Nashville VA Loan Rates, Closing Costs & Stats

NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN

A VA loan is a mortgage loan that’s backed by the Department of Veterans Affairs (VA) for those who have served or are presently serving in the U.S. military. The VA does not directly lend, it guarantees the loans made by private lenders to veterans, active military personnel, and qualifying military spouses.

The most obvious benefit of VA loans is that no downpayment is necessary to purchase a home. They will also typically have significantly lower fees-- meaning that if you're eligible to receive a VA loan, it will likely be the most favorable option. VA loans come in 3 varities: purchase, refinance and cash out refis.

For additional benefits of VA loans, click here.

Nashville's 273 lenders originated 8,077 VA loans during 2021. The total origination value was $2,675,265,000, with an average VA loan value of $331,220.

Nashville VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Nashville averaged 0.52% for the week of 2022-11-25, compared to the national average (all VA variants) of 0% for the same period.

Nashville's average VA mortgage closing costs are $6,080.

The average rate for the prior week (2022-11-18) was 6.71% and one month ago for the week of 2022-10-21, the average rate was 7.06%.

The average rate one year ago was 3.54%.

For refis of the same type during the week of 2022-11-25, the average rate was 0.02%.

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

Nashville VA Loan Lenders by Rates & Fees

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

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
QUICKEN LOANS, LLC 601 2.45% $5,989
Mortgage Research Center, LLC 533 2.79% $6,755
FREEDOM MORTGAGE CORPORATION 532 2.43% $3,492
PENNYMAC LOAN SERVICES, LLC 413 2.39% $6,282
LOANDEPOT.COM, LLC 326 2.60% $6,605
UNITED WHOLESALE MORTGAGE, LLC 235 2.50% $6,297
FIRST COMMUNITY MORTGAGE, INC. 164 2.75% $6,532
NEW DAY FINANCIAL, LLC 164 2.81% $8,208
USAA Federal Savings Bank 150 2.87% $4,082
LAKEVIEW LOAN SERVICING, LLC 147 2.44% $2,590
NAVY FEDERAL CREDIT UNION 143 2.49% $5,885
VILLAGE CAPITAL MORTGAGE 133 2.30% $3,845
CMG MORTGAGE, INC. 129 2.94% $11,752
HOME POINT FINANCIAL CORPORATION 116 2.41% $5,797
CLEARPATH LENDING 107 2.30% $4,986
CALIBER HOME LOANS, INC. 106 2.53% $4,393
Mr. Cooper ( Nationstar Mortgage ) 102 2.75% $4,810
The Federal Savings Bank 99 2.54% $7,643
FirstBank 83 2.73% $6,581
F&M Bank 68 2.42% $6,924
PLANET HOME LENDING, LLC 62 2.43% $3,701
SWBC MORTGAGE CORPORATION 61 2.96% $6,576
Carrington Mortgage Services, LLC 60 3.15% $6,976
First Horizon Bank 59 2.65% $7,178
Wells Fargo Bank 58 2.50% $5,007
MOVEMENT MORTGAGE, LLC 54 2.85% $6,299
CROSSCOUNTRY MORTGAGE, LLC 54 2.98% $9,205
NEWREZ LLC 54 2.72% $3,603
DHI MORTGAGE COMPANY, LTD. 50 2.63% $7,486
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 50 2.76% $9,065
CHURCHILL MORTGAGE CORPORATION 48 2.53% $7,382
PRIMARY RESIDENTIAL MORTGAGE, INC. 47 3.19% $8,136
BROKER SOLUTIONS, INC. 44 2.72% $6,541
GUILD MORTGAGE COMPANY 44 2.53% $5,518
NVR Mortgage Finance, Inc. 44 2.84% $5,635
Pinnacle Bank 44 2.46% $9,617
