking to buy in Nashville, you have more options available than last year, and homes are taking a bit longer to sell, which might give you more negotiating power.

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