ZIP 37055 Housing Market Report

Nashville Metro

Report period: August 2026

37055 Monthly Market Update – August 2026

ZIP 37055 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$365,000
−1.3%
Median DOM (Sales)
50
0.0%
New Listings (Sales)
29
−67.4%
Median Rent
$1,200
+0.1%
Median DOM (Rental)
1
0.0%
Total Rental Listings
55
−3.5%

Month-over-Month Movement

Median sale prices eased compared to last month. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Townhouse (33 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 8 Beds ($849,830 median)

Sales Market Overview

Median Price
$365,000
−1.3%
Median DOM
50
0.0%
New Listings
29
−67.4%
Inventory
361
+1.4%
  • Average Price: $574,293
  • Median Price: $365,000
  • Price Range: $15,000 – $5,780,000
  • Price per Sq Ft (Avg/Median): $286 / $239
  • Square Footage (Avg/Median): 1,974 / 1,690
  • Square Footage Range: 750 – 6,556
  • Days on Market (Avg/Median): 66 / 50
  • Days on Market Range: 1 – 344
  • New Listings: 29
  • Total Listings: 361

Sales by Property Type

Condo
Avg/Median Price$249,740 / $215,900Range$205,000 – $313,000Price per Sq Ft$216 / $197Sq Ft1,178 / 1,112DOM54 / 61New0Total5
Land
Avg/Median Price$768,024 / $274,900Range$15,000 – $5,780,000Price per Sq FtSq FtDOM95 / 93New5Total59
Manufactured
Avg/Median Price$271,011 / $324,900Range$59,900 – $444,900Price per Sq Ft$158 / $185Sq Ft1,671 / 1,690DOM38 / 37New2Total17
Multi-Family
Avg/Median Price$2,174,791 / $789,900Range$309,900 – $5,499,900Price per Sq Ft$1,696 / $194Sq Ft2,781 / 2,048DOM88 / 73New1Total8
Single Family
Avg/Median Price$535,816 / $380,000Range$89,000 – $4,300,000Price per Sq Ft$261 / $249Sq Ft2,035 / 1,775DOM64 / 50New21Total244
Townhouse
Avg/Median Price$286,186 / $279,990Range$249,900 – $474,500Price per Sq Ft$188 / $196Sq Ft1,539 / 1,404DOM44 / 33New0Total28

Sales by Bedroom Count

1 Beds
Avg:$1,807,450Median:$214,900Range:$214,900 – $3,400,000PSF:$763 / $267Sq Ft:1,752 / 805DOM:74 / 49New:0Total:2
2 Beds
Avg:$241,478Median:$229,900Range:$89,000 – $359,900PSF:$221 / $228Sq Ft:1,122 / 972DOM:49 / 41New:3Total:26
3 Beds
Avg:$436,153Median:$366,048Range:$59,900 – $3,250,000PSF:$246 / $244Sq Ft:1,786 / 1,520DOM:62 / 45New:14Total:213
4 Beds
Avg:$750,935Median:$509,900Range:$125,000 – $4,300,000PSF:$243 / $226Sq Ft:2,882 / 2,400DOM:51 / 37New:5Total:43
5 Beds
Avg:$859,980Median:$675,000Range:$374,900 – $2,250,000PSF:$239 / $196Sq Ft:3,574 / 3,192DOM:73 / 56New:2Total:10
6 Beds
Avg:$792,000Median:$299,000Range:$299,000 – $1,285,000PSF:$220 / $125Sq Ft:3,236 / 2,383DOM:54 / 17New:0Total:2
7 Beds
Avg:$2,049,500Median:$549,000Range:$549,000 – $3,550,000PSF:$491 / $192Sq Ft:3,676 / 2,856DOM:91 / 89New:0Total:2
8 Beds
Avg:$3,159,882Median:$849,830Range:$789,900 – $5,499,900PSF:$3,060 / $230Sq Ft:2,761 / 927DOM:123 / 73New:0Total:4

Rental Market Overview

Median Rent
$1,200
+0.1%
Median DOM
1
0.0%
New Listings
19
Inventory
55
−3.5%
  • Average Rent: $1,419
  • Median Rent: $1,200
  • Rent Range: $795 – $3,500
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,016 / 949
  • Square Footage Range: 400 – 2,864
  • Days on Market (Avg/Median): 40 / 1
  • Days on Market Range: 1 – 342
  • New Listings: 19
  • Total Listings: 55

Rentals by Property Type

Apartment
$1,025
Median DOM: 20
Inventory: 15
MoM: +0.1%
Condo
$999
Median DOM: 1
Inventory: 22
MoM: +0.1%
Single Family
$2,095
Median DOM: 12
Inventory: 13
MoM: +0.1%
Townhouse
$2,100
Median DOM:
Inventory: 2
MoM: +0.1%
Apartment
Avg/Median Rent$1,167 / $1,025Range$895 – $1,876Rent per Sq Ft$2 / $2Sq Ft781 / 650DOM116 / 20New2Total15
Condo
Avg/Median Rent$1,114 / $999Range$795 – $1,950Rent per Sq Ft$1 / $1Sq Ft831 / 750DOM12 / 1New15Total22
Multi-Family
Avg/Median Rent$1,497 / $1,500Range$1,200 – $1,790Rent per Sq Ft$1 / $1Sq Ft1,051 / 1,000DOM35 / 22New0Total3
Single Family
Avg/Median Rent$2,065 / $2,095Range$1,000 – $3,500Rent per Sq Ft$1 / $1Sq Ft1,492 / 1,300DOM17 / 12New2Total13
Townhouse
Avg/Median Rent$2,350 / $2,100Range$2,100 – $2,600Rent per Sq Ft$1 / $1Sq Ft1,900 / 1,600DOMNew0Total2

Rentals by Bedroom Count

Studio
Avg:$1,218Median:$935Range:$935 – $1,500PSF:$2 / $2Sq Ft:488 / 400DOM:156 / 17New:0Total:2
1 Beds
Avg:$865Median:$795Range:$795 – $1,025PSF:$1 / $1Sq Ft:615 / 650DOM:2 / 1New:6Total:11
2 Beds
Avg:$1,185Median:$1,095Range:$975 – $1,599PSF:$1 / $1Sq Ft:878 / 800DOM:52 / 1New:10Total:24
3 Beds
Avg:$2,086Median:$2,000Range:$1,500 – $3,500PSF:$1 / $1Sq Ft:1,439 / 1,300DOM:14 / 14New:3Total:16
4 Beds
Avg:$2,138Median:$1,876Range:$1,876 – $2,400PSF:$1 / $1Sq Ft:1,814 / 1,387DOM:125 / 22New:0Total:2

6-Month Sales Trend

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:38New:99Total:358
Jun 2026
Median Price:$369,900Median DOM:45New:82Total:343
Jul 2026
Median Price:$369,900Median DOM:50New:89Total:356
Aug 2026
Median Price:$365,000Median DOM:50New:29Total:361

6-Month Rental Trend

Mar 2026
Median Rent:$1,300Median DOM:8New:17Total:41
Apr 2026
Median Rent:$1,344Median DOM:9New:16Total:48
May 2026
Median Rent:$1,344Median DOM:12New:15Total:42
Jun 2026
Median Rent:$1,120Median DOM:1New:30Total:55
Jul 2026
Median Rent:$1,199Median DOM:1New:28Total:57
Aug 2026
Median Rent:$1,200Median DOM:1New:19Total:55

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing increased, while total rental inventory tightened.

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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