Nashville Metro Housing Market Report
Report period: August 2026
Nashville Metro Housing Market Report – August 2026
Nashville Metro · Last updated Aug 13, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$654,364
−1.5%
Median DOM (Sales)
52
+1.0%
New Listings (Sales)
1,736
−67.3%
Median Rent
$2,245
+0.2%
Median DOM (Rental)
23
+4.9%
Total Rental Listings
6,836
−0.8%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Apartment (40 DOM)
- Fastest renting: Single Family (13 DOM)
- Strongest bedroom: 7 Beds ($2,388,968 median)
Sales Market Overview
Median Price
$646,008
−1.5%
Median DOM
52
+1.0%
New Listings
1,736
−67.3%
Inventory
20,374
−0.7%
- Average Price: $829,618
- Median Price: $646,008
- Price Range: $169,762 – $5,281,064
- Price per Sq Ft (Avg/Median): $324 / $294
- Square Footage (Avg/Median): 2,401 / 2,210
- Square Footage Range: 838 – 7,413
- Days on Market (Avg/Median): 69 / 52
- Days on Market Range: 7 – 311
- New Listings: 1,736
- Total Listings: 20,374
Sales by Property Type
Land
Avg/Median Price$926,060 / $534,120Range$180,460 – $4,154,611Price per Sq Ft—Sq Ft—DOM113 / 93New85Total1,880
Manufactured
Avg/Median Price$395,861 / $359,064Range$300,943 – $526,994Price per Sq Ft$314 / $232Sq Ft1,516 / 1,445DOM70 / 59New11Total202
Single Family
Avg/Median Price$883,882 / $716,552Range$252,402 – $4,012,274Price per Sq Ft$316 / $288Sq Ft2,597 / 2,428DOM59 / 44New1,300Total13,658
Condo
Avg/Median Price$415,908 / $342,768Range$250,674 – $1,343,135Price per Sq Ft$336 / $314Sq Ft1,267 / 1,181DOM70 / 58New84Total1,397
Multi-Family
Avg/Median Price$945,152 / $743,606Range$600,980 – $1,598,614Price per Sq Ft$333 / $258Sq Ft2,747 / 2,342DOM85 / 66New10Total189
Townhouse
Avg/Median Price$465,848 / $434,793Range$267,631 – $1,053,032Price per Sq Ft$258 / $250Sq Ft1,754 / 1,715DOM65 / 49New242Total2,994
Apartment
Avg/Median Price$567,933 / $563,171Range$412,807 – $733,657Price per Sq Ft$425 / $413Sq Ft1,328 / 1,190DOM54 / 40New4Total54
Sales by Bedroom Count
2 Beds
Avg:$460,442Median:$373,460Range:$238,662 – $1,258,069PSF:$326 / $290Sq Ft:1,374 / 1,259DOM:67 / 49New:172Total:2,130
3 Beds
Avg:$668,206Median:$566,577Range:$275,373 – $2,519,030PSF:$326 / $292Sq Ft:2,011 / 1,897DOM:57 / 43New:682Total:7,866
4 Beds
Avg:$927,117Median:$774,359Range:$397,273 – $3,131,926PSF:$297 / $269Sq Ft:2,939 / 2,781DOM:61 / 46New:527Total:5,502
5 Beds
Avg:$1,424,242Median:$1,209,198Range:$731,074 – $3,475,105PSF:$333 / $301Sq Ft:3,918 / 3,645DOM:64 / 50New:197Total:1,971
Studio
Avg:$685,016Median:$647,404Range:$636,350 – $753,677PSF:$438 / $398Sq Ft:1,212 / 1,063DOM:85 / 65New:3Total:45
1 Beds
Avg:$506,701Median:$412,219Range:$367,483 – $816,988PSF:$501 / $449Sq Ft:1,023 / 914DOM:70 / 60New:48Total:635
6 Beds
