ZIP 37087 Housing Market Report
Nashville Metro
Report period: May 2026
37087 Monthly Market Update – May 2026
ZIP 37087 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$474,990
−1.0%
Median DOM (Sales)
32
0.0%
New Listings (Sales)
80
−64.4%
Median Rent
$1,949
+0.2%
Median DOM (Rental)
24
−11.1%
Total Rental Listings
161
+1.3%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Condo (16 DOM)
- Fastest renting: Single Family (5 DOM)
- Strongest bedroom: 8 Beds ($999,900 median)
Sales Market Overview
Median Price
$474,990
−1.0%
Median DOM
32
0.0%
New Listings
80
−64.4%
Inventory
724
+3.1%
- Average Price: $586,192
- Median Price: $474,990
- Price Range: $35,000 – $5,000,000
- Price per Sq Ft (Avg/Median): $232 / $220
- Square Footage (Avg/Median): 2,451 / 2,344
- Square Footage Range: 768 – 12,517
- Days on Market (Avg/Median): 54 / 32
- Days on Market Range: 1 – 361
- New Listings: 80
- Total Listings: 724
Sales by Property Type
Condo
Avg/Median Price$359,900 / $349,900Range$349,900 – $369,900Price per Sq Ft$262 / $252Sq Ft1,378 / 1,288DOM21 / 16New0Total2
Land
Avg/Median Price$693,017 / $335,000Range$35,000 – $5,000,000Price per Sq Ft—Sq Ft—DOM110 / 88New6Total76
Manufactured
Avg/Median Price$394,671 / $320,000Range$245,000 – $849,900Price per Sq Ft$265 / $198Sq Ft1,523 / 1,449DOM43 / 30New0Total14
Multi-Family
Avg/Median Price$425,887 / $369,900Range$335,000 – $999,900Price per Sq Ft$220 / $226Sq Ft1,971 / 1,682DOM158 / 80New2Total14
Single Family
Avg/Median Price$635,186 / $535,000Range$129,900 – $3,900,000Price per Sq Ft$239 / $228Sq Ft2,652 / 2,525DOM46 / 30New51Total513
Townhouse
Avg/Median Price$320,721 / $307,000Range$249,900 – $549,900Price per Sq Ft$192 / $190Sq Ft1,681 / 1,601DOM45 / 29New21Total105
Sales by Bedroom Count
1 Beds
Avg:$269,900Median:$209,900Range:$209,900 – $329,900PSF:$266 / $140Sq Ft:1,170 / 840DOM:60 / 60New:0Total:2
2 Beds
Avg:$322,791Median:$298,990Range:$129,900 – $524,999PSF:$243 / $227Sq Ft:1,358 / 1,365DOM:43 / 25New:4Total:33
3 Beds
Avg:$472,950Median:$399,900Range:$245,000 – $1,785,000PSF:$235 / $221Sq Ft:1,998 / 1,846DOM:45 / 31New:35Total:300
4 Beds
Avg:$643,729Median:$569,900Range:$295,000 – $2,650,000PSF:$226 / $220Sq Ft:2,804 / 2,663DOM:53 / 30New:28Total:242
5 Beds
Avg:$869,215Median:$629,900Range:$439,995 – $3,900,000PSF:$226 / $204Sq Ft:3,677 / 3,112DOM:41 / 29New:7Total:64
6 Beds
Avg:$1,195,450Median:$799,900Range:$718,000 – $1,639,000PSF:$252 / $180Sq Ft:4,729 / 4,174DOM:88 / 22New:0Total:4
8 Beds
Avg:$820,963Median:$999,900Range:$462,990 – $1,000,000PSF:$278 / $227Sq Ft:3,084 / 2,436DOM:131 / 49New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $269,900 | $209,900 | $209,900 – $329,900 | $266 / $140 | 1,170 / 840 | 60 / 60 | 0 | 2 |
| 2 Beds | $322,791 | $298,990 | $129,900 – $524,999 | $243 / $227 | 1,358 / 1,365 | 43 / 25 | 4 | 33 |
| 3 Beds | $472,950 | $399,900 | $245,000 – $1,785,000 | $235 / $221 | 1,998 / 1,846 | 45 / 31 | 35 | 300 |
| 4 Beds | $643,729 | $569,900 | $295,000 – $2,650,000 | $226 / $220 | 2,804 / 2,663 | 53 / 30 | 28 | 242 |
| 5 Beds | $869,215 | $629,900 | $439,995 – $3,900,000 | $226 / $204 | 3,677 / 3,112 | 41 / 29 | 7 | 64 |
| 6 Beds | $1,195,450 | $799,900 | $718,000 – $1,639,000 | $252 / $180 | 4,729 / 4,174 | 88 / 22 | 0 | 4 |