AMERISAVE MORTGAGE CORPORATION 43 2.55% $8,534
ARK-LA-TEX FINANCIAL SERVICES, LLC. 42 2.88% $9,311
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 42 2.87% $8,500
CapStar Bank 42 2.54% $8,023
MORTGAGE INVESTORS GROUP, INC. 41 2.78% $6,942
AMERICAN PACIFIC MORTGAGE CORPORATION 38 3.03% $8,790
PENTAGON FEDERAL CREDIT UNION 38 2.37% $2,634
First Guaranty Mortgage Corporation 37 2.47% $4,649
INTERLINC MORTGAGE SERVICES, LLC 35 3.10% $7,776
GUARANTEED RATE, INC. 35 2.73% $7,807
MUTUAL OF OMAHA MORTGAGE, INC. 34 2.53% $6,075
Ameris Bank 33 2.70% $8,578
The First National Bank of Middle Tennessee 33 2.56% $6,678
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 33 2.82% $7,044
VANDERBILT MORTGAGE AND FINANCE, INC. 33 2.92% $6,048
North American Savings Bank, F.S.B. 31 2.43% $5,345
ACOPIA, LLC 30 3.04% $8,643
Flagstar Bank, FSB 30 2.62% $8,395
InterContinental Capital Group, Inc 29 2.32% $4,362
Low VA Rates, LLC 29 2.36% $4,254
NP, Inc. 27 2.36% $3,759
Barrington Bank & Trust Company, N.A. 26 2.75% $5,024
ASCEND FEDERAL CREDIT UNION 25 2.42% $6,561
U.S. Bank 25 2.68% $4,208
NBKC BANK 24 2.49% $5,330
EAGLE HOME MORTGAGE, LLC 24 2.98% $8,096
Wilson Bank And Trust 24 2.80% $5,817
BNC National Bank 23 2.31% $6,898
Legacy Home Loans, LLC 22 2.75% $9,493
SUN WEST MORTGAGE COMPANY, INC. 21 2.27% $3,377
Bank of England 20 2.74% $5,179
Mid-Continent Funding, Inc. 20 2.67% $7,119
AMERICAN FINANCIAL NETWORK, INC. 20 2.61% $7,806
DAS Acquisition Company, LLC 19 2.77% $5,968
ACCELERATE MORTGAGE, LLC 19 2.18% $6,222
Austin Capital Bank SSB 18 2.84% $4,165
INSPIRE HOME LOANS INC. 18 2.86% $9,612
Bank of Tennessee 18 2.69% $6,408
SOVEREIGN LENDING GROUP INCORPORATED 18 2.53% $7,137
Magnolia Bank 18 2.51% $7,824
SUCCESS MORTGAGE PARTNERS, INC. 17 3.04% $10,154
Renasant Bank 17 2.90% $6,424
Citizens Bank 17 2.66% $11,321
PULTE MORTGAGE LLC 16 2.84% $6,314
Nations Lending Corporation 16 2.80% $6,071
TJC Mortgage, Inc. 16 2.27% $4,038
Regions Bank 15 2.97% $7,994
THE MORTGAGE FIRM, INC. 15 3.10% $9,081
First Federal Bank 14 3.20% $14,694
Paramount Bank 13 2.63% $12,801
The Home Loan Expert LLC 13 2.61% $9,911
The Farmers Bank 13 2.40% $6,452
KS StateBank 12 2.28% $6,914
CONTOUR MORTGAGE CORPORATION 12 2.50% $5,325
EUSTIS AND AMERICAN MORTGAGE COMPANY 12 3.04% $7,021
RELIANCE FIRST CAPITAL, LLC 12 2.97% $10,460
Paramount Residential Mortgage Group, Inc. 11 2.91% $16,638
Colten Mortgage, LLC 11 3.07% $9,799
EVANSVILLE TEACHERS 11 2.72% $8,248
Prime Choice Funding Inc. 10 2.64% $3,433
MORTGAGE SOLUTIONS OF COLORADO, LLC 10 3.24% $6,662
ISERVE RESIDENTIAL LENDING, LLC 10 2.80% $12,069
PLAZA HOME MORTGAGE, INC. 10 2.75% $7,324
T2 FINANCIAL LLC 10 3.13% $8,589
A Mortgage Boutique, LLC 10 2.43% $6,081
GUARANTY HOME MORTGAGE CORPORATION 10 2.49% $5,619
HOMEBRIDGE FINANCIAL SERVICES, INC. 10 2.74% $5,330
SOUTHWEST FUNDING, LP 9 3.51% $11,219
The Central Trust Bank 9 2.56% $12,350
Truist 9 2.77% $3,294
AMCAP MORTGAGE, LTD. 9 3.03% $12,172
Wyndham Capital Mortgage, Inc. 9 2.26% $5,183
Legends Bank 8 2.73% $7,893
UNION HOME MORTGAGE CORP. 8 2.66% $6,330
Atlantic Union Bank 8 3.04% $9,704
AmeriHome Mortgage Company, LLC 8 2.75% $2,843
