Are Home Prices Rising or Falling in Inglewood, TN?

Prices in Inglewood, a neighborhood in Nashville, TN, have come down considerably, with the median sale price falling about 14% year over year to $496,510. Here's a closer look at the trend and what it could mean for your next move.

The National Picture

For the 3 months ending August 2026, the national median home price is about $399K, a 2% increase from a year ago. Affordability has improved modestly across the country, with the typical household earning roughly $88,000 and putting about 34% of income toward housing, compared to 36% the prior year. Homes are taking a median of 50 days to sell, and about 20% of listings carry a price reduction.

Home Prices in the Nashville Area

The Nashville metro median home price is about $480,000, essentially flat from last year. A typical metro household earning about $96,000 spends roughly 36% of income on housing, an improvement of about 1.5 percentage points from a year ago. Inglewood's median of roughly $497,000 tracks close to the metro number, but its steep decline contrasts with the metro's stability.

Buyers May Find Better Deals Than Last Year

Inglewood's median sale price fell about 14% over the past year to $496,510, which works out to roughly $84,000 less than a buyer would have paid a year ago. That is some of the sharpest price relief in the Nashville metro. About 34% of listings have been reduced, and homes sell at roughly 98% of list price. About 16% of sales closed above asking, a moderate share. By comparison, neighboring Highland Heights saw prices climb 11% to $600,000, and East Nashville held flat at $600,000, putting Inglewood well below either for buyers seeking a lower entry point.

Why Are Prices Falling in Inglewood?

Growing inventory has shifted the balance toward buyers, but rising demand could slow the decline. Active listings jumped about 9% year over year, and new listings grew about 4%. Yet pending sales are up roughly 19%, the strongest demand growth among these nearby areas, suggesting buyers are taking advantage of lower prices. With just 3.6 months of supply, Inglewood actually leans toward a seller's market on an inventory basis. Homes sell in a median of 54 days, up 6 days from last year. The price drop may reflect a correction after prior-year gains rather than a market under pressure, and the pickup in buyer activity could stabilize prices in the near term.

Limited to neighborhoods with at least 10 home sales in the period.

All data comes from Redfin and represents a three-month rolling average ending August 2026. This article has been generated, in whole or in part, using generative artificial intelligence (AI) technology, with input from Redfin head of economics research Chen Zhao. While efforts have been made to ensure the accuracy and reliability of this information, you should independently verify all data, facts, and citations contained in this article before relying on it for any purpose. This information is not a substitute for advice from a real estate agent, financial advisor, or other licensed professional. Check the Redfin Data Center for additional in-depth housing market data.