Market Intelligence · TN / Nashville

Nashville, TN 37221 Housing Market

The typical home value in Nashville 37221 is $504,293, down 2.4% over the past year. The median list price stands at $519,900, with homes taking a median of 64 days on market.

Updated August 2026Median value$504K

The median home value in Nashville, TN 37221 is $504K as of August 2026, down 2.4% 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 37221 range

$464K to $545K

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

-2.4% over 12 months

Typical home value in 37221 over the last 12 months: $517K in Jul 2025 to $504K in Jul 2026 (-2.4%).

Jul 2025$517K

Jul 2026$504K

The numbers

What is the 37221 housing market like?

Typical home value

$504K

Down2.4%YoY

Median list price

$520K

Down3.0%MoM

Days on market

64

Up8.5%MoM

Homes for sale

235

Up1.3%MoM

Price cuts

27.1%

Up34.0%MoM

New listings

80

Down20.0%MoM

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

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The comparison

How do 37221 home prices compare?

  • 37221$504,293
  • Nashville$503,686
  • Tennessee$270,699
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Nashville: 19 ZIPs; Tennessee: 587 ZIPs; United States: 26,266 ZIPs).

Context

As of August 2026, there are 235 homes for sale in this ZIP code, with 80 new listings recently added. The median list price is $519,900, and properties are spending 64 days on market on average. A notable indicator of market pressure: 27.1% of current listings have seen a price cut. For sellers, this combination suggests a shift toward a slower market where pricing strategy and condition matter more than they did a year ago.

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