The market · East Nashville

East Nashville housing market, May 2023

Single-family homes inside the East Nashville map area in the RealTracs MLS. This page is built from RealTracs’ five-year monthly file as reported on October 28, 2026; the change column is worked out from that file. The live East Nashville page has the current month, the map and every data set.

$668,000
median sale price
$611,000 a year earlier · +9.3%
94
homes sold
132 in May 2022 · −28.8%
3.58
months of supply
1.19 in May 2022 · +200.8% · favors sellers
17
average days on market
9 in May 2022 · +88.9%
211
new listings
197 in May 2022 · +7.1%
East Nashville closed 94 single-family sales in May 2023, −28.8% from 132 in May 2022. The median sale price was $668,000, +9.3% from $611,000 a year earlier. Buyers had 242 homes to choose from on average (81 a year ago), and months of supply stood at 3.58 — favors sellers by the usual four-to-six-month rule of thumb. Homes that sold had averaged 17 days on market (a fast pace); 211 new listings came on against 197 a year earlier.

Written from the figures on this page by fixed sentences. No forecasts.

May 2023 vs. May 2022

The month, number by number

Every figure RealTracs reports for the month, against the same month a year earlier. Pick a row and the bars show that measure for May in every year on file; the link under them opens its full history on the live page.

East Nashville, May 2023 against May 2022
MeasureMay 2022May 2023Change
13294−28.8%
$611,000$668,000+9.3%
$640,061$703,105+9.8%
$359$349−2.8%
917+88.9%
197211+7.1%
135103−23.7%
81242+198.8%
170148−12.9%
251390+55.4%
1.193.58+200.8%
$718,369$739,663+3.0%
103.77%100%−3.6%
2530+20.0%
3029−3.3%
6562−4.6%

Change is worked out here from the two monthly figures in RealTracs’ five-year file.

More tables for May 2023: the last twelve months, this month in every year, the rolling basis
Month by month, monthly figures
MonthSoldMedian sale priceMedian $/sq ftNew listingsFor sale (avg)Months of supplyAvg days on market
May 202394$668,000$3492112423.5817
April 2023105$615,000$3272832122.8729
March 2023104$612,450$3371901712.4826
February 202380$565,000$3261221743.335
January 202366$597,000$3381552044.0235
December 202287$540,000$319912403.5727
November 202273$590,000$3291152694.6520
October 202279$585,000$3311922504.0517
September 202293$593,000$3441842143.114
August 2022130$640,000$3451931892.1310
July 2022103$623,000$3592081682.56
June 2022139$610,000$3662071341.527

Every figure as RealTracs reports it for that month.

May, year by year
MonthSoldMedian sale priceMedian $/sq ftNew listingsFor sale (avg)Months of supplyAvg days on market
May 202394$668,000$3492112423.5817
May 2022132$611,000$359197811.199

The same calendar month in every year the five-year file covers — the comparison behind the “earlier years” sentence above.

May 2023 on a rolling basis
MeasureMonthly3-month rolling6-month rolling12-month rolling3-month, May 202212-month, May 2022
Median sale price$668,000$625,000$602,000$605,000$610,000$535,000
Median sale price per sq ft$349$333$331$341$352$311
Months of supply3.582.963.242.971.061.23
Average days on market, homes sold17242819710
Homes sold (per month)941018996135141

RealTracs’ own rolling figures: each is worked out over the sales of the last 3, 6 or 12 months, not averaged from the monthly numbers. A rolling count is the average per month. These are the figures the page quotes when a month has fewer than 10 sales.

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Questions

East Nashville in May 2023

Were home prices in East Nashville dropping in May 2023?
No — up. The median sale price was $668,000 in May 2023, +9.3% from $611,000 a year earlier.
Was East Nashville a buyer’s or a seller’s market in May 2023?
A seller’s market, by the usual rule: 3.58 months of supply in May 2023 (under four favors sellers, over six favors buyers), against 1.19 a year earlier.
How fast were homes selling in East Nashville in May 2023?
Homes that sold in May 2023 had been on the market 17 days on average, a fast pace; from listing to closing took 62 days on average.
How this page is built
Every figure is read from RealTracs’ own export for the East Nashville map area — the Snapshot report for the month and the five-year Timeline files for all eight data sets, monthly and 3-, 6- and 12-month rolling. Files are kept as downloaded, with a manifest of download names and checksums, so any number here can be traced to its file. The only arithmetic on the page is labelled where it appears: a change worked out from two monthly figures, and the ranges in the “earlier years” sentence. Months with fewer than 10 sales are flagged as small samples and their price figures switch to RealTracs’ rolling medians. The summary and the questions are filled from fixed sentences — no forecasts, no advice. “Favors sellers / balanced / favors buyers” follows the usual rule of thumb for months of supply: under four, four to six, over six. Days on market: under 30 is called a fast pace, over 60 slow.

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Source: RealTracs MLS, Analytics → Market Trends, the East Nashville map area (saved in RealTracs as “East- Whole”), residential single-family. Report dated October 28, 2026. Based on information from Realtracs® for the period May 1, 2022 through September 30, 2026. © 2026 Realtracs, Inc.