Nashville FHA Loan Rates, Closing Costs & Stats

NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN

FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

For additional requirements as defined by the FHA, click here.

Nashville's 253 lenders originated 7,785 FHA loans during 2024. The total origination value was $2,871,505,000, with an average FHA loan value of $368,851.

Nashville FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Nashville averaged 6.42% for the week of 2025-04-04, compared to the national average (all FHA variants) of 6.259% for the same period.

Nashville's average FHA mortgage closing costs are $9,985.

The average rate for the prior week (2025-03-28) was 6.42% and one month ago for the week of 2025-02-28, the average rate was 6.6%.

The average rate one year ago was 6.82%.

For refis of the same type during the week of 2025-04-04, the average rate was 6.17%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Nashville FHA Loan Lenders by Rates & Fees

The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Nashville level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 684 5.97% $16,127
QUICKEN LOANS, LLC 512 6.15% $14,815
CMG MORTGAGE, INC. 468 6.34% $16,597
NVR Mortgage Finance, Inc. 433 6.10% $11,088
LOANDEPOT.COM, LLC 288 5.72% $14,748
FIRST COMMUNITY MORTGAGE, INC. 258 6.25% $16,120
DHI MORTGAGE COMPANY, LTD. 175 5.18% $8,354
PENNYMAC LOAN SERVICES, LLC 151 6.01% $13,636
FREEDOM MORTGAGE CORPORATION 143 6.39% $13,917
CROSSCOUNTRY MORTGAGE, LLC 140 6.42% $15,573
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 136 6.35% $15,121
MOVEMENT MORTGAGE, LLC 132 6.31% $15,188
EAGLE HOME MORTGAGE, LLC 131 4.82% $13,380
SeaTrust Mortgage Company 126 6.32% $14,425
FirstBank 126 6.27% $14,484
VANDERBILT MORTGAGE AND FINANCE, INC. 91 5.81% $15,526
BROKER SOLUTIONS, INC. 88 6.62% $14,646
SWBC MORTGAGE CORPORATION 88 6.65% $8,966
Legacy Home Loans, LLC 86 6.27% $13,158
INSPIRE HOME LOANS INC. 86 5.23% $13,527
GUARANTEED RATE, INC. 75 6.16% $14,027
CHURCHILL MORTGAGE CORPORATION 70 6.41% $15,177
INTERLINC MORTGAGE SERVICES, LLC 68 6.33% $11,000
Ameris Bank 63 6.38% $13,633
The First National Bank of Middle Tennessee 60 6.18% $13,195
NEWREZ LLC 59 6.13% $14,294
AMERICAN PACIFIC MORTGAGE CORPORATION 58 6.52% $15,479
Mr. Cooper ( Nationstar Mortgage ) 57 6.40% $14,991
MORTGAGE INVESTORS GROUP, INC. 56 6.20% $13,415
LAKEVIEW LOAN SERVICING, LLC 56 6.17% $9,675
Pinnacle Bank 55 6.13% $12,489
Ixonia Bank 54 6.56% $14,393
CARDINAL FINANCIAL 53 6.42% $15,666
Equity Prime Mortgage LLC 52 6.65% $15,688
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 51 6.46% $13,261
PRIMARY RESIDENTIAL MORTGAGE, INC. 51 6.52% $10,085
Carrington Mortgage Services, LLC 50 6.20% $16,553
ISERVE RESIDENTIAL LENDING, LLC 50 6.56% $17,124
Paramount Residential Mortgage Group, Inc. 43 6.32% $16,239
MUTUAL OF OMAHA MORTGAGE, INC. 41 6.36% $18,681
