Market Intelligence · TN / Nashville

Nashville, TN 37203 Housing Market

The typical home value in Nashville 37203 is $616,513, down 3.5% over the past year. The median list price stands at $699,900, with homes spending a median of 82 days on the market.

Updated August 2026Median value$617K

The median home value in Nashville, TN 37203 is $617K as of August 2026, down 3.5% 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

$567K to $666K

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

-3.5% over 12 months

Typical home value in 37203 over the last 12 months: $639K in Jul 2025 to $617K in Jul 2026 (-3.5%).

Jul 2025$639K

Jul 2026$617K

The numbers

What is the 37203 housing market like?

Typical home value

$617K

Down3.5%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 (July 2026) / Realtor.com (August 2026) / FRED (August 2026)

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The comparison

How do 37203 home prices compare?

  • 37203$616,513
  • Nashville$503,686
  • Tennessee$270,699
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Nashville: 19 ZIPs; Tennessee: 587 ZIPs; United States: 26,266 ZIPs).

Context

There are currently 354 homes for sale in this ZIP, with 52 new listings as of August 2026. The median time on market of 82 days reflects a slower pace than typical for Nashville. Price cuts are appearing on 16.1% of listings, suggesting sellers are adjusting to market conditions. The year-over-year decline in typical home value indicates sustained softness. Sellers should expect realistic pricing to be essential right now.

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