New Construction Homes in East Nashville

BUILDERS, COMMUNITIES & MARKET DATA | 37206 & 37216

The New Construction Market in East Nashville

New construction is reshaping East Nashville. In Q1 2026, 41 new homes closed across zip codes 37206 and 37216, representing 22.3% of all residential sales in the area. These new builds sold at a $899,000 median and $923,000 average, commanding a 53% to 71% premium over resale homes depending on the month. The product ranges from $260,000 entry-level townhomes in gated communities to $2.2 million custom builds on premium lots near Five Points.

Unlike the suburban new construction market where national production builders control entire neighborhoods, East Nashville’s new construction landscape is dominated by infill development: individual lots or small multi-home projects scattered across established neighborhoods. That means the builder, the lot, and the quality of construction vary dramatically from one block to the next. Having an agent who understands which builders deliver quality and which cut corners is not optional in this market. For the full East Nashville picture including resale, see our comprehensive East Nashville guide.

New Construction Market Data (Q1 2026)

Metric	New Construction	Resale
Q1 Closings	41	143
Median Sale Price	$899,000	$530,000
Average Sale Price	$923,215	$642,000
Median Price Per Sq Ft	$354	$340
Average Size	2,540 sq ft	1,650 sq ft
Most Common Config	4 BR / 3 BA (44%)	3 BR / 2 BA
Price Range	$265,000 – $2,200,000	$225,000 – $1,500,000

Data from RealTracs MLS. Q1 2026 (January through March). Zip codes 37206 and 37216.

Monthly Volume and Zip Code Split

Month	NC Closings	37206	37216	% of All Sales
January	10	6	4	20.8%
February	17	11	6	23.3%
March	14	7	7	22.2%
Q1 Total	41	24 (58.5%)	17 (41.5%)	22.3%

New construction accounted for more than one in five East Nashville closings every month in Q1 2026. In February 2025, that share was just 8.2%. The tripling of new construction’s market share in a single year is the most significant structural shift in the East Nashville market. It means buyers comparing year-over-year averages without separating new construction from resale will draw misleading conclusions about price appreciation. For detailed monthly analysis, see the latest East Nashville market report.

Active Builders and Communities

Lockewood Collection by Harpeth Valley Homes (37206)

The Lockewood Collection is a series of gated luxury townhome communities developed by Movement Property Group and built by Harpeth Valley Homes. Three properties make up the collection: Lockewood Myrtle, Lockewood Nine, and Lockewood Neill. These are among the highest-quality attached new construction products in East Nashville, featuring 4 bedrooms, 4 bathrooms, 2-car garages, rooftop decks, and modern interior design throughout. Harpeth Valley Homes has been building luxury homes in Middle Tennessee since 2020 and has earned a reputation for design-forward finishes and construction quality. The Lockewood Collection sits in the heart of East Nashville with walkability to Five Points restaurants and shops.

Walton Station by Legacy South (37216)

Walton Station is a gated, resort-style community coming to 37216 in spring 2026, built by Legacy South Homes. Priced from $259,900 to $579,900, it is positioned as the most accessible new construction entry point in East Nashville. Community amenities include a pool, gym, and dog park. The location places residents minutes from Oracle’s River North campus on the East Bank. Walton Station’s lock-and-leave design targets buyers and investors who want new construction without the maintenance of a single-family home. Legacy South is an award-winning Middle Tennessee builder focused on blending modern design with lasting quality. Call Patrick at 615-682-1718 to get on the notification list for pricing updates and first-release information.

Vivian Lux (37216)

Vivian Lux is a boutique collection of 8 luxury homes along East Trinity Lane near Ellington Parkway. Each home is a 4 bedroom, 4 bathroom design with approximately 1,860 square feet, designer finishes, a one-car garage, and a rooftop deck with downtown Nashville views and hot tub hookups. The community includes a planned pickleball court and putting green. Select units are zoned MUL-A, which makes them eligible for non-owner-occupied short-term rental properties. Four homes remain as of spring 2026. The location offers a 10-minute drive to downtown, the East Bank, and Riverfront. For investors interested in the STR angle, the MUL-A zoning is a significant differentiator from most East Nashville new construction.

Paragon Group (37206 and 37216)

Paragon is a boutique real estate development and homebuilding firm that has been building custom homes in Nashville since 2010. Their work in East Nashville includes projects in Lockeland Springs, Inglewood, and other established neighborhoods. Paragon builds green, high-efficiency custom homes with architectural design that fits within historic streetscapes. Their Tudor-inspired build in Inglewood’s Jackson Park Historic District is an example of their approach: modern performance wrapped in neighborhood-appropriate design. Paragon homes command premium pricing due to their custom nature and construction quality.