ACOPIA, LLC 41 6.59% $15,436
HOMEAMERICAN MORTGAGE CORPORATION 38 5.14% $8,531
GARDNER FINANCIAL SERVICES, LTD. 35 6.08% $15,709
UNION HOME MORTGAGE CORP. 35 6.35% $14,742
GUILD MORTGAGE COMPANY 35 6.68% $16,993
PULTE MORTGAGE LLC 34 5.78% $9,215
RELIANCE FIRST CAPITAL, LLC 32 6.50% $14,872
Flagstar Bank, FSB 32 5.97% $12,759
STOCKTON MORTGAGE CORPORATION 32 6.54% $14,572
Bank of Tennessee 31 6.10% $12,378
Regions Bank 31 6.48% $11,793
MID AMERICA MORTGAGE, INC. 30 7.03% $7,787
PLANET HOME LENDING, LLC 29 6.07% $9,278
EUSTIS AND AMERICAN MORTGAGE COMPANY 29 6.55% $13,775
AmeriHome Mortgage Company, LLC 28 6.32% $9,852
VILLAGE CAPITAL MORTGAGE 27 6.43% $9,166
United Community Bank 27 6.45% $12,820
Old National Bank 26 6.06% $10,644
AMERISAVE MORTGAGE CORPORATION 25 5.82% $19,736
SUCCESS MORTGAGE PARTNERS, INC. 24 6.45% $12,484
SUN WEST MORTGAGE COMPANY, INC. 22 5.94% $20,421
Renasant Bank 21 6.04% $15,026
Century Mortgage Company DBA Century Lending Company 21 6.24% $14,156
T2 FINANCIAL LLC 21 5.83% $19,153
The Federal Savings Bank 20 6.35% $16,828
HOMESIDE FINANCIAL, LLC 20 6.26% $17,495
FIRST COLONY MORTGAGE CORPORATION 19 6.18% $14,258
U.S. Bank 19 6.34% $11,615
HOMEBRIDGE FINANCIAL SERVICES, INC. 19 6.07% $10,618
SOUTHWEST FUNDING, LP 19 6.76% $16,463
AMERICAN FINANCIAL RESOURCES, INC. 18 6.68% $13,861
BancorpSouth 18 6.09% $12,683
AMERICAN FINANCIAL NETWORK, INC. 17 6.40% $15,115
EVERETT FINANCIAL, INC. 16 6.75% $11,882
American Mortgage & Equity Consultants, Inc. 16 6.59% $15,802
Mortgage Research Center, LLC 16 6.27% $7,148
The Loan Store, Inc. 15 6.11% $16,598
JET HOMELOANS, LLC 15 5.84% $23,405
LOANPAL, LLC 14 5.65% $13,673
MILEND, INC. 14 6.30% $15,164
Legends Bank 14 6.16% $13,371
CANOPY MORTGAGE, LLC 13 6.16% $18,227
CASTLE & COOKE MORTGAGE, LLC 13 6.15% $14,461
EVANSVILLE TEACHERS 13 6.56% $10,008
Wilson Bank And Trust 13 6.35% $8,902
Franklin Loan Corporation 13 6.31% $16,858
TOWNE MORTGAGE COMPANY 13 6.53% $13,517
ROSS MORTGAGE CORPORATION 13 6.42% $12,452
COMPASS MORTGAGE, INC. 12 6.34% $13,205
Northpointe Bank 12 5.91% $14,807
PRIMELENDING, A PLAINSCAPITAL COMPANY 12 6.34% $13,854
Nations Lending Corporation 12 6.49% $14,171
Citizens Bank 11 5.98% $21,234
M/I FINANCIAL, LLC 11 5.16% $23,891
Texana Bank 11 6.14% $11,363
Plains Commerce Bank 10 6.10% $17,257
DAS Acquisition Company, LLC 10 6.69% $16,182
SUMMIT FUNDING, INC. 10 6.20% $19,655
CapStar Bank 10 6.53% $9,802
The Farmers Bank 10 6.11% $8,666
VERITAS FUNDING, LLC 10 6.24% $19,205
Fifth Third Bank 9 6.33% $13,508
COMMUNITY MORTGAGE CORPORATION 9 6.54% $11,674
First Horizon Bank 9 6.18% $13,453
TENNESSEE TRUST MORTGAGE, INC 9 6.26% $8,524
PLAZA HOME MORTGAGE, INC. 9 6.01% $17,974
LAND HOME FINANCIAL SERVICES, INC. 8 6.67% $14,514
Bell Bank 8 6.44% $13,009
BETTER MORTGAGE CORPORATION 8 5.61% $19,454
NFM, INC. 7 6.73% $14,023