| 8 Beds | $820,963 | $999,900 | $462,990 – $1,000,000 | $278 / $227 | 3,084 / 2,436 | 131 / 49 | 0 | 3 |
Rental Market Overview
Median Rent
$1,949
+0.2%
Median DOM
24
−11.1%
New Listings
28
Inventory
161
+1.3%
- Average Rent: $1,938
- Median Rent: $1,949
- Rent Range: $812 – $3,400
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,616 / 1,628
- Square Footage Range: 530 – 3,050
- Days on Market (Avg/Median): 49 / 24
- Days on Market Range: 1 – 334
- New Listings: 28
- Total Listings: 161
Rentals by Property Type
Apartment
$1,325
Median DOM: 141
Inventory: 23
MoM: +0.2%
Condo
$1,400
Median DOM: 18
Inventory: 2
MoM: +0.2%
Single Family
$2,119
Median DOM: 5
Inventory: 92
MoM: +0.2%
Townhouse
$1,939
Median DOM: 36
Inventory: 31
MoM: +0.2%
Apartment
Avg/Median Rent$1,336 / $1,325Range$812 – $1,925Rent per Sq Ft$1 / $1Sq Ft937 / 900DOM144 / 141New0Total23
Condo
Avg/Median Rent$1,700 / $1,400Range$1,400 – $2,000Rent per Sq Ft$2 / $2Sq Ft900 / 900DOM18 / 18New0Total2
Multi-Family
Avg/Median Rent$1,469 / $1,350Range$1,050 – $2,400Rent per Sq Ft$1 / $1Sq Ft1,189 / 1,100DOM57 / 59New1Total13
Single Family
Avg/Median Rent$2,150 / $2,119Range$1,200 – $3,400Rent per Sq Ft$1 / $1Sq Ft1,853 / 1,800DOM30 / 5New24Total92
Townhouse
Avg/Median Rent$1,967 / $1,939Range$1,600 – $2,700Rent per Sq Ft$1 / $1Sq Ft1,627 / 1,601DOM47 / 36New3Total31
Rentals by Bedroom Count
1 Beds
Avg:$1,246Median:$1,270Range:$925 – $1,500PSF:$2 / $2Sq Ft:765 / 780DOM:113 / 60New:0Total:9
2 Beds
Avg:$1,398Median:$1,350Range:$812 – $2,000PSF:$1 / $1Sq Ft:1,047 / 977DOM:90 / 62New:1Total:36
3 Beds
Avg:$2,044Median:$1,950Range:$1,200 – $3,200PSF:$1 / $1Sq Ft:1,693 / 1,632DOM:37 / 9New:18Total:84
4 Beds
Avg:$2,454Median:$2,500Range:$1,925 – $3,400PSF:$1 / $1Sq Ft:2,240 / 2,161DOM:28 / 8New:9Total:31
5 Beds
Avg:$2,700Median:$2,700Range:$2,700 – $2,700PSF:$1 / $1Sq Ft:2,800 / 2,800DOM:56 / 56New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,246 | $1,270 | $925 – $1,500 | $2 / $2 | 765 / 780 | 113 / 60 | 0 | 9 |
| 2 Beds | $1,398 | $1,350 | $812 – $2,000 | $1 / $1 | 1,047 / 977 | 90 / 62 | 1 | 36 |
| 3 Beds | $2,044 | $1,950 | $1,200 – $3,200 | $1 / $1 | 1,693 / 1,632 | 37 / 9 | 18 | 84 |
| 4 Beds | $2,454 | $2,500 | $1,925 – $3,400 | $1 / $1 | 2,240 / 2,161 | 28 / 8 | 9 | 31 |
| 5 Beds | $2,700 | $2,700 | $2,700 – $2,700 | $1 / $1 | 2,800 / 2,800 | 56 / 56 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$465,000Median DOM:56New:159Total:752
Jan 2026
Median Price:$458,990Median DOM:50New:214Total:754
Feb 2026
Median Price:$459,900Median DOM:43New:175Total:756
Mar 2026
Median Price:$462,990Median DOM:32New:215Total:687
Apr 2026
Median Price:$479,995Median DOM:32New:225Total:702
May 2026
Median Price:$474,990Median DOM:32New:80Total:724
6-Month Rental Trend
Dec 2025
Median Rent:$1,995Median DOM:29New:61Total:171
Jan 2026
Median Rent:$1,900Median DOM:22New:68Total:191
Feb 2026
Median Rent:$1,875Median DOM:33New:33Total:172
Mar 2026
Median Rent:$1,900Median DOM:29New:56Total:161
Apr 2026
Median Rent:$1,945Median DOM:27New:47Total:159
May 2026
Median Rent:$1,949Median DOM:24New:28Total:161
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 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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