Northpointe Bank 7 2.84% $13,498
Commerce Home Mortgage, Inc. 7 2.70% $4,243
AmRes Corporation 7 2.63% $5,629
SHELTER LENDING SERVICES, L.L.C. 7 2.86% $4,027
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 7 3.03% $2,943
MID AMERICA MORTGAGE, INC. 7 2.25% $2,144
STOCKTON MORTGAGE CORPORATION 7 2.93% $6,166
First Home Bank 7 2.46% $5,793
First Federal Bank 7 2.50% $6,017
PRIMELENDING, A PLAINSCAPITAL COMPANY 7 3.00% $6,767
First Vision Bank of Tennessee 7 2.82% $4,733
Credence Funding Corporation 6 2.21% $3,382
FIRST EQUITY MORTGAGE INCORPORATED 6 2.58% $6,561
Christensen Financial, Inc. 6 3.02% $10,522
Fifth Third Bank 6 2.79% $4,144
Bell Bank 6 2.60% $3,141
Synovus Bank 6 2.42% $14,449
Hometown Lenders, Inc. 6 3.04% $12,764
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 6 2.81% $10,323
COMMUNITY MORTGAGE CORPORATION 6 2.65% $4,176
AMERICAN MORTGAGE SERVICE COMPANY 6 2.71% $6,581
LEADERONE FINANCIAL CORPORATION 6 2.90% $4,970
SECURITYNATIONAL MORTGAGE COMPANY 6 2.73% $7,650
ZILLOW HOME LOANS, LLC 5 2.95% $6,087
BancorpSouth Bank 5 2.58% $4,824
CALCON MUTUAL MORTGAGE LLC 5 3.38% $2,165
LOANPAL, LLC 5 2.48% $15,147
Reliant Bank 5 2.38% $3,360
RESIDENTIAL WHOLESALE MORTGAGE, INC. 5 2.68% $9,860
Simmons Bank 5 2.73% $6,418
SIRVA MORTGAGE, INC. 5 3.23% $496
VAN DYK MORTGAGE CORPORATION 5 3.38% $2,275
Origin Bank 4 2.81% $9,004
GUARANTEED RATE AFFINITY, LLC 4 2.75% $6,080
US COMMUNITY 4 2.59% $5,755
LADERA LENDING, INC. 4 2.50% $10,652
M&T Bank 4 2.91% $7,824
BELEM SERVICING LLC 4 2.19% $7,738
Ixonia Bank 4 2.75% $10,604
LENDUS, LLC 4 2.38% $15,879
Sunflower Bank 4 2.56% $12,735
Strong Home Mortgage, LLC 4 2.37% $5,166
FBC MORTGAGE, LLC 3 2.54% $7,064
CHERRY CREEK MORTGAGE, LLC 3 2.25% $6,669
SOUTHWEST STAGE FUNDING, LLC 3 3.17% $3,761
CASTLE & COOKE MORTGAGE, LLC 3 2.83% $9,687
Capital Bank 3 2.50% $4,655
CANOPY MORTGAGE, LLC 3 2.25% $6,737
POLARIS HOME FUNDING CORP. 3 2.79% $10,268
UNITED MORTGAGE CORP. 3 2.38% $5,772
AMERICAN FINANCING CORPORATION 3 2.92% $10,891
Meridian Bank Corporation 3 2.33% $4,633
LAND HOME FINANCIAL SERVICES, INC. 3 3.08% $4,065
FINANCE OF AMERICA MORTGAGE LLC 3 2.54% $11,176
NFM, INC. 3 3.38% $12,055
CERTAINTY HOME LOANS, LLC 2 2.50% $12,524
SeaTrust Mortgage Company 2 3.06% $11,169
PHH Mortgage Corporation 2 3.19% $2,388
DIRECT LENDERS, LLC 2 3.50% $5,566
KELLER MORTGAGE, LLC 2 2.75% $5,523
Arvest Bank 2 2.81% $2,302
Equity Prime Mortgage LLC 2 3.06% $3,830
PNC Bank 2 3.06% $673
ANGEL OAK HOME LOANS LLC 2 2.94% $22,134
HAMILTON HOME LOANS, INC. 2 3.00% $6,287
ROUNDPOINT MORTGAGE SERVICING CORPORATION 2 3.13% $12,671
Goldwater Bank, N.A. 2 2.13% $13,318
TOTAL MORTGAGE SERVICES, LLC 2 2.69% $5,363
First Savings Bank 2 2.88% $9,580
Triumph Bank 2 2.88% $3,146
CORNERSTONE HOME LENDING, INC. 2 2.75% $2,264
Trustmark National Bank 2 3.00% $4,583
KELLEY MORTGAGE, LLC 2 3.00% $1,056
INTERCOASTAL MORTGAGE COMPANY 2 2.69% $6,723
UNITED SECURITY FINANCIAL CORP 2 1.75% $6,040
First Midwest Bank 2 2.25% $1,264
HOMESTEAD FUNDING CORP. 2 2.56% $13,955
AMERICAN FINANCIAL RESOURCES, INC. 2 4.50% $11,407
EVERETT FINANCIAL, INC. 2 2.94% $2,053
ALTRA 2 2.63% $10,725
