42Alpha

Nashville, TN metro area Housing Market Brief

metro · TN · as of July 2026

Balanced

What is Nashville, TN metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
58
Inventory Health25%
16
Affordability20%
17
Economic Strength20%
98
Rental Yield15%
26

Where is Nashville, TN metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Nashville, TN metro area is classified as Mature holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Nashville, TN metro area?

Our model forecasts Nashville, TN metro area’s home prices to rise about 2.8% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Nashville, TN metro area housing market data

MetricValueYoY
Median Sale Price$487K▲ +3.8%
Median Days on Market53 days▲ +1.9%
Months of Supply4.4-7.3%
Homes for Sale13,618▲ +8.6%
Homes Sold3,078▲ +14.7%
Median Price / Sq Ft$247▲ +2.5%

How has Nashville, TN metro area’s Alpha Score moved?

Now: 42
12-period trend
Median sale price · 12 mo

Markets like Nashville, TN metro area

Frequently asked questions

Is Nashville, TN metro area a buyer's or seller's market?

As of July 2026, Nashville, TN metro area is classified as a Balanced Market, based on its Alpha Score of 42 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Nashville, TN metro area?

The median sale price in Nashville, TN metro area is $487K, having risen 3.8% over the past year.

How affordable is Nashville, TN metro area?

Nashville, TN metro area scores 17 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Nashville, TN metro area's Alpha Score?

Nashville, TN metro area's strongest dimension is Economic Strength (98/100) and its weakest is Inventory Health (16/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Nashville, TN metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.