AMERICAN FINANCING CORPORATION 7 5.75% $14,604
FLAT BRANCH MORTGAGE, INC. 7 6.09% $13,134
SECURITYNATIONAL MORTGAGE COMPANY 7 6.50% $12,067
V.I.P. MORTGAGE, INC. 7 5.86% $18,275
ZILLOW HOME LOANS, LLC 6 6.48% $13,015
Simmons Bank 6 6.48% $10,950
VAN DYK MORTGAGE CORPORATION 6 6.64% $6,111
UNITED NORTHERN MORTGAGE BANKERS LIMITED 6 6.15% $16,658
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 6 6.10% $15,769
TOP FLITE FINANCIAL, INC. 6 6.54% $20,879
PREMIER MORTGAGE RESOURCES, L.L.C. 6 6.15% $15,206
UNITED MORTGAGE CORP 6 6.40% $17,679
ServisFirst Bank 5 6.38% $15,724
KELLEY MORTGAGE, LLC 5 6.15% $6,212
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 5 6.65% $12,731
GERSHMAN INVESTMENT CORP. 5 6.08% $11,198
MORTGAGE SOLUTIONS OF COLORADO, LLC 5 6.85% $14,640
JPMorgan Chase Bank 5 6.50% $12,420
JLB CORPORATION 5 5.90% $12,395
REDSTONE Federal Credit Union 5 5.93% $11,713
DELMAR FINANCIAL COMPANY 5 6.20% $10,720
FIRST CONTINENTAL MORTGAGE, LTD. 5 6.70% $12,848
OCMBC, INC. 5 7.40% $16,308
TJC Mortgage, Inc. 4 6.38% $14,328
JMAC LENDING, INC. 4 6.41% $17,970
PHH Mortgage Corporation 4 6.06% $11,960
BAY-VALLEY MORTGAGE GROUP 4 6.22% $12,879
BAY EQUITY LLC 4 6.53% $11,173
ENDEAVOR CAPITAL, LLC. 4 6.50% $10,414
FIRST EQUITY MORTGAGE INCORPORATED 4 5.91% $16,124
BANKSOUTH MORTGAGE COMPANY, LLC 4 6.16% $15,859
Bank of America 4 6.34% $14,800
Prosperity Home Mortgage, LLC 4 5.69% $17,757
OCEANSIDE MORTGAGE COMPANY 4 5.69% $5,889
Truist 4 6.43% $11,481
AMERICAN PORTFOLIO MORTGAGE CORPORATION 4 6.03% $19,392
Vellum Mortgage, Inc. 4 6.69% $13,050
Wells Fargo Bank 4 5.72% $21,890
Commerce Home Mortgage, Inc. 3 6.50% $13,450
ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 6.50% $14,081
GENEVA FINANCIAL, LLC 3 7.00% $20,604
Sierra Pacific Mortgage Company, Inc. 3 6.04% $12,016
AmRes Corporation 3 6.63% $12,037
EMM LOANS LLC 3 5.99% $15,313
NATIONS RELIABLE LENDING, LLC 3 6.71% $11,391
PNC Bank 3 6.63% $11,136
SIRVA MORTGAGE, INC. 3 6.58% $9,665
M&T Bank 3 7.00% $9,912
Strong Home Mortgage, LLC 3 6.00% $13,328
SENTE MORTGAGE, INC. 3 6.67% $12,720
Pacific Lending LLC 3 6.17% $17,759
Alcova Mortgage LLC 3 6.54% $8,930
Semper Home Loans, Inc. 3 6.83% $22,290
COMMUNITY MORTGAGE, LLC 3 6.75% $9,166
NBKC BANK 3 5.96% $9,600
LADERA LENDING, INC. 3 5.79% $13,399
MICHIGAN MUTUAL, INC. 3 5.33% $26,285
RESIDENTIAL WHOLESALE MORTGAGE, INC. 2 6.56% $20,237
RUOFF MORTGAGE COMPANY, INC. 2 6.50% $6,795
Midwest BankCentre 2 6.25% $10,797
NEW DAY FINANCIAL, LLC 2 7.19% $5,939
SmartBank 2 6.44% $15,410
SOUTH CENTRAL BANK, INC. 2 5.63% $12,532
South State Bank 2 5.81% $19,337
INTELLILOAN, INC. 2 6.13% $5,882
City Lending Inc. 2 7.50% $13,457
CALCON MUTUAL MORTGAGE LLC 2 6.88% $15,612
Sunflower Bank 2 6.06% $10,131
NEXERA HOLDING LLC 2 5.88% $9,139
GUARANTEED RATE AFFINITY, LLC 2 6.13% $16,422
FIRST ALLIANCE HOME MORTGAGE, LLC 2 5.56% $23,095
ON Q FINANCIAL, INC. 2 6.56% $12,106
