538 Norton Ave, Nashville, TN 37207
538 Norton Ave, Nashville, TN 37207, Active at $365,900 ($262/sq ft). 3 bd · 2 ba · 1,394 sqft · $262/sqft · 0.22 ac.
538 Norton Ave, Nashville, TN 37207, Active at $365,900 ($262/sq ft). 3 bd · 2 ba · 1,394 sqft · $262/sqft · 0.22 ac.
Active · $365,900
MLS #3234174 · listed June 28, 2026 · 27 days on market · updated July 9, 2026
3-bed, 2-bath condo at 538 Norton Ave in Joywood Heights, Nashville, 1,394 sqft, $365,900 ($262/sqft), by ListingSpark.
538 Norton Ave is a 3-bedroom, 2-bath condo in Nashville, TN 37207, offered at $365,900, about $262/sq ft across 1,394 sq ft.
At $262/sq ft, this condo is about 25% below the Joywood Heights median list price per square foot of $348.
Market read: the Joywood Heights market is balanced, at about 6 months of inventory.
All-in, about $2,385/mo at 20% down (6.68% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance) run about $500/mo, roughly 21% of the all-in monthly payment.
At the current 6.68% 30-year rate, principal and interest on this condo runs about $1,885/mo; at the 6.277% rate of about three months ago it would be roughly $1,807/mo, so monthly P&I is about $78 higher now.
Next step: ask Grant Hammond anything about 538 Norton Ave (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of July 9, 2026. RealTracs via IDX.
This is a condominium; HOA dues and building context are factored into the cost and pricing analysis below.
More context: Nashville condos and building guides.
Complete reported fields for 538 Norton Ave (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $365,900 | — |
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 538 Norton Ave at $365,900: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.
| List price | $365,900 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 538 Norton Ave is about $2,385/mo, 20% down on a 30-year fixed at 6.68% (a conforming loan), including principal & interest $1,885, estimated property tax $215, homeowners insurance $285. Estimate only; not a loan offer.
| Principal & interest | $1,885/mo |
|---|---|
| Property tax (est.) | $215/mo |
| Homeowners insurance (est.) | $285/mo |
| Estimated total | $2,385/mo |
Assumes 20% down, 30-year fixed at 6.68% (Freddie Mac PMMS, as of 2026-07-23). Property tax uses the Davidson County Urban Services District rate at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 5.68% | $1,695/mo | $2,195/mo | -$190/mo |
| 6.18% | $1,789/mo | $2,289/mo | -$96/mo |
| 6.68% | $1,885/mo | $2,385/mo | current |
| 7.18% | $1,983/mo | $2,483/mo | +$98/mo |
| 7.68% | $2,083/mo | $2,583/mo | +$198/mo |
Principal & interest on a 30-year fixed at 20% down ($292,720 loan), with property tax, insurance held constant at $500/mo. Current 30-year fixed 6.68% (Freddie Mac PMMS, as of 2026-07-23). Estimate only; not a loan offer.
Owning 538 Norton Ave runs about $2,385/mo all-in, from the payment estimate above. Whether buying beats renting turns on how long you stay, how fast prices and rents move, and the rent you would otherwise pay. Turn on JavaScript to model those assumptions and find the year buying pulls ahead.
Method: net cost to own equals down payment plus about 3% closing plus payments made, minus equity built (principal paid and appreciation) and about 7% exit costs, measured against cumulative rent. Broker commissions are not set by law and are fully negotiable. Estimate only; not financial advice.
The Davidson County appraised value of $244,700 trails the $365,900 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,721 now to roughly $2,574 (appraised value times the 25% Tennessee residential ratio times the Davidson County Urban Services District rate). Reassessment timing and the certified rate can change, and a purchase does not by itself trigger reassessment. Verify with the Davidson County Assessor of Property and Trustee. Estimate only.
| Metric | This condo | Joywood Heights active | Recently sold |
|---|---|---|---|
| Price / sq ft | $262 | $348 median | - |
| Price position | 0th pctile | -25% vs median | - |
| Joywood Heights vs Nashville 37207 area | - | +17% | - |
This listing beside the active Joywood Heights market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of 2026-07-24.
