Two-Bedroom Condos and Townhomes in Nashville: The Numbers
742 two-bedroom condos and townhomes sold in Nashville over the last twelve months at a $370,000 median, about 1,216 square feet. Another 641 were listed and did not sell. Counting each unit once, 54 percent of the two-bedrooms that came off the market in the year closed, a far better rate than the one-bedroom condos (38 percent) and close to the three-bedrooms (55 percent).
Prices have eased rather than fallen hard: the median price per square foot moved from $306 two years ago to $291 now. Dues rose from $256 to $300 a month at the median. Townhomes, 312 of the sales, sold more of what was listed than condos did.
| Metric | Last 12 months | Last 3 years |
|---|---|---|
| Sold | 742 (430 condos, 312 townhomes) | 2,378 |
| Listed and did not sell (cancelled or expired, never closed) | 641 | 12-month count only |
| Sale price range | $74,999 to $4,350,000 | $74,999 to $9,625,000 |
| Median sale price | $370,000 | $387,870 |
| Average sale price | $463,518 | $484,036 |
| Median price per sq ft | $291 | $299 |
| Price per sq ft range | $86 to $1,910 | $86 to $2,201 |
| Square feet | 673 to 3,310 (median 1,216) | 673 to 4,374 |
| Full baths | 165 with 1, 572 with 2, 4 with 3 | 2 bedrooms |
| HOA dues, median | $300 a month | $290 a month |
| Year built | 1890 to 2026 | 1890 to 2026 |
| Median sale price as a share of the first asking price | 96.5% | 97.0% |
Data from RealTracs MLS. Rolling 12-month period and three-year period.
For private showings and market insights on two-Bedroom Condos and Townhomes in Nashville
Patrick Higgins | 615-682-1718
How One, Two and Three Bedrooms Compare
The same twelve months, the same rules, three bedroom counts. The fewer the bedrooms, the harder the sale.
| Size | Sold, 12 mo | Listed, did not sell | Share that sold | Median price | Per sq ft, two years ago to now | Dues a month | Median days to a contract |
|---|---|---|---|---|---|---|---|
| 1 bedroom condos | 307 | 503 | 38% | $315,000 | $461 to $410 | $288 | 57 |
| 2 bedroom condos and townhomes | 742 | 641 | 54% | $370,000 | $306 to $291 | $300 | 54 |
| 3 bedroom condos and townhomes | 539 | 440 | 55% | $430,000 | $243 to $242 | $255 | 43 |
Data from RealTracs MLS. Rolling 12-month period, every Nashville condo and townhome listing with one, two or three bedrooms; per sq ft compares the oldest and newest 12-month periods of three years.
Two Bedrooms, Three Years of Sales
Sales slipped from 867 to 742 a year and the median price from $395,500 to $370,000. The time to a contract stretched from 35 days to 54 at the median, and close to four in ten sellers cut the price before they sold.
| Twelve months ending | Sold | Median price | Per sq ft | Median sq ft | Dues a month | Sale price vs first ask | Share with a price cut | Median days to a contract |
|---|---|---|---|---|---|---|---|---|
| First year (oldest) | 867 | $395,500 | $306 | 1,216 | $256 | 97.8% | 32% | 35 |
| Second year | 769 | $385,000 | $299 | 1,222 | $298 | 96.9% | 39% | 45 |
| Last 12 months | 742 | $370,000 | $291 | 1,216 | $300 | 96.5% | 39% | 54 |
Data from RealTracs MLS. Three consecutive 12-month periods.
Condo or Townhome: How the Two-Bedroom Split Sells
Two-bedroom condos sold at a $399,950 median and townhomes at $349,950, but the townhomes were larger, about 1,276 square feet against 1,154, and carried lower dues, $234 a month against $362. 59 percent of townhomes that came off the market sold, against 51 percent of condos. Condo prices per foot fell from $355 to $330 over two years; townhomes from $271 to $254.
| Type | Sold, 12 mo | Did not sell | Share that sold | Median price | Median sq ft | Per sq ft, first year to last | Dues a month | Median days to a contract |
|---|---|---|---|---|---|---|---|---|
| Condos (flats, lofts, high-rise) | 430 | 420 | 51% | $399,950 | 1,154 | $355 to $330 | $362 | 58 |
| Townhomes | 312 | 221 | 59% | $349,950 | 1,276 | $271 to $254 | $234 | 50 |
Data from RealTracs MLS. Rolling 12-month period, 2-bedroom units; per sq ft compares the oldest and newest 12-month periods.
