Market Update

Zillow: Nashville Prices Just Went Negative

Ethan Flynn

Ethan Flynn

Analyst

Zillow: Nashville Prices Just Went Negative

Originally published on Substack

The Big Picture: From National Trends to Nashville's Reality

Back in November 2024, Lance Lambert tweeted that only 7 out of the 50 largest U.S. metros were seeing year-over-year home price declines. Fast forward to the end of June 2025, and that number has jumped to half—25 metros with falling prices.

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Nashville just joined the club, tipping into negativ…

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