ZIP 37015 Housing Market Report

Nashville Metro

Report period: May 2026

37015 Monthly Market Update – May 2026

ZIP 37015 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$369,990
−1.3%
Median DOM (Sales)
54
−3.6%
New Listings (Sales)
15
−62.5%
Median Rent
$1,850
−3.9%
Median DOM (Rental)
55
+12.2%
Total Rental Listings
34
−5.6%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Manufactured (26 DOM)
  • Fastest renting: Multi-Family (13 DOM)
  • Strongest bedroom: 5 Beds ($1,599,000 median)

Sales Market Overview

Median Price
$369,990
−1.3%
Median DOM
54
−3.6%
New Listings
15
−62.5%
Inventory
205
−1.0%
  • Average Price: $528,910
  • Median Price: $369,990
  • Price Range: $50,000 – $7,495,000
  • Price per Sq Ft (Avg/Median): $263 / $238
  • Square Footage (Avg/Median): 1,957 / 1,650
  • Square Footage Range: 624 – 12,403
  • Days on Market (Avg/Median): 81 / 54
  • Days on Market Range: 2 – 358
  • New Listings: 15
  • Total Listings: 205

Sales by Property Type

Condo
Avg/Median Price$420,006 / $385,000Range$209,000 – $1,100,000Price per Sq Ft$277 / $317Sq Ft1,477 / 1,370DOM60 / 36New0Total18
Land
Avg/Median Price$383,828 / $215,000Range$50,000 – $3,900,000Price per Sq FtSq FtDOM114 / 114New2Total45
Manufactured
Avg/Median Price$251,150 / $250,000Range$115,000 – $385,000Price per Sq Ft$198 / $192Sq Ft1,314 / 1,248DOM59 / 26New2Total14
Multi-Family
Avg/Median Price$472,500 / $345,000Range$345,000 – $600,000Price per Sq Ft$272 / $248Sq Ft1,708 / 1,392DOM129 / 81New0Total2
Single Family
Avg/Median Price$664,131 / $400,000Range$119,900 – $7,495,000Price per Sq Ft$276 / $246Sq Ft2,160 / 1,831DOM73 / 53New9Total113
Townhouse
Avg/Median Price$314,331 / $281,000Range$217,900 – $405,000Price per Sq Ft$196 / $207Sq Ft1,585 / 1,477DOM83 / 50New2Total13

Sales by Bedroom Count

1 Beds
Avg:$223,300Median:$234,900Range:$170,000 – $265,000PSF:$297 / $307Sq Ft:748 / 731DOM:96 / 138New:0Total:3
2 Beds
Avg:$316,624Median:$295,000Range:$115,000 – $725,000PSF:$255 / $247Sq Ft:1,230 / 1,298DOM:48 / 31New:1Total:29
3 Beds
Avg:$438,394Median:$379,900Range:$119,900 – $1,875,000PSF:$247 / $238Sq Ft:1,776 / 1,689DOM:77 / 55New:10Total:97
4 Beds
Avg:$966,263Median:$435,000Range:$339,000 – $4,300,000PSF:$281 / $207Sq Ft:2,975 / 2,471DOM:72 / 53New:2Total:27
5 Beds
Avg:$3,172,250Median:$1,599,000Range:$600,000 – $7,495,000PSF:$568 / $298Sq Ft:5,646 / 2,790DOM:123 / 81New:0Total:4

Rental Market Overview

Median Rent
$1,850
−3.9%
Median DOM
55
+12.2%
New Listings
2
Inventory
34
−5.6%
  • Average Rent: $1,931
  • Median Rent: $1,850
  • Rent Range: $750 – $2,900
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,507 / 1,474
  • Square Footage Range: 500 – 3,019
  • Days on Market (Avg/Median): 64 / 55
  • Days on Market Range: 1 – 274
  • New Listings: 2
  • Total Listings: 34

Rentals by Property Type

Apartment
$1,300
Median DOM: 14
Inventory: 5
MoM: −3.9%
Condo
$1,550
Median DOM: 76
Inventory: 5
MoM: −3.9%
Single Family
$2,200
Median DOM: 39
Inventory: 18
MoM: −3.9%
Townhouse
$2,400
Median DOM: 77
Inventory: 4
MoM: −3.9%
Apartment
Avg/Median Rent$1,343 / $1,300Range$1,185 – $1,500Rent per Sq Ft$2 / $2Sq Ft755 / 732DOM83 / 14New1Total5
Condo
Avg/Median Rent$1,700 / $1,550Range$750 – $2,900Rent per Sq Ft$2 / $2Sq Ft1,103 / 1,008DOM106 / 76New0Total5
Manufactured
Avg/Median Rent$1,925 / $1,925Range$1,925 – $1,925Rent per Sq Ft$1 / $1Sq Ft1,650 / 1,650DOM20 / 20New0Total1
Multi-Family
Avg/Median Rent$1,800 / $1,800Range$1,800 – $1,800Rent per Sq Ft$2 / $2Sq Ft1,075 / 1,075DOM13 / 13New0Total1
Single Family
Avg/Median Rent$2,093 / $2,200Range$916 – $2,715Rent per Sq Ft$1 / $1Sq Ft1,749 / 1,778DOM50 / 39New1Total18
Townhouse
Avg/Median Rent$2,262 / $2,400Range$1,850 – $2,400Rent per Sq Ft$1 / $1Sq Ft1,746 / 1,837DOM65 / 77New0Total4

Rentals by Bedroom Count

Studio
Avg:$750Median:$750Range:$750 – $750PSF:$2 / $2Sq Ft:500 / 500DOM:148 / 148New:0Total:1
1 Beds
Avg:$1,307Median:$1,185Range:$1,185 – $1,429PSF:$2 / $2Sq Ft:674 / 616DOM:14 / 14New:0Total:2
2 Beds
Avg:$1,544Median:$1,550Range:$1,300 – $1,750PSF:$2 / $2Sq Ft:970 / 884DOM:74 / 43New:1Total:9
3 Beds
Avg:$2,152Median:$2,250Range:$916 – $2,900PSF:$1 / $1Sq Ft:1,688 / 1,778DOM:61 / 55New:1Total:19
4 Beds
Avg:$2,400Median:$2,300Range:$2,300 – $2,500PSF:$1 / $1Sq Ft:2,745 / 2,471DOM:55 / 52New:0Total:2
5 Beds
Avg:$2,715Median:$2,715Range:$2,715 – $2,715PSF:$1 / $1Sq Ft:2,546 / 2,546DOM:17 / 17New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$389,000Median DOM:99New:28Total:230
Jan 2026
Median Price:$389,990Median DOM:95New:39Total:229
Feb 2026
Median Price:$390,000Median DOM:67New:40Total:217
Mar 2026
Median Price:$370,990Median DOM:53New:48Total:199
Apr 2026
Median Price:$375,000Median DOM:56New:40Total:207
May 2026
Median Price:$369,990Median DOM:54New:15Total:205

6-Month Rental Trend

Dec 2025
Median Rent:$1,850Median DOM:57New:8Total:34
Jan 2026
Median Rent:$1,800Median DOM:47New:10Total:39
Feb 2026
Median Rent:$1,805Median DOM:37New:14Total:42
Mar 2026
Median Rent:$1,850Median DOM:42New:6Total:36
Apr 2026
Median Rent:$1,925Median DOM:49New:7Total:36
May 2026
Median Rent:$1,850Median DOM:55New:2Total:34

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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.

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