Where the Two-Bedroom Market Moves and Where It Waits
The Gulch, Midtown and Music Row ZIP, 37203, is the slowest of the large two-bedroom markets: 101 sold and 145 did not, with unsold units asking $725 a foot against $560 for the ones that sold. South Nashville around Lenox Village (103 sold, 87 did not) and Bellevue (101 sold, 55 did not) sell at $245,000 and $308,000 medians, about half townhomes, and they move.
| Area | Sold, 12 mo | Did not sell | Share that sold | Townhome share | Median price | Sold per sq ft | Unsold asking per sq ft | Dues a month |
|---|---|---|---|---|---|---|---|---|
| South Nashville, Lenox Village (37211) | 103 | 87 | 54% | 49% | $245,000 | $212 | $230 | $246 |
| Bellevue (37221) | 101 | 55 | 65% | 46% | $308,000 | $245 | $247 | $285 |
| Gulch, Midtown, Music Row (37203) | 101 | 145 | 41% | 6% | $625,000 | $560 | $725 | $690 |
| The Nations, West Nashville (37209) | 70 | 50 | 58% | 61% | $370,000 | $318 | $311 | $218 |
| West End, Belle Meade area (37205) | 66 | 48 | 58% | 17% | $431,500 | $302 | $334 | $597 |
| Donelson (37214) | 58 | 28 | 67% | 76% | $263,000 | $206 | $228 | $190 |
| Green Hills (37215) | 57 | 28 | 67% | 51% | $375,000 | $292 | $301 | $396 |
| Hillsboro Village, Belmont (37212) | 45 | 36 | 56% | 36% | $458,000 | $348 | $402 | $442 |
| Downtown (37201, 37219) | 29 | 35 | 45% | 0% | $850,000 | $716 | $701 | $794 |
| Priest Lake, Nashboro Village (37217) | 22 | 15 | 59% | 82% | $240,000 | $196 | $191 | $252 |
| Melrose, 8th Avenue South (37204) | 21 | 15 | 58% | 62% | $450,000 | $369 | $406 | $263 |
| East Nashville (37206, 37216) | 20 | 39 | 34% | 30% | $402,450 | $322 | $409 | $351 |
| Bordeaux (37218) | 15 | 11 | 58% | 67% | $473,000 | $299 | $293 | $295 |
| Wedgewood-Houston, Woodbine (37210) | 14 | 14 | 50% | 64% | $364,450 | $265 | $504 | $175 |
| Germantown, North Nashville (37208) | 12 | 21 | 36% | 42% | $701,750 | $477 | $448 | $368 |
| Trinity Lane, Dickerson Pike (37207) | 7 | 14 | 33% | 71% | $417,000 | $330 | $325 | $185 |
Data from RealTracs MLS. Rolling 12-month period. Areas with five or more sales.
Where Two-Bedroom Prices Hold Up
Under $300,000, 245 of 392 units sold. At $800,000 and up, 73 sold and 119 did not. The middle of the market, $300,000 to $600,000, sold about half of what was listed.
| Price | Sold, 12 mo | Did not sell, 12 mo | Share that sold |
|---|---|---|---|
| Under $300,000 | 245 | 147 | 62% |
| $300,000 to $399,999 | 175 | 132 | 57% |
| $400,000 to $499,999 | 121 | 115 | 51% |
| $500,000 to $599,999 | 68 | 59 | 54% |
| $600,000 to $799,999 | 60 | 66 | 48% |
| $800,000 and up | 73 | 119 | 38% |
Data from RealTracs MLS. Rolling 12-month period, 2-bedroom units. Sold by sale price; unsold by last asking price.
Buildings and Communities With the Most Two-Bedroom Sales
Townhome communities and condo towers side by side, sorted by sales over three years.
