ZIP 37046 Housing Market Report

Nashville Metro

Report period: May 2026

37046 Monthly Market Update – May 2026

ZIP 37046 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$2,465,999
−1.4%
Median DOM (Sales)
64
0.0%
New Listings (Sales)
10
−77.3%
Median Rent
$2,500
0.0%
Median DOM (Rental)
15
0.0%
Total Rental Listings
6
−14.3%

Month-over-Month Movement

Median sale prices eased compared to last month. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (43 DOM)
  • Fastest renting: Condo (10 DOM)
  • Strongest bedroom: 7 Beds ($7,499,999 median)

Sales Market Overview

Median Price
$2,465,999
−1.4%
Median DOM
64
0.0%
New Listings
10
−77.3%
Inventory
217
+2.8%
  • Average Price: $2,722,854
  • Median Price: $2,465,999
  • Price Range: $225,000 – $10,000,000
  • Price per Sq Ft (Avg/Median): $654 / $542
  • Square Footage (Avg/Median): 5,254 / 5,154
  • Square Footage Range: 1,369 – 10,296
  • Days on Market (Avg/Median): 96 / 64
  • Days on Market Range: 2 – 363
  • New Listings: 10
  • Total Listings: 217

Sales by Property Type

Land
Avg/Median Price$1,784,958 / $1,000,000Range$225,000 – $7,200,000Price per Sq FtSq FtDOM139 / 135New4Total94
Single Family
Avg/Median Price$3,439,620 / $3,000,000Range$383,000 – $10,000,000Price per Sq Ft$654 / $542Sq Ft5,254 / 5,154DOM66 / 43New6Total123

Sales by Bedroom Count

2 Beds
Avg:$483,500Median:$383,000Range:$383,000 – $584,000PSF:$346 / $266Sq Ft:1,404 / 1,369DOM:98 / 4New:1Total:2
3 Beds
Avg:$3,299,892Median:$1,750,000Range:$815,000 – $7,999,900PSF:$1,108 / $603Sq Ft:3,057 / 2,702DOM:90 / 42New:1Total:12
4 Beds
Avg:$2,781,627Median:$2,500,000Range:$785,000 – $7,750,000PSF:$616 / $506Sq Ft:4,434 / 4,609DOM:66 / 58New:2Total:36
5 Beds
Avg:$3,583,048Median:$3,296,400Range:$925,000 – $8,900,000PSF:$595 / $561Sq Ft:5,754 / 5,577DOM:52 / 37New:0Total:55
6 Beds
Avg:$4,576,551Median:$3,999,995Range:$1,325,000 – $10,000,000PSF:$613 / $513Sq Ft:7,308 / 7,450DOM:76 / 62New:2Total:17
7 Beds
Avg:$7,499,999Median:$7,499,999Range:$7,499,999 – $7,499,999PSF:$1,166 / $1,166Sq Ft:6,430 / 6,430DOM:326 / 326New:0Total:1

Rental Market Overview

Median Rent
$2,500
0.0%
Median DOM
15
0.0%
New Listings
0
Inventory
6
−14.3%
  • Average Rent: $3,933
  • Median Rent: $2,500
  • Rent Range: $1,300 – $6,500
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 2,302 / 1,912
  • Square Footage Range: 750 – 3,857
  • Days on Market (Avg/Median): 21 / 15
  • Days on Market Range: 3 – 53
  • New Listings: 0
  • Total Listings: 6

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM: 0.0%
Condo
$1,300
Median DOM: 10
Inventory: 1
MoM: 0.0%
Single Family
$5,500
Median DOM: 15
Inventory: 5
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Condo
Avg/Median Rent$1,300 / $1,300Range$1,300 – $1,300Rent per Sq Ft$2 / $2Sq Ft750 / 750DOM10 / 10New0Total1
Single Family
Avg/Median Rent$4,460 / $5,500Range$2,300 – $6,500Rent per Sq Ft$2 / $2Sq Ft2,613 / 1,958DOM24 / 15New0Total5

Rentals by Bedroom Count

Studio
Avg:$2,300Median:$2,300Range:$2,300 – $2,300PSF:$1 / $1Sq Ft:1,800 / 1,800DOM:New:0Total:1
1 Beds
Avg:$1,300Median:$1,300Range:$1,300 – $1,300PSF:$2 / $2Sq Ft:750 / 750DOM:10 / 10New:0Total:1
3 Beds
Avg:$4,000Median:$2,500Range:$2,500 – $5,500PSF:$2 / $1Sq Ft:1,935 / 1,912DOM:38 / 23New:0Total:2
4 Beds
Avg:$6,500Median:$6,500Range:$6,500 – $6,500PSF:$2 / $2Sq Ft:3,857 / 3,857DOM:3 / 3New:0Total:1
5 Beds
Avg:$5,500Median:$5,500Range:$5,500 – $5,500PSF:$2 / $2Sq Ft:3,538 / 3,538DOM:15 / 15New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$1,649,000Median DOM:96New:14Total:244
Jan 2026
Median Price:$1,695,000Median DOM:106New:31Total:224
Feb 2026
Median Price:$2,074,000Median DOM:102New:27Total:204
Mar 2026
Median Price:$2,350,000Median DOM:74New:40Total:200
Apr 2026
Median Price:$2,500,000Median DOM:64New:44Total:211
May 2026
Median Price:$2,465,999Median DOM:64New:10Total:217

6-Month Rental Trend

Dec 2025
Median Rent:$3,950Median DOM:30New:5Total:9
Jan 2026
Median Rent:$4,150Median DOM:30New:5Total:16
Feb 2026
Median Rent:$4,300Median DOM:48New:1Total:12
Mar 2026
Median Rent:$3,950Median DOM:21New:4Total:12
Apr 2026
Median Rent:$2,500Median DOM:15New:2Total:7
May 2026
Median Rent:$2,500Median DOM:15New:0Total:6

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing remained stable, 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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