ZIP 37122 Housing Market Report
Nashville Metro
Report period: May 2026
37122 Monthly Market Update – May 2026
ZIP 37122 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$613,000
0.0%
Median DOM (Sales)
31
+3.3%
New Listings (Sales)
102
−65.7%
Median Rent
$2,540
+1.6%
Median DOM (Rental)
5
−37.5%
Total Rental Listings
193
−2.0%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Manufactured (13 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 6 Beds ($799,900 median)
Sales Market Overview
Median Price
$613,000
0.0%
Median DOM
31
+3.3%
New Listings
102
−65.7%
Inventory
867
+4.7%
- Average Price: $722,758
- Median Price: $613,000
- Price Range: $44,888 – $7,973,000
- Price per Sq Ft (Avg/Median): $254 / $238
- Square Footage (Avg/Median): 2,695 / 2,656
- Square Footage Range: 672 – 9,626
- Days on Market (Avg/Median): 46 / 31
- Days on Market Range: 1 – 345
- New Listings: 102
- Total Listings: 867
Sales by Property Type
Condo
Avg/Median Price$363,760 / $314,900Range$303,900 – $455,000Price per Sq Ft$284 / $300Sq Ft1,325 / 1,035DOM30 / 25New1Total5
Land
Avg/Median Price$1,243,085 / $590,000Range$44,888 – $7,973,000Price per Sq Ft—Sq Ft—DOM89 / 66New2Total62
Manufactured
Avg/Median Price$488,940 / $319,900Range$85,000 – $999,900Price per Sq Ft$294 / $190Sq Ft1,515 / 1,456DOM11 / 13New0Total5
Single Family
Avg/Median Price$709,981 / $629,990Range$279,900 – $4,949,999Price per Sq Ft$256 / $239Sq Ft2,793 / 2,758DOM43 / 31New88Total730
Townhouse
Avg/Median Price$415,551 / $419,490Range$270,000 – $530,000Price per Sq Ft$234 / $227Sq Ft1,797 / 1,773DOM44 / 20New11Total65
Sales by Bedroom Count
2 Beds
Avg:$452,252Median:$425,000Range:$189,900 – $2,200,000PSF:$307 / $284Sq Ft:1,513 / 1,463DOM:52 / 46New:6Total:40
3 Beds
Avg:$546,995Median:$499,999Range:$85,000 – $1,599,000PSF:$268 / $249Sq Ft:2,092 / 2,048DOM:46 / 27New:34Total:248
4 Beds
Avg:$748,047Median:$669,000Range:$310,000 – $3,199,900PSF:$247 / $239Sq Ft:2,977 / 2,876DOM:41 / 31New:37Total:380
5 Beds
Avg:$783,312Median:$674,240Range:$499,990 – $4,949,999PSF:$230 / $214Sq Ft:3,294 / 3,116DOM:40 / 22New:23Total:131
6 Beds
Avg:$1,490,616Median:$799,900Range:$649,900 – $4,365,000PSF:$281 / $226Sq Ft:4,632 / 3,507DOM:78 / 66New:0Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $452,252 | $425,000 | $189,900 – $2,200,000 | $307 / $284 | 1,513 / 1,463 | 52 / 46 | 6 | 40 |
| 3 Beds | $546,995 | $499,999 | $85,000 – $1,599,000 | $268 / $249 | 2,092 / 2,048 | 46 / 27 | 34 | 248 |
| 4 Beds | $748,047 | $669,000 | $310,000 – $3,199,900 | $247 / $239 | 2,977 / 2,876 | 41 / 31 | 37 | 380 |
| 5 Beds | $783,312 | $674,240 | $499,990 – $4,949,999 | $230 / $214 | 3,294 / 3,116 | 40 / 22 | 23 | 131 |
| 6 Beds | $1,490,616 | $799,900 | $649,900 – $4,365,000 | $281 / $226 | 4,632 / 3,507 | 78 / 66 | 0 | 6 |
Rental Market Overview
Median Rent
$2,540
+1.6%
Median DOM
5
−37.5%
New Listings
45
Inventory
193
−2.0%
- Average Rent: $2,589
- Median Rent: $2,540
- Rent Range: $1,373 – $6,000
