ZIP 37051 Housing Market Report
Nashville Metro
Report period: May 2026
37051 Monthly Market Update – May 2026
ZIP 37051 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$460,000
+4.4%
Median DOM (Sales)
44
−13.7%
New Listings (Sales)
3
−75.0%
Median Rent
$1,650
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
1
0.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents were stable.
What's Moving Fastest
- Fastest selling: Manufactured (28 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 1 Beds ($1,380,999 median)
Sales Market Overview
Median Price
$460,000
+4.4%
Median DOM
44
−13.7%
New Listings
3
−75.0%
Inventory
55
−3.5%
- Average Price: $535,922
- Median Price: $460,000
- Price Range: $80,000 – $2,199,000
- Price per Sq Ft (Avg/Median): $286 / $238
- Square Footage (Avg/Median): 2,140 / 1,976
- Square Footage Range: 824 – 4,958
- Days on Market (Avg/Median): 80 / 44
- Days on Market Range: 2 – 285
- New Listings: 3
- Total Listings: 55
Sales by Property Type
Land
Avg/Median Price$381,278 / $150,300Range$109,900 – $1,500,000Price per Sq Ft—Sq Ft—DOM101 / 62New0Total14
Manufactured
Avg/Median Price$382,422 / $349,000Range$215,000 – $575,000Price per Sq Ft$249 / $263Sq Ft1,524 / 1,599DOM58 / 28New0Total9
Single Family
Avg/Median Price$646,750 / $574,900Range$80,000 – $2,199,000Price per Sq Ft$296 / $237Sq Ft2,313 / 2,195DOM78 / 42New3Total32
Sales by Bedroom Count
1 Beds
Avg:$1,380,999Median:$1,380,999Range:$1,380,999 – $1,380,999PSF:$1,062 / $1,062Sq Ft:1,300 / 1,300DOM:22 / 22New:0Total:1
2 Beds
Avg:$459,975Median:$120,000Range:$80,000 – $1,299,900PSF:$369 / $136Sq Ft:1,126 / 880DOM:86 / 25New:1Total:4
3 Beds
Avg:$564,568Median:$460,000Range:$149,900 – $2,199,000PSF:$251 / $234Sq Ft:2,224 / 2,034DOM:68 / 42New:0Total:25
4 Beds
Avg:$618,427Median:$625,000Range:$440,500 – $750,000PSF:$263 / $250Sq Ft:2,392 / 2,623DOM:85 / 42New:2Total:11
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,380,999 | $1,380,999 | $1,380,999 – $1,380,999 | $1,062 / $1,062 | 1,300 / 1,300 | 22 / 22 | 0 | 1 |
| 2 Beds | $459,975 | $120,000 | $80,000 – $1,299,900 | $369 / $136 | 1,126 / 880 | 86 / 25 | 1 | 4 |
| 3 Beds | $564,568 | $460,000 | $149,900 – $2,199,000 | $251 / $234 | 2,224 / 2,034 | 68 / 42 | 0 | 25 |
| 4 Beds | $618,427 | $625,000 | $440,500 – $750,000 | $263 / $250 | 2,392 / 2,623 | 85 / 42 | 2 | 11 |
Rental Market Overview
Median Rent
$1,650
0.0%
Median DOM
1
0.0%
New Listings
0
Inventory
1
0.0%
- Average Rent: $1,650
- Median Rent: $1,650
- Rent Range: $1,650 – $1,650
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,200 / 1,200
- Square Footage Range: 1,200 – 1,200
- Days on Market (Avg/Median): 1 / 1
- Days on Market Range: 1 – 1
- 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
$1,650
Median DOM: 1
Inventory: 1
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
Avg/Median Rent$1,650 / $1,650Range$1,650 – $1,650Rent per Sq Ft$1 / $1Sq Ft1,200 / 1,200DOM1 / 1New0Total1
Rentals by Bedroom Count
3 Beds
Avg:$1,650Median:$1,650Range:$1,650 – $1,650PSF:$1 / $1Sq Ft:1,200 / 1,200DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 3 Beds | $1,650 | $1,650 | $1,650 – $1,650 | $1 / $1 | 1,200 / 1,200 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$379,900Median DOM:104New:6Total:69
Jan 2026
Median Price:$407,000Median DOM:104New:8Total:64
Feb 2026
Median Price:$470,000Median DOM:75New:13Total:61
Mar 2026
Median Price:$470,000Median DOM:55New:11Total:55
Apr 2026
Median Price:$440,500Median DOM:51New:12Total:57
May 2026
Median Price:$460,000Median DOM:44New:3Total:55
6-Month Rental Trend
Dec 2025
Median Rent:$3,000Median DOM:17New:0Total:1
Jan 2026
Median Rent:$1,600Median DOM:1New:1Total:2
Feb 2026
Median Rent:$1,600Median DOM:1New:1Total:2
Mar 2026
Median Rent:$1,600Median DOM:1New:1Total:2
Apr 2026
Median Rent:$1,650Median DOM:1New:0Total:1
May 2026
Median Rent:$1,650Median DOM:1New:0Total:1
Key Market Takeaways
Median sale prices moved higher 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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