UNITED HOME LOANS, INC. 2 6.00% $16,262
ONY GLO, INC. 2 6.25% $21,028
AHL FUNDING 2 6.63% $14,308
OPEN MORTGAGE, LLC 2 6.06% $13,791
FirstTrust Home Loans, Inc. 2 6.00% $18,678
PENTAGON FEDERAL CREDIT UNION 2 6.19% $9,995
Hometown Equity Mortgage, LLC 2 5.88% $21,043
Evolve Bank & Trust 2 6.13% $12,602
INTERCOASTAL MORTGAGE COMPANY 2 5.81% $15,298
NATIONS DIRECT MORTGAGE, LLC 2 6.25% $19,014
POLARIS HOME FUNDING CORP. 2 6.94% $17,593
PREMIA MORTGAGE, LLC 2 5.94% $7,945
INTERCAP LENDING INC. 2 6.31% $15,993
RANLIFE, INC. 2 6.31% $14,152
CORNERSTONE HOME LENDING, INC. 2 5.81% $22,707
Leaders Credit Union 2 6.44% $12,734
ARIZONA 1 6.38% $29,541
J. VIRGIL, INC. 1 6.25% $13,125
LEADERONE FINANCIAL CORPORATION 1 6.25% $14,156
HOMEXPRESS MORTGAGE CORP. 1 6.38% $7,886
LIBERTY HOME MORTGAGE CORPORATION 1 7.38% $14,992
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 5.88% $25,838
Magnolia Bank 1 6.13% $7,664
Meridian Bank Corporation 1 6.50% $15,864
Home Mortgage Alliance Corp 1 6.25% $15,228
Midwest Mortgage Associates Corporation 1 6.13% $12,275
HALLMARK HOME MORTGAGE, LLC 1 5.75% $16,996
MORTGAGEONE, INC. 1 6.75% $12,045
FIRST HOME MORTGAGE CORPORATION 1 6.75% $13,510
MYCUMORTGAGE, LLC 1 6.50% $12,368
First Financial Bank 1 6.75% $15,508
NATIONWIDE MORTGAGE BANKERS, INC. 1 7.25% $13,285
NBH Bank 1 6.25% $8,916
NETWORK CAPITAL FUNDING CORPORATION 1 7.25% $19,481
Network Funding, L.P. 1 6.75% $20,630
First Federal Bank 1 6.25% $9,839
NexBank 1 6.25% $16,253
1ST SIGNATURE LENDING, LLC 1 6.13% $24,039
NORWICH COMMERCIAL GROUP, INC. 1 6.25% $6,412
NP, Inc. 1 7.63% $15,248
Orion Federal Credit Union 1 5.38% $14,391
PANORAMA MORTGAGE GROUP, LLC 1 5.75% $11,821
FCB Banks 1 6.50% $8,249
FBC MORTGAGE, LLC 1 4.99% $11,497
Peoples Bank 1 6.75% $12,056
PILGRIM MORTGAGE LLC 1 6.63% $15,487
ENVOY MORTGAGE, LTD 1 6.63% $18,505
ENCORE BANK 1 6.63% $8,769
Presidential Bank, FSB 1 6.25% $23,617
Encompass Lending Group, LP 1 6.75% $19,798
EMBRACE HOME LOANS, INC. 1 5.25% $16,343
DIRECT MORTGAGE LOANS, LLC 1 6.13% $12,284
Cornerstone First Mortgage, Inc 1 6.13% $12,491
Republic Bank & Trust Company 1 4.88% $17,466
Community Bank of Mississippi 1 6.75% $7,481
Wolfe Financial, Inc 1 6.63% $16,891
SOUTHWEST STAGE FUNDING, LLC 1 7.00% $14,708
Capital City Home Loans, LLC 1 7.13% $13,448
BM Real Estate Services, Inc. 1 8.25% $24,319
BAYSHORE MORTGAGE FUNDING, LLC 1 5.99% $12,057
Barrington Bank & Trust Company, N.A. 1 6.25% $16,107
Bank of England 1 6.25% $15,064
ASCEND FEDERAL CREDIT UNION 1 6.13% $4,238
THE MORTGAGE LINK, INC. 1 6.75% $34,884
The Union Bank Company 1 5.75% $9,665
TIDEWATER MORTGAGE SERVICES, INC. 1 5.75% $16,679
Total Media Management, LLC 1 7.13% $14,153
JMJ FINANCIAL GROUP 1 6.13% $13,421
ALLIED MORTGAGE GROUP, INC. 1 6.75% $15,614
Watermark Capital, Inc. 1 5.63% $14,710
ADVISA MORTGAGE SERVICES, LTD. 1 6.75% $18,000

