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Real estate in Nashville’s Melrose neighborhood.

Compare top Melrose real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for June 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Melrose real estate Market Report.

Information and statistics on the latest trends in the Melrose real estate market. *

Latest Rolling 3-Month Snapshot

Feb 1, 2026 - Apr 30, 2026

Median sale price
$1.1M
+23% from Q1 '26
Median list price
$444K
-24% from Q1 '26
Active listings
48
+23% from Q1 '26
Homes sold
15
+7.1% from Q1 '26
New pendings
15
No change from Q1 '26
New listings
28
+12% from Q1 '26

Quarterly Pricing Trends for Melrose

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Melrose Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $365K Median sale price in Jul 2021 - Sep 2021: $500K Median sale price in Oct 2021 - Dec 2021: $470K Median sale price in Jan 2022 - Mar 2022: $706K Median sale price in Apr 2022 - Jun 2022: $1M Median sale price in Jul 2022 - Sep 2022: $701K Median sale price in Oct 2022 - Dec 2022: $550K Median sale price in Jan 2023 - Mar 2023: $550K Median sale price in Apr 2023 - Jun 2023: $693K Median sale price in Jul 2023 - Sep 2023: $633K Median sale price in Oct 2023 - Dec 2023: $1.2M Median sale price in Jan 2024 - Mar 2024: $450K Median sale price in Apr 2024 - Jun 2024: $1.2M Median sale price in Jul 2024 - Sep 2024: $610K Median sale price in Oct 2024 - Dec 2024: $990K Median sale price in Jan 2025 - Mar 2025: $710K Median sale price in Apr 2025 - Jun 2025: $1.3M Median sale price in Jul 2025 - Sep 2025: $823K Median sale price in Oct 2025 - Dec 2025: $965K Median sale price in Jan 2026 - Mar 2026: $930K Median list price in Apr 2021 - Jun 2021: $480K Median list price in Jul 2021 - Sep 2021: $525K Median list price in Oct 2021 - Dec 2021: $405K Median list price in Jan 2022 - Mar 2022: $1.1M Median list price in Apr 2022 - Jun 2022: $998K Median list price in Jul 2022 - Sep 2022: $570K Median list price in Oct 2022 - Dec 2022: $461K Median list price in Jan 2023 - Mar 2023: $780K Median list price in Apr 2023 - Jun 2023: $675K Median list price in Jul 2023 - Sep 2023: $1.4M Median list price in Oct 2023 - Dec 2023: $750K Median list price in Jan 2024 - Mar 2024: $450K Median list price in Apr 2024 - Jun 2024: $615K Median list price in Jul 2024 - Sep 2024: $942K Median list price in Oct 2024 - Dec 2024: $687K Median list price in Jan 2025 - Mar 2025: $879K Median list price in Apr 2025 - Jun 2025: $1.1M Median list price in Jul 2025 - Sep 2025: $950K Median list price in Oct 2025 - Dec 2025: $663K Median list price in Jan 2026 - Mar 2026: $585K Apr 2021 - Jun 2021 Median sale price $365K Median list price $480K Jul 2021 - Sep 2021 Median sale price $500K Median list price $525K Oct 2021 - Dec 2021 Median sale price $470K Median list price $405K Jan 2022 - Mar 2022 Median sale price $706K Median list price $1.1M Apr 2022 - Jun 2022 Median sale price $1M Median list price $998K Jul 2022 - Sep 2022 Median sale price $701K Median list price $570K Oct 2022 - Dec 2022 Median sale price $550K Median list price $461K Jan 2023 - Mar 2023 Median sale price $550K Median list price $780K Apr 2023 - Jun 2023 Median sale price $693K Median list price $675K Jul 2023 - Sep 2023 Median sale price $633K Median list price $1.4M Oct 2023 - Dec 2023 Median sale price $1.2M Median list price $750K Jan 2024 - Mar 2024 Median sale price $450K Median list price $450K Apr 2024 - Jun 2024 Median sale price $1.2M Median list price $615K Jul 2024 - Sep 2024 Median sale price $610K Median list price $942K Oct 2024 - Dec 2024 Median sale price $990K Median list price $687K Jan 2025 - Mar 2025 Median sale price $710K Median list price $879K Apr 2025 - Jun 2025 Median sale price $1.3M Median list price $1.1M Jul 2025 - Sep 2025 Median sale price $823K Median list price $950K Oct 2025 - Dec 2025 Median sale price $965K Median list price $663K Jan 2026 - Mar 2026 Median sale price $930K Median list price $585K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
32
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Feb 2026 - Apr 2026).

Melrose currently leans toward sellers, with the local gauge reading a seller’s market at 32 out of 100. Months of supply sit at 5.9, a bit tighter than Nashville overall, which is at 6 months. Homes are taking longer to sell, though, with a median of 62 days on the market in this rolling three-month view.

Price trends help explain this mix of conditions. The typical home value in Melrose is up nearly 12% year over year, well above the roughly 2% gain seen across Nashville, suggesting stronger price growth in this neighborhood than the city overall. At the same time, the share of homes selling above list has fallen to zero in the latest period, compared with double-digit shares in some prior years, signaling that sellers are negotiating more.

Inventory and activity metrics round out the picture for both sides of the table. Active listings are down slightly from a year ago, while new listings have edged up, giving buyers a bit more to choose from even as total supply stays relatively constrained. Homes sold and pending sales have dipped modestly year over year, hinting at a slower pace of completed deals. With these shifting dynamics in Melrose, buyers and sellers can both benefit from an experienced local agent, and Agent Pronto can connect them with someone who understands this market.



Learn more about what Melrose has to offer.

