ZIP 37115 Housing Market Report
Nashville Metro
Report period: August 2026
37115 Monthly Market Update – August 2026
ZIP 37115 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$360,000
+0.0%
Median DOM (Sales)
44
+4.8%
New Listings (Sales)
22
−74.1%
Median Rent
$1,645
0.0%
Median DOM (Rental)
15
+7.1%
Total Rental Listings
189
−0.5%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Manufactured (10 DOM)
- Fastest renting: Single Family (4 DOM)
- Strongest bedroom: 7 Beds ($899,900 median)
Sales Market Overview
Median Price
$360,000
+0.0%
Median DOM
44
+4.8%
New Listings
22
−74.1%
Inventory
339
−2.9%
- Average Price: $369,741
- Median Price: $360,000
- Price Range: $79,900 – $1,250,000
- Price per Sq Ft (Avg/Median): $234 / $228
- Square Footage (Avg/Median): 1,597 / 1,500
- Square Footage Range: 621 – 4,263
- Days on Market (Avg/Median): 63 / 44
- Days on Market Range: 2 – 329
- New Listings: 22
- Total Listings: 339
Sales by Property Type
Condo
Avg/Median Price$177,444 / $168,900Range$114,900 – $264,900Price per Sq Ft$181 / $176Sq Ft997 / 999DOM103 / 84New2Total34
Land
Avg/Median Price$364,300 / $230,000Range$89,900 – $1,250,000Price per Sq Ft—Sq Ft—DOM111 / 83New0Total21
Manufactured
Avg/Median Price$79,900 / $79,900Range$79,900 – $79,900Price per Sq Ft$76 / $76Sq Ft1,056 / 1,056DOM10 / 10New0Total1
Multi-Family
Avg/Median Price$345,735 / $345,000Range$225,000 – $549,000Price per Sq Ft$225 / $226Sq Ft1,561 / 1,504DOM42 / 28New2Total26
Single Family
Avg/Median Price$425,969 / $400,000Range$99,900 – $1,125,000Price per Sq Ft$250 / $241Sq Ft1,764 / 1,720DOM57 / 40New13Total199
Townhouse
Avg/Median Price$307,274 / $290,000Range$150,000 – $649,000Price per Sq Ft$219 / $219Sq Ft1,403 / 1,368DOM54 / 43New5Total58
Sales by Bedroom Count
1 Beds
Avg:$188,320Median:$160,000Range:$99,900 – $359,900PSF:$227 / $235Sq Ft:816 / 742DOM:91 / 44New:3Total:15
2 Beds
Avg:$258,901Median:$251,900Range:$129,000 – $534,749PSF:$220 / $216Sq Ft:1,178 / 1,132DOM:65 / 48New:9Total:86
3 Beds
Avg:$399,759Median:$385,000Range:$79,900 – $899,000PSF:$247 / $236Sq Ft:1,656 / 1,632DOM:57 / 44New:9Total:140
4 Beds
Avg:$461,633Median:$429,900Range:$225,000 – $875,000PSF:$226 / $227Sq Ft:2,064 / 1,946DOM:52 / 33New:1Total:61
5 Beds
Avg:$473,821Median:$430,000Range:$339,900 – $699,999PSF:$212 / $191Sq Ft:2,284 / 2,222DOM:73 / 69New:0Total:12
6 Beds
Avg:$365,000Median:$365,000Range:$365,000 – $365,000PSF:$183 / $183Sq Ft:2,000 / 2,000DOM:43 / 43New:0Total:1
7 Beds
Avg:$808,300Median:$899,900Range:$400,000 – $1,125,000PSF:$325 / $326Sq Ft:2,390 / 2,763DOM:27 / 21New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $188,320 | $160,000 | $99,900 – $359,900 | $227 / $235 | 816 / 742 | 91 / 44 | 3 | 15 |
| 2 Beds | $258,901 | $251,900 | $129,000 – $534,749 | $220 / $216 | 1,178 / 1,132 | 65 / 48 | 9 | 86 |
| 3 Beds | $399,759 | $385,000 | $79,900 – $899,000 | $247 / $236 | 1,656 / 1,632 | 57 / 44 | 9 | 140 |
| 4 Beds | $461,633 | $429,900 | $225,000 – $875,000 | $226 / $227 | 2,064 / 1,946 | 52 / 33 | 1 | 61 |
| 5 Beds | $473,821 | $430,000 | $339,900 – $699,999 | $212 / $191 | 2,284 / 2,222 | 73 / 69 | 0 | 12 |
| 6 Beds | $365,000 | $365,000 | $365,000 – $365,000 | $183 / $183 | 2,000 / 2,000 | 43 / 43 | 0 | 1 |
| 7 Beds | $808,300 | $899,900 | $400,000 – $1,125,000 | $325 / $326 | 2,390 / 2,763 | 27 / 21 | 0 | 3 |
Rental Market Overview
Median Rent
$1,645
0.0%
Median DOM
