ZIP 37087 Housing Market Report
Nashville Metro
Report period: August 2026
37087 Monthly Market Update – August 2026
ZIP 37087 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$470,000
−0.2%
Median DOM (Sales)
36
−7.7%
New Listings (Sales)
63
−70.1%
Median Rent
$1,945
+2.4%
Median DOM (Rental)
16
+33.3%
Total Rental Listings
192
+2.7%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (18 DOM)
- Fastest renting: Single Family (7 DOM)
- Strongest bedroom: 8 Beds ($999,900 median)
Sales Market Overview
Median Price
$470,000
−0.2%
Median DOM
36
−7.7%
New Listings
63
−70.1%
Inventory
741
+2.1%
- Average Price: $575,155
- Median Price: $470,000
- Price Range: $45,000 – $5,000,000
- Price per Sq Ft (Avg/Median): $233 / $221
- Square Footage (Avg/Median): 2,403 / 2,280
- Square Footage Range: 800 – 12,517
- Days on Market (Avg/Median): 58 / 36
- Days on Market Range: 1 – 365
- New Listings: 63
- Total Listings: 741
Sales by Property Type
Condo
Avg/Median Price$358,933 / $349,000Range$319,900 – $429,900Price per Sq Ft$242 / $247Sq Ft1,496 / 1,453DOM58 / 56New0Total6
Land
Avg/Median Price$643,437 / $339,900Range$45,000 – $5,000,000Price per Sq Ft—Sq Ft—DOM121 / 98New4Total80
Manufactured
Avg/Median Price$449,467 / $314,900Range$215,000 – $1,200,000Price per Sq Ft$300 / $202Sq Ft1,491 / 1,474DOM88 / 53New0Total12
Multi-Family
Avg/Median Price$485,390 / $371,260Range$335,000 – $1,299,900Price per Sq Ft$215 / $223Sq Ft2,308 / 1,682DOM74 / 18New0Total15
Single Family
Avg/Median Price$630,131 / $529,900Range$170,000 – $3,900,000Price per Sq Ft$241 / $229Sq Ft2,605 / 2,504DOM50 / 33New44Total514
Townhouse
Avg/Median Price$315,785 / $290,000Range$236,900 – $544,900Price per Sq Ft$192 / $189Sq Ft1,651 / 1,601DOM53 / 32New15Total114
Sales by Bedroom Count
1 Beds
Avg:$269,900Median:$209,900Range:$209,900 – $329,900PSF:$266 / $140Sq Ft:1,170 / 840DOM:141 / 141New:0Total:2
2 Beds
Avg:$347,385Median:$319,900Range:$229,000 – $699,000PSF:$262 / $248Sq Ft:1,391 / 1,365DOM:78 / 65New:4Total:41
3 Beds
Avg:$461,123Median:$410,000Range:$170,000 – $1,698,000PSF:$235 / $221Sq Ft:1,956 / 1,827DOM:48 / 32New:26Total:306
4 Beds
Avg:$674,498Median:$569,900Range:$273,000 – $2,625,000PSF:$231 / $223Sq Ft:2,833 / 2,711DOM:53 / 34New:25Total:241
5 Beds
Avg:$768,528Median:$549,990Range:$424,995 – $3,900,000PSF:$214 / $196Sq Ft:3,404 / 3,000DOM:44 / 32New:4Total:64
6 Beds
Avg:$1,017,760Median:$889,900Range:$650,000 – $1,450,000PSF:$219 / $231Sq Ft:4,644 / 3,990DOM:43 / 28New:0Total:5
8 Beds
Avg:$999,950Median:$999,900Range:$999,900 – $1,000,000PSF:$321 / $227Sq Ft:3,408 / 2,404DOM:122 / 122New:0Total:2
| 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 | 141 / 141 | 0 | 2 |
| 2 Beds | $347,385 | $319,900 | $229,000 – $699,000 | $262 / $248 | 1,391 / 1,365 | 78 / 65 | 4 | 41 |
| 3 Beds | $461,123 | $410,000 | $170,000 – $1,698,000 | $235 / $221 | 1,956 / 1,827 | 48 / 32 | 26 | 306 |
| 4 Beds | $674,498 | $569,900 | $273,000 – $2,625,000 | $231 / $223 | 2,833 / 2,711 | 53 / 34 | 25 | 241 |
| 5 Beds | $768,528 | $549,990 | $424,995 – $3,900,000 | $214 / $196 | 3,404 / 3,000 | 44 / 32 | 4 | 64 |
| 6 Beds | $1,017,760 | $889,900 | $650,000 – $1,450,000 | $219 / $231 | 4,644 / 3,990 | 43 / 28 | 0 | 5 |
| 8 Beds | $999,950 | $999,900 | $999,900 – $1,000,000 | $321 / $227 | 3,408 / 2,404 | 122 / 122 | 0 | 2 |
Rental Market Overview
Median Rent
$1,945
+2.4%
Median DOM
16
+33.3%