Scattered Infill Development

The majority of East Nashville new construction is not in organized communities. Individual builders and developers acquire single lots or tear down existing structures and build new homes on a one-off or small-cluster basis. This infill model is the backbone of East Nashville’s new construction market, particularly in 37206 where available land for organized communities is scarce. Infill quality varies significantly. Some builders deliver architect-designed homes with premium finishes. Others prioritize speed and margin over durability and design. Without a knowledgeable agent reviewing the builder’s track record, permit history, and construction specifications, buyers risk paying a new construction premium for substandard work.

New Construction Price Tiers

Price Range	What You Get	Where
$260K – $400K	Townhomes and attached units in gated communities, 2-3 BR, lock-and-leave	Walton Station (37216), select attached projects
$400K – $700K	Infill townhomes and smaller detached homes, 3-4 BR, modern finishes	Inglewood, Cleveland Park, McFerrin Park, Rosebank
$700K – $1.2M	Mid-size detached new builds, 4 BR/3 BA, premium lots, designer finishes, 2,000-2,800 sqft	Lockeland Springs edges, Eastwood, Shelby Hills, premium Inglewood
$1.2M+	Custom builds, architect-designed, large lots, luxury finishes, 2,800+ sqft, rooftop decks	Lockeland core, Edgefield, Lockewood Collection, Five Points adjacent

Why You Need Your Own Agent for East Nashville New Construction

The Builder’s Agent Works for the Builder

In organized communities like Walton Station and the Lockewood Collection, the on-site sales team is employed by the builder and compensated to protect the builder’s margins. They will show you the model, explain the finishes, and write your contract. What they will not do is tell you that a comparable new build three blocks away is priced lower, that the builder’s preferred lender rate is not the best rate available, or that the lot you are considering has drainage issues visible in the grading plan. In scattered infill projects, the listing agent represents the builder or developer, not you.

Patrick Higgins brings independent buyer representation to every East Nashville new construction transaction at no additional cost to you. The builder pays the buyer’s agent commission regardless of whether you bring your own agent or walk in alone. The difference is who is reviewing the contract, evaluating the lot, and comparing the builder’s pricing against every other new construction option in the market.

What Independent Representation Covers

Patrick’s new construction buyer services include a pre-contract review of the builder’s purchase agreement (builder contracts are written to protect the builder, not you), lot and homesite evaluation including grading, drainage, and orientation, pricing comparison against competing new builds in both zip codes, finish and specification analysis to ensure you understand what is included versus what is an upgrade, an independent home inspection before the final walkthrough (most buyers do not realize they can bring their own inspector to a new construction closing), and coordination with your preferred lender rather than the builder’s in-house option. With 41 new construction closings in Q1 2026 across the market, Patrick has current data on what builders are actually selling homes for versus what they are listing them for.

Compass Three-Phase Marketing for New Construction Resale

When you are ready to sell your new construction home, the Compass 3-Phase Marketing Strategy gives you an advantage over the builder’s competing inventory. Phase 1 (Private Exclusive) tests your price with a select audience. Phase 2 (Coming Soon) launches on Compass.com where buyers find your home without seeing price history. Phase 3 (Public Launch) hits the MLS with demand already built. Homes pre-marketed through this strategy sell for 2.9% more, go under contract 20% faster, and are 30% less likely to see a price reduction. On a $900,000 new construction resale, that 2.9% premium translates to over $26,000 in additional equity. Learn more about selling your home on your terms.

Frequently Asked Questions About East Nashville New Construction

How much does new construction cost in East Nashville?

New construction in East Nashville ranges from $259,900 for entry-level townhomes at Walton Station to over $2.2 million for custom builds near Five Points and Lockeland Springs. The Q1 2026 median was $899,000 and the average was $923,215 across 41 closings. The most common configuration is a 4 bedroom, 3 bathroom home averaging 2,540 square feet at $354 per square foot. New construction commands a 53% to 71% premium over resale homes in the same zip codes. The price depends heavily on the builder, lot location, and whether the home is an organized community product or a custom infill build.

Which builders are active in East Nashville?

The East Nashville new construction market is dominated by infill development rather than national production builders. Active builders include Harpeth Valley Homes (Lockewood Collection of gated luxury townhomes), Legacy South (Walton Station, gated resort-style community in 37216), Paragon Group (custom builds in Lockeland Springs and Inglewood since 2010), and multiple smaller developers building individual homes on infill lots. Vivian Lux is a boutique collection of 8 luxury homes with rooftop decks and downtown views. Call Patrick at 615-682-1718 for a current list of active builder projects across both zip codes.