Melrose offers residents a walkable, community-focused vibe with locally owned shops, parks, diverse dining, and regular neighborhood events that foster connection and a welcoming sense of belonging.

Melrose stands out from other Nashville neighborhoods by blending classic roadside history with a current, tight-knit community feel. Along Franklin Pike, you will find long-loved local spots like The Sutler Saloon and Sinema in the restored Melrose Theater building, giving the area a sense of continuity that newer districts often lack.

Residents enjoy quick access to 12 South, Berry Hill, and Green Hills, along with everyday conveniences right in the neighborhood. Coffee shops, pubs, and casual dining line the corridor, while nearby Sevier Park offers green space, playgrounds, and community events a short drive or bike ride away. The area appeals to a mix of long-term homeowners, young professionals, and downsizing buyers who appreciate its location just south of downtown.

Housing in Melrose ranges from renovated cottages and classic bungalows to newer townhomes and condo options, which can make pricing and competition highly localized. Proximity to major routes and WeGo Public Transit routes into downtown Nashville adds everyday practicality, while nearby John Overton High School and other public and private schools matter for many households.

Because Melrose remains in demand and inventory can move quickly, timing and preparation matter. The right Agent Pronto recommended agent can help buyers act decisively and help sellers position their homes strategically to maximize results.

Find your Melrose real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Brad not only found us a great house but set us up with insurance and a great fence company. Also continued to reach out to see if we needed anything. Brad was awesome helping us over the last month especially coming from a different state”

Randy Moore · McMinnville, TN

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Century 21 Wright Realty
“Khristian was extremely helpful in buying my home. I truly felt at home and at ease working with him. He made sure I was aware of everything going on, and took me to every home I wanted to see.”

Dalton Pharris · Mount Juliet, TN

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Keller Williams First Class Real Estate
“I strongly recommend Shawn Wright to my friends and other because he is outstanding and very knowledgeable. Also he is my agent to sale a mother home”

Qussay Al Janabi · Smyrna, TN

Photo of Shawn Wright
Century 21 Wright Realty
“Mr. Black made it so for us.”

David Bailey · Palmyra, TN

Photo of Christian Black Team
Century 21 Platinum Properties
“She helped us buy our house, then sell it a few years later. Couldn't recommend more! So communicative, answered all my questions at a timely, proffessional manner. I was probably not the easiest client at times because stress, but she was so calm and reassuring through the whole process! Seriously so grateful for how smoothly this sale went, all with the help of Marie!”

Kristen Curtis · Clarksville, TN

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CENTURY 21 Platinum Properties
“Misty was an amazing agents with strong knowledge in not only properties but with menuevering around the needs of the VA. She was willing to travel to any house I found in TN, some of which being hours away. I've already recommended her to a few people but if you're reading this I would look into her also.”

Steven · Pinson, TN

Photo of Misty Kinney
Century 21 Platinum Properties
“Miss Candy was very helpful with the sale of the property she knew what she was doing and how to handle all things that needed to be handled. I would recommend her to anyone that needed help with the sell of their property and I will use her again if I need help with selling any property, Thank you so much Miss Candy for helping in the sale of the property.”

Gail Mullican · Smithville, TN

Photo of Candy Vaughn
Keller Williams Realty
“Parker Cole is an excellent realtor. He's extremely patient, trust worthy, knowledgeable about the area and more. He found us exactly what we were looking for and we had a huge list of must haves. He was always available and answered all of our questions. He goes above and beyond to make you feel comfortable and he makes sure everything is the way it's supposed to be. He helps in every step of the process. He makes sure that you know he can still help you even after the sale. Really appreciate how stress free he made this whole process for us. Thank you Parker Cole. You are amazing.”

Mr. and Mrs. Piekosz · Cunningham, TN

Photo of Parker Cole
Century 21 Platinum Properties
“Matthew demonstrated excellent realtor service. From communicating, providing assistance and more, this is tge type of serivice you would look for an a realtor!”

TK · Nashville, TN

Photo of Nashville Advantage
EXP Realty
“Omg y'all helped us so much. Laila is amazing. She is a go getter, always kept us updated on everything daily, she had our house closed within 30 days and it sold in 4 days. THANK Y'ALL SO MUCH FOR REFERRING US TO LAILA. We would highly recommend her to anyone. Thank you. ”

Mike K. · Florence, AL

Photo of Laila  Vilinska-Jager
Crye-Leike Realtors
“Troy Charlton's handling of the sale of my house was excellent. He had a small window of time to get everything done and he saw that it went smoothly, efficiently and professionally. I would go to him for any real estate dealings I have. He made me always feel that any questions I had were worthwhile .He is a very pleasant person to deal with, and enjoys a great sense of humor, which always appeals to me. He is topnotch. Michele Sheldon Lebanon, Tennessee”

Michele Sheldon · Lebanon, TN

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exp Realty
“Connected me with Team George Real Estate and Stephanie Stoner was the best agent we ever had. She was fabulous to the end. We have purchased and sold 5 homes, she was by far the best - a lot of common sense and was aggressive for us. We cannot thank her enough.”

Wayne J. · Murfreesboro, TN

Photo of Team George Weeks Real Estate
Team George Weeks Real Estate, LLC
“Was impressed with Gerald's confidence, knowledge, and professionalism. He is extremely polite, personable and comes across as extremely trustworthy. Every time I had an interaction with Gerald Hill, he was the epitome of professionalism and trustworthiness. I was very pleased when Jay Cash told me Gerald will be handling our closing on July 10, 2018. Gerald Hill is a major asset to the realty profession. I give him my whole support and recommendation to anyone selling or buying a home.”

Mary Ryan · Murfreesboro, TN

Photo of Gerald Hill
Benchmark Realty LLC

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Melrose. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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