At $262/sq ft, this condo is among the lowest-priced of the 10 active condos in Joywood Heights by price per square foot (0th percentile).
Joywood Heights trades about 17% above Nashville 37207 area on a price-per-square-foot basis.
Taken together, this condo reads toward the lower end per square foot for Joywood Heights.
Computed by Grant Hammond from 10 Joywood Heights comparables (RealTracs via IDX), as of 2026-07-24, refreshed weekly.
Median closed price and price per square foot by unit size in Joywood Heights, from the last 24 months of recorded sales:
| Unit size | Median sold | Median $/sq ft | Closings |
|---|---|---|---|
| 2 BR | $220,000 | $282 | 6 |
| 3 BR | $452,450 | $327 | 10 |
| 4+ BR | $505,000 | $294 | 3 |
Computed by Grant Hammond from recorded Joywood Heights closings, grouped by unit size (RealTracs via IDX).
In Joywood Heights, the median sale price per square foot has moved from about $381 (2025-10) to about $282 (2026-07), roughly 26% down across the last 6 months of recorded sales.
Computed by Grant Hammond from the monthly price-per-square-foot of recorded Joywood Heights closings (RealTracs via IDX).
| Active listings | 10 in Joywood Heights |
|---|---|
| Recent absorption | about 1.7 sales / mo |
| Months of inventory | 6 months, a balanced market |
Supply-side and recent-sale context for Joywood Heights. Sale figures are trailing 6/12/24-month medians of recorded Joywood Heights closings. Source RealTracs via IDX, as of 2026-07-24.
538 Norton Ave sits in Joywood Heights, Nashville, Davidson County.
In Joywood Heights, homes there are priced around $348 per square foot; inventory is running at about 6 months, a balanced market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-07-24.
538 Norton Ave is zoned for Tom Joy Elementary, Jere Baxter Middle, Maplewood Comp High School. Attendance zones and enrollment change, confirm current zoning with the Metro Nashville Public Schools district before relying on it.
Get the full details, recent comparable sales, and any off-market options for 538 Norton Ave - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable active listings near 538 Norton Ave, by price and size.
Listed with ListingSpark. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.
Why Nashville's condo pipeline stalled in 2026: a broker's view on Park Place, MidCity, Reed District, and the St. Regis. Plan accordingly.
The Encore condos in downtown Nashville reached sellout as the building completed its post-recession recovery, establishing stable pricing benchmarks for the downtown condo market.
5th and Main condos in Nashville recovered as FHA financing expanded buyer access and inventory declined.
The Terrazzo Nashville condo sales review for 2011 covers transaction volume, price per square foot trends, and absorption rates at the Gulch luxury high-rise.
As of the latest update (July 9, 2026), 538 Norton Ave, Nashville is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
538 Norton Ave, Nashville is listed at $365,900, about $262 per square foot across 1,394 square feet.
3 bedrooms and 2 bathrooms.
About $262 per square foot ($365,900 across 1,394 sqft).
538 Norton Ave, Nashville was built in 1951.
No garage is reported in the listing.
No HOA dues are reported for this home.
538 Norton Ave, Nashville is in the Joywood Heights subdivision of Nashville.
About $2,385 a month with 20% down on a 30-year fixed at 6.68%, principal and interest $1,885, estimated property tax $215, insurance $285. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
538 Norton Ave, Nashville is zoned for Tom Joy Elementary, Jere Baxter Middle, Maplewood Comp High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
No HOA dues are reported; confirm the building's fee structure.
At $262 per square foot, 538 Norton Ave, Nashville is in the 0th percentile of active listings in the Joywood Heights, about 25% below the $348 building median, on a fee-adjusted price-per-square-foot basis. Comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.
Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
At about $262 per square foot, 538 Norton Ave, Nashville ranks in the 0th percentile of active Joywood Heights listings by price per square foot, roughly 25% below the Joywood Heights median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Joywood Heights market is currently balanced, at about 6 months of inventory, per RealTracs as of 2026-07-24.
Thinking of selling in Joywood Heights?
Get a data-driven estimate of your home's value from Grant Hammond, Compass RE.