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 2,003 / 1,960
- Square Footage Range: 600 – 4,424
- Days on Market (Avg/Median): 28 / 5
- Days on Market Range: 1 – 356
- New Listings: 45
- Total Listings: 193
Rentals by Property Type
Apartment
$1,480
Median DOM: 192
Inventory: 11
MoM: +1.6%
Condo
$1,749
Median DOM: 6
Inventory: 6
MoM: +1.6%
Single Family
$2,660
Median DOM: 1
Inventory: 161
MoM: +1.6%
Townhouse
$2,149
Median DOM: 43
Inventory: 13
MoM: +1.6%
Apartment
Avg/Median Rent$1,509 / $1,480Range$1,373 – $1,700Rent per Sq Ft$2 / $2Sq Ft818 / 800DOM222 / 192New0Total11
Condo
Avg/Median Rent$1,841 / $1,749Range$1,600 – $2,300Rent per Sq Ft$2 / $2Sq Ft1,166 / 1,088DOM24 / 6New2Total6
Multi-Family
Avg/Median Rent$2,600 / $2,500Range$2,500 – $2,700Rent per Sq Ft$1 / $1Sq Ft2,026 / 2,026DOM20 / 11New1Total2
Single Family
Avg/Median Rent$2,723 / $2,660Range$1,795 – $6,000Rent per Sq Ft$1 / $1Sq Ft2,149 / 2,114DOM18 / 1New42Total161
Townhouse
Avg/Median Rent$2,194 / $2,149Range$1,795 – $2,700Rent per Sq Ft$1 / $1Sq Ft1,584 / 1,600DOM43 / 43New0Total13
Rentals by Bedroom Count
1 Beds
Avg:$1,540Median:$1,549Range:$1,373 – $1,700PSF:$2 / $2Sq Ft:776 / 754DOM:164 / 189New:0Total:12
2 Beds
Avg:$1,840Median:$1,795Range:$1,424 – $2,459PSF:$2 / $2Sq Ft:1,205 / 1,107DOM:61 / 31New:2Total:8
3 Beds
Avg:$2,502Median:$2,395Range:$1,895 – $6,000PSF:$1 / $1Sq Ft:1,823 / 1,827DOM:23 / 1New:22Total:99
4 Beds
Avg:$2,915Median:$2,865Range:$2,049 – $4,800PSF:$1 / $1Sq Ft:2,458 / 2,350DOM:14 / 1New:18Total:62
5 Beds
Avg:$3,178Median:$3,155Range:$2,530 – $3,600PSF:$1 / $1Sq Ft:2,894 / 2,850DOM:23 / 5New:3Total:12
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,540 | $1,549 | $1,373 – $1,700 | $2 / $2 | 776 / 754 | 164 / 189 | 0 | 12 |
| 2 Beds | $1,840 | $1,795 | $1,424 – $2,459 | $2 / $2 | 1,205 / 1,107 | 61 / 31 | 2 | 8 |
| 3 Beds | $2,502 | $2,395 | $1,895 – $6,000 | $1 / $1 | 1,823 / 1,827 | 23 / 1 | 22 | 99 |
| 4 Beds | $2,915 | $2,865 | $2,049 – $4,800 | $1 / $1 | 2,458 / 2,350 | 14 / 1 | 18 | 62 |
| 5 Beds | $3,178 | $3,155 | $2,530 – $3,600 | $1 / $1 | 2,894 / 2,850 | 23 / 5 | 3 | 12 |
6-Month Sales Trend
Dec 2025
Median Price:$599,999Median DOM:48New:173Total:719
Jan 2026
Median Price:$619,990Median DOM:49New:221Total:772
Feb 2026
Median Price:$613,865Median DOM:40New:225Total:837
Mar 2026
Median Price:$607,840Median DOM:30New:298Total:777
Apr 2026
Median Price:$613,000Median DOM:30New:297Total:828
May 2026
Median Price:$613,000Median DOM:31New:102Total:867
6-Month Rental Trend
Dec 2025
Median Rent:$2,320Median DOM:19New:75Total:178
Jan 2026
Median Rent:$2,350Median DOM:25New:44Total:174
Feb 2026
Median Rent:$2,497Median DOM:22New:57Total:160
Mar 2026
Median Rent:$2,470Median DOM:9New:76Total:181
Apr 2026
Median Rent:$2,500Median DOM:8New:78Total:197
May 2026
Median Rent:$2,540Median DOM:5New:45Total:193
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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.
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