Avg:$1,741,778Median:$1,492,973Range:$1,002,027 – $3,035,776PSF:$319 / $285Sq Ft:4,566 / 4,358DOM:78 / 65New:18Total:274
7 Beds
Avg:$2,584,991Median:$2,388,968Range:$2,196,881 – $3,040,290PSF:$478 / $440Sq Ft:5,541 / 5,496DOM:78 / 75New:2Total:45
8 Beds
Avg:$2,243,601Median:$1,726,977Range:$1,716,356 – $2,777,931PSF:$483 / $257Sq Ft:6,208 / 5,938DOM:101 / 91New:2Total:26
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $460,442 | $373,460 | $238,662 – $1,258,069 | $326 / $290 | 1,374 / 1,259 | 67 / 49 | 172 | 2,130 |
| 3 Beds | $668,206 | $566,577 | $275,373 – $2,519,030 | $326 / $292 | 2,011 / 1,897 | 57 / 43 | 682 | 7,866 |
| 4 Beds | $927,117 | $774,359 | $397,273 – $3,131,926 | $297 / $269 | 2,939 / 2,781 | 61 / 46 | 527 | 5,502 |
| 5 Beds | $1,424,242 | $1,209,198 | $731,074 – $3,475,105 | $333 / $301 | 3,918 / 3,645 | 64 / 50 | 197 | 1,971 |
| Studio | $685,016 | $647,404 | $636,350 – $753,677 | $438 / $398 | 1,212 / 1,063 | 85 / 65 | 3 | 45 |
| 1 Beds | $506,701 | $412,219 | $367,483 – $816,988 | $501 / $449 | 1,023 / 914 | 70 / 60 | 48 | 635 |
| 6 Beds | $1,741,778 | $1,492,973 | $1,002,027 – $3,035,776 | $319 / $285 | 4,566 / 4,358 | 78 / 65 | 18 | 274 |
| 7 Beds | $2,584,991 | $2,388,968 | $2,196,881 – $3,040,290 | $478 / $440 | 5,541 / 5,496 | 78 / 75 | 2 | 45 |
| 8 Beds | $2,243,601 | $1,726,977 | $1,716,356 – $2,777,931 | $483 / $257 | 6,208 / 5,938 | 101 / 91 | 2 | 26 |
Rental Market Overview
Median Rent
$2,198
+0.2%
Median DOM
23
+4.9%
New Listings
1,400
Inventory
6,842
−0.8%
- Average Rent: $2,398
- Median Rent: $2,198
- Rent Range: $1,238 – $5,033
- Rent per Sq Ft (Avg/Median): $2 / $1
- Square Footage (Avg/Median): 1,630 / 1,479
- Square Footage Range: 714 – 3,469
- Days on Market (Avg/Median): 40 / 23
- Days on Market Range: 7 – 208
- New Listings: 1,400
- Total Listings: 6,842
Rentals by Property Type
Apartment
$1,406
Median DOM: 98
Inventory: 1,060
MoM: +0.2%
Condo
$1,785
Median DOM: 36
Inventory: 728
MoM: +0.2%
Single Family
$2,621
Median DOM: 13
Inventory: 3,828
MoM: +0.2%
Townhouse
$2,287
Median DOM: 32
Inventory: 932
MoM: +0.2%
Manufactured
Avg/Median Rent$1,682 / $1,672Range$1,672 – $1,692Rent per Sq Ft$1 / $1Sq Ft1,301 / 1,294DOM30 / 29New0Total15
Single Family
Avg/Median Rent$2,767 / $2,621Range$1,467 – $5,053Rent per Sq Ft$2 / $1Sq Ft1,932 / 1,813DOM26 / 13New1,029Total3,828
Apartment
Avg/Median Rent$1,546 / $1,406Range$1,093 – $3,074Rent per Sq Ft$2 / $2Sq Ft853 / 772DOM121 / 98New51Total1,060
Condo
Avg/Median Rent$1,928 / $1,785Range$1,323 – $3,225Rent per Sq Ft$2 / $2Sq Ft1,205 / 1,119DOM48 / 36New122Total728
Multi-Family
Avg/Median Rent$1,709 / $1,616Range$1,289 – $2,442Rent per Sq Ft$2 / $2Sq Ft1,047 / 952DOM52 / 38New38Total278
Townhouse
