ZIP 37062 Housing Market Report
Nashville Metro
Report period: May 2026
37062 Monthly Market Update – May 2026
ZIP 37062 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$689,000
−1.6%
Median DOM (Sales)
32
+6.7%
New Listings (Sales)
33
−66.7%
Median Rent
$2,250
+0.0%
Median DOM (Rental)
15
+7.1%
Total Rental Listings
34
+3.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (30 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($1,199,990 median)
Sales Market Overview
Median Price
$689,000
−1.6%
Median DOM
32
+6.7%
New Listings
33
−66.7%
Inventory
279
+3.3%
- Average Price: $777,008
- Median Price: $689,000
- Price Range: $50,000 – $5,800,000
- Price per Sq Ft (Avg/Median): $273 / $256
- Square Footage (Avg/Median): 2,597 / 2,618
- Square Footage Range: 970 – 8,246
- Days on Market (Avg/Median): 50 / 32
- Days on Market Range: 2 – 363
- New Listings: 33
- Total Listings: 279
Sales by Property Type
Condo
Avg/Median Price$300,250 / $275,000Range$275,000 – $325,500Price per Sq Ft$234 / $201Sq Ft1,326 / 1,030DOM125 / 35New0Total2
Land
Avg/Median Price$1,227,550 / $449,000Range$50,000 – $5,800,000Price per Sq Ft—Sq Ft—DOM106 / 83New0Total37
Manufactured
Avg/Median Price$1,000,000 / $1,000,000Range$1,000,000 – $1,000,000Price per Sq Ft$1,012 / $1,012Sq Ft988 / 988DOM225 / 225New0Total1
Single Family
Avg/Median Price$727,457 / $714,990Range$269,900 – $3,900,000Price per Sq Ft$274 / $259Sq Ft2,661 / 2,671DOM38 / 30New32Total229
Townhouse
Avg/Median Price$317,764 / $330,000Range$248,995 – $419,900Price per Sq Ft$204 / $207Sq Ft1,558 / 1,646DOM94 / 57New1Total10
Sales by Bedroom Count
1 Beds
Avg:$799,000Median:$799,000Range:$799,000 – $799,000PSF:$786 / $786Sq Ft:1,016 / 1,016DOM:38 / 38New:0Total:1
2 Beds
Avg:$414,227Median:$275,000Range:$248,995 – $999,900PSF:$283 / $253Sq Ft:1,444 / 1,285DOM:60 / 41New:2Total:11
3 Beds
Avg:$525,673Median:$445,000Range:$269,900 – $2,299,900PSF:$275 / $260Sq Ft:1,902 / 1,731DOM:43 / 28New:18Total:102
4 Beds
Avg:$821,332Median:$759,990Range:$375,000 – $2,890,000PSF:$273 / $259Sq Ft:3,009 / 2,958DOM:42 / 31New:9Total:92
5 Beds
Avg:$1,013,037Median:$829,900Range:$579,000 – $3,900,000PSF:$253 / $235Sq Ft:3,851 / 3,566DOM:38 / 30New:3Total:31
6 Beds
Avg:$1,116,657Median:$1,199,990Range:$899,990 – $1,249,990PSF:$258 / $261Sq Ft:4,304 / 4,569DOM:15 / 16New:1Total:3
7 Beds
Avg:$1,037,495Median:$775,000Range:$775,000 – $1,299,990PSF:$241 / $193Sq Ft:4,261 / 4,023DOM:32 / 18New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $799,000 | $799,000 | $799,000 – $799,000 | $786 / $786 | 1,016 / 1,016 | 38 / 38 | 0 | 1 |
| 2 Beds | $414,227 | $275,000 | $248,995 – $999,900 | $283 / $253 | 1,444 / 1,285 | 60 / 41 | 2 | 11 |
| 3 Beds | $525,673 | $445,000 | $269,900 – $2,299,900 | $275 / $260 | 1,902 / 1,731 | 43 / 28 | 18 | 102 |
| 4 Beds | $821,332 | $759,990 | $375,000 – $2,890,000 | $273 / $259 | 3,009 / 2,958 | 42 / 31 | 9 | 92 |
| 5 Beds | $1,013,037 | $829,900 | $579,000 – $3,900,000 | $253 / $235 | 3,851 / 3,566 | 38 / 30 | 3 | 31 |
| 6 Beds | $1,116,657 | $1,199,990 | $899,990 – $1,249,990 | $258 / $261 | 4,304 / 4,569 | 15 / 16 | 1 | 3 |
