Market Intelligence · TN / Nashville

Nashville, TN 37216 Housing Market

The typical home value in Nashville 37216 is $491,430, down 1.5% over the past year. The median list price sits at $561,625, with homes spending a median of 56 days on market as of September 2026.

Updated September 2026Median value$491K

The median home value in Nashville, TN 37216 is $491K as of September 2026, down 1.5% 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 37216 range

$452K to $531K

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

-1.5% over 12 months

Sep 2025$499K

Low $491KHigh $499K

Sep 2026$491K

The numbers

What is the 37216 housing market like?

As of September 2026

Typical home value

$491K

1.5%YoY

Median list price

$562K

0.6%MoM

Days on market

11.1%MoM

Homes for sale

154

6.2%MoM

Price cuts

28.6%

26.0%MoM

New listings

3.6%MoM

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

The outlook

37216 housing market forecast 2027

-0.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 37216 to stay roughly flat by September 2027 (down 0.3%).

Over the 12 months through September 2026, typical home values in 37216 fell 1.5%, per the Zillow Home Value Index.

Will home prices drop in 37216?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 37216 to stay roughly flat by September 2027 (down 0.3%), after a 1.5% 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 37216 home prices compare?

37216$491,430
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

Sellers in 37216 are pricing well above where values have settled. The median list price sits at $561,625 while the typical home value is $497,004, down 1.6% over the past year. Inventory stands at 154 homes for sale, with 58 new listings coming on as of September 2026. Homes are taking a median of 56 days to sell, and 28.6% of listings have taken a price cut. For a seller, the data points to a market where realistic pricing matters more than an ambitious asking price.

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Down payment20% · $98,286

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Common questions

What people ask us.

What is the typical home value in 37216?

The typical home value is $491,430 as of September 2026, down 1.5% over the past year.

How many homes are for sale in 37216?

As of September 2026, there are 154 homes for sale, with 58 new listings.

How long do homes stay on market in 37216?

The median days on market is 56 as of September 2026.

Discover

Nearby ZIP markets.

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