ZIP 37037 Housing Market Report

Nashville Metro

Report period: May 2026

37037 Monthly Market Update – May 2026

ZIP 37037 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$425,000
+0.0%
Median DOM (Sales)
40
+33.3%
New Listings (Sales)
4
−88.9%
Median Rent
$2,000
−1.5%
Median DOM (Rental)
8
+700.0%
Total Rental Listings
13
0.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents softened.

What's Moving Fastest

  • Fastest selling: Single Family (35 DOM)
  • Fastest renting: Single Family (8 DOM)
  • Strongest bedroom: 5 Beds ($864,900 median)

Sales Market Overview

Median Price
$425,000
+0.0%
Median DOM
40
+33.3%
New Listings
4
−88.9%
Inventory
124
−3.1%
  • Average Price: $676,103
  • Median Price: $425,000
  • Price Range: $120,000 – $8,037,035
  • Price per Sq Ft (Avg/Median): $265 / $240
  • Square Footage (Avg/Median): 2,242 / 1,927
  • Square Footage Range: 984 – 5,024
  • Days on Market (Avg/Median): 65 / 40
  • Days on Market Range: 1 – 364
  • New Listings: 4
  • Total Listings: 124

Sales by Property Type

Land
Avg/Median Price$856,447 / $250,000Range$120,000 – $8,037,035Price per Sq FtSq FtDOM85 / 61New1Total24
Manufactured
Avg/Median Price$377,700 / $350,000Range$279,900 – $486,000Price per Sq Ft$234 / $229Sq Ft1,614 / 1,528DOM50 / 52New0Total4
Single Family
Avg/Median Price$643,451 / $438,000Range$269,900 – $3,999,999Price per Sq Ft$266 / $241Sq Ft2,269 / 2,000DOM61 / 35New3Total96

Sales by Bedroom Count

2 Beds
Avg:$370,967Median:$358,000Range:$270,000 – $484,900PSF:$305 / $274Sq Ft:1,206 / 1,305DOM:50 / 48New:1Total:3
3 Beds
Avg:$455,395Median:$395,000Range:$269,900 – $1,379,000PSF:$251 / $249Sq Ft:1,819 / 1,578DOM:46 / 26New:2Total:42
4 Beds
Avg:$770,871Median:$454,900Range:$344,990 – $3,999,999PSF:$278 / $229Sq Ft:2,487 / 2,117DOM:77 / 46New:0Total:46
5 Beds
Avg:$842,500Median:$864,900Range:$399,000 – $1,250,000PSF:$252 / $252Sq Ft:3,317 / 3,450DOM:44 / 47New:0Total:9

Rental Market Overview

Median Rent
$2,000
−1.5%
Median DOM
8
+700.0%
New Listings
3
Inventory
13
0.0%
  • Average Rent: $2,129
  • Median Rent: $2,000
  • Rent Range: $1,659 – $2,599
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,757 / 1,667
  • Square Footage Range: 1,252 – 2,878
  • Days on Market (Avg/Median): 14 / 8
  • Days on Market Range: 1 – 35
  • New Listings: 3
  • Total Listings: 13

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM: −1.5%
Condo
Median DOM:
Inventory:
MoM: −1.5%
Single Family
$2,000
Median DOM: 8
Inventory: 13
MoM: −1.5%
Townhouse
Median DOM:
Inventory:
MoM: −1.5%
Single Family
Avg/Median Rent$2,129 / $2,000Range$1,659 – $2,599Rent per Sq Ft$1 / $1Sq Ft1,757 / 1,667DOM14 / 8New3Total13

Rentals by Bedroom Count

3 Beds
Avg:$2,044Median:$1,950Range:$1,659 – $2,599PSF:$1 / $1Sq Ft:1,598 / 1,440DOM:12 / 1New:2Total:9
4 Beds
Avg:$2,150Median:$2,000Range:$2,000 – $2,299PSF:$1 / $1Sq Ft:2,027 / 2,000DOM:23 / 10New:1Total:2
5 Beds
Avg:$2,492Median:$2,450Range:$2,450 – $2,535PSF:$1 / $1Sq Ft:2,202 / 2,134DOM:New:0Total:2

6-Month Sales Trend

Dec 2025
Median Price:$425,000Median DOM:79New:17Total:108
Jan 2026
Median Price:$396,000Median DOM:58New:37Total:121
Feb 2026
Median Price:$405,000Median DOM:43New:33Total:124
Mar 2026
Median Price:$409,900Median DOM:27New:43Total:123
Apr 2026
Median Price:$424,900Median DOM:30New:36Total:128
May 2026
Median Price:$425,000Median DOM:40New:4Total:124

6-Month Rental Trend

Dec 2025
Median Rent:$1,899Median DOM:1New:7Total:12
Jan 2026
Median Rent:$2,140Median DOM:1New:2Total:9
Feb 2026
Median Rent:$2,295Median DOM:1New:0Total:7
Mar 2026
Median Rent:$2,175Median DOM:1New:5Total:10
Apr 2026
Median Rent:$2,030Median DOM:1New:6Total:13
May 2026
Median Rent:$2,000Median DOM:8New:3Total:13

Key Market Takeaways

Median sale prices moved higher 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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