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12South Home Values and Market Report

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Report prepared by Mercergrouprealtors.com Mercer Group LLC

Market at a glance

Over the last 12 months, homes sold for 97.1% of list price in 37 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $1M Sold · $952K
$2.4M$1.9M$1.4M$900K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 2 sales in Apr. Last month: 0.

Where the market stands

All homes in this report, by status.

7homes
Active1 · 14%
Under contract1 · 14%
Sold (12 mo)5 · 71%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$4M
Under contract$3.75M
Sold$1.31M

Average days on market

Active17 days
Under contract52 days
Sold37 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 1
Average list price $3,995,000
Avg. days on market 17 days
Avg. price per ft² $850
Avg. living area 4,700 ft²
Avg. beds / baths 5.0 / 7.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$6M$4M$2M$0

Price vs. living area: 1 home plotted, up to $6M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 1 home in this status.

1111 Montrose Ave$850

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1111 Montrose AveNashville, TN 37204 574,700$3,995,000$85017 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.