Nashville home sales, inventory, and prices rise as population growth persists
The housing market in Nashville saw year-over-year increases in home sales, inventory, and median sale price, as population growth continued. According to the U.S. Census Bureau, the population grew by 1.6% over the past year, ranking fifth among major markets nationwide, which helped drive a rise in home sales.
Nashville home sales increase as spring buying season kicks off
Home sales totaled 2,971 transactions in April, up 1.6% year over year, the 14th-highest year-over-year increase among the top 40 US markets. Many of Nashville's rapidly growing suburban areas, including Murfreesboro, Lebanon, and Mount Juliet, saw the highest sales volume. The growth was driven by single-family home sales, which grew by 2.8% since last April. The number of both condo and townhome sales fell 0.3% and 12.3%, respectively.
Nashville's active listings inventory jumps 17.8%, the most since 2019
Active listings rose 17.8% year over year, the 6th highest annual increase among the top 40 markets. The 13,724 homes listed for sale is the highest amount in Nashville since October, 2019. Suburban areas, including Murfreesboro, Lebanon, Gallatin, and Mount Juliet, have seen the highest volume of inventory. Single-family home listings increased 16.8% year-over-year, while condo listings saw the largest jump, increasing 23.9% over last April.
Nashville home sale prices see modest annual increase
Home prices in Nashville rose 1.1% in April, with an average sales price of $475,000. Nashville ranks 15th among the largest housing markets, outpacing other high-growth markets such as Phoenix, Raleigh, Charlotte, and Dallas. In Nashville, single-family home prices remained flat at an average of $500,000 year over year, while townhome and condo prices declined.
Nashville Sale Prices
The median home sale price in Nashville increased by 1.1% compared to the same time last year, while the national median price rose by 1.7%.
Nashville ranked 18th for annual median price change among the top 40 US markets
Nashville median home prices rose by $5,000 year over year on a nominal basis in April to $475,000. Meanwhile, the national median home price increased by $6,500 to $390,000.
Nashville's median home price is above the nation's
Nashville was the 15th highest-priced housing market among the top 40 largest markets last month. The Nashville median home price of $475,000 was 21.8% above the national median home price. Nashville's median home price in April compares to the market's peak of $485,000 recorded in October of 2025.
Nashville single-family prices were unchanged
The median price of Nashville single-family homes remained $500,000 over the past year, while the median townhome price declined 2.4%, and the median condo price fell 2.5%.
Nashville Inventory
The number of active listings in Nashville increased by 17.8% in April compared to the same time last year, while national active listings rose by 6.3%.
Nashville's inventory of homes for sale increases
Nashville active listings rose by 2,076 year over year in April to 13,724 active listings. Nashville ranked sixth, on a percentage basis, for the annual change in the number of homes for sale among the top 40 U.S. markets in April.
Nashville active listings are above their pre-pandemic levels
Nashville active listings were above their pre-pandemic levels in the month of April. Nashville active listings were 1.3% above the April 2019 total of 13,546.
Nashville single-family inventory grows
Nashville single-family active listings grew by 16.8% to 10,750 in April. In comparison, townhome active listings rose by 14.6% to 736, and condo active listings increased by 23.9% to 2,238.
Nashville Home Sales
The number of home sales in Nashville increased by 1.6% in April compared to the same time last year, while national home sales rose by 0.6%.
Nashville home sales increase
Nashville home sales increased by 47 year over year on a nominal basis in April to 2,971. For context, 2,924 sales closed in Nashville in April 2025.
Nashville's annual home sales activity change ranks 14th nationally
Nashville ranked 14th for the annual change in home sales out of the top 40 U.S. markets in April on a percentage basis. This year's April increase of 1.6% compares to the 2.3% year over year decrease in April 2025.
Single-family sales in Nashville are higher than a year ago
Nashville single-family sales increased by 2.8% in April to 2,492. In comparison, townhome sales fell by 12.3% to 135, and condo sales fell by 0.3% to 344.
For questions and commentary about this report:
Toby Jorgensen, Senior Director of Market Analytics at CoStar and Homes.com, 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 releases preliminary figures on housing trends on a monthly basis. Although these numbers may change slightly once all transactions are accounted for, they provide an early indication of home price appreciation, inventory changes, and sales volume in Nashville during April 2026.
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.
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.
Definition of Inventory
Inventory is the number of unique active listings that were for sale 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.
Definition of Home Sales
The total number of closed home sales on the MLS during the 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.
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.