Avg/Median Rent$2,351 / $2,287Range$1,668 – $3,318Rent per Sq Ft$2 / $1Sq Ft1,547 / 1,519DOM48 / 32New160Total932
Rentals by Bedroom Count
2 Beds
Avg:$1,859Median:$1,765Range:$1,364 – $2,840PSF:$2 / $2Sq Ft:1,123 / 1,065DOM:42 / 26New:247Total:1,443
3 Beds
Avg:$2,517Median:$2,386Range:$1,666 – $4,027PSF:$2 / $1Sq Ft:1,693 / 1,605DOM:31 / 19New:713Total:2,900
4 Beds
Avg:$3,328Median:$3,185Range:$2,231 – $5,073PSF:$1 / $1Sq Ft:2,440 / 2,366DOM:30 / 13New:302Total:1,210
Studio
Avg:$1,453Median:$1,383Range:$1,238 – $1,773PSF:$3 / $3Sq Ft:622 / 601DOM:113 / 100New:12Total:165
1 Beds
Avg:$1,371Median:$1,298Range:$1,047 – $1,926PSF:$2 / $2Sq Ft:731 / 702DOM:102 / 77New:78Total:904
5 Beds
Avg:$4,246Median:$4,124Range:$3,596 – $5,025PSF:$1 / $1Sq Ft:3,107 / 2,966DOM:32 / 21New:45Total:206
6 Beds
Avg:$6,371Median:$6,253Range:$6,253 – $6,489PSF:$1 / $1Sq Ft:4,725 / 4,541DOM:25 / 21New:3Total:13
7 Beds
Avg:$8,500Median:$8,500Range:$8,500 – $8,500PSF:$2 / $2Sq Ft:5,429 / 5,429DOM:32 / 32New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $1,859 | $1,765 | $1,364 – $2,840 | $2 / $2 | 1,123 / 1,065 | 42 / 26 | 247 | 1,443 |
| 3 Beds | $2,517 | $2,386 | $1,666 – $4,027 | $2 / $1 | 1,693 / 1,605 | 31 / 19 | 713 | 2,900 |
| 4 Beds | $3,328 | $3,185 | $2,231 – $5,073 | $1 / $1 | 2,440 / 2,366 | 30 / 13 | 302 | 1,210 |
| Studio | $1,453 | $1,383 | $1,238 – $1,773 | $3 / $3 | 622 / 601 | 113 / 100 | 12 | 165 |
| 1 Beds | $1,371 | $1,298 | $1,047 – $1,926 | $2 / $2 | 731 / 702 | 102 / 77 | 78 | 904 |
| 5 Beds | $4,246 | $4,124 | $3,596 – $5,025 | $1 / $1 | 3,107 / 2,966 | 32 / 21 | 45 | 206 |
| 6 Beds | $6,371 | $6,253 | $6,253 – $6,489 | $1 / $1 | 4,725 / 4,541 | 25 / 21 | 3 | 13 |
| 7 Beds | $8,500 | $8,500 | $8,500 – $8,500 | $2 / $2 | 5,429 / 5,429 | 32 / 32 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$638,656Median DOM:43New:5,805Total:17,678
Apr 2026
Median Price:$650,542Median DOM:42New:5,864Total:19,223
May 2026
Median Price:$654,524Median DOM:46New:5,881Total:20,203
Jun 2026
Median Price:$658,291Median DOM:47New:5,507Total:20,423
Jul 2026
Median Price:$664,269Median DOM:51New:5,306Total:20,510
Aug 2026
Median Price:$654,364Median DOM:52New:1,736Total:20,369
6-Month Rental Trend
Mar 2026
Median Rent:$2,183Median DOM:25New:2,429Total:6,540
Apr 2026
Median Rent:$2,168Median DOM:24New:2,317Total:6,746
May 2026
Median Rent:$2,224Median DOM:22New:2,436Total:6,684
Jun 2026
Median Rent:$2,252Median DOM:22New:2,554Total:6,693
Jul 2026
Median Rent:$2,241Median DOM:22New:2,650Total:6,893
Aug 2026
Median Rent:$2,245Median DOM:23New:1,400Total:6,836
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, while total rental inventory tightened.
Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.
ZIP Code Reports
Detailed reports for ZIP codes in Nashville Metro.