ZIP 37048 Housing Market Report

Nashville Metro

Report period: July 2026

37048 Monthly Market Update – July 2026

ZIP 37048 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$564,900
+0.9%
Median DOM (Sales)
46
+2.2%
New Listings (Sales)
7
−46.2%
Median Rent
$2,995
+99.7%
Median DOM (Rental)
1
−99.1%
Total Rental Listings
1
0.0%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Manufactured (4 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 5 Beds ($1,420,000 median)

Sales Market Overview

Median Price
$564,900
+0.9%
Median DOM
46
+2.2%
New Listings
7
−46.2%
Inventory
73
+2.8%
  • Average Price: $658,583
  • Median Price: $564,900
  • Price Range: $74,000 – $2,500,000
  • Price per Sq Ft (Avg/Median): $263 / $244
  • Square Footage (Avg/Median): 2,569 / 2,457
  • Square Footage Range: 1,250 – 4,584
  • Days on Market (Avg/Median): 76 / 46
  • Days on Market Range: 3 – 326
  • New Listings: 7
  • Total Listings: 73

Sales by Property Type

Land
Avg/Median Price$615,074 / $339,700Range$74,000 – $2,500,000Price per Sq FtSq FtDOM127 / 134New0Total19
Manufactured
Avg/Median Price$370,000 / $370,000Range$370,000 – $370,000Price per Sq Ft$296 / $296Sq Ft1,250 / 1,250DOM4 / 4New1Total1
Single Family
Avg/Median Price$679,626 / $599,000Range$315,000 – $1,649,999Price per Sq Ft$262 / $244Sq Ft2,594 / 2,533DOM61 / 37New6Total53

Sales by Bedroom Count

2 Beds
Avg:$557,500Median:$315,000Range:$315,000 – $800,000PSF:$261 / $131Sq Ft:2,222 / 2,044DOM:12 / 10New:0Total:2
3 Beds
Avg:$583,651Median:$564,900Range:$339,900 – $1,250,000PSF:$256 / $245Sq Ft:2,324 / 2,210DOM:57 / 35New:7Total:35
4 Beds
Avg:$838,160Median:$699,000Range:$347,900 – $1,649,999PSF:$267 / $240Sq Ft:3,106 / 3,281DOM:80 / 46New:0Total:15
5 Beds
Avg:$1,420,000Median:$1,420,000Range:$1,420,000 – $1,420,000PSF:$425 / $425Sq Ft:3,342 / 3,342DOM:13 / 13New:0Total:1
6 Beds
Avg:$855,000Median:$855,000Range:$855,000 – $855,000PSF:$281 / $281Sq Ft:3,046 / 3,046DOM:25 / 25New:0Total:1

Rental Market Overview

Median Rent
$2,995
+99.7%
Median DOM
1
−99.1%
New Listings
1
Inventory
1
0.0%
  • Average Rent: $2,995
  • Median Rent: $2,995
  • Rent Range: $2,995 – $2,995
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 2,000 / 2,000
  • Square Footage Range: 2,000 – 2,000
  • Days on Market (Avg/Median): 1 / 1
  • Days on Market Range: 1 – 1
  • New Listings: 1
  • Total Listings: 1

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM: +99.7%
Condo
Median DOM:
Inventory:
MoM: +99.7%
Single Family
$2,995
Median DOM: 1
Inventory: 1
MoM: +99.7%
Townhouse
Median DOM:
Inventory:
MoM: +99.7%
Single Family
Avg/Median Rent$2,995 / $2,995Range$2,995 – $2,995Rent per Sq Ft$2 / $2Sq Ft2,000 / 2,000DOM1 / 1New1Total1

Rentals by Bedroom Count

4 Beds
Avg:$2,995Median:$2,995Range:$2,995 – $2,995PSF:$2 / $2Sq Ft:2,000 / 2,000DOM:1 / 1New:1Total:1

6-Month Sales Trend

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:$559,900Median DOM:40New:20Total:69
Jun 2026
Median Price:$559,900Median DOM:45New:13Total:71
Jul 2026
Median Price:$564,900Median DOM:46New:7Total:73

6-Month Rental Trend

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
Jul 2026
Median Rent:$2,995Median DOM:1New:1Total:1

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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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