Nashville Home Prices by ZIP Code: Where Values Rise Fastest

NeighborScore’s Zillow- and Redfin-sourced pricing data shows Nashville’s ZIP code 37201 (downtown/SoBro) posted the metro’s fastest home-price growth over the past 12 months, up 14.9% to a $579,450 median — even as one North Nashville ZIP code, 37218, saw prices fall 9.8% over the same period.

NeighborScore’s price history blends two sources: median home values from Zillow’s Home Value Index (ZHVI), a repeat-sales-adjusted index rather than a simple listing average, and days-on-market and sale-to-list figures from Redfin brokerage transaction data. Together they show not just where prices moved, but how competitive each ZIP code’s market actually is.

Nashville’s Fastest-Rising ZIP Codes

Ranked by 12-month median-price growth:

1. 37201 (Downtown / SoBro): +14.9% to $579,450. The tightest market in this list — a median 39 days on market at 95.2% of asking price. See the 37201 profile.
2. 37215 (Forest Hills / Green Hills): +13.8% to $1,350,000 — also Nashville’s highest-rated ZIP code overall on NeighborScore, at 43 out of 100. See the 37215 profile.
3. 37209 (The Nations / Sylvan Park): +9.6% to $620,000.
4. 37211 (South Nashville / Berry Hill): +8.0% to $446,000 — the most affordable ZIP code in this sample. See the 37211 profile.

Four different price tiers — from under $450,000 in 37211 to $1.35 million in 37215 — are all rising at once, which suggests demand is broad-based across Nashville’s price range rather than concentrated in one segment of the market.

Where Nashville Home Prices Are Cooling

37218 (Bordeaux / North Nashville): the only ZIP code in this sample with falling prices, down 9.8% over 12 months to a $339,000 median. It also took the longest to sell — a median 84 days on market — and closed at just 94.3% of list price, the steepest discount from asking in the group. 37218 carries Nashville’s lowest overall NeighborScore rating too, at 28 out of 100, with a school score of 31. See the 37218 profile.

37206 (East Nashville): essentially flat, up just 1.9% to a $642,250 median with a 50-day median time on market — a market holding steady rather than cooling outright.

What Days on Market and Sale-to-List Ratios Reveal

Price growth alone doesn’t capture how competitive a ZIP code’s market is. Days on market and the sale-to-list ratio (the closing price as a percentage of the final asking price) show demand intensity independent of price level. 37201 sold fastest and closest to asking of any ZIP in this sample; 37218 sold slowest and at the deepest discount — the same ZIP code posting the only price decline. When days on market rises and sale-to-list falls together, it’s an earlier signal of a cooling market than the median price alone.

Across all six ZIP codes, days on market ranges from 39 (37201) to 84 (37218) — more than double — while sale-to-list ratios span from 94.3% (37218) up to 97.9% (37211). The pattern holds together: every ZIP code still appreciating in this sample sold in 75 days or fewer and within roughly 3% of its final asking price; the one ZIP code losing value took the longest to sell and closed furthest below list.

This isn’t just a Nashville-specific price story — it lines up with NeighborScore’s broader rating data for the metro. Nashville’s citywide average overall score is 41 out of 100, well below Tennessee’s statewide average of 58 and the national average of 62. ZIP codes like 37201 and 37215, where prices are climbing fastest, also carry Nashville’s highest overall NeighborScore ratings; 37218, the one ZIP code with falling prices, carries the metro’s lowest. Nashville-Davidson County’s population and housing-stock figures are tracked directly by the U.S. Census Bureau, for readers who want the underlying demographic context behind these price moves.

Bottom Line

Nashville’s home-price picture isn’t uniform: downtown and inner-ring ZIP codes like 37201 and 37215 are still climbing by double digits, while 37218 in North Nashville is the exception with a real year-over-year decline. Days-on-market and sale-to-list data back up the price trend in both directions, and the pattern tracks NeighborScore’s underlying overall ratings for the same ZIP codes. For more ZIP-level price data, see the best-value ZIP codes in America or browse the full guide index on NeighborScore.