ZIP 37049 Housing Market Report

Nashville Metro

Report period: May 2026

37049 Monthly Market Update – May 2026

ZIP 37049 · Last updated May 10, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$489,900
−9.3%
Median DOM (Sales)
48
−15.8%
New Listings (Sales)
2
−75.0%
Median Rent
$1,500
0.0%
Median DOM (Rental)
43
−21.8%
Total Rental Listings
3
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 (43 DOM)
  • Strongest bedroom: 5 Beds ($1,495,999 median)

Sales Market Overview

Median Price
$489,900
−9.3%
Median DOM
48
−15.8%
New Listings
2
−75.0%
Inventory
34
−2.9%
  • Average Price: $709,205
  • Median Price: $489,900
  • Price Range: $180,000 – $2,140,000
  • Price per Sq Ft (Avg/Median): $237 / $220
  • Square Footage (Avg/Median): 2,733 / 2,631
  • Square Footage Range: 1,256 – 7,106
  • Days on Market (Avg/Median): 63 / 48
  • Days on Market Range: 2 – 260
  • New Listings: 2
  • Total Listings: 34

Sales by Property Type

Land
Avg/Median Price$997,500 / $210,000Range$180,000 – $2,140,000Price per Sq FtSq FtDOM96 / 91New0Total6
Manufactured
Avg/Median Price$360,000 / $360,000Range$360,000 – $360,000Price per Sq Ft$278 / $278Sq Ft1,296 / 1,296DOM100 / 100New0Total1
Single Family
Avg/Median Price$658,073 / $499,999Range$329,900 – $1,600,000Price per Sq Ft$236 / $220Sq Ft2,786 / 2,631DOM55 / 46New2Total27

Sales by Bedroom Count

2 Beds
Avg:$374,990Median:$374,990Range:$374,990 – $374,990PSF:$196 / $196Sq Ft:1,914 / 1,914DOM:160 / 160New:0Total:1
3 Beds
Avg:$537,193Median:$489,900Range:$329,900 – $949,900PSF:$229 / $221Sq Ft:2,405 / 2,511DOM:58 / 43New:1Total:17
4 Beds
Avg:$791,633Median:$599,900Range:$445,000 – $1,600,000PSF:$260 / $230Sq Ft:2,957 / 2,841DOM:40 / 46New:1Total:9
5 Beds
Avg:$1,495,999Median:$1,495,999Range:$1,495,999 – $1,495,999PSF:$211 / $211Sq Ft:7,106 / 7,106DOM:70 / 70New:0Total:1

Rental Market Overview

Median Rent
$1,500
0.0%
Median DOM
43
−21.8%
New Listings
1
Inventory
3
0.0%
  • Average Rent: $1,650
  • Median Rent: $1,500
  • Rent Range: $1,250 – $2,200
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,258 / 1,200
  • Square Footage Range: 660 – 1,914
  • Days on Market (Avg/Median): 35 / 43
  • Days on Market Range: 6 – 55
  • New Listings: 1
  • Total Listings: 3

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$1,500
Median DOM: 43
Inventory: 3
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Single Family
Avg/Median Rent$1,650 / $1,500Range$1,250 – $2,200Rent per Sq Ft$1 / $1Sq Ft1,258 / 1,200DOM35 / 43New1Total3

Rentals by Bedroom Count

2 Beds
Avg:$1,375Median:$1,250Range:$1,250 – $1,500PSF:$2 / $1Sq Ft:930 / 660DOM:31 / 6New:1Total:2
4 Beds
Avg:$2,200Median:$2,200Range:$2,200 – $2,200PSF:$1 / $1Sq Ft:1,914 / 1,914DOM:43 / 43New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$399,900Median DOM:76New:5Total:40
Jan 2026
Median Price:$384,990Median DOM:82New:7Total:34
Feb 2026
Median Price:$484,900Median DOM:48New:9Total:35
Mar 2026
Median Price:$539,990Median DOM:33New:11Total:34
Apr 2026
Median Price:$539,990Median DOM:57New:8Total:35
May 2026
Median Price:$489,900Median DOM:48New:2Total:34

6-Month Rental Trend

Dec 2025
Median Rent:$2,150Median DOM:34New:1Total:7
Jan 2026
Median Rent:$1,909Median DOM:36New:3Total:7
Feb 2026
Median Rent:$1,909Median DOM:41New:2Total:7
Mar 2026
Median Rent:$2,150Median DOM:55New:0Total:5
Apr 2026
Median Rent:$1,500Median DOM:55New:0Total:3
May 2026
Median Rent:$1,500Median DOM:43New:1Total:3

Key Market Takeaways

Median sale prices softened this month while inventory compressed. 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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