HOMESIDE FINANCIAL, LLC 2 2.62% $6,429
REDSTONE Federal Credit Union 2 2.94% $3,578
Gateway First Bank 2 3.06% $2,546
MORIA DEVELOPMENT, INC. 2 3.13% $4,293
Victorian Finance, LLC 2 2.69% $10,260
GSF Mortgage Corporation 2 2.69% $2,952
EMBRACE HOME LOANS, INC. 2 2.87% $8,460
CityWorth Mortgage LLC 2 2.00% $15,689
Wolfe Financial, Inc 2 2.69% $6,739
George Mason Mortgage, LLC 2 2.56% $9,844
SUMMIT FUNDING, INC. 2 3.38% $8,859
MILEND, INC. 2 3.38% $13,912
HomePromise Corporation 2 3.19% $11,968
ACADEMY MORTGAGE CORPORATION 1 2.25% $6,370
VERITAS FUNDING, LLC 1 2.25% $8,001
ALLIED MORTGAGE GROUP, INC. 1 3.00% $3,494
V.I.P. MORTGAGE, INC. 1 2.63% $7,708
Watermark Capital, Inc. 1 2.38% $0
Waterstone Mortgage Corporation 1 3.38% $9,853
JPMorgan Chase Bank 1 3.50% $0
South State Bank 1 2.25% $3,858
Home Loan Investment Bank, F.S.B. 1 2.63% $3,936
Hamilton Mortgage Corporation 1 2.50% $2,218
GoPrime Mortgage, Inc. 1 2.25% $3,618
Allied First Bank,sb 1 2.50% $33,649
GERSHMAN INVESTMENT CORP. 1 2.50% $3,584
GENEVA FINANCIAL, LLC 1 2.50% $10,940
MIDLAND MORTGAGE CORPORATION 1 3.63% $17,196
Franklin Loan Corporation 1 2.88% $6,928
Fortera Federal Credit Union 1 3.50% $13,969
Florida Capital Bank 1 2.88% $4,084
FLAT BRANCH MORTGAGE, INC. 1 3.25% $23,515
First Western Trust Bank 1 2.38% $3,946
NATIONS DIRECT MORTGAGE, LLC 1 3.75% $4,525
NATIONWIDE MORTGAGE BANKERS, INC. 1 3.00% $2,712
First Financial Bank 1 2.75% $12,472
NETWORK CAPITAL FUNDING CORPORATION 1 2.50% $3,907
First Federal Bank of Kansas City 1 2.25% $4,411
Evolve Bank & Trust 1 2.88% $1,352
OCMBC, INC. 1 2.25% $2,989
OVM FINANCIAL, INC. 1 2.75% $3,879
ENVOY MORTGAGE, LTD 1 2.25% $1,215
ENDEAVOR CAPITAL, LLC. 1 2.25% $3,791
Patriot Bank 1 2.38% $1,868
DRAPER AND KRAMER MORTGAGE CORP. 1 2.75% $2,204
DELMAR FINANCIAL COMPANY 1 2.38% $14,325
DATA MORTGAGE, INC. 1 3.00% $7,752
PREMIA MORTGAGE, LLC 1 3.25% $0
CU COMMUNITY, LLC 1 2.75% $2,886
Countybank 1 2.75% $11,232
PROPER RATE, LLC 1 2.88% $16,291
COMMUNITY MORTGAGE, LLC 1 2.25% $3,114
COMMUNITYAMERICA 1 2.63% $3,451
City Bank 1 2.88% $38,506
Willamette Valley Bank 1 2.25% $6,080
CIS Financial Services, Inc. 1 2.38% $6,409
RESIDENTIAL BANCORP. 1 2.75% $14,980
RESIDENTIAL HOME FUNDING CORP. 1 2.75% $14,954
Alerus Financial 1 2.63% $10,161
ROSS MORTGAGE CORPORATION 1 2.75% $4,286
ROYAL UNITED MORTGAGE LLC 1 2.50% $3,117
Sierra Pacific Mortgage Company, Inc. 1 2.75% $3,065
Alcova Mortgage LLC 1 3.25% $11,852
SOUTHERN TRUST MORTGAGE, LLC 1 2.75% $12,083
J. VIRGIL, INC. 1 3.25% $6,230
Century Mortgage Company DBA Century Lending Company 1 2.75% $6,820
CELEBRITY HOME LOANS, LLC 1 2.25% $7,476
STEARNS LENDING, LLC 1 2.75% $895
BEST CAPITAL FUNDING 1 2.25% $3,727
BAYSHORE MORTGAGE FUNDING, LLC 1 2.38% $1,104
Texana Bank 1 2.38% $4,792
Bank of America 1 2.75% $12,199
Armed Forces Bank 1 2.75% $21,470
Arbor Bank 1 2.38% $2,703
Amerifirst Financial, Inc. 1 2.25% $2,499
TIAA, FSB 1 2.75% $11,107
American Security Mortgage Corp. 1 2.13% $2,201
Towne Bank 1 2.50% $2,070
American Mortgage & Equity Consultants, Inc. 1 2.25% $4,165
AMERICAN INTERNET MORTGAGE, INC. 1 2.25% $11,547
AMERICAN HOME LENDING USA, LLC 1 2.25% $0

