ZIP 37115 Housing Market Report
Nashville Metro
Report period: July 2026
37115 Monthly Market Update – July 2026
ZIP 37115 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$357,000
0.0%
Median DOM (Sales)
41
+7.9%
New Listings (Sales)
24
−74.7%
Median Rent
$1,695
−5.8%
Median DOM (Rental)
16
0.0%
Total Rental Listings
188
+8.0%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (31 DOM)
- Fastest renting: Single Family (6 DOM)
- Strongest bedroom: 5 Beds ($469,000 median)
Sales Market Overview
Median Price
$357,000
0.0%
Median DOM
41
+7.9%
New Listings
24
−74.7%
Inventory
379
+1.6%
- Average Price: $362,329
- Median Price: $357,000
- Price Range: $79,900 – $1,250,000
- Price per Sq Ft (Avg/Median): $235 / $228
- Square Footage (Avg/Median): 1,586 / 1,509
- Square Footage Range: 621 – 4,263
- Days on Market (Avg/Median): 61 / 41
- Days on Market Range: 2 – 358
- New Listings: 24
- Total Listings: 379
Sales by Property Type
Condo
Avg/Median Price$175,995 / $169,900Range$114,900 – $269,900Price per Sq Ft$182 / $185Sq Ft988 / 1,050DOM94 / 78New0Total43
Land
Avg/Median Price$296,587 / $249,900Range$79,900 – $825,000Price per Sq Ft—Sq Ft—DOM110 / 120New0Total30
Multi-Family
Avg/Median Price$339,212 / $330,000Range$259,900 – $390,000Price per Sq Ft$224 / $223Sq Ft1,527 / 1,550DOM38 / 31New0Total25
Single Family
Avg/Median Price$425,023 / $399,000Range$105,900 – $1,250,000Price per Sq Ft$252 / $243Sq Ft1,753 / 1,701DOM57 / 35New18Total214
Townhouse
Avg/Median Price$319,732 / $305,900Range$100,000 – $684,000Price per Sq Ft$219 / $219Sq Ft1,459 / 1,371DOM44 / 36New6Total67
Sales by Bedroom Count
1 Beds
Avg:$186,847Median:$161,500Range:$105,900 – $359,900PSF:$233 / $245Sq Ft:794 / 680DOM:95 / 64New:1Total:17
2 Beds
Avg:$255,671Median:$249,900Range:$100,000 – $534,995PSF:$216 / $212Sq Ft:1,179 / 1,127DOM:61 / 51New:6Total:96
3 Beds
Avg:$406,531Median:$385,000Range:$140,000 – $1,250,000PSF:$252 / $245Sq Ft:1,665 / 1,641DOM:56 / 38New:8Total:153
4 Beds
Avg:$444,991Median:$409,900Range:$275,000 – $875,000PSF:$225 / $220Sq Ft:1,999 / 1,866DOM:45 / 32New:7Total:64
5 Beds
Avg:$505,359Median:$469,000Range:$260,000 – $889,000PSF:$217 / $218Sq Ft:2,362 / 2,275DOM:65 / 43New:1Total:16
6 Beds
Avg:$365,000Median:$365,000Range:$365,000 – $365,000PSF:$183 / $183Sq Ft:2,000 / 2,000DOM:12 / 12New:0Total:1
7 Beds
Avg:$787,500Median:$450,000Range:$450,000 – $1,125,000PSF:$340 / $274Sq Ft:2,204 / 1,644DOM:6 / 6New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $186,847 | $161,500 | $105,900 – $359,900 | $233 / $245 | 794 / 680 | 95 / 64 | 1 | 17 |
| 2 Beds | $255,671 | $249,900 | $100,000 – $534,995 | $216 / $212 | 1,179 / 1,127 | 61 / 51 | 6 | 96 |
| 3 Beds | $406,531 | $385,000 | $140,000 – $1,250,000 | $252 / $245 | 1,665 / 1,641 | 56 / 38 | 8 | 153 |
| 4 Beds | $444,991 | $409,900 | $275,000 – $875,000 | $225 / $220 | 1,999 / 1,866 | 45 / 32 | 7 | 64 |
| 5 Beds | $505,359 | $469,000 | $260,000 – $889,000 | $217 / $218 | 2,362 / 2,275 | 65 / 43 | 1 | 16 |