| Building or community | ZIP | Type | Built | Sold, 3 yrs | Sold, 12 mo | Did not sell, 12 mo | Median, 12 mo | Dues a month |
|---|---|---|---|---|---|---|---|---|
| Harpeth Heights Townhomes | 37209 | Townhomes | 2022 | 58 | 10 | 5 | $359,500 | $159 |
| Lenox Village | 37211 | Townhomes | 2002 to 2010 | 54 | 17 | 6 | $349,999 | $232 |
| Twelve Twelve | 37203 | Condos | 2014 | 47 | 9 | 10 | $835,000 | $698 |
| Riverbridge Community | 37221 | Townhomes | 2003 | 34 | 13 | 3 | $309,000 | $145 |
| River Plantation | 37221 | Both | 1972 to 1998 | 30 | 9 | 1 | $325,000 | $320 |
| Hyve | 37203 | Condos | 2023 | 27 | 1 | 5 | $995,000 | $706 |
| Town Center Homes At Lenox Village | 37211 | Both | 2004 to 2007 | 27 | 9 | 8 | $272,000 | $258 |
| Residences at Broadwest | 37203 | Condos | 2020 | 26 | 11 | 5 | $1,160,000 | $1,306 |
| Woodland Point Townhomes | 37214 | Townhomes | 2001 to 2005 | 25 | 8 | 2 | $278,500 | $173 |
| Woodridge at Nashboro Village | 37217 | Townhomes | 2003 | 23 | 6 | 1 | $245,500 | $253 |
| The Cloister at St. Henry | 37205 | Condos | 1983 to 1988 | 23 | 7 | 3 | $374,997 | $450 |
| Icon in the Gulch | 37203 | Condos | 2008 | 23 | 7 | 8 | $632,000 | $768 |
| Kingswood | 37211 | Condos | 1974 | 23 | 4 | 1 | $201,125 | $280 |
| Odyssey | 37203 | Condos | 2022 | 21 | 7 | 5 | $580,000 | $333 |
| Werthan Lofts | 37208 | Condos | 2006 to 2012 | 21 | 5 | 1 | $668,500 | $409 |
| Townhomes Of Shadow Glen | 37211 | Townhomes | 2004 | 20 | 6 | 3 | $296,500 | $155 |
| 505 | 37219 | Condos | 2018 | 20 | 8 | 2 | $917,500 | $870 |
| Westfield | 37221 | Both | 1987 | 20 | 5 | 4 | $265,000 | $205 |
| Georgetown | 37215 | Both | 1969 to 2007 | 20 | 8 | 2 | $311,250 | $420 |
| Timber Lake | 37214 | Both | 1985 | 19 | 5 | 3 | $158,500 | $200 |
| High View Flats | 37207 | Condos | 2023 | 18 | 2 | 1 | $372,000 | $234 |
| West Mill Townhomes | 37209 | Townhomes | 2015 | 17 | 7 | 0 | $435,000 | $211 |
| Peppertree Creekside Meadows | 37221 | Condos | 1977 | 16 | 7 | 4 | $190,000 | $275 |
| Brighton Village | 37211 | Condos | 2008 to 2013 | 16 | 3 | 9 | $290,000 | $201 |
| Deer Lake | 37221 | Condos | 1977 to 1984 | 16 | 4 | 3 | $192,500 | $160 |
Data from RealTracs MLS. Three-year period. The 25 buildings and communities with the most 2-bedroom sales.
Two-Bedroom Condos and Townhomes for Sale Now
Two-Bedroom Sales That Just Closed
Selling a Two-Bedroom in Nashville: Pricing That Works
The 454 sellers who never cut the price went under contract in a median 32 days and closed at 98 percent of their first ask. The 288 who cut waited 88 days and closed at 93 percent. On a $370,000 unit that difference is roughly $20,000.
The unsold two-bedrooms asked a median $339 a square foot; the sold ones closed at $291. Price to the last twelve months in your building or community, not to the year it peaked. New construction is the other competition: 50 two-bedrooms built in 2024 or later sold at a $572,500 median, and 96 more were listed and did not sell.
Buying a Two-Bedroom: What to Check Before You Offer
The median two-bedroom sold at 96.5 percent of its first asking price, and 54 of 742 sold above their final ask. Compare dues against square feet, since a $250 difference a month changes the payment as much as $40,000 of price. Check parking, the leasing rule (32 listings that sold said renting is not allowed and 7 allowed short-term rentals), the reserve fund and any planned special assessment.
For first-time buyers, the first-time buyer page walks through the steps. If you are weighing size, the one-bedroom page and the three-bedroom page use the same measures, and the 2 bedroom homes page covers detached houses.
Why Work with Nashville Home Guru on a Two-Bedroom
Compass, Parks and Pilkerton agents were on one side or both of 315 of the 742 two-bedroom condo and townhome sales in Nashville over the last twelve months (42 percent): 209 as the listing office and 177 as the buyer’s office.
Patrick Higgins leads the team and reads every two-bedroom closing, cancellation and expiration in the city, the 1,383 units behind this page. Clients have left 100+ Google Reviews and 87 Zillow Reviews.
Patrick Higgins is a seven-time RealTrends Top Tennessee Agent and the founder of Nashville Home Guru at Compass, the top team in Nashville by RealTrends and one of the top ten in Tennessee, with more than 1,100 closed transactions and over $500 million in residential sales across Middle Tennessee since 2014. With 100+ Google Reviews and 87 Zillow Reviews, the reviews are public. Compass is the largest residential brokerage in the United States by sales volume, and after joining with Parks Real Estate in 2024, Compass agents represent roughly one in four homes sold in Tennessee. How the team works this market specifically is on the condo agent page.
