Market Intelligence · TN / Nashville

Nashville, TN 37204 Housing Market

The typical home value in Nashville's 37204 ZIP code stands at $989,781, up 1.6% over the past year. The median list price is $1,049,750, with homes taking a median of 78 days to sell as of September 2026.

Updated September 2026Median value$990K

The median home value in Nashville, TN 37204 is $990K as of September 2026, up 1.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 37204 range

$911K to $1.07M

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

+1.6% over 12 months

Typical home value in 37204 over the last 12 months: $974K in Sep 2025 to $990K in Sep 2026 (+1.6%).

Sep 2025$974K

Sep 2026$990K

The numbers

What is the 37204 housing market like?

Typical home value

$990K

Up1.6%YoY

Median list price

$1.05M

Down9.7%MoM

Days on market

78

Down3.7%MoM

Homes for sale

141

Flat0.0%MoM

Price cuts

23.1%

Down9.1%MoM

New listings

38

Up5.6%MoM

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

The outlook

37204 housing market forecast 2027

+0.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 37204 to rise 0.5% by September 2027.

Over the 12 months through September 2026, typical home values in 37204 rose 1.6%, per the Zillow Home Value Index.

Will home prices drop in 37204?

Zillow's forecast does not call for a drop: it expects typical home values in 37204 to rise 0.5% by September 2027, after a 1.6% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 37204 home prices compare?

  • 37204$989,781
  • Nashville$491,430
  • Tennessee$265,881
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Nashville: 19 ZIPs; Tennessee: 587 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 141 homes for sale in 37204, with 38 new listings added recently. The median asking price of $1,049,750 sits above the typical home value, suggesting some pricing optimism among sellers. However, 23.1% of listings have already received price cuts, a sign that not all homes are commanding their ask. Homes are spending 78 days on the market on average, which is neither fast nor particularly slow. For sellers, this market requires realistic pricing to compete.

Monthly payment

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20% · $197,956

Common questions

What people ask us.

What is the typical home value in 37204?

The typical home value in Nashville's 37204 ZIP code is $989,781, representing a 1.6% increase over the past year.

How many homes are currently for sale in this area?

There are 141 homes for sale in 37204 as of September 2026, with 38 new listings added recently.

How long do homes typically stay on the market?

The median time on market is 78 days for homes in 37204.

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