| 6 Beds | $365,000 | $365,000 | $365,000 – $365,000 | $183 / $183 | 2,000 / 2,000 | 12 / 12 | 0 | 1 |
| 7 Beds | $787,500 | $450,000 | $450,000 – $1,125,000 | $340 / $274 | 2,204 / 1,644 | 6 / 6 | 1 | 2 |
Rental Market Overview
Median Rent
$1,695
−5.8%
Median DOM
16
0.0%
New Listings
47
Inventory
188
+8.0%
- Average Rent: $1,779
- Median Rent: $1,695
- Rent Range: $795 – $4,785
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,182 / 1,110
- Square Footage Range: 442 – 2,554
- Days on Market (Avg/Median): 44 / 16
- Days on Market Range: 1 – 359
- New Listings: 47
- Total Listings: 188
Rentals by Property Type
Apartment
$1,050
Median DOM: 52
Inventory: 44
MoM: −5.8%
Condo
$1,500
Median DOM: 29
Inventory: 16
MoM: −5.8%
Single Family
$2,120
Median DOM: 6
Inventory: 90
MoM: −5.8%
Townhouse
$2,200
Median DOM: 42
Inventory: 26
MoM: −5.8%
Apartment
Avg/Median Rent$1,142 / $1,050Range$795 – $2,729Rent per Sq Ft$2 / $1Sq Ft772 / 708DOM89 / 52New8Total44
Condo
Avg/Median Rent$1,466 / $1,500Range$900 – $1,800Rent per Sq Ft$1 / $2Sq Ft1,008 / 968DOM48 / 29New3Total16
Multi-Family
Avg/Median Rent$1,325 / $1,250Range$895 – $1,995Rent per Sq Ft$2 / $2Sq Ft807 / 756DOM28 / 16New3Total12
Single Family
Avg/Median Rent$2,067 / $2,120Range$925 – $3,300Rent per Sq Ft$2 / $2Sq Ft1,396 / 1,371DOM20 / 6New31Total90
Townhouse
Avg/Median Rent$2,266 / $2,200Range$1,295 – $4,785Rent per Sq Ft$2 / $2Sq Ft1,416 / 1,384DOM84 / 42New2Total26
Rentals by Bedroom Count
Studio
Avg:$1,261Median:$1,361Range:$1,000 – $1,423PSF:$2 / $2Sq Ft:596 / 592DOM:—New:0Total:3
1 Beds
Avg:$1,067Median:$1,000Range:$795 – $2,300PSF:$2 / $2Sq Ft:722 / 696DOM:51 / 11New:10Total:43
2 Beds
Avg:$1,563Median:$1,475Range:$940 – $4,785PSF:$2 / $2Sq Ft:975 / 968DOM:48 / 16New:16Total:54
3 Beds
Avg:$2,218Median:$2,200Range:$1,400 – $3,300PSF:$2 / $2Sq Ft:1,440 / 1,419DOM:45 / 23New:15Total:63
4 Beds
Avg:$2,412Median:$2,349Range:$1,400 – $3,150PSF:$1 / $1Sq Ft:1,802 / 1,668DOM:20 / 1New:6Total:23
5 Beds
Avg:$2,600Median:$2,250Range:$2,250 – $2,950PSF:$1 / $1Sq Ft:2,024 / 1,536DOM:30 / 1New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,261 | $1,361 | $1,000 – $1,423 | $2 / $2 | 596 / 592 | — | 0 | 3 |
| 1 Beds | $1,067 | $1,000 | $795 – $2,300 | $2 / $2 | 722 / 696 | 51 / 11 | 10 | 43 |
| 2 Beds | $1,563 | $1,475 | $940 – $4,785 | $2 / $2 | 975 / 968 | 48 / 16 | 16 | 54 |
| 3 Beds | $2,218 | $2,200 | $1,400 – $3,300 | $2 / $2 | 1,440 / 1,419 | 45 / 23 | 15 | 63 |
| 4 Beds | $2,412 | $2,349 | $1,400 – $3,150 | $1 / $1 | 1,802 / 1,668 | 20 / 1 | 6 | 23 |
| 5 Beds | $2,600 | $2,250 | $2,250 – $2,950 | $1 / $1 | 2,024 / 1,536 | 30 / 1 | 0 | 2 |
6-Month Sales Trend
Feb 2026
Median Price:$374,800Median DOM:45New:75Total:348
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:$357,000Median DOM:41New:24Total:379
6-Month Rental Trend
Feb 2026
Median Rent:$1,850Median DOM:50New:47Total:176
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:$1,695Median DOM:16New:47Total:188
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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