The top Nashville VA lender as defined by loan originations is QUICKEN LOANS, LLC, with 601 VA loans originated. Their average total fees are $5,989, which is $766 lower than the next largest lender, Mortgage Research Center, LLC.

The lowest fee Nashville VA lenders (with over 10 loans originated) are LAKEVIEW LOAN SERVICING, LLC ($2,590), PENTAGON FEDERAL CREDIT UNION ($2,634), SUN WEST MORTGAGE COMPANY, INC. ($3,377), Prime Choice Funding Inc. ($3,433) and FREEDOM MORTGAGE CORPORATION ($3,492).

The lowest rate Nashville VA lenders (with over 10 loans originated) are ACCELERATE MORTGAGE, LLC (2.18%), TJC Mortgage, Inc. (2.27%), SUN WEST MORTGAGE COMPANY, INC. (2.27%), KS StateBank (2.28%) and VILLAGE CAPITAL MORTGAGE (2.30%).


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 $383,900 (12.9%) $528,714 (12.1%) 1.42 5,901
2018-02-01 $381,947 (9.9%) $525,943 (10.2%) 1.39 5,920
2018-03-01 $385,000 (9.6%) $534,548 (10.0%) 1.35 5,936
2018-04-01 $388,250 (8.5%) $539,811 (8.7%) 1.32 6,330
2018-05-01 $385,000 (-1.3%) $537,540 (-4.6%) 1.29 6,844
2018-06-01 $379,900 (-2.6%) $530,891 (-5.5%) 1.27 7,346
2018-07-01 $373,993 (-3.6%) $524,743 (-4.9%) 1.25 7,916
2018-08-01 $369,450 (-5.0%) $517,846 (-4.8%) 1.24 8,143
2018-09-01 $365,000 (-6.2%) $508,211 (-5.8%) 1.22 8,785
2018-10-01 $359,888 (-6.4%) $504,061 (-5.1%) 1.22 9,144
2018-11-01 $354,900 (-6.6%) $501,324 (-5.1%) 1.20 9,079
2018-12-01 $355,900 (-7.2%) $504,416 (-5.0%) 1.23 8,461
2019-01-01 $356,818 (-7.1%) $503,907 (-4.7%) 1.23 7,999
2019-02-01 $359,900 (-5.8%) $507,275 (-3.6%) 1.22 7,775
2019-03-01 $364,237 (-5.4%) $521,323 (-2.5%) 1.19 7,575
2019-04-01 $369,945 (-4.7%) $533,187 (-1.2%) 1.17 7,507
2019-05-01 $374,575 (-2.7%) $539,243 (0.3%) 1.17 7,790
2019-06-01 $377,945 (-0.5%) $548,017 (3.2%) 1.18 7,801
2019-07-01 $375,000 (0.3%) $544,329 (3.7%) 1.17 7,902
2019-08-01 $373,636 (1.1%) $545,376 (5.3%) 1.18 7,864
2019-09-01 $371,591 (1.8%) $547,054 (7.6%) 1.19 7,801
2019-10-01 $369,950 (2.8%) $546,341 (8.4%) 1.19 7,832
2019-11-01 $369,900 (4.2%) $544,889 (8.7%) 1.21 7,699
