Market reports
Nashville STR Asking Prices: Why the Listing Mix Changes the Number
An October 19 snapshot separates active Nashville STR listings from under-contract records and explains what their asking-price medians can—and cannot—show.
A Nashville STR search can produce a precise median asking price and still answer the wrong question. The result changes when the search includes properties already under contract, different ownership formats or more than one property in a listing.
We calculated a fresh snapshot from this site's public inventory at 2:16 p.m. Central on October 19, 2026. The useful finding is the difference between the available comparison groups. It is not evidence of appreciation, a forecast of rental income or a valuation of an individual home.
Start with the status of the records
The snapshot contained 386 listing records, each with a distinct listing ID and public URL. All had a positive asking price. We separated them using the status supplied in the feed and calculated the median within each group.
Public listing status | Records | Median asking price |
|---|---|---|
Active | 354 | $684,500 |
Active Under Contract | 32 | $962,250 |
Both groups combined | 386 | $719,900 |
The combined median was $35,400 above the active-only median. That difference describes the composition of this snapshot. It does not mean a buyer paid more, that under-contract properties sold at asking price or that the active properties are discounted.
The higher under-contract median is a reason to separate statuses when building a shortlist. It is not proof that expensive properties are selling faster: we have not measured comparable exposure periods, contract prices or the probability of a listing going under contract.
The source is the inventory displayed through our public Nashville STR search. This is our site's screened for-sale subset, not all Nashville homes, all operating STRs or all closed transactions. The live search will change after this dated calculation.
Price bands show breadth, not interchangeability
Across all 386 records, asking prices fell into these bands:
Asking-price band | Records |
|---|---|
Below $600,000 | 138 |
$600,000 to below $900,000 | 127 |
$900,000 to below $1.2 million | 52 |
$1.2 million and above | 69 |
Total | 386 |
A price band is a starting filter. It does not establish how many independently operable homes a record includes. A portfolio offer and a single condominium can both appear as one record. Separate units in one building can appear as separate records.
Do not divide a package price by the bedroom count and assume you have a unit price. First establish the properties included, the legal unit descriptions and whether the income being discussed covers the same assets.
Build a comparison group before drawing a conclusion
For a serious purchase, narrow the records in this order:
Separate active and under-contract listings.
Identify a single home, a condominium interest or a multi-property package.
Confirm what is included in the asking price.
Compare a similar physical layout and operating arrangement.
Put documented income and expenses beside the price.
Keep uncertain fields marked unknown. A missing association expense is not zero. A caption describing a bonus room does not establish another lawful bedroom. A claimed rental history does not establish the buyer's future permission to operate.
Metro's official STR guidance says a permit is required before listing a property for short-term rental. Inclusion on our search is not an address-specific permit determination. Resolve the actual property and proposed transaction with the relevant records and qualified advisers.
Do not turn two snapshots into a market trend
Our October Nashville STR guide used an earlier inventory snapshot. A different count or median today can reflect additions, removals, changed screening, status changes and a different mix of properties. Without tracking the same cohort and those transitions, subtracting the medians would not measure appreciation.
This article adds a status-based comparison to that guide. It does not revise the earlier historical snapshot.
For income evidence, use the Nashville STR revenue analysis to reconcile the reporting period and property count. Then use the buyer advisory framework to organize the remaining document requests.
The practical takeaway: start your active-property comparison at the active cohort, then narrow it to genuinely comparable purchases. The $684,500 figure is a description of that particular active dataset—not a recommended offer, a market-wide value or a target return.
PUT THE RESEARCH TO WORK
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