ZIP 37027 Housing Market Report
Nashville Metro
Report period: May 2026
37027 Monthly Market Update – May 2026
ZIP 37027 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$1,650,000
+0.1%
Median DOM (Sales)
34
+3.0%
New Listings (Sales)
50
−74.1%
Median Rent
$2,995
0.0%
Median DOM (Rental)
18
0.0%
Total Rental Listings
107
+4.9%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Apartment (28 DOM)
- Fastest renting: Multi-Family (8 DOM)
- Strongest bedroom: 8 Beds ($6,725,000 median)
Sales Market Overview
Median Price
$1,650,000
+0.1%
Median DOM
34
+3.0%
New Listings
50
−74.1%
Inventory
589
+1.7%
- Average Price: $2,001,515
- Median Price: $1,650,000
- Price Range: $225,000 – $9,749,000
- Price per Sq Ft (Avg/Median): $415 / $382
- Square Footage (Avg/Median): 4,462 / 4,211
- Square Footage Range: 780 – 13,730
- Days on Market (Avg/Median): 53 / 34
- Days on Market Range: 1 – 342
- New Listings: 50
- Total Listings: 589
Sales by Property Type
Apartment
Avg/Median Price$370,000 / $370,000Range$370,000 – $370,000Price per Sq Ft$198 / $198Sq Ft1,869 / 1,869DOM28 / 28New0Total1
Condo
Avg/Median Price$395,141 / $400,000Range$225,000 – $574,000Price per Sq Ft$311 / $307Sq Ft1,312 / 1,186DOM59 / 40New1Total17
Land
Avg/Median Price$1,910,447 / $1,400,000Range$399,999 – $7,855,000Price per Sq Ft—Sq Ft—DOM101 / 72New4Total55
Single Family
Avg/Median Price$2,255,880 / $1,865,000Range$277,900 – $9,749,000Price per Sq Ft$436 / $397Sq Ft4,898 / 4,591DOM46 / 30New42Total460
Townhouse
Avg/Median Price$518,314 / $449,900Range$278,900 – $1,749,000Price per Sq Ft$274 / $269Sq Ft1,881 / 1,758DOM63 / 41New3Total56
Sales by Bedroom Count
1 Beds
Avg:$263,960Median:$255,000Range:$225,000 – $329,900PSF:$312 / $314Sq Ft:850 / 780DOM:80 / 67New:0Total:5
2 Beds
Avg:$424,152Median:$399,900Range:$277,900 – $850,000PSF:$294 / $281Sq Ft:1,471 / 1,328DOM:68 / 53New:3Total:27
3 Beds
Avg:$837,586Median:$600,000Range:$355,000 – $3,000,000PSF:$361 / $285Sq Ft:2,289 / 2,185DOM:49 / 32New:6Total:85
4 Beds
Avg:$1,438,299Median:$1,300,000Range:$384,900 – $5,750,000PSF:$378 / $374Sq Ft:3,681 / 3,602DOM:35 / 23New:18Total:172
5 Beds
Avg:$2,723,983Median:$2,390,000Range:$784,900 – $7,995,000PSF:$465 / $440Sq Ft:5,693 / 5,423DOM:52 / 36New:16Total:181
6 Beds
Avg:$3,435,386Median:$3,225,000Range:$1,046,900 – $8,250,000PSF:$475 / $469Sq Ft:7,014 / 6,732DOM:65 / 39New:1Total:51
7 Beds
Avg:$5,754,790Median:$4,700,000Range:$3,150,000 – $9,749,000PSF:$621 / $579Sq Ft:9,429 / 9,627DOM:44 / 24New:2Total:10
8 Beds
Avg:$5,556,667Median:$6,725,000Range:$1,695,000 – $8,250,000PSF:$566 / $564Sq Ft:9,574 / 8,995DOM:108 / 126New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $263,960 | $255,000 | $225,000 – $329,900 | $312 / $314 | 850 / 780 | 80 / 67 | 0 | 5 |
| 2 Beds | $424,152 | $399,900 | $277,900 – $850,000 | $294 / $281 | 1,471 / 1,328 | 68 / 53 | 3 | 27 |
| 3 Beds | $837,586 | $600,000 | $355,000 – $3,000,000 | $361 / $285 | 2,289 / 2,185 | 49 / 32 | 6 | 85 |
| 4 Beds | $1,438,299 | $1,300,000 | $384,900 – $5,750,000 | $378 / $374 | 3,681 / 3,602 | 35 / 23 | 18 | 172 |
| 5 Beds | $2,723,983 | $2,390,000 | $784,900 – $7,995,000 | $465 / $440 | 5,693 / 5,423 | 52 / 36 | 16 | 181 |
| 6 Beds | $3,435,386 | $3,225,000 | $1,046,900 – $8,250,000 | $475 / $469 | 7,014 / 6,732 | 65 / 39 | 1 | 51 |
| 7 Beds | $5,754,790 | $4,700,000 | $3,150,000 – $9,749,000 | $621 / $579 | 9,429 / 9,627 | 44 / 24 | 2 | 10 |
| 8 Beds | $5,556,667 | $6,725,000 | $1,695,000 – $8,250,000 | $566 / $564 | 9,574 / 8,995 | 108 / 126 | 0 | 3 |
Rental Market Overview
Median Rent
