The median home sale price in Nashville fell by 1.5% in January compared to the same time last year, while national prices rose by 1.3%.
Nashville home sale prices continue to soften
The median home price in Nashville fell by 1.5% in the year ending January, marking the third consecutive month of price appreciation declines as compared to the same time a year ago. Home prices in January were $452,000, the lowest level in 16 months. Despite the decrease, Nashville ranked 15th out of the top 40 U.S. markets for home sale price in January.
Nashville single-family home prices post steepest decline among property types
Nashville single-family home prices fell in January, slipping -1.8% in the past 12 months to $481,000. At the same time, townhome prices jumped by 10.6% to $365,000. Condo prices remained flat over the same period at $350,000.
Regional differences continued: price appreciation is strongest in the Northeast and Midwest
Only three of the 40 largest markets—relatively affordable Northeastern cities—saw year-over-year price appreciation exceeding 7%: Philadelphia, Detroit, and Cleveland. Conversely, results among many major Southeast markets remain weak, with Raleigh (-4.3%), Nashville (-1.5%), Jacksonville (-0.8%), and Atlanta (-0.2%).
For questions and commentary about this report:
Toby Jorgensen, Senior Director of Market Analytics at Homes.com, based in Nashville, is available for interviews to provide expert insights on this data and the broader residential real estate market.
Toby Jorgensen
Senior Director of Market Analytics
Homes.com
Homes.com releases preliminary figures on housing trends on a monthly basis. Although these numbers may change slightly once all home sales are accounted for, they provide an early indication of home sale price appreciation in Nashville during January 2026.
Definition of Sale Prices
Median home price is the midpoint sale price of homes closed during each month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.
For most markets, geographical coverage consists of the Census-defined Core-Based Statistical Area (CBSA). Data for San Francisco, Los Angeles, Miami, and New York is at the Metropolitan Division level.
About the Homes.com Market Analytics Team
The Homes.com Market Analytics group is a team of experienced analysts embedded in nearly 30 markets across North America. These experts reside in and regularly visit the markets they cover, providing local expertise and a national perspective on all sectors of real estate: residential, office, industrial, retail, and multifamily.
About Homes.com Analytics Data
The Homes.com analytic data is compiled by the CoStar Analytics team, the largest and most experienced analytics team in the real estate industry. The team consists of over 50 economists, analysts, and data scientists, who collectively have more than 900 years of real estate experience and over 30 advanced degrees. Analysts on the team live in and around the markets they cover, enabling them to build deep local knowledge and unique insights.
The data set being used by the team is one of the most comprehensive and robust in the industry. It spans all 393 metropolitan markets, 542 micropolitan markets, and over 35,000 local neighborhoods in the U.S. The data set is sourced from almost 500 Multiple Listing Service (MLS) providers around the country, as well as public record data from each market, and is supplemented by proprietary data collected by CoStar's team of over 2,000 researchers. It includes a complete inventory of all homes in the U.S., including homes for sale, homes for rent, new construction homes, as well as sale comps and rent comps.