2019-12-01 $367,338 (3.2%) $542,275 (7.5%) 1.22 7,106
2020-01-01 $366,450 (2.7%) $540,101 (7.2%) 1.22 6,399
2020-02-01 $369,900 (2.8%) $544,894 (7.4%) 1.21 5,943
2020-03-01 $379,000 (4.1%) $550,041 (5.5%) 1.19 5,848
2020-04-01 $376,045 (1.7%) $538,460 (1.0%) 1.18 6,580
2020-05-01 $385,000 (2.8%) $559,278 (3.7%) 1.17 6,577
2020-06-01 $391,993 (3.7%) $578,103 (5.5%) 1.15 6,112
2020-07-01 $391,950 (4.5%) $590,115 (8.4%) 1.14 6,107
2020-08-01 $394,900 (5.7%) $609,426 (11.7%) 1.13 5,365
2020-09-01 $399,894 (7.6%) $605,709 (10.7%) 1.15 4,832
2020-10-01 $399,900 (8.1%) $619,132 (13.3%) 1.15 4,552
2020-11-01 $397,450 (7.5%) $619,515 (13.7%) 1.16 4,204
2020-12-01 $394,950 (7.5%) $623,314 (14.9%) 1.17 3,728
2021-01-01 $391,945 (7.0%) $621,791 (15.1%) 1.17 3,169
2021-02-01 $396,228 (7.1%) $649,883 (19.3%) 1.15 2,524
2021-03-01 $399,900 (5.5%) $661,392 (20.2%) 1.13 2,234
2021-04-01 $410,500 (9.2%) $690,342 (28.2%) 1.11 2,070
2021-05-01 $414,966 (7.8%) $721,550 (29.0%) 1.10 2,015
2021-06-01 $427,475 (9.1%) $756,577 (30.9%) 1.13 2,151
2021-07-01 $445,240 (13.6%) $778,351 (31.9%) 1.17 2,577
2021-08-01 $439,950 (11.4%) $764,954 (25.5%) 1.17 2,683
2021-09-01 $445,749 (11.5%) $768,400 (26.9%) 1.19 2,828
2021-10-01 $455,000 (13.8%) $777,865 (25.6%) 1.21 2,893
2021-11-01 $459,675 (15.7%) $791,198 (27.7%) 1.23 2,578
2021-12-01 $459,900 (16.5%) $821,856 (31.9%) 1.25 2,055
2022-01-01 $455,719 (16.3%) $837,969 (34.8%) 1.23 1,608
2022-02-01 $472,425 (19.2%) $822,441 (26.6%) 1.23 1,539
2022-03-01 $499,450 (24.9%) $864,933 (30.8%) 1.25 1,618
2022-04-01 $525,000 (27.9%) $896,168 (29.8%) 1.25 1,986
2022-05-01 $549,900 (32.5%) $917,350 (27.1%) 1.26 2,709
2022-06-01 $561,533 (31.4%) $884,548 (16.9%) 1.25 3,952
2022-07-01 $549,990 (23.5%) $847,098 (8.8%) 1.24 5,411
2022-08-01 $533,167 (21.2%) $811,682 (6.1%) 1.23 6,089
2022-09-01 $528,913 (18.7%) $816,327 (6.2%) 1.24 6,370
2022-10-01 $525,000 (15.4%) $816,584 (5.0%) 1.24 7,087
Nashville's median listing price for 2022-10-01 was $525,000, a difference of $70,000 (15.4%) versus the prior year and $-3,913 versus the prior month.

