Market Intelligence · TN / Nashville

Nashville, TN 37209 Housing Market

Typical home values in Nashville's 37209 ZIP code stand at $542,777, down 1.4% over the past year. The median list price is $637,000, with homes spending a median of 72 days on the market as of September 2026.

Updated September 2026Median value$543K

The median home value in Nashville, TN 37209 is $543K as of September 2026, down 1.4% 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 37209 range

$499K to $586K

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

-1.4% over 12 months

Sep 2025$551K

Low $542KHigh $551K

Sep 2026$543K

The numbers

What is the 37209 housing market like?

As of September 2026

Typical home value

$543K

1.4%YoY

Median list price

$637K

2.0%MoM

Days on market

1.4%MoM

Homes for sale

364

5.2%MoM

Price cuts

28.5%

10.4%MoM

New listings

106

8.6%MoM

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

The outlook

37209 housing market forecast 2027

-0.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 37209 to stay roughly flat by September 2027 (down 0.2%).

Over the 12 months through September 2026, typical home values in 37209 fell 1.4%, per the Zillow Home Value Index.

Will home prices drop in 37209?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 37209 to stay roughly flat by September 2027 (down 0.2%), after a 1.4% decline 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 37209 home prices compare?

37209$542,777
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

The market is showing signs of seller caution. There are 364 homes for sale with 106 new listings added in September 2026, yet 28.5% of listings have already seen a price cut. At 72 days median time on market, homes are taking longer to sell than in stronger conditions. For sellers, this means pricing strategy matters more than ever.

Monthly payment

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Home price

Down payment20% · $108,555

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Common questions

What people ask us.

What is the typical home value in 37209?

The typical home value is $542,777, down 1.4% over the past year as of September 2026.

How long do homes take to sell in 37209?

The median days on market is 72 as of September 2026.

How many homes are listed for sale in 37209?

There are 364 homes for sale as of September 2026, with 106 new listings that month.

Discover

Nearby ZIP markets.

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