The top Nashville FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 684 FHA loans originated. Their average total fees are $16,127, which is $1,312 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Nashville FHA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($7,148), MID AMERICA MORTGAGE, INC. ($7,787), DHI MORTGAGE COMPANY, LTD. ($8,354), HOMEAMERICAN MORTGAGE CORPORATION ($8,531) and The Farmers Bank ($8,666).

The lowest rate Nashville FHA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (4.82%), HOMEAMERICAN MORTGAGE CORPORATION (5.14%), M/I FINANCIAL, LLC (5.16%), DHI MORTGAGE COMPANY, LTD. (5.18%) and INSPIRE HOME LOANS INC. (5.23%).

Nashville FHA Loan Limits

Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN CANNON 2022 $694,600 $889,200 $1,074,850 $1,335,800
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN CHEATHAM 2022 $694,600 $889,200 $1,074,850 $1,335,800
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN DAVIDSON 2022 $694,600 $889,200 $1,074,850 $1,335,800
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN DICKSON 2022 $694,600 $889,200 $1,074,850 $1,335,800
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN MACON 2022 $694,600 $889,200 $1,074,850 $1,335,800
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN MAURY 2022 $694,600 $889,200 $1,074,850 $1,335,800
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN ROBERTSON 2022 $694,600 $889,200 $1,074,850 $1,335,800
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN RUTHERFORD 2022 $694,600 $889,200 $1,074,850 $1,335,800
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN SMITH 2022 $694,600 $889,200 $1,074,850 $1,335,800
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN SUMNER 2022 $694,600 $889,200 $1,074,850 $1,335,800
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN TROUSDALE 2022 $694,600 $889,200 $1,074,850 $1,335,800
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN WILLIAMSON 2022 $694,600 $889,200 $1,074,850 $1,335,800
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN WILSON 2022 $694,600 $889,200 $1,074,850 $1,335,800
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN CANNON 2023 $890,100 $1,139,500 $1,377,400 $1,711,750
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN CHEATHAM 2023 $890,100 $1,139,500 $1,377,400 $1,711,750
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN DAVIDSON 2023 $890,100 $1,139,500 $1,377,400 $1,711,750
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN DICKSON 2023 $890,100 $1,139,500 $1,377,400 $1,711,750
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN MACON 2023 $890,100 $1,139,500 $1,377,400 $1,711,750
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN MAURY 2023 $890,100 $1,139,500 $1,377,400 $1,711,750
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN ROBERTSON 2023 $890,100 $1,139,500 $1,377,400 $1,711,750
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN RUTHERFORD 2023 $890,100 $1,139,500 $1,377,400 $1,711,750
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN SMITH 2023 $890,100 $1,139,500 $1,377,400 $1,711,750
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN SUMNER 2023 $890,100 $1,139,500 $1,377,400 $1,711,750
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN TROUSDALE 2023 $890,100 $1,139,500 $1,377,400 $1,711,750
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN WILLIAMSON 2023 $890,100 $1,139,500 $1,377,400 $1,711,750
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN WILSON 2023 $890,100 $1,139,500 $1,377,400 $1,711,750

Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Nashville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $381,423 (12.3%) $527,800 (12.0%) 1.41 5,943
2018-02-01 $379,986 (10.1%) $524,171 (9.9%) 1.38 5,956
2018-03-01 $384,900 (9.9%) $532,461 (9.6%) 1.35 5,977
2018-04-01 $387,000 (9.0%) $538,072 (8.4%) 1.31 6,369
2018-05-01 $384,900 (-1.3%) $536,123 (-4.9%) 1.29 6,893
2018-06-01 $378,900 (-2.8%) $530,166 (-5.4%) 1.26 7,401
2018-07-01 $372,022 (-3.4%) $524,987 (-4.6%) 1.24 7,972
2018-08-01 $368,700 (-4.7%) $517,600 (-4.6%) 1.24 8,205
2018-09-01 $364,900 (-6.0%) $507,930 (-5.7%) 1.23 8,850
2018-10-01 $359,450 (-5.7%) $503,894 (-5.1%) 1.22 9,209
2018-11-01 $353,000 (-7.1%) $501,127 (-5.0%) 1.20 9,137
2018-12-01 $355,000 (-6.6%) $504,037 (-4.9%) 1.22 8,520
2019-01-01 $355,765 (-6.7%) $502,972 (-4.7%) 1.23 8,044
2019-02-01 $359,250 (-5.5%) $506,345 (-3.4%) 1.21 7,816
2019-03-01 $364,186 (-5.4%) $520,264 (-2.3%) 1.19 7,618
2019-04-01 $369,900 (-4.4%) $532,050 (-1.1%) 1.17 7,551
2019-05-01 $372,900 (-3.1%) $537,888 (0.3%) 1.17 7,836
2019-06-01 $375,900 (-0.8%) $546,541 (3.1%) 1.17 7,841
2019-07-01 $374,950 (0.8%) $543,749 (3.6%) 1.17 7,939
2019-08-01 $373,609 (1.3%) $544,904 (5.3%) 1.18 7,902
2019-09-01 $371,523 (1.8%) $546,569 (7.6%) 1.19 7,839
2019-10-01 $369,900 (2.9%) $545,787 (8.3%) 1.19 7,874
2019-11-01 $369,000 (4.5%) $543,453 (8.5%) 1.21 7,748
2019-12-01 $366,230 (3.2%) $540,356 (7.2%) 1.22 7,161
2020-01-01 $365,400 (2.7%) $538,341 (7.0%) 1.22 6,445
2020-02-01 $369,000 (2.7%) $543,419 (7.3%) 1.21 5,987
2020-03-01 $376,475 (3.4%) $547,876 (5.3%) 1.18 5,897
2020-04-01 $374,950 (1.4%) $536,906 (0.9%) 1.17 6,622
2020-05-01 $385,000 (3.2%) $558,168 (3.8%) 1.17 6,609
2020-06-01 $391,445 (4.1%) $577,358 (5.6%) 1.15 6,127
2020-07-01 $391,820 (4.5%) $589,179 (8.4%) 1.14 6,123
2020-08-01 $394,900 (5.7%) $608,088 (11.6%) 1.13 5,381
2020-09-01 $399,694 (7.6%) $604,219 (10.6%) 1.15 4,847
2020-10-01 $399,900 (8.1%) $618,071 (13.2%) 1.15 4,562
2020-11-01 $397,173 (7.6%) $619,026 (13.9%) 1.16 4,203
2020-12-01 $394,950 (7.8%) $622,948 (15.3%) 1.17 3,724
2021-01-01 $391,990 (7.3%) $621,941 (15.5%) 1.17 3,160
2021-02-01 $396,050 (7.3%) $649,479 (19.5%) 1.15 2,519
2021-03-01 $399,900 (6.2%) $661,310 (20.7%) 1.13 2,231
2021-04-01 $409,950 (9.3%) $688,509 (28.2%) 1.11 2,067
2021-05-01 $410,950 (6.7%) $720,270 (29.0%) 1.09 2,010
2021-06-01 $427,450 (9.2%) $755,104 (30.8%) 1.13 2,157
2021-07-01 $445,000 (13.6%) $776,424 (31.8%) 1.17 2,596
2021-08-01 $439,900 (11.4%) $762,398 (25.4%) 1.17 2,710