| 7 Beds | $1,037,495 | $775,000 | $775,000 – $1,299,990 | $241 / $193 | 4,261 / 4,023 | 32 / 18 | 0 | 2 |
Rental Market Overview
Median Rent
$2,250
+0.0%
Median DOM
15
+7.1%
New Listings
6
Inventory
34
+3.0%
- Average Rent: $2,257
- Median Rent: $2,250
- Rent Range: $1,094 – $4,700
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,649 / 1,615
- Square Footage Range: 753 – 2,986
- Days on Market (Avg/Median): 20 / 15
- Days on Market Range: 1 – 69
- New Listings: 6
- Total Listings: 34
Rentals by Property Type
Apartment
$1,094
Median DOM: 1
Inventory: 2
MoM: +0.0%
Condo
$1,750
Median DOM: 29
Inventory: 2
MoM: +0.0%
Single Family
$2,450
Median DOM: 9
Inventory: 24
MoM: +0.0%
Townhouse
$2,100
Median DOM: 28
Inventory: 6
MoM: +0.0%
Apartment
Avg/Median Rent$1,272 / $1,094Range$1,094 – $1,450Rent per Sq Ft$2 / $1Sq Ft804 / 753DOM1 / 1New0Total2
Condo
Avg/Median Rent$1,975 / $1,750Range$1,750 – $2,200Rent per Sq Ft$2 / $1Sq Ft1,293 / 1,095DOM44 / 29New0Total2
Single Family
Avg/Median Rent$2,405 / $2,450Range$1,500 – $4,700Rent per Sq Ft$1 / $1Sq Ft1,785 / 1,786DOM15 / 9New6Total24
Townhouse
Avg/Median Rent$2,088 / $2,100Range$1,575 – $2,500Rent per Sq Ft$1 / $1Sq Ft1,525 / 1,558DOM35 / 28New0Total6
Rentals by Bedroom Count
1 Beds
Avg:$1,094Median:$1,094Range:$1,094 – $1,094PSF:$1 / $1Sq Ft:854 / 854DOM:—New:0Total:1
2 Beds
Avg:$1,762Median:$1,575Range:$1,450 – $2,500PSF:$2 / $1Sq Ft:1,152 / 1,122DOM:16 / 10New:1Total:6
3 Beds
Avg:$2,359Median:$2,250Range:$1,795 – $4,700PSF:$1 / $1Sq Ft:1,685 / 1,615DOM:25 / 19New:3Total:21
4 Beds
Avg:$2,549Median:$2,550Range:$2,450 – $2,599PSF:$1 / $1Sq Ft:2,057 / 2,203DOM:12 / 1New:2Total:5
5 Beds
Avg:$2,795Median:$2,795Range:$2,795 – $2,795PSF:$1 / $1Sq Ft:2,641 / 2,641DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,094 | $1,094 | $1,094 – $1,094 | $1 / $1 | 854 / 854 | — | 0 | 1 |
| 2 Beds | $1,762 | $1,575 | $1,450 – $2,500 | $2 / $1 | 1,152 / 1,122 | 16 / 10 | 1 | 6 |
| 3 Beds | $2,359 | $2,250 | $1,795 – $4,700 | $1 / $1 | 1,685 / 1,615 | 25 / 19 | 3 | 21 |
| 4 Beds | $2,549 | $2,550 | $2,450 – $2,599 | $1 / $1 | 2,057 / 2,203 | 12 / 1 | 2 | 5 |
| 5 Beds | $2,795 | $2,795 | $2,795 – $2,795 | $1 / $1 | 2,641 / 2,641 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$648,900Median DOM:56New:63Total:286
Jan 2026
Median Price:$674,990Median DOM:56New:89Total:325
Feb 2026
Median Price:$679,900Median DOM:42New:83Total:315
Mar 2026
Median Price:$679,990Median DOM:30New:109Total:267
Apr 2026
Median Price:$699,990Median DOM:30New:99Total:270
May 2026
Median Price:$689,000Median DOM:32New:33Total:279
6-Month Rental Trend
Dec 2025
Median Rent:$2,250Median DOM:16New:12Total:32
Jan 2026
Median Rent:$2,200Median DOM:15New:11Total:32
Feb 2026
Median Rent:$2,200Median DOM:23New:12Total:34
Mar 2026
Median Rent:$2,250Median DOM:15New:14Total:33
Apr 2026
Median Rent:$2,249Median DOM:14New:17Total:33
May 2026
Median Rent:$2,250Median DOM:15New:6Total:34
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, while total rental inventory increased.
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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