ZIP 37015 Housing Market Report

Nashville Metro

Report period: August 2026

37015 Monthly Market Update – August 2026

ZIP 37015 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$359,900
0.0%
Median DOM (Sales)
74
+2.8%
New Listings (Sales)
10
−67.7%
Median Rent
$1,880
+1.9%
Median DOM (Rental)
40
+25.0%
Total Rental Listings
45
−6.3%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Multi-Family (5 DOM)
  • Fastest renting: Multi-Family (35 DOM)
  • Strongest bedroom: 5 Beds ($1,499,900 median)

Sales Market Overview

Median Price
$359,900
0.0%
Median DOM
74
+2.8%
New Listings
10
−67.7%
Inventory
188
−4.1%
  • Average Price: $567,380
  • Median Price: $359,900
  • Price Range: $58,000 – $7,495,000
  • Price per Sq Ft (Avg/Median): $288 / $250
  • Square Footage (Avg/Median): 1,930 / 1,563
  • Square Footage Range: 544 – 8,273
  • Days on Market (Avg/Median): 88 / 74
  • Days on Market Range: 1 – 334
  • New Listings: 10
  • Total Listings: 188

Sales by Property Type

Condo
Avg/Median Price$451,966 / $419,999Range$199,999 – $1,100,000Price per Sq Ft$279 / $306Sq Ft1,569 / 1,400DOM92 / 116New2Total12
Land
Avg/Median Price$514,185 / $234,000Range$58,000 – $7,495,000Price per Sq FtSq FtDOM129 / 125New2Total48
Manufactured
Avg/Median Price$314,525 / $325,000Range$99,900 – $484,900Price per Sq Ft$267 / $238Sq Ft1,194 / 1,133DOM48 / 39New0Total8
Multi-Family
Avg/Median Price$730,000 / $510,000Range$510,000 – $950,000Price per Sq Ft$212 / $172Sq Ft3,774 / 2,025DOM89 / 5New1Total2
Single Family
Avg/Median Price$649,899 / $399,900Range$99,900 – $4,300,000Price per Sq Ft$303 / $255Sq Ft2,027 / 1,645DOM70 / 56New5Total106
Townhouse
Avg/Median Price$308,117 / $269,900Range$225,000 – $379,900Price per Sq Ft$189 / $190Sq Ft1,617 / 1,477DOM102 / 83New0Total12

Sales by Bedroom Count

Studio
Avg:$318,300Median:$325,000Range:$230,000 – $399,900PSF:$256 / $224Sq Ft:1,311 / 1,248DOM:41 / 21New:0Total:3
1 Beds
Avg:$891,600Median:$249,900Range:$174,900 – $2,250,000PSF:$944 / $322Sq Ft:817 / 900DOM:32 / 7New:1Total:3
2 Beds
Avg:$336,714Median:$274,900Range:$99,900 – $649,995PSF:$256 / $265Sq Ft:1,305 / 1,318DOM:60 / 54New:1Total:21
3 Beds
Avg:$455,369Median:$369,900Range:$99,900 – $1,830,000PSF:$257 / $247Sq Ft:1,763 / 1,563DOM:77 / 68New:4Total:89
4 Beds
Avg:$1,251,711Median:$699,900Range:$274,900 – $4,300,000PSF:$337 / $237Sq Ft:3,177 / 2,392DOM:85 / 62New:0Total:17
5 Beds
Avg:$1,635,780Median:$1,499,900Range:$510,000 – $2,995,000PSF:$484 / $343Sq Ft:3,579 / 3,640DOM:116 / 89New:0Total:5
6 Beds
Avg:$350,000Median:$350,000Range:$350,000 – $350,000PSF:$172 / $172Sq Ft:2,037 / 2,037DOM:1 / 1New:1Total:1
8 Beds
Avg:$950,000Median:$950,000Range:$950,000 – $950,000PSF:$172 / $172Sq Ft:5,524 / 5,524DOM:5 / 5New:1Total:1

Rental Market Overview

Median Rent
$1,880
+1.9%
Median DOM
40
+25.0%
New Listings
3
Inventory
45
−6.3%
  • Average Rent: $1,815
  • Median Rent: $1,880
  • Rent Range: $750 – $3,225
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,343 / 1,325
  • Square Footage Range: 500 – 2,673
  • Days on Market (Avg/Median): 69 / 40
  • Days on Market Range: 1 – 365
  • New Listings: 3
  • Total Listings: 45

Rentals by Property Type

Apartment
$1,250
Median DOM: 78
Inventory: 8
MoM: +1.9%
Condo
$1,550
Median DOM: 41
Inventory: 8
MoM: +1.9%
Single Family
$2,200
Median DOM: 35
Inventory: 21
MoM: +1.9%
Townhouse
$2,200
Median DOM: 35
Inventory: 6
MoM: +1.9%
Apartment
Avg/Median Rent$1,316 / $1,250Range$900 – $1,550Rent per Sq Ft$2 / $2Sq Ft856 / 787DOM118 / 78New0Total8
Condo
Avg/Median Rent$1,581 / $1,550Range$750 – $2,800Rent per Sq Ft$2 / $2Sq Ft1,058 / 1,000DOM88 / 41New0Total8
Multi-Family
Avg/Median Rent$1,360 / $1,325Range$1,325 – $1,395Rent per Sq Ft$2 / $1Sq Ft850 / 800DOM39 / 35New0Total2
Single Family
Avg/Median Rent$2,034 / $2,200Range$996 – $3,225Rent per Sq Ft$1 / $1Sq Ft1,626 / 1,552DOM48 / 35New3Total21
Townhouse
Avg/Median Rent$2,174 / $2,200Range$1,845 – $2,400Rent per Sq Ft$1 / $1Sq Ft1,595 / 1,474DOM71 / 35New0Total6

Rentals by Bedroom Count

Studio
Avg:$750Median:$750Range:$750 – $750PSF:$2 / $2Sq Ft:500 / 500DOM:239 / 239New:0Total:1
1 Beds
Avg:$1,284Median:$1,239Range:$1,200 – $1,414PSF:$2 / $2Sq Ft:693 / 731DOM:64 / 22New:0Total:3
2 Beds
Avg:$1,339Median:$1,395Range:$900 – $1,700PSF:$1 / $2Sq Ft:942 / 873DOM:79 / 40New:1Total:15
3 Beds
Avg:$2,135Median:$2,200Range:$996 – $2,800PSF:$1 / $1Sq Ft:1,619 / 1,474DOM:61 / 41New:1Total:24
4 Beds
Avg:$2,862Median:$2,500Range:$2,500 – $3,225PSF:$1 / $1Sq Ft:2,233 / 1,920DOM:6 / 1New:1Total:2

6-Month Sales Trend

Mar 2026
Median Price:$370,990Median DOM:53New:48Total:199
Apr 2026
Median Price:$375,000Median DOM:56New:40Total:207
May 2026
Median Price:$369,900Median DOM:55New:49Total:213
Jun 2026
Median Price:$359,900Median DOM:57New:38Total:201
Jul 2026
Median Price:$359,900Median DOM:72New:31Total:196
Aug 2026
Median Price:$359,900Median DOM:74New:10Total:188

6-Month Rental Trend

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:6Total:32
Jun 2026
Median Rent:$1,975Median DOM:44New:14Total:39
Jul 2026
Median Rent:$1,845Median DOM:32New:18Total:48
Aug 2026
Median Rent:$1,880Median DOM:40New:3Total:45

Key Market Takeaways

Median sale prices held steady 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.

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