ZIP 37055 Housing Market Report
Nashville Metro
Report period: May 2026
37055 Monthly Market Update – May 2026
ZIP 37055 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$349,900
+2.3%
Median DOM (Sales)
32
−3.0%
New Listings (Sales)
43
−59.4%
Median Rent
$1,475
+9.7%
Median DOM (Rental)
8
−11.1%
Total Rental Listings
48
0.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher.
What's Moving Fastest
- Fastest selling: Townhouse (10 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 5 Beds ($889,000 median)
Sales Market Overview
Median Price
$349,900
+2.3%
Median DOM
32
−3.0%
New Listings
43
−59.4%
Inventory
347
−0.6%
- Average Price: $489,190
- Median Price: $349,900
- Price Range: $15,000 – $5,499,900
- Price per Sq Ft (Avg/Median): $271 / $240
- Square Footage (Avg/Median): 1,835 / 1,550
- Square Footage Range: 712 – 5,491
- Days on Market (Avg/Median): 54 / 32
- Days on Market Range: 2 – 363
- New Listings: 43
- Total Listings: 347
Sales by Property Type
Apartment
Avg/Median Price$189,900 / $189,900Range$189,900 – $189,900Price per Sq Ft$222 / $222Sq Ft857 / 857DOM15 / 15New0Total1
Condo
Avg/Median Price$217,633 / $215,000Range$159,900 – $278,000Price per Sq Ft$213 / $212Sq Ft1,030 / 1,065DOM35 / 49New0Total3
Land
Avg/Median Price$572,341 / $199,000Range$15,000 – $4,885,000Price per Sq Ft—Sq Ft—DOM89 / 64New5Total61
Manufactured
Avg/Median Price$301,961 / $260,000Range$89,000 – $674,000Price per Sq Ft$211 / $201Sq Ft1,461 / 1,352DOM29 / 24New0Total13
Multi-Family
Avg/Median Price$1,389,905 / $575,000Range$304,900 – $5,499,900Price per Sq Ft$1,143 / $197Sq Ft2,762 / 2,048DOM101 / 49New1Total6
Single Family
Avg/Median Price$480,314 / $379,900Range$99,000 – $3,400,000Price per Sq Ft$262 / $251Sq Ft1,871 / 1,589DOM49 / 30New26Total237
Townhouse
Avg/Median Price$303,620 / $284,990Range$259,990 – $649,900Price per Sq Ft$190 / $199Sq Ft1,608 / 1,386DOM21 / 10New11Total26
Sales by Bedroom Count
Studio
Avg:$94,000Median:$89,000Range:$89,000 – $99,000PSF:$78 / $73Sq Ft:1,212 / 1,209DOM:17 / 5New:0Total:2
1 Beds
Avg:$1,249,933Median:$189,900Range:$159,900 – $3,400,000PSF:$568 / $225Sq Ft:1,423 / 857DOM:8 / 6New:1Total:3
2 Beds
Avg:$318,430Median:$254,900Range:$108,900 – $1,800,000PSF:$317 / $249Sq Ft:1,099 / 1,000DOM:35 / 24New:3Total:27
3 Beds
Avg:$423,578Median:$359,900Range:$179,900 – $1,995,000PSF:$245 / $245Sq Ft:1,748 / 1,510DOM:44 / 25New:30Total:203
4 Beds
Avg:$572,124Median:$474,900Range:$249,900 – $1,495,000PSF:$227 / $222Sq Ft:2,453 / 2,350DOM:67 / 48New:2Total:41
5 Beds
Avg:$857,150Median:$889,000Range:$650,000 – $1,100,000PSF:$263 / $254Sq Ft:3,316 / 3,192DOM:54 / 25New:1Total:6
7 Beds
Avg:$575,000Median:$575,000Range:$575,000 – $575,000PSF:$201 / $201Sq Ft:2,856 / 2,856DOM:8 / 8New:1Total:1
8 Beds
Avg:$2,379,877Median:$849,830Range:$789,900 – $5,499,900PSF:$2,102 / $230Sq Ft:3,373 / 3,700DOM:104 / 49New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $94,000 | $89,000 | $89,000 – $99,000 | $78 / $73 | 1,212 / 1,209 | 17 / 5 | 0 | 2 |
| 1 Beds | $1,249,933 | $189,900 | $159,900 – $3,400,000 | $568 / $225 | 1,423 / 857 | 8 / 6 | 1 | 3 |
| 2 Beds | $318,430 | $254,900 | $108,900 – $1,800,000 | $317 / $249 | 1,099 / 1,000 | 35 / 24 | 3 | 27 |
| 3 Beds | $423,578 | $359,900 | $179,900 – $1,995,000 | $245 / $245 | 1,748 / 1,510 | 44 / 25 | 30 | 203 |
| 4 Beds | $572,124 | $474,900 | $249,900 – $1,495,000 | $227 / $222 | 2,453 / 2,350 | 67 / 48 | 2 | 41 |