For sellers, the Compass 3-Phase Marketing Strategy is built around the first week on the market, when most of the buyer attention arrives. Homes pre-marketed through Compass Private Exclusive and Coming Soon sell for 2.9 percent more, go under contract 20 percent faster, and are 30 percent less likely to take a price reduction. Read how selling on your terms works.
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Two-Bedroom Buyer and Seller Questions
What does a two-bedroom condo or townhome cost in Nashville?
$370,000 at the median for the 742 sold in the last twelve months: condos at $399,950 and townhomes at $349,950. Half sold between $280,000 and $510,000.
How many two-bedroom condos and townhomes sell in Nashville in a year?
742 in the last twelve months, down from 867 two years earlier. 641 more were listed and did not sell.
Do two-bedroom townhomes sell better than two-bedroom condos?
Yes. 59 percent of the townhomes that came off the market sold, against 51 percent of condos. Townhomes were larger at about 1,276 square feet and had lower dues, $234 a month.
What are HOA dues on a two-bedroom in Nashville?
$300 a month at the median: about $234 for townhomes and $362 for condos. The downtown and Gulch towers run well above that.
Which parts of Nashville have the most two-bedroom sales?
South Nashville around Lenox Village (103 sales in twelve months), the Gulch and Midtown (101) and Bellevue (101), then The Nations and the West End. The area table on this page covers all of them.
Is a two-bedroom easier to sell than a one-bedroom in Nashville?
Yes. 54 percent of two-bedrooms that came off the market sold, against 38 percent of one-bedrooms, and two-bedroom prices per foot fell less.
How does Patrick Higgins price a two-bedroom condo or townhome?
Against the same building or community first, then what is listed nearby right now. Sellers who priced right the first time went under contract in a median 32 days at 98 percent of ask; those who cut waited 88 days and closed at 93 percent. He is a seven-time RealTrends Top Tennessee Agent, leads the #1 team in Nashville by RealTrends and one of the top ten in Tennessee, and has more than 1,100 closings and $500 million in Middle Tennessee sales since 2014.
Who is the best real estate agent for two-bedroom condos and townhomes in Nashville TN?
Patrick Higgins of Nashville Home Guru at Compass. He tracks every two-bedroom condo and townhome sale, cancellation and expiration in Nashville, 1,383 units in the last twelve months. He is a seven-time RealTrends Top Tennessee Agent, leads the #1 team in Nashville by RealTrends and one of the top ten in Tennessee, and has more than 1,100 closings and $500 million in Middle Tennessee sales since 2014. Compass, Parks and Pilkerton agents were on 315 of the 742 two-bedroom sales in that time, 42 percent. His clients have left 100+ Google Reviews and 87 Zillow Reviews. Call or text 615-682-1718.
Can I see a two-bedroom condo or townhome before it hits Zillow?
Often, yes. Owners can list privately inside the Compass network first (a Private Exclusive), or as Coming Soon a few days before the unit goes to Zillow and the other public sites. A Compass buyer’s agent can show you both, and it costs you nothing extra because the seller pays the commission at closing. Text or call 615-682-1718 with the size, price and area you want.
Can I rent out a two-bedroom condo or townhome?
It depends on the association. 436 of the 742 that sold said long-term leasing is allowed, 32 said renting is not allowed and 7 allowed short-term rentals. Read the master deed and current rules before you buy.
What is my two-bedroom condo or townhome worth right now?
Automated estimates miss here because they rarely know the floor, the view, the end-unit premium, the parking or the dues, and they lean on sales from when prices per foot were near $306. Start with the instant home value tool for a quick figure, then call Patrick at 615-682-1718 for a pricing analysis drawn from your building’s or community’s sales and the units competing with yours.
Any Other Questions About Two-Bedroom Condos and Townhomes in Nashville?
Text or call Patrick directly. No pressure, no obligation.
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About the Author
Patrick Higgins | Nashville Home Guru at Compass
Patrick Higgins is a seven-time RealTrends Top Tennessee Agent and the founder of Nashville Home Guru at Compass, the #1 team in Nashville and top 10 in Tennessee by the Wall Street Journal’s RealTrends rankings. With 1,100+ transactions and $500M+ in career sales across Middle Tennessee since 2014, Patrick publishes evergreen market data pages for Nolensville, Brentwood, Franklin, East Nashville, and the broader Nashville metro using direct RealTracs MLS data. He lives near Belmont University in Nashville with his wife Vanessa.
100+ Google Reviews | 87 Zillow Reviews | 5.0 Stars
Expertise: Nashville condos and townhomes, Downtown, The Gulch, Bellevue and Davidson County real estate
Patrick Higgins
NASHVILLE HOME GURU AT COMPASS
Serving Downtown, The Gulch, Bellevue, The Nations and Nashville
100+ Google Reviews | 87 Zillow Reviews