2021-09-01 $443,684 (11.0%) $765,794 (26.7%) 1.18 2,858
2021-10-01 $454,900 (13.8%) $777,134 (25.7%) 1.21 2,921
2021-11-01 $459,200 (15.6%) $791,116 (27.8%) 1.23 2,600
2021-12-01 $459,425 (16.3%) $823,463 (32.2%) 1.24 2,070
2022-01-01 $453,000 (15.6%) $837,731 (34.7%) 1.22 1,658
2022-02-01 $472,000 (19.2%) $829,653 (27.7%) 1.23 1,551
2022-03-01 $499,900 (25.0%) $868,952 (31.4%) 1.25 1,631
2022-04-01 $525,000 (28.1%) $898,015 (30.4%) 1.25 2,004
2022-05-01 $549,800 (33.8%) $916,169 (27.2%) 1.26 2,737
2022-06-01 $561,468 (31.4%) $883,034 (16.9%) 1.25 3,985
2022-07-01 $549,900 (23.6%) $845,494 (8.9%) 1.24 5,455
2022-08-01 $533,120 (21.2%) $809,714 (6.2%) 1.23 6,130
2022-09-01 $528,875 (19.2%) $814,162 (6.3%) 1.24 6,401
2022-10-01 $524,900 (15.4%) $814,361 (4.8%) 1.24 7,117
2022-11-01 $521,500 (13.6%) $804,063 (1.6%) 1.25 7,333
2022-12-01 $515,000 (12.1%) $803,745 (-2.4%) 1.27 6,691
2023-01-01 $505,450 (11.6%) $782,701 (-6.6%) 1.25 6,481
2023-02-01 $517,400 (9.6%) $796,171 (-4.0%) 1.25 6,124
2023-03-01 $527,450 (5.5%) $818,726 (-5.8%) 1.24 5,685
2023-04-01 $559,999 (6.7%) $864,024 (-3.8%) 1.30 5,794
2023-05-01 $579,539 (5.4%) $918,108 (0.2%) 1.31 6,086
2023-06-01 $589,945 (5.1%) $935,753 (6.0%) 1.33 6,466
2023-07-01 $590,000 (7.3%) $940,295 (11.2%) 1.34 6,639
2023-08-01 $582,450 (9.3%) $917,406 (13.3%) 1.34 6,882
2023-09-01 $575,000 (8.7%) $921,454 (13.2%) 1.34 6,934
2023-10-01 $572,400 (9.1%) $922,216 (13.2%) 1.35 7,042
2023-11-01 $561,942 (7.8%) $907,689 (12.9%) 1.34 7,390
2023-12-01 $555,000 (7.8%) $898,561 (11.8%) 1.35 6,971
2024-01-01 $559,450 (10.7%) $897,854 (14.7%) 1.37 6,170
2024-02-01 $559,900 (8.2%) $896,932 (12.7%) 1.35 5,952
2024-03-01 $555,400 (5.3%) $904,439 (10.5%) 1.31 6,204
2024-04-01 $572,495 (2.2%) $917,215 (6.2%) 1.33 6,776
2024-05-01 $581,870 (0.4%) $932,838 (1.6%) 1.32 7,168
2024-06-01 $574,900 (-2.6%) $908,690 (-2.9%) 1.31 7,751
2024-07-01 $564,500 (-4.3%) $899,409 (-4.4%) 1.29 8,398
2024-08-01 $550,000 (-5.6%) $882,864 (-3.8%) 1.28 8,610
2024-09-01 $545,450 (-5.1%) $860,543 (-6.6%) 1.28 9,052
2024-10-01 $541,200 (-5.5%) $854,097 (-7.4%) 1.27 9,119
2024-11-01 $539,900 (-3.9%) $848,753 (-6.5%) 1.30 9,540
2024-12-01 $537,058 (-3.2%) $847,505 (-5.7%) 1.33 8,170
2025-01-01 $525,000 (-6.2%) $843,216 (-6.1%) 1.31 7,595
2025-02-01 $529,450 (-5.4%) $836,470 (-6.7%) 1.29 7,784
2025-03-01 $535,000 (-3.7%) $836,897 (-7.5%) 0.00 8,142
Nashville's median listing price for 2025-03-01 was $535,000, a difference of $-20,400 (-3.7%) versus the prior year and $5,550 versus the prior month.