| 5 Beds | $857,150 | $889,000 | $650,000 – $1,100,000 | $263 / $254 | 3,316 / 3,192 | 54 / 25 | 1 | 6 |
| 7 Beds | $575,000 | $575,000 | $575,000 – $575,000 | $201 / $201 | 2,856 / 2,856 | 8 / 8 | 1 | 1 |
| 8 Beds | $2,379,877 | $849,830 | $789,900 – $5,499,900 | $2,102 / $230 | 3,373 / 3,700 | 104 / 49 | 0 | 3 |
Rental Market Overview
Median Rent
$1,475
+9.7%
Median DOM
8
−11.1%
New Listings
13
Inventory
48
0.0%
- Average Rent: $1,500
- Median Rent: $1,475
- Rent Range: $299 – $2,400
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,031 / 1,000
- Square Footage Range: 500 – 2,074
- Days on Market (Avg/Median): 43 / 8
- Days on Market Range: 1 – 275
- New Listings: 13
- Total Listings: 48
Rentals by Property Type
Apartment
$1,025
Median DOM: 56
Inventory: 19
MoM: +9.7%
Condo
$1,495
Median DOM: 1
Inventory: 10
MoM: +9.7%
Single Family
$2,100
Median DOM: 7
Inventory: 16
MoM: +9.7%
Townhouse
$1,950
Median DOM: 1
Inventory: 2
MoM: +9.7%
Apartment
Avg/Median Rent$1,125 / $1,025Range$850 – $1,876Rent per Sq Ft$2 / $2Sq Ft767 / 650DOM89 / 56New4Total19
Condo
Avg/Median Rent$1,324 / $1,495Range$299 – $1,750Rent per Sq Ft$1 / $2Sq Ft939 / 1,000DOM26 / 1New4Total10
Multi-Family
Avg/Median Rent$850 / $850Range$850 – $850Rent per Sq Ft$1 / $1Sq Ft650 / 650DOM8 / 8New0Total1
Single Family
Avg/Median Rent$2,010 / $2,100Range$700 – $2,400Rent per Sq Ft$2 / $2Sq Ft1,361 / 1,300DOM11 / 7New4Total16
Townhouse
Avg/Median Rent$2,175 / $1,950Range$1,950 – $2,400Rent per Sq Ft$1 / $1Sq Ft1,529 / 1,458DOM1 / 1New1Total2
Rentals by Bedroom Count
Studio
Avg:$299Median:$299Range:$299 – $299PSF:$0 / $0Sq Ft:1,000 / 1,000DOM:169 / 169New:0Total:1
1 Beds
Avg:$922Median:$950Range:$700 – $1,050PSF:$2 / $2Sq Ft:600 / 600DOM:70 / 28New:1Total:9
2 Beds
Avg:$1,300Median:$1,200Range:$975 – $1,750PSF:$2 / $2Sq Ft:875 / 932DOM:37 / 1New:7Total:20
3 Beds
Avg:$2,047Median:$2,069Range:$1,344 – $2,400PSF:$2 / $2Sq Ft:1,291 / 1,275DOM:25 / 1New:4Total:14
4 Beds
Avg:$2,181Median:$2,200Range:$1,876 – $2,349PSF:$1 / $1Sq Ft:1,622 / 1,387DOM:44 / 14New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $299 | $299 | $299 – $299 | $0 / $0 | 1,000 / 1,000 | 169 / 169 | 0 | 1 |
| 1 Beds | $922 | $950 | $700 – $1,050 | $2 / $2 | 600 / 600 | 70 / 28 | 1 | 9 |
| 2 Beds | $1,300 | $1,200 | $975 – $1,750 | $2 / $2 | 875 / 932 | 37 / 1 | 7 | 20 |
| 3 Beds | $2,047 | $2,069 | $1,344 – $2,400 | $2 / $2 | 1,291 / 1,275 | 25 / 1 | 4 | 14 |
| 4 Beds | $2,181 | $2,200 | $1,876 – $2,349 | $1 / $1 | 1,622 / 1,387 | 44 / 14 | 1 | 4 |
6-Month Sales Trend
Dec 2025
Median Price:$342,000Median DOM:67New:56Total:382
Jan 2026
Median Price:$349,900Median DOM:70New:76Total:348
Feb 2026
Median Price:$356,048Median DOM:53New:63Total:330
Mar 2026
Median Price:$345,000Median DOM:39New:101Total:309
Apr 2026
Median Price:$342,000Median DOM:33New:106Total:349
May 2026
Median Price:$349,900Median DOM:32New:43Total:347
6-Month Rental Trend
Dec 2025
Median Rent:$1,415Median DOM:1New:19Total:40
Jan 2026
Median Rent:$1,300Median DOM:1New:19Total:36
Feb 2026
Median Rent:$1,300Median DOM:6New:17Total:40
Mar 2026
Median Rent:$1,300Median DOM:8New:17Total:41
Apr 2026
Median Rent:$1,344Median DOM:9New:16Total:48
May 2026
Median Rent:$1,475Median DOM:8New:13Total:48
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market declined, signaling improving 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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