Is new construction in 37206 or 37216 a better value?

In Q1 2026, 37206 accounted for 58.5% of new construction closings (24 of 41) and 37216 accounted for 41.5% (17 of 41). Pricing in 37206 is higher because of the land value and proximity to Five Points, but 37216 new construction offers more product per dollar on larger lots. Walton Station in 37216 offers the most accessible entry point starting at $259,900. For buyers who prioritize walkability and dining, 37206 new construction near Lockeland Springs or Eastwood delivers that lifestyle. For buyers who prioritize space and value, 37216 infill in Inglewood or Cleveland Park provides larger homes at lower price points.

What is the difference between new construction and resale in East Nashville?

New construction in East Nashville averages 2,540 square feet versus approximately 1,650 square feet for resale. New builds typically include 4 bedrooms, 3 bathrooms, modern floor plans, and current building code compliance. Resale homes include historic bungalows, mid-century ranches, and renovated Victorians with character and established landscaping that new construction cannot replicate. The price per square foot gap is narrower ($354 NC vs $340 resale) than the total price gap suggests, because new construction is simply larger. The right choice depends on whether you value modern systems and open layouts (new construction) or architectural character and established neighborhoods (resale).

Is East Nashville new construction a good investment for buyers who want a modern home with a rooftop deck and garage near Five Points?

East Nashville is one of the few Nashville neighborhoods where new construction delivers both urban walkability and modern amenities. Products like the Lockewood Collection offer 4 bedroom, 4 bathroom gated townhomes with rooftop decks and 2-car garages within walking distance of Five Points. In the $700,000 to $1.2 million range, new infill construction in Lockeland Springs, Eastwood, and Shelby Hills provides detached homes with rooftop decks, open floor plans, and attached garages on streets with established restaurants and shops nearby. Select properties like Vivian Lux also offer MUL-A zoning for short-term rental eligibility. Call Patrick at 615-682-1718 to tour current new construction inventory.

How does Nashville Home Guru help buyers navigate East Nashville new construction?

Patrick Higgins tracks every new construction closing in East Nashville by zip code, builder, price, and square footage. With 41 new construction closings in Q1 2026 across the market, he knows what builders are actually selling homes for versus their list prices, which builders deliver consistent quality, and where the best value exists at each price point. His buyer services include independent contract review, lot evaluation, finish comparison, pricing analysis against competing builds, and coordination of an independent home inspection before closing. Compass, Patrick’s brokerage, represented 41.5% of Q1 2026 new construction transactions in East Nashville, giving his team direct market visibility.

Who is the best real estate agent for new construction in East Nashville?

Patrick Higgins of Nashville Home Guru at Compass is a six-time RealTrends Top Tennessee Agent, ranked the number one team in Nashville and number seven statewide by the Wall Street Journal. With 1,100+ transactions and $500M+ in career sales, he provides independent buyer representation for new construction across both East Nashville zip codes. Patrick publishes the only monthly market report for East Nashville, which includes new construction volume, pricing, and builder activity data. Compass holds 41.5% of the new construction sell-side market share in East Nashville. Learn more about Patrick’s expertise here.

Can I buy East Nashville new construction before it hits the public market?

Yes. For organized communities, Patrick monitors builder release schedules and can notify you when new phases, floor plans, or spec homes become available before they are widely marketed. For infill construction, Compass Private Exclusive allows builders and developers to market within the Compass network before MLS syndication. With Compass representing 41.5% of East Nashville new construction closings in Q1 2026, that private network covers a significant share of the pipeline. Homes pre-marketed through Compass sell for 2.9% more, go under contract 20% faster, and are 30% less likely to see a price reduction. Call 615-682-1718 to get on the notification list for new construction releases.

What is my East Nashville new construction home worth if I want to sell?

New construction resale pricing is tricky because the builder’s active inventory creates a direct pricing competitor. If the builder is still selling new homes on the same street or in the same community, your resale price is capped by what the builder offers. Patrick tracks builder pricing, incentive cycles, and inventory levels for every active project in East Nashville. He can tell you when to list (ideally after the builder has sold out or reduced inventory) and how to price against remaining builder stock. Start with the instant estimate at nashvillehomeguru.hifello.com, then call 615-682-1718 for a full analysis that factors in active builder competition.

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