$2,995
0.0%
Median DOM
18
0.0%
New Listings
17
Inventory
107
+4.9%
- Average Rent: $3,703
- Median Rent: $2,995
- Rent Range: $1,289 – $10,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 2,473 / 2,248
- Square Footage Range: 300 – 9,014
- Days on Market (Avg/Median): 35 / 18
- Days on Market Range: 1 – 239
- New Listings: 17
- Total Listings: 107
Rentals by Property Type
Apartment
$1,500
Median DOM: 57
Inventory: 10
MoM: 0.0%
Condo
$2,097
Median DOM: 47
Inventory: 7
MoM: 0.0%
Single Family
$3,995
Median DOM: 16
Inventory: 67
MoM: 0.0%
Townhouse
$2,450
Median DOM: 13
Inventory: 21
MoM: 0.0%
Apartment
Avg/Median Rent$1,582 / $1,500Range$1,289 – $1,979Rent per Sq Ft$3 / $2Sq Ft742 / 735DOM106 / 57New0Total10
Condo
Avg/Median Rent$1,981 / $2,097Range$1,400 – $2,975Rent per Sq Ft$2 / $2Sq Ft1,213 / 1,181DOM47 / 47New1Total7
Multi-Family
Avg/Median Rent$3,050 / $1,600Range$1,600 – $4,500Rent per Sq Ft$2 / $1Sq Ft1,799 / 450DOM10 / 8New1Total2
Single Family
Avg/Median Rent$4,606 / $3,995Range$1,750 – $10,000Rent per Sq Ft$2 / $1Sq Ft3,106 / 2,882DOM31 / 16New12Total67
Townhouse
Avg/Median Rent$2,469 / $2,450Range$1,895 – $3,200Rent per Sq Ft$1 / $1Sq Ft1,762 / 1,724DOM24 / 13New3Total21
Rentals by Bedroom Count
Studio
Avg:$1,790Median:$1,600Range:$1,600 – $1,979PSF:$5 / $4Sq Ft:375 / 300DOM:5 / 1New:1Total:2
1 Beds
Avg:$1,572Median:$1,545Range:$1,289 – $1,862PSF:$2 / $2Sq Ft:766 / 780DOM:99 / 61New:0Total:11
2 Beds
Avg:$2,137Median:$2,097Range:$1,495 – $2,975PSF:$2 / $2Sq Ft:1,293 / 1,230DOM:30 / 19New:3Total:13
3 Beds
Avg:$2,796Median:$2,695Range:$1,900 – $4,500PSF:$1 / $1Sq Ft:1,984 / 1,857DOM:25 / 13New:4Total:27
4 Beds
Avg:$4,577Median:$3,950Range:$2,215 – $10,000PSF:$1 / $1Sq Ft:3,074 / 2,945DOM:30 / 14New:7Total:42
5 Beds
Avg:$6,189Median:$5,295Range:$3,800 – $10,000PSF:$2 / $1Sq Ft:4,095 / 3,640DOM:45 / 24New:2Total:10
6 Beds
Avg:$8,998Median:$8,495Range:$8,495 – $9,500PSF:$1 / $1Sq Ft:7,507 / 6,000DOM:33 / 1New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,790 | $1,600 | $1,600 – $1,979 | $5 / $4 | 375 / 300 | 5 / 1 | 1 | 2 |
| 1 Beds | $1,572 | $1,545 | $1,289 – $1,862 | $2 / $2 | 766 / 780 | 99 / 61 | 0 | 11 |
| 2 Beds | $2,137 | $2,097 | $1,495 – $2,975 | $2 / $2 | 1,293 / 1,230 | 30 / 19 | 3 | 13 |
| 3 Beds | $2,796 | $2,695 | $1,900 – $4,500 | $1 / $1 | 1,984 / 1,857 | 25 / 13 | 4 | 27 |
| 4 Beds | $4,577 | $3,950 | $2,215 – $10,000 | $1 / $1 | 3,074 / 2,945 | 30 / 14 | 7 | 42 |
| 5 Beds | $6,189 | $5,295 | $3,800 – $10,000 | $2 / $1 | 4,095 / 3,640 | 45 / 24 | 2 | 10 |
| 6 Beds | $8,998 | $8,495 | $8,495 – $9,500 | $1 / $1 | 7,507 / 6,000 | 33 / 1 | 0 | 2 |
6-Month Sales Trend
Dec 2025
Median Price:$1,565,000Median DOM:68New:72Total:558
Jan 2026
Median Price:$1,649,000Median DOM:74New:102Total:526
Feb 2026
Median Price:$1,750,000Median DOM:69New:84Total:514
Mar 2026
Median Price:$1,650,000Median DOM:36New:185Total:500
Apr 2026
Median Price:$1,648,000Median DOM:33New:193Total:579
May 2026
Median Price:$1,650,000Median DOM:34New:50Total:589
6-Month Rental Trend
Dec 2025
Median Rent:$2,900Median DOM:31New:37Total:119
Jan 2026
Median Rent:$2,795Median DOM:45New:28Total:111
Feb 2026
Median Rent:$2,699Median DOM:46New:28Total:96
Mar 2026
Median Rent:$2,700Median DOM:16New:37Total:92
Apr 2026
Median Rent:$2,995Median DOM:18New:46Total:102
May 2026
Median Rent:$2,995Median DOM:18New:17Total:107
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, while total rental inventory increased.
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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