ZIP 37037 Housing Market Report

Nashville Metro

Report period: August 2026

37037 Monthly Market Update – August 2026

ZIP 37037 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$425,000
−1.1%
Median DOM (Sales)
50
+11.1%
New Listings (Sales)
6
−80.0%
Median Rent
$1,920
−1.5%
Median DOM (Rental)
1
0.0%
Total Rental Listings
11
0.0%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents softened.

What's Moving Fastest

  • Fastest selling: Single Family (44 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 5 Beds ($869,900 median)

Sales Market Overview

Median Price
$425,000
−1.1%
Median DOM
50
+11.1%
New Listings
6
−80.0%
Inventory
122
−3.9%
  • Average Price: $680,495
  • Median Price: $425,000
  • Price Range: $110,000 – $8,037,035
  • Price per Sq Ft (Avg/Median): $261 / $242
  • Square Footage (Avg/Median): 2,302 / 1,902
  • Square Footage Range: 984 – 5,921
  • Days on Market (Avg/Median): 63 / 50
  • Days on Market Range: 1 – 327
  • New Listings: 6
  • Total Listings: 122

Sales by Property Type

Land
Avg/Median Price$934,706 / $389,999Range$110,000 – $8,037,035Price per Sq FtSq FtDOM91 / 94New2Total24
Manufactured
Avg/Median Price$350,000 / $350,000Range$350,000 – $350,000Price per Sq Ft$229 / $229Sq Ft1,528 / 1,528DOM144 / 144New0Total1
Single Family
Avg/Median Price$621,005 / $439,000Range$261,000 – $2,750,000Price per Sq Ft$262 / $243Sq Ft2,310 / 1,927DOM56 / 44New4Total97

Sales by Bedroom Count

2 Beds
Avg:$308,000Median:$261,000Range:$261,000 – $355,000PSF:$249 / $232Sq Ft:1,256 / 984DOM:56 / 39New:0Total:2
3 Beds
Avg:$508,295Median:$399,999Range:$269,900 – $1,399,000PSF:$271 / $257Sq Ft:1,884 / 1,635DOM:44 / 32New:2Total:43
4 Beds
Avg:$668,085Median:$475,000Range:$347,990 – $2,750,000PSF:$257 / $230Sq Ft:2,439 / 2,121DOM:67 / 52New:2Total:42
5 Beds
Avg:$914,109Median:$869,900Range:$399,000 – $2,200,000PSF:$242 / $246Sq Ft:3,602 / 3,530DOM:64 / 59New:0Total:11

Rental Market Overview

Median Rent
$1,920
−1.5%
Median DOM
1
0.0%
New Listings
1
Inventory
11
0.0%
  • Average Rent: $2,101
  • Median Rent: $1,920
  • Rent Range: $1,705 – $2,600
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,490 / 1,432
  • Square Footage Range: 1,100 – 2,134
  • Days on Market (Avg/Median): 15 / 1
  • Days on Market Range: 1 – 74
  • New Listings: 1
  • Total Listings: 11

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM: −1.5%
Condo
Median DOM:
Inventory:
MoM: −1.5%
Single Family
$1,920
Median DOM: 1
Inventory: 11
MoM: −1.5%
Townhouse
Median DOM:
Inventory:
MoM: −1.5%
Single Family
Avg/Median Rent$2,101 / $1,920Range$1,705 – $2,600Rent per Sq Ft$1 / $1Sq Ft1,490 / 1,432DOM15 / 1New1Total11

Rentals by Bedroom Count

3 Beds
Avg:$1,919Median:$1,850Range:$1,705 – $2,420PSF:$1 / $1Sq Ft:1,382 / 1,367DOM:16 / 1New:1Total:7
4 Beds
Avg:$2,387Median:$2,410Range:$2,150 – $2,600PSF:$2 / $2Sq Ft:1,526 / 1,475DOM:15 / 9New:0Total:3
5 Beds
Avg:$2,525Median:$2,525Range:$2,525 – $2,525PSF:$1 / $1Sq Ft:2,134 / 2,134DOM:New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$409,900Median DOM:27New:43Total:123
Apr 2026
Median Price:$424,900Median DOM:30New:36Total:128
May 2026
Median Price:$439,000Median DOM:45New:27Total:118
Jun 2026
Median Price:$419,500Median DOM:41New:36Total:127
Jul 2026
Median Price:$429,900Median DOM:45New:30Total:127
Aug 2026
Median Price:$425,000Median DOM:50New:6Total:122

6-Month Rental Trend

Mar 2026
Median Rent:$2,175Median DOM:1New:5Total:10
Apr 2026
Median Rent:$2,030Median DOM:1New:6Total:13
May 2026
Median Rent:$1,970Median DOM:3New:7Total:15
Jun 2026
Median Rent:$1,970Median DOM:1New:2Total:14
Jul 2026
Median Rent:$1,950Median DOM:1New:6Total:11
Aug 2026
Median Rent:$1,920Median DOM:1New:1Total:11

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, while total rental inventory was flat.

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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