ZIP 37048 Housing Market Report
Nashville Metro
Report period: August 2026
37048 Monthly Market Update – August 2026
ZIP 37048 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$545,000
0.0%
Median DOM (Sales)
42
−16.0%
New Listings (Sales)
4
−80.0%
Median Rent
$2,995
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
1
0.0%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents were stable.
What's Moving Fastest
- Fastest selling: Manufactured (34 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 5 Beds ($1,250,000 median)
Sales Market Overview
Median Price
$545,000
0.0%
Median DOM
42
−16.0%
New Listings
4
−80.0%
Inventory
72
+2.9%
- Average Price: $619,324
- Median Price: $545,000
- Price Range: $85,000 – $2,200,000
- Price per Sq Ft (Avg/Median): $243 / $240
- Square Footage (Avg/Median): 2,644 / 2,555
- Square Footage Range: 1,250 – 7,176
- Days on Market (Avg/Median): 75 / 42
- Days on Market Range: 2 – 356
- New Listings: 4
- Total Listings: 72
Sales by Property Type
Land
Avg/Median Price$586,453 / $369,000Range$85,000 – $2,200,000Price per Sq Ft—Sq Ft—DOM134 / 121New0Total19
Manufactured
Avg/Median Price$370,000 / $370,000Range$370,000 – $370,000Price per Sq Ft$296 / $296Sq Ft1,250 / 1,250DOM34 / 34New0Total1
Single Family
Avg/Median Price$636,129 / $589,900Range$289,000 – $1,550,000Price per Sq Ft$242 / $237Sq Ft2,671 / 2,555DOM56 / 36New4Total52
Sales by Bedroom Count
2 Beds
Avg:$315,000Median:$315,000Range:$315,000 – $315,000PSF:$131 / $131Sq Ft:2,399 / 2,399DOM:40 / 40New:0Total:1
3 Beds
Avg:$571,792Median:$559,900Range:$289,000 – $1,250,000PSF:$242 / $235Sq Ft:2,405 / 2,210DOM:57 / 34New:1Total:38
4 Beds
Avg:$781,200Median:$689,000Range:$347,900 – $1,550,000PSF:$257 / $240Sq Ft:3,015 / 3,203DOM:55 / 42New:3Total:13
5 Beds
Avg:$1,250,000Median:$1,250,000Range:$1,250,000 – $1,250,000PSF:$174 / $174Sq Ft:7,176 / 7,176DOM:9 / 9New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $315,000 | $315,000 | $315,000 – $315,000 | $131 / $131 | 2,399 / 2,399 | 40 / 40 | 0 | 1 |
| 3 Beds | $571,792 | $559,900 | $289,000 – $1,250,000 | $242 / $235 | 2,405 / 2,210 | 57 / 34 | 1 | 38 |
| 4 Beds | $781,200 | $689,000 | $347,900 – $1,550,000 | $257 / $240 | 3,015 / 3,203 | 55 / 42 | 3 | 13 |
| 5 Beds | $1,250,000 | $1,250,000 | $1,250,000 – $1,250,000 | $174 / $174 | 7,176 / 7,176 | 9 / 9 | 0 | 1 |
Rental Market Overview
Median Rent
$2,995
0.0%
Median DOM
1
0.0%
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: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$2,995
Median DOM: 1
Inventory: 1
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
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
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 4 Beds | $2,995 | $2,995 | $2,995 – $2,995 | $2 / $2 | 2,000 / 2,000 | 1 / 1 | 1 | 1 |
6-Month Sales Trend
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:$545,000Median DOM:50New:20Total:70
Aug 2026
Median Price:$545,000Median DOM:42New:4Total:72
6-Month Rental Trend
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
Aug 2026
Median Rent:$2,995Median DOM:1New:1Total:1
Key Market Takeaways
Median sale prices held steady 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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