Market Intelligence · TN / Nashville

Nashville, TN 37203 Housing Market

The typical home value in Nashville's 37203 ZIP code is $612,874, down 3.3% over the past year. The median list price is $699,900, and homes are taking a median of 82 days to go under contract.

Updated August 2026Median value$613K

The median home value in Nashville, TN 37203 is $613K as of August 2026, down 3.3% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 37203 range

$564K to $662K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-3.3% over 12 months

Typical home value in 37203 over the last 12 months: $634K in Aug 2025 to $613K in Aug 2026 (-3.3%).

Aug 2025$634K

Aug 2026$613K

The numbers

What is the 37203 housing market like?

Typical home value

$613K

Down3.3%YoY

Median list price

$700K

Flat0.0%MoM

Days on market

82

Down8.9%MoM

Homes for sale

354

Up4.4%MoM

Price cuts

16.1%

Up41.2%MoM

New listings

52

Down44.7%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 37203 home prices compare?

  • 37203$612,874
  • Nashville$497,004
  • Tennessee$270,768
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Nashville: 19 ZIPs; Tennessee: 587 ZIPs; United States: 26,265 ZIPs).

Context

Sellers in 37203 are working with a slower market than a year ago. There are 354 homes for sale, with 52 new listings coming on in the latest period. The median home sits for 82 days before selling, and 16.1% of listings have taken a price cut. Meanwhile, the typical home value of $612,874 is down 3.3% over the past year, which suggests buyers have more room to negotiate. If you are thinking about selling, pricing realistically from day one matters more than it did a year ago.

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