Where do unsold Nashville Airbnbs go? Mostly nowhere.

Nashville's investor-Airbnb market now has 23 listings for every buyer — and the spring surge just refilled the glut

Non-owner-occupied short-term-rental permits are capped across most of Davidson County. That scarcity hasn't saved the resale market: ~186 active listings, about 8 going under contract a month, a third carrying price cuts, the median sold price down 29% since 2023 — and a third of this year's resales now selling at a loss.