ZIP 37051 Housing Market Report
Nashville Metro
Report period: August 2026
37051 Monthly Market Update – August 2026
ZIP 37051 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$522,703
+12.4%
Median DOM (Sales)
85
+14.9%
New Listings (Sales)
3
−62.5%
Median Rent
$1,000
−22.8%
Median DOM (Rental)
15
+275.0%
Total Rental Listings
2
0.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents softened.
What's Moving Fastest
- Fastest selling: Single Family (64 DOM)
- Fastest renting: Condo (15 DOM)
- Strongest bedroom: 5 Beds ($1,200,000 median)
Sales Market Overview
Median Price
$522,703
+12.4%
Median DOM
85
+14.9%
New Listings
3
−62.5%
Inventory
54
−6.9%
- Average Price: $655,776
- Median Price: $522,703
- Price Range: $109,000 – $3,300,000
- Price per Sq Ft (Avg/Median): $277 / $235
- Square Footage (Avg/Median): 2,232 / 2,100
- Square Footage Range: 880 – 4,184
- Days on Market (Avg/Median): 109 / 85
- Days on Market Range: 5 – 359
- New Listings: 3
- Total Listings: 54
Sales by Property Type
Land
Avg/Median Price$694,239 / $334,000Range$109,000 – $1,965,000Price per Sq Ft—Sq Ft—DOM134 / 66New1Total11
Manufactured
Avg/Median Price$335,782 / $289,000Range$150,000 – $550,000Price per Sq Ft$210 / $187Sq Ft1,579 / 1,599DOM103 / 106New0Total11
Single Family
Avg/Median Price$752,553 / $610,000Range$120,000 – $3,300,000Price per Sq Ft$301 / $241Sq Ft2,457 / 2,480DOM103 / 64New2Total32
Sales by Bedroom Count
1 Beds
Avg:$1,190,999Median:$1,190,999Range:$1,190,999 – $1,190,999PSF:$916 / $916Sq Ft:1,300 / 1,300DOM:114 / 114New:0Total:1
2 Beds
Avg:$252,500Median:$120,000Range:$120,000 – $385,000PSF:$145 / $136Sq Ft:1,698 / 880DOM:141 / 76New:0Total:2
3 Beds
Avg:$522,412Median:$410,000Range:$150,000 – $2,199,000PSF:$241 / $226Sq Ft:2,085 / 1,680DOM:100 / 83New:1Total:26
4 Beds
Avg:$666,383Median:$614,900Range:$489,900 – $1,130,000PSF:$267 / $257Sq Ft:2,527 / 2,480DOM:111 / 62New:1Total:12
5 Beds
Avg:$2,250,000Median:$1,200,000Range:$1,200,000 – $3,300,000PSF:$634 / $417Sq Ft:3,379 / 2,881DOM:46 / 7New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,190,999 | $1,190,999 | $1,190,999 – $1,190,999 | $916 / $916 | 1,300 / 1,300 | 114 / 114 | 0 | 1 |
| 2 Beds | $252,500 | $120,000 | $120,000 – $385,000 | $145 / $136 | 1,698 / 880 | 141 / 76 | 0 | 2 |
| 3 Beds | $522,412 | $410,000 | $150,000 – $2,199,000 | $241 / $226 | 2,085 / 1,680 | 100 / 83 | 1 | 26 |
| 4 Beds | $666,383 | $614,900 | $489,900 – $1,130,000 | $267 / $257 | 2,527 / 2,480 | 111 / 62 | 1 | 12 |
| 5 Beds | $2,250,000 | $1,200,000 | $1,200,000 – $3,300,000 | $634 / $417 | 3,379 / 2,881 | 46 / 7 | 0 | 2 |
Rental Market Overview
Median Rent
$1,000
−22.8%
Median DOM
15
+275.0%
New Listings
0
Inventory
2
0.0%
- Average Rent: $2,100
- Median Rent: $1,000
- Rent Range: $1,000 – $3,200
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 2,362 / 793
- Square Footage Range: 793 – 3,930
- Days on Market (Avg/Median): 15 / 15
- Days on Market Range: 15 – 15
- New Listings: 0
- Total Listings: 2
Rentals by Property Type
Apartment
—
Median DOM: —
Inventory: —
MoM: −22.8%
Condo
$1,000
Median DOM: 15
Inventory: 1
MoM: −22.8%
Single Family
$3,200
Median DOM: 15
Inventory: 1
MoM: −22.8%
Townhouse
—
Median DOM: —
Inventory: —
MoM: −22.8%
Condo
Avg/Median Rent$1,000 / $1,000Range$1,000 – $1,000Rent per Sq Ft$1 / $1Sq Ft793 / 793DOM15 / 15New0Total1
Single Family
Avg/Median Rent$3,200 / $3,200Range$3,200 – $3,200Rent per Sq Ft$1 / $1Sq Ft3,930 / 3,930DOM15 / 15New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,000Median:$1,000Range:$1,000 – $1,000PSF:$1 / $1Sq Ft:793 / 793DOM:15 / 15New:0Total:1
4 Beds
Avg:$3,200Median:$3,200Range:$3,200 – $3,200PSF:$1 / $1Sq Ft:3,930 / 3,930DOM:15 / 15New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,000 | $1,000 | $1,000 – $1,000 | $1 / $1 | 793 / 793 | 15 / 15 | 0 | 1 |
| 4 Beds | $3,200 | $3,200 | $3,200 – $3,200 | $1 / $1 | 3,930 / 3,930 | 15 / 15 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$470,000Median DOM:55New:11Total:55
Apr 2026
Median Price:$440,500Median DOM:51New:12Total:57
May 2026
Median Price:$440,500Median DOM:58New:12Total:58
Jun 2026
Median Price:$450,000Median DOM:62New:10Total:55
Jul 2026
Median Price:$465,000Median DOM:74New:8Total:58
Aug 2026
Median Price:$522,703Median DOM:85New:3Total:54
6-Month Rental Trend
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
Jul 2026
Median Rent:$1,295Median DOM:4New:2Total:2
Aug 2026
Median Rent:$1,000Median DOM:15New:0Total:2
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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