ZIP 37118 Housing Market Report
Nashville Metro
Report period: July 2026
37118 Monthly Market Update – July 2026
ZIP 37118 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$725,000
0.0%
Median DOM (Sales)
53
0.0%
New Listings (Sales)
2
+100.0%
Median Rent
—
—
Median DOM (Rental)
—
—
Total Rental Listings
—
—
Month-over-Month Movement
Median sale prices were flat.
What's Moving Fastest
- Fastest selling: Single Family (53 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 4 Beds ($1,199,990 median)
Sales Market Overview
Median Price
$725,000
0.0%
Median DOM
53
0.0%
New Listings
2
+100.0%
Inventory
11
+10.0%
- Average Price: $746,799
- Median Price: $725,000
- Price Range: $290,000 – $1,600,000
- Price per Sq Ft (Avg/Median): $314 / $322
- Square Footage (Avg/Median): 2,789 / 2,275
- Square Footage Range: 864 – 4,918
- Days on Market (Avg/Median): 69 / 53
- Days on Market Range: 2 – 160
- New Listings: 2
- Total Listings: 11
Sales by Property Type
Land
Avg/Median Price$397,500 / $345,000Range$345,000 – $450,000Price per Sq Ft—Sq Ft—DOM160 / 160New0Total2
Single Family
Avg/Median Price$824,421 / $775,000Range$290,000 – $1,600,000Price per Sq Ft$314 / $322Sq Ft2,789 / 2,275DOM58 / 53New2Total9
Sales by Bedroom Count
2 Beds
Avg:$342,500Median:$290,000Range:$290,000 – $395,000PSF:$360 / $262Sq Ft:984 / 864DOM:31 / 5New:1Total:2
3 Beds
Avg:$789,950Median:$725,000Range:$584,900 – $949,900PSF:$335 / $322Sq Ft:2,346 / 2,251DOM:61 / 51New:1Total:4
4 Beds
Avg:$1,191,663Median:$1,199,990Range:$775,000 – $1,600,000PSF:$256 / $248Sq Ft:4,582 / 4,831DOM:73 / 65New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $342,500 | $290,000 | $290,000 – $395,000 | $360 / $262 | 984 / 864 | 31 / 5 | 1 | 2 |
| 3 Beds | $789,950 | $725,000 | $584,900 – $949,900 | $335 / $322 | 2,346 / 2,251 | 61 / 51 | 1 | 4 |
| 4 Beds | $1,191,663 | $1,199,990 | $775,000 – $1,600,000 | $256 / $248 | 4,582 / 4,831 | 73 / 65 | 0 | 3 |
Rental Market Overview
Median Rent
$1,590
—
Median DOM
1
—
New Listings
0
Inventory
2
—
- Average Rent: $1,845
- Median Rent: $1,590
- Rent Range: $1,590 – $2,100
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,684 / 1,054
- Square Footage Range: 1,054 – 2,315
- Days on Market (Avg/Median): 2 / 1
- Days on Market Range: 1 – 3
- New Listings: 0
- Total Listings: 2
Rentals by Property Type
Apartment
—
Median DOM: —
Inventory: —
MoM: —
Condo
—
Median DOM: —
Inventory: —
MoM: —
Single Family
$1,590
Median DOM: 1
Inventory: 2
MoM: —
Townhouse
—
Median DOM: —
Inventory: —
MoM: —
Single Family
Avg/Median Rent$1,845 / $1,590Range$1,590 – $2,100Rent per Sq Ft$1 / $1Sq Ft1,684 / 1,054DOM2 / 1New0Total2
Rentals by Bedroom Count
2 Beds
Avg:$1,590Median:$1,590Range:$1,590 – $1,590PSF:$2 / $2Sq Ft:1,054 / 1,054DOM:3 / 3New:0Total:1
3 Beds
Avg:$2,100Median:$2,100Range:$2,100 – $2,100PSF:$1 / $1Sq Ft:2,315 / 2,315DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $1,590 | $1,590 | $1,590 – $1,590 | $2 / $2 | 1,054 / 1,054 | 3 / 3 | 0 | 1 |
| 3 Beds | $2,100 | $2,100 | $2,100 – $2,100 | $1 / $1 | 2,315 / 2,315 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$799,000Median DOM:60New:2Total:10
Mar 2026
Median Price:$605,000Median DOM:18New:6Total:11
Apr 2026
Median Price:$725,000Median DOM:28New:5Total:15
May 2026
Median Price:$594,900Median DOM:40New:2Total:14
Jun 2026
Median Price:$725,000Median DOM:53New:1Total:10
Jul 2026
Median Price:$725,000Median DOM:53New:2Total:11
6-Month Rental Trend
Trend data unavailable.
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing remained stable, while total rental inventory was flat.
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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