Nashville, TN (Metro) - Trend of Market Heat Index for All Homes (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Market Heat Index for All Homes in the Nashville, TN Metro in February 2026 was 51. The month over month percentage change (MoM) was 4.08%, and the year over year percentage change (YoY) was -5.56%.

The chart below shows the trend of the market heat index for the Nashville, TN metro. The table below shows the trend of the market heat index, and the MoM and YoY percentage changes for the Nashville, TN metro.

You can see similar information for other US metros, and for the United States.

Note: The Market Heat Index is a time series that captures the balance of for-sale supply and demand in a given market. A higher number means the market is more tilted in favor of sellers. It relies on a combination of engagement and listing performance inputs to provide insights into current market dynamics. It is calculated for single-family and condo homes.

Data Source: Zillow.
Nashville, TN (Metro) - Trend of Market Heat Index for All Homes
Nashville, TN (Metro) - Trend of Market Heat Index for All Homes
1 – 10 of 98
Month Market Heat Index MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2018 58 NaN NaN
Feb 2018 60 3.45 NaN
Mar 2018 62 3.33 NaN
Apr 2018 63 1.61 NaN
May 2018 61 -3.17 NaN
Jun 2018 57 -6.56 NaN
Jul 2018 55 -3.51 NaN
Aug 2018 53 -3.64 NaN
Sep 2018 50 -5.66 NaN
Oct 2018 49 -2.00 NaN
Nov 2018 50 2.04 NaN
Dec 2018 52 4.00 NaN
Jan 2019 55 5.77 -5.17
Feb 2019 57 3.64 -5.00
Mar 2019 59 3.51 -4.84
Apr 2019 60 1.70 -4.76
May 2019 58 -3.33 -4.92
Jun 2019 55 -5.17 -3.51
Jul 2019 53 -3.64 -3.64
Aug 2019 53 0.00 0.00
Sep 2019 52 -1.89 4.00
Oct 2019 49 -5.77 0.00
Nov 2019 49 0.00 -2.00
Dec 2019 55 12.25 5.77
Jan 2020 59 7.27 7.27
Feb 2020 60 1.70 5.26
Mar 2020 59 -1.67 0.00
Apr 2020 62 5.09 3.33
May 2020 63 1.61 8.62
Jun 2020 63 0.00 14.55
Jul 2020 63 0.00 18.87
Aug 2020 62 -1.59 16.98
Sep 2020 62 0.00 19.23
Oct 2020 63 1.61 28.57
Nov 2020 64 1.59 30.61
Dec 2020 68 6.25 23.64
Jan 2021 79 16.18 33.90
Feb 2021 92 16.46 53.33
Mar 2021 99 7.61 67.80
Apr 2021 98 -1.01 58.07
May 2021 93 -5.10 47.62
Jun 2021 87 -6.45 38.10
Jul 2021 84 -3.45 33.33
Aug 2021 83 -1.19 33.87
Sep 2021 82 -1.20 32.26
Oct 2021 81 -1.22 28.57
Nov 2021 82 1.24 28.13
Dec 2021 91 10.98 33.82
Jan 2022 101 10.99 27.85
Feb 2022 105 3.96 14.13
Mar 2022 99 -5.71 0.00
Apr 2022 89 -10.10 -9.18
May 2022 78 -12.36 -16.13
Jun 2022 68 -12.82 -21.84
Jul 2022 61 -10.29 -27.38
Aug 2022 55 -9.84 -33.73
Sep 2022 49 -10.91 -40.24
Oct 2022 46 -6.12 -43.21
Nov 2022 45 -2.17 -45.12
Dec 2022 48 6.67 -47.25
Jan 2023 53 10.42 -47.52
Feb 2023 59 11.32 -43.81
Mar 2023 61 3.39 -38.38
Apr 2023 63 3.28 -29.21
May 2023 61 -3.17 -21.79
Jun 2023 60 -1.64 -11.76
Jul 2023 59 -1.67 -3.28
Aug 2023 56 -5.08 1.82
Sep 2023 53 -5.36 8.16
Oct 2023 50 -5.66 8.70
Nov 2023 51 2.00 13.33
Dec 2023 53 3.92 10.42
Jan 2024 57 7.55 7.55
Feb 2024 61 7.02 3.39
Mar 2024 62 1.64 1.64
Apr 2024 60 -3.23 -4.76
May 2024 56 -6.67 -8.20
Jun 2024 53 -5.36 -11.67
Jul 2024 51 -3.77 -13.56
Aug 2024 49 -3.92 -12.50
Sep 2024 49 0.00 -7.55
Oct 2024 48 -2.04 -4.00
Nov 2024 48 0.00 -5.88
Dec 2024 50 4.17 -5.66
Jan 2025 52 4.00 -8.77
Feb 2025 54 3.85 -11.47
Mar 2025 54 0.00 -12.90
Apr 2025 53 -1.85 -11.67
May 2025 50 -5.66 -10.71
Jun 2025 48 -4.00 -9.43
Jul 2025 47 -2.08 -7.84
Aug 2025 47 0.00 -4.08
Sep 2025 45 -4.25 -8.16
Oct 2025 44 -2.22 -8.33
Nov 2025 44 0.00 -8.33
Dec 2025 46 4.55 -8.00
Jan 2026 49 6.52 -5.77
Feb 2026 51 4.08 -5.56