15
+7.1%
New Listings
33
Inventory
189
−0.5%
- Average Rent: $1,787
- Median Rent: $1,645
- Rent Range: $795 – $4,785
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,200 / 1,100
- Square Footage Range: 442 – 2,620
- Days on Market (Avg/Median): 36 / 15
- Days on Market Range: 1 – 312
- New Listings: 33
- Total Listings: 189
Rentals by Property Type
Apartment
$1,030
Median DOM: 22
Inventory: 49
MoM: 0.0%
Condo
$1,499
Median DOM: 21
Inventory: 20
MoM: 0.0%
Single Family
$2,140
Median DOM: 4
Inventory: 86
MoM: 0.0%
Townhouse
$2,200
Median DOM: 59
Inventory: 19
MoM: 0.0%
Apartment
Avg/Median Rent$1,166 / $1,030Range$795 – $2,654Rent per Sq Ft$2 / $2Sq Ft782 / 740DOM68 / 22New1Total49
Condo
Avg/Median Rent$1,504 / $1,499Range$795 – $2,875Rent per Sq Ft$1 / $2Sq Ft1,047 / 968DOM31 / 21New6Total20
Multi-Family
Avg/Median Rent$1,391 / $1,250Range$895 – $2,600Rent per Sq Ft$2 / $2Sq Ft863 / 756DOM34 / 22New4Total15
Single Family
Avg/Median Rent$2,152 / $2,140Range$950 – $3,200Rent per Sq Ft$2 / $2Sq Ft1,479 / 1,419DOM17 / 4New22Total86
Townhouse
Avg/Median Rent$2,345 / $2,200Range$1,500 – $4,785Rent per Sq Ft$2 / $2Sq Ft1,460 / 1,470DOM78 / 59New0Total19
Rentals by Bedroom Count
Studio
Avg:$1,326Median:$1,345Range:$1,031 – $1,476PSF:$2 / $2Sq Ft:593 / 585DOM:56 / 56New:0Total:4
1 Beds
Avg:$1,064Median:$999Range:$795 – $2,300PSF:$2 / $1Sq Ft:745 / 700DOM:37 / 12New:5Total:45
2 Beds
Avg:$1,596Median:$1,500Range:$995 – $4,785PSF:$2 / $2Sq Ft:984 / 968DOM:45 / 20New:11Total:57
3 Beds
Avg:$2,262Median:$2,205Range:$1,400 – $3,200PSF:$2 / $2Sq Ft:1,496 / 1,454DOM:34 / 22New:13Total:60
4 Beds
Avg:$2,485Median:$2,500Range:$1,400 – $3,150PSF:$1 / $1Sq Ft:1,908 / 1,900DOM:15 / 1New:3Total:20
5 Beds
Avg:$2,725Median:$2,950Range:$2,250 – $2,975PSF:$1 / $1Sq Ft:2,187 / 2,513DOM:20 / 1New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,326 | $1,345 | $1,031 – $1,476 | $2 / $2 | 593 / 585 | 56 / 56 | 0 | 4 |
| 1 Beds | $1,064 | $999 | $795 – $2,300 | $2 / $1 | 745 / 700 | 37 / 12 | 5 | 45 |
| 2 Beds | $1,596 | $1,500 | $995 – $4,785 | $2 / $2 | 984 / 968 | 45 / 20 | 11 | 57 |
| 3 Beds | $2,262 | $2,205 | $1,400 – $3,200 | $2 / $2 | 1,496 / 1,454 | 34 / 22 | 13 | 60 |
| 4 Beds | $2,485 | $2,500 | $1,400 – $3,150 | $1 / $1 | 1,908 / 1,900 | 15 / 1 | 3 | 20 |
| 5 Beds | $2,725 | $2,950 | $2,250 – $2,975 | $1 / $1 | 2,187 / 2,513 | 20 / 1 | 1 | 3 |
6-Month Sales Trend
Mar 2026
Median Price:$359,900Median DOM:33New:96Total:305
Apr 2026
Median Price:$359,900Median DOM:37New:86Total:298
May 2026
Median Price:$359,900Median DOM:35New:123Total:343
Jun 2026
Median Price:$357,000Median DOM:38New:95Total:373
Jul 2026
Median Price:$359,900Median DOM:42New:85Total:349
Aug 2026
Median Price:$360,000Median DOM:44New:22Total:339
6-Month Rental Trend
Mar 2026
Median Rent:$1,850Median DOM:34New:57Total:175
Apr 2026
Median Rent:$1,920Median DOM:25New:57Total:176
May 2026
Median Rent:$1,900Median DOM:22New:57Total:168
Jun 2026
Median Rent:$1,800Median DOM:16New:69Total:174
Jul 2026
Median Rent:$1,645Median DOM:14New:74Total:190
Aug 2026
Median Rent:$1,645Median DOM:15New:33Total:189
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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.
370103701337014370153702237027370293703137032370353703637037370463704837049370513705537060370623706437066370673706937072370733707537076370803708237085+51 more
← Back to Nashville Metro