New Listings
46
Inventory
192
+2.7%
- Average Rent: $1,886
- Median Rent: $1,945
- Rent Range: $550 – $4,000
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,540 / 1,601
- Square Footage Range: 330 – 3,278
- Days on Market (Avg/Median): 39 / 16
- Days on Market Range: 1 – 356
- New Listings: 46
- Total Listings: 192
Rentals by Property Type
Apartment
$1,317
Median DOM: 40
Inventory: 34
MoM: +2.4%
Condo
$1,850
Median DOM: 22
Inventory: 8
MoM: +2.4%
Single Family
$2,100
Median DOM: 7
Inventory: 88
MoM: +2.4%
Townhouse
$1,999
Median DOM: 12
Inventory: 49
MoM: +2.4%
Apartment
Avg/Median Rent$1,371 / $1,317Range$795 – $2,000Rent per Sq Ft$2 / $1Sq Ft977 / 900DOM112 / 40New1Total34
Condo
Avg/Median Rent$1,744 / $1,850Range$550 – $2,600Rent per Sq Ft$1 / $1Sq Ft1,602 / 1,422DOM34 / 22New0Total8
Manufactured
Avg/Median Rent$1,200 / $1,200Range$1,200 – $1,200Rent per Sq Ft$1 / $1Sq Ft1,000 / 1,000DOM15 / 15New0Total1
Multi-Family
Avg/Median Rent$1,327 / $1,325Range$1,150 – $1,645Rent per Sq Ft$1 / $1Sq Ft1,073 / 1,042DOM40 / 18New0Total12
Single Family
Avg/Median Rent$2,145 / $2,100Range$1,100 – $4,000Rent per Sq Ft$1 / $1Sq Ft1,802 / 1,774DOM25 / 7New32Total88
Townhouse
Avg/Median Rent$1,951 / $1,999Range$1,375 – $2,500Rent per Sq Ft$1 / $1Sq Ft1,575 / 1,524DOM25 / 12New13Total49
Rentals by Bedroom Count
Studio
Avg:$881Median:$550Range:$550 – $1,212PSF:$4 / $4Sq Ft:330 / 330DOM:22 / 22New:0Total:2
1 Beds
Avg:$1,224Median:$1,221Range:$795 – $1,514PSF:$2 / $2Sq Ft:760 / 780DOM:130 / 48New:0Total:12
2 Beds
Avg:$1,411Median:$1,375Range:$1,100 – $2,000PSF:$1 / $1Sq Ft:1,047 / 1,024DOM:55 / 18New:8Total:50
3 Beds
Avg:$2,069Median:$2,000Range:$1,182 – $4,000PSF:$1 / $1Sq Ft:1,701 / 1,628DOM:23 / 13New:31Total:103
4 Beds
Avg:$2,463Median:$2,370Range:$1,710 – $3,950PSF:$1 / $1Sq Ft:2,130 / 2,011DOM:45 / 10New:7Total:23
5 Beds
Avg:$2,650Median:$2,500Range:$2,500 – $2,800PSF:$1 / $1Sq Ft:2,720 / 2,641DOM:52 / 13New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $881 | $550 | $550 – $1,212 | $4 / $4 | 330 / 330 | 22 / 22 | 0 | 2 |
| 1 Beds | $1,224 | $1,221 | $795 – $1,514 | $2 / $2 | 760 / 780 | 130 / 48 | 0 | 12 |
| 2 Beds | $1,411 | $1,375 | $1,100 – $2,000 | $1 / $1 | 1,047 / 1,024 | 55 / 18 | 8 | 50 |
| 3 Beds | $2,069 | $2,000 | $1,182 – $4,000 | $1 / $1 | 1,701 / 1,628 | 23 / 13 | 31 | 103 |
| 4 Beds | $2,463 | $2,370 | $1,710 – $3,950 | $1 / $1 | 2,130 / 2,011 | 45 / 10 | 7 | 23 |
| 5 Beds | $2,650 | $2,500 | $2,500 – $2,800 | $1 / $1 | 2,720 / 2,641 | 52 / 13 | 0 | 2 |
6-Month Sales Trend
Mar 2026
Median Price:$462,990Median DOM:32New:215Total:687
Apr 2026
Median Price:$479,995Median DOM:32New:225Total:702
May 2026
Median Price:$475,000Median DOM:33New:211Total:721
Jun 2026
Median Price:$467,990Median DOM:39New:206Total:722
Jul 2026
Median Price:$471,110Median DOM:39New:211Total:726
Aug 2026
Median Price:$470,000Median DOM:36New:63Total:741
6-Month Rental Trend
Mar 2026
Median Rent:$1,900Median DOM:29New:56Total:161
Apr 2026
Median Rent:$1,945Median DOM:27New:47Total:159
May 2026
Median Rent:$1,950Median DOM:18New:58Total:166
Jun 2026
Median Rent:$2,000Median DOM:12New:69Total:165
Jul 2026
Median Rent:$1,900Median DOM:12New:90Total:187
Aug 2026
Median Rent:$1,945Median DOM:16New:46Total:192
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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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