Market Intelligence · TN / Nashville

Nashville, TN 37216 Housing Market

The typical home value in Nashville, TN 37216 is $497,004, down 1.6% over the past year as of 2026-08-01. The median list price is $565,000, and homes spend a median of 63 days on the market.

Updated August 2026Median value$497K

The median home value in Nashville, TN 37216 is $497K as of August 2026, down 1.6% 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 37216 range

$457K to $537K

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 37216 over the last 12 months: $505K in Aug 2025 to $497K in Aug 2026 (-1.6%).

Aug 2025$505K

Aug 2026$497K

The numbers

What is the 37216 housing market like?

Typical home value

$497K

Down1.6%YoY

Median list price

$565K

Down1.9%MoM

Days on market

63

Down4.5%MoM

Homes for sale

145

Down7.6%MoM

Price cuts

22.7%

Down4.7%MoM

New listings

56

Up3.7%MoM

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

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The comparison

How do 37216 home prices compare?

  • 37216$497,004
  • 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

As of 2026-08-01, there are 145 homes for sale in 37216, with 56 new listings coming to market. The median list price is $565,000, while the typical home value sits at $497,004, down 1.6% over the past year. Sellers are waiting a median of 63 days to find a buyer, and 22.7% of listings have taken a price cut. Values are softening a bit and buyers have room to negotiate, so a seller here should price realistically from the start rather than testing the market.

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