ZIP 37048 Housing Market Report
Nashville Metro
Report period: May 2026
37048 Monthly Market Update – May 2026
ZIP 37048 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$572,000
−2.2%
Median DOM (Sales)
48
−25.0%
New Listings (Sales)
8
−38.5%
Median Rent
$1,500
0.0%
Median DOM (Rental)
109
0.0%
Total Rental Listings
1
0.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents were stable.
What's Moving Fastest
- Fastest selling: Single Family (46 DOM)
- Fastest renting: Single Family (109 DOM)
- Strongest bedroom: 5 Beds ($1,389,000 median)
Sales Market Overview
Median Price
$572,000
−2.2%
Median DOM
48
−25.0%
New Listings
8
−38.5%
Inventory
67
+13.6%
- Average Price: $716,775
- Median Price: $572,000
- Price Range: $74,000 – $2,500,000
- Price per Sq Ft (Avg/Median): $273 / $246
- Square Footage (Avg/Median): 2,648 / 2,533
- Square Footage Range: 1,422 – 4,614
- Days on Market (Avg/Median): 83 / 48
- Days on Market Range: 2 – 365
- New Listings: 8
- Total Listings: 67
Sales by Property Type
Land
Avg/Median Price$727,337 / $394,900Range$74,000 – $2,500,000Price per Sq Ft—Sq Ft—DOM117 / 115New1Total19
Single Family
Avg/Median Price$712,594 / $639,900Range$384,900 – $1,649,999Price per Sq Ft$273 / $246Sq Ft2,648 / 2,533DOM71 / 46New7Total48
Sales by Bedroom Count
2 Beds
Avg:$899,000Median:$899,000Range:$899,000 – $899,000PSF:$440 / $440Sq Ft:2,044 / 2,044DOM:10 / 10New:1Total:1
3 Beds
Avg:$592,562Median:$547,000Range:$384,900 – $1,250,000PSF:$261 / $235Sq Ft:2,334 / 2,333DOM:73 / 41New:3Total:29
4 Beds
Avg:$867,325Median:$729,000Range:$499,000 – $1,649,999PSF:$276 / $258Sq Ft:3,188 / 3,367DOM:66 / 47New:3Total:16
5 Beds
Avg:$1,389,000Median:$1,389,000Range:$1,389,000 – $1,389,000PSF:$416 / $416Sq Ft:3,342 / 3,342DOM:201 / 201New:0Total:1
6 Beds
Avg:$855,000Median:$855,000Range:$855,000 – $855,000PSF:$281 / $281Sq Ft:3,046 / 3,046DOM:24 / 24New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $899,000 | $899,000 | $899,000 – $899,000 | $440 / $440 | 2,044 / 2,044 | 10 / 10 | 1 | 1 |
| 3 Beds | $592,562 | $547,000 | $384,900 – $1,250,000 | $261 / $235 | 2,334 / 2,333 | 73 / 41 | 3 | 29 |
| 4 Beds | $867,325 | $729,000 | $499,000 – $1,649,999 | $276 / $258 | 3,188 / 3,367 | 66 / 47 | 3 | 16 |
| 5 Beds | $1,389,000 | $1,389,000 | $1,389,000 – $1,389,000 | $416 / $416 | 3,342 / 3,342 | 201 / 201 | 0 | 1 |
| 6 Beds | $855,000 | $855,000 | $855,000 – $855,000 | $281 / $281 | 3,046 / 3,046 | 24 / 24 | 0 | 1 |
Rental Market Overview
Median Rent
$1,500
0.0%
Median DOM
109
0.0%
New Listings
0
Inventory
1
0.0%
- Average Rent: $1,500
- Median Rent: $1,500
- Rent Range: $1,500 – $1,500
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,100 / 1,100
- Square Footage Range: 1,100 – 1,100
- Days on Market (Avg/Median): 109 / 109
- Days on Market Range: 109 – 109
- New Listings: 0
- Total Listings: 1
Rentals by Property Type
Apartment
—
Median DOM: —
Inventory: —
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$1,500
Median DOM: 109
Inventory: 1
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
Avg/Median Rent$1,500 / $1,500Range$1,500 – $1,500Rent per Sq Ft$1 / $1Sq Ft1,100 / 1,100DOM109 / 109New0Total1
Rentals by Bedroom Count
2 Beds
Avg:$1,500Median:$1,500Range:$1,500 – $1,500PSF:$1 / $1Sq Ft:1,100 / 1,100DOM:109 / 109New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $1,500 | $1,500 | $1,500 – $1,500 | $1 / $1 | 1,100 / 1,100 | 109 / 109 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$550,000Median DOM:75New:12Total:82
Jan 2026
Median Price:$550,000Median DOM:75New:14Total:77
Feb 2026
Median Price:$588,500Median DOM:74New:11Total:70
Mar 2026
Median Price:$599,000Median DOM:74New:10Total:59
Apr 2026
Median Price:$585,000Median DOM:64New:13Total:59
May 2026
Median Price:$572,000Median DOM:48New:8Total:67
6-Month Rental Trend
Dec 2025
Median Rent:$1,700Median DOM:29New:1Total:4
Jan 2026
Median Rent:$1,795Median DOM:29New:1Total:4
Feb 2026
Median Rent:$1,500Median DOM:8New:0Total:2
Mar 2026
Median Rent:$1,500Median DOM:109New:0Total:1
Apr 2026
Median Rent:$1,500Median DOM:109New:0Total:1
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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