Nashville's median listing price comes in at 124% of the national average.

Nashville's average listing price for 2022-10-01 was $816,584, a difference of $38,719 (5.0%) versus the prior year and $257 versus the prior month.

For the 2022-10-01 period, Nashville had 7,087 MLS listings, a difference of 717 listings (11%) versus the prior month and 4,194 listings (145%) 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 2,408 sqft
2018-02-01 39 days 2,403 sqft
2018-03-01 36 days 2,410 sqft
2018-04-01 34 days 2,411 sqft
2018-05-01 33 days 2,399 sqft
2018-06-01 35 days 2,400 sqft
2018-07-01 36 days 2,382 sqft
2018-08-01 37 days 2,345 sqft
2018-09-01 38 days 2,310 sqft
2018-10-01 43 days 2,287 sqft
2018-11-01 44 days 2,280 sqft
2018-12-01 51 days 2,289 sqft
2019-01-01 55 days 2,302 sqft
2019-02-01 45 days 2,304 sqft
2019-03-01 40 days 2,351 sqft
2019-04-01 35 days 2,393 sqft
2019-05-01 33 days 2,409 sqft
2019-06-01 36 days 2,415 sqft
2019-07-01 37 days 2,406 sqft
2019-08-01 37 days 2,398 sqft
2019-09-01 38 days 2,379 sqft
2019-10-01 38 days 2,357 sqft
2019-11-01 41 days 2,322 sqft
2019-12-01 47 days 2,318 sqft
2020-01-01 49 days 2,304 sqft
2020-02-01 36 days 2,308 sqft
2020-03-01 34 days 2,319 sqft
2020-04-01 35 days 2,303 sqft
2020-05-01 37 days 2,333 sqft
2020-06-01 34 days 2,329 sqft
2020-07-01 32 days 2,286 sqft
2020-08-01 31 days 2,235 sqft
2020-09-01 32 days 2,169 sqft
2020-10-01 31 days 2,121 sqft
2020-11-01 32 days 2,086 sqft
2020-12-01 37 days 2,054 sqft
2021-01-01 35 days 2,000 sqft
2021-02-01 26 days 1,997 sqft
2021-03-01 19 days 1,960 sqft
2021-04-01 16 days 1,958 sqft
2021-05-01 12 days 2,000 sqft
2021-06-01 12 days 1,987 sqft
2021-07-01 15 days 2,020 sqft
2021-08-01 16 days 2,028 sqft
2021-09-01 19 days 2,033 sqft
2021-10-01 20 days 2,051 sqft
2021-11-01 22 days 2,055 sqft
2021-12-01 28 days 2,053 sqft
2022-01-01 26 days 2,045 sqft
2022-02-01 15 days 2,037 sqft
2022-03-01 11 days 2,038 sqft
2022-04-01 11 days 2,103 sqft
2022-05-01 12 days 2,178 sqft
2022-06-01 16 days 2,242 sqft
2022-07-01 21 days 2,218 sqft
2022-08-01 27 days 2,213 sqft
2022-09-01 31 days 2,200 sqft
2022-10-01 31 days 2,194 sqft
Nashville's median listing age (time on market) for 2022-10-01 was 31 days. This is 55% longer than the same period one year ago.

Nashville's median square footage for active listings during the 2022-10-01 period was 2,194 sqft. One year prior, the average listing was 2,051 sqft.

VA Loan Features

  • No down payment required
  • Negotiable and competitive interest rate.
  • Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5 percent and exemption for veterans receiving VA compensation).
  • VA rules limit the amount you can be charged for closing costs.
  • Closing costs are comparable with other financing types (and may be lower).
  • Closing costs may be paid by the seller.
  • No private mortgage insurance premiums are required.
  • An assumable mortgage.
  • Right to prepay your mortgage without penalty.
  • For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
  • VA assistance to veteran borrowers in default due to temporary financial difficulty.