Market Intelligence · TN / Nashville

Nashville, TN 37218 Housing Market

The typical home value in Nashville 37218 is $354,420, down 2.6% over the past year. Homes are listing at a median price of $490,425 and taking 74 days to sell.

Updated September 2026Median value$354K

The median home value in Nashville, TN 37218 is $354K as of September 2026, down 2.6% 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 37218 range

$326K to $383K

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

-2.6% over 12 months

Sep 2025$364K

Low $354KHigh $364K

Sep 2026$354K

The numbers

What is the 37218 housing market like?

As of September 2026

Typical home value

$354K

2.6%YoY

Median list price

$490K

0.1%MoM

Days on market

7.5%MoM

Homes for sale

107

4.5%MoM

Price cuts

19.3%

15.3%MoM

New listings

58.3%MoM

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

The outlook

37218 housing market forecast 2027

0.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 37218 to stay roughly flat by September 2027 (no change).

Over the 12 months through September 2026, typical home values in 37218 fell 2.6%, per the Zillow Home Value Index.

Will home prices drop in 37218?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 37218 to stay roughly flat by September 2027 (no change), after a 2.6% 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 37218 home prices compare?

37218$354,420
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, the market shows 107 homes for sale with 38 new listings arriving recently. About 19.3% of active listings have received price cuts, which reflects some pressure on sellers. The median time on market of 74 days suggests homes are moving steadily but not quickly. With typical values down year over year, sellers should consider their timing and pricing carefully in this softer environment.

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Home price

Down payment20% · $70,884

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Common questions

What people ask us.

What is the typical home value in 37218?

The typical home value is $354,420, down 2.6% over the past year as of September 2026.

How long do homes typically stay on the market in 37218?

Homes in this ZIP spend a median of 74 days on the market.

What percentage of homes have price cuts?

As of September 2026, 19.3% of listings in 37218 have received a price cut.

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