Nashville's median listing price comes in at 0% of the national average.

Nashville's average listing price for 2025-03-01 was $836,897, a difference of $-67,542 (-7.5%) versus the prior year and $427 versus the prior month.

For the 2025-03-01 period, Nashville had 8,142 MLS listings, a difference of 358 listings (5%) versus the prior month and 1,938 listings (31%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Nashville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 51 days 2,407 sqft
2018-02-01 39 days 2,401 sqft
2018-03-01 36 days 2,407 sqft
2018-04-01 33 days 2,408 sqft
2018-05-01 33 days 2,397 sqft
2018-06-01 34 days 2,395 sqft
2018-07-01 36 days 2,378 sqft
2018-08-01 37 days 2,337 sqft
2018-09-01 38 days 2,308 sqft
2018-10-01 42 days 2,285 sqft
2018-11-01 43 days 2,279 sqft
2018-12-01 50 days 2,285 sqft
2019-01-01 54 days 2,300 sqft
2019-02-01 44 days 2,302 sqft
2019-03-01 39 days 2,344 sqft
2019-04-01 34 days 2,391 sqft
2019-05-01 33 days 2,408 sqft
2019-06-01 36 days 2,413 sqft
2019-07-01 37 days 2,406 sqft
2019-08-01 37 days 2,398 sqft
2019-09-01 37 days 2,378 sqft
2019-10-01 37 days 2,355 sqft
2019-11-01 40 days 2,320 sqft
2019-12-01 46 days 2,312 sqft
2020-01-01 49 days 2,302 sqft
2020-02-01 36 days 2,305 sqft
2020-03-01 33 days 2,318 sqft
2020-04-01 35 days 2,302 sqft
2020-05-01 36 days 2,333 sqft
2020-06-01 33 days 2,330 sqft
2020-07-01 32 days 2,287 sqft
2020-08-01 31 days 2,236 sqft
2020-09-01 31 days 2,170 sqft
2020-10-01 30 days 2,120 sqft
2020-11-01 31 days 2,085 sqft
2020-12-01 36 days 2,054 sqft
2021-01-01 34 days 2,000 sqft
2021-02-01 25 days 1,993 sqft
2021-03-01 18 days 1,957 sqft
2021-04-01 16 days 1,946 sqft
2021-05-01 11 days 1,994 sqft
2021-06-01 12 days 1,980 sqft
2021-07-01 15 days 2,020 sqft
2021-08-01 16 days 2,025 sqft
2021-09-01 19 days 2,031 sqft
2021-10-01 19 days 2,050 sqft
2021-11-01 22 days 2,049 sqft
2021-12-01 28 days 2,048 sqft
2022-01-01 26 days 2,040 sqft
2022-02-01 15 days 2,036 sqft
2022-03-01 11 days 2,039 sqft
2022-04-01 11 days 2,103 sqft
2022-05-01 12 days 2,174 sqft
2022-06-01 15 days 2,239 sqft
2022-07-01 21 days 2,216 sqft
2022-08-01 27 days 2,210 sqft
2022-09-01 31 days 2,197 sqft
2022-10-01 31 days 2,193 sqft
2022-11-01 38 days 2,187 sqft
2022-12-01 48 days 2,193 sqft
2023-01-01 53 days 2,173 sqft
2023-02-01 38 days 2,180 sqft
2023-03-01 36 days 2,203 sqft
2023-04-01 32 days 2,248 sqft
2023-05-01 30 days 2,282 sqft
2023-06-01 34 days 2,301 sqft
2023-07-01 33 days 2,294 sqft
2023-08-01 37 days 2,279 sqft
2023-09-01 37 days 2,271 sqft
2023-10-01 37 days 2,256 sqft
2023-11-01 39 days 2,228 sqft
2023-12-01 44 days 2,207 sqft
2024-01-01 46 days 2,200 sqft
2024-02-01 39 days 2,188 sqft
2024-03-01 32 days 2,170 sqft
2024-04-01 31 days 2,177 sqft
2024-05-01 30 days 2,201 sqft
2024-06-01 32 days 2,191 sqft
2024-07-01 36 days 2,168 sqft
2024-08-01 38 days 2,151 sqft
2024-09-01 52 days 2,143 sqft
2024-10-01 54 days 2,135 sqft
2024-11-01 64 days 2,123 sqft
2024-12-01 66 days 2,099 sqft
2025-01-01 65 days 2,086 sqft
2025-02-01 55 days 2,085 sqft
2025-03-01 0 days 2,095 sqft
Nashville's median listing age (time on market) for 2025-03-01 was 0 days. This is -100% shorter than the same period one year ago.

Nashville's median square footage for active listings during the 2025-03-01 period was 2,095 sqft. One year prior, the average listing was 2,170 sqft.

FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).