ZIP 37122 Housing Market Report

Nashville Metro

Report period: August 2026

37122 Monthly Market Update – August 2026

ZIP 37122 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$619,000
+0.7%
Median DOM (Sales)
32
−5.9%
New Listings (Sales)
87
−70.6%
Median Rent
$2,500
0.0%
Median DOM (Rental)
10
+42.9%
Total Rental Listings
226
−1.3%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Manufactured (17 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 7 Beds ($2,400,000 median)

Sales Market Overview

Median Price
$619,000
+0.7%
Median DOM
32
−5.9%
New Listings
87
−70.6%
Inventory
868
−0.7%
  • Average Price: $749,499
  • Median Price: $619,000
  • Price Range: $74,998 – $10,000,000
  • Price per Sq Ft (Avg/Median): $259 / $239
  • Square Footage (Avg/Median): 2,723 / 2,646
  • Square Footage Range: 954 – 9,626
  • Days on Market (Avg/Median): 50 / 32
  • Days on Market Range: 1 – 365
  • New Listings: 87
  • Total Listings: 868

Sales by Property Type

Apartment
Avg/Median Price$369,000 / $369,000Range$369,000 – $369,000Price per Sq Ft$206 / $206Sq Ft1,792 / 1,792DOM30 / 30New0Total1
Condo
Avg/Median Price$373,575 / $309,900Range$299,999 – $519,900Price per Sq Ft$280 / $290Sq Ft1,384 / 1,035DOM49 / 41New0Total8
Land
Avg/Median Price$1,266,532 / $575,000Range$99,900 – $10,000,000Price per Sq FtSq FtDOM104 / 74New2Total65
Manufactured
Avg/Median Price$473,598 / $399,900Range$74,998 – $875,000Price per Sq Ft$283 / $217Sq Ft1,727 / 1,568DOM53 / 17New0Total8
Single Family
Avg/Median Price$735,564 / $639,990Range$170,000 – $8,000,000Price per Sq Ft$260 / $239Sq Ft2,817 / 2,718DOM46 / 30New78Total731
Townhouse
Avg/Median Price$425,390 / $419,900Range$289,900 – $625,890Price per Sq Ft$235 / $227Sq Ft1,828 / 1,787DOM48 / 38New7Total55

Sales by Bedroom Count

Studio
Avg:$300,000Median:$300,000Range:$300,000 – $300,000PSF:$287 / $287Sq Ft:1,047 / 1,047DOM:16 / 16New:0Total:1
1 Beds
Avg:$639,900Median:$639,900Range:$639,900 – $639,900PSF:$511 / $511Sq Ft:1,253 / 1,253DOM:32 / 32New:0Total:1
2 Beds
Avg:$499,773Median:$417,900Range:$289,900 – $2,125,000PSF:$315 / $284Sq Ft:1,586 / 1,474DOM:57 / 40New:2Total:30
3 Beds
Avg:$576,014Median:$510,170Range:$74,998 – $2,500,000PSF:$273 / $254Sq Ft:2,133 / 2,100DOM:48 / 32New:20Total:269
4 Beds
Avg:$744,324Median:$649,990Range:$359,900 – $3,000,000PSF:$247 / $236Sq Ft:2,968 / 2,819DOM:46 / 30New:42Total:351
5 Beds
Avg:$865,870Median:$699,990Range:$399,000 – $8,000,000PSF:$247 / $220Sq Ft:3,357 / 3,164DOM:40 / 25New:21Total:142
6 Beds
Avg:$1,343,575Median:$829,900Range:$635,000 – $4,365,000PSF:$265 / $225Sq Ft:4,555 / 3,835DOM:82 / 67New:0Total:8
7 Beds
Avg:$2,400,000Median:$2,400,000Range:$2,400,000 – $2,400,000PSF:$302 / $302Sq Ft:7,956 / 7,956DOM:27 / 27New:0Total:1

Rental Market Overview

Median Rent
$2,500
0.0%
Median DOM
10
+42.9%
New Listings
51
Inventory
226
−1.3%
  • Average Rent: $2,535
  • Median Rent: $2,500
  • Rent Range: $1,300 – $6,400
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,953 / 1,895
  • Square Footage Range: 658 – 4,700
  • Days on Market (Avg/Median): 28 / 10
  • Days on Market Range: 1 – 309
  • New Listings: 51
  • Total Listings: 226

Rentals by Property Type

Apartment
$1,455
Median DOM: 148
Inventory: 12
MoM: 0.0%
Condo
$1,749
Median DOM: 1
Inventory: 2
MoM: 0.0%
Single Family
$2,600
Median DOM: 4
Inventory: 188
MoM: 0.0%
Townhouse
$1,989
Median DOM: 30
Inventory: 20
MoM: 0.0%
Apartment
Avg/Median Rent$1,493 / $1,455Range$1,319 – $1,770Rent per Sq Ft$2 / $2Sq Ft851 / 800DOM173 / 148New0Total12
Condo
Avg/Median Rent$2,050 / $1,749Range$1,749 – $2,350Rent per Sq Ft$2 / $2Sq Ft1,302 / 1,088DOM11 / 1New0Total2
Manufactured
Avg/Median Rent$1,750 / $1,750Range$1,750 – $1,750Rent per Sq Ft$1 / $1Sq Ft1,300 / 1,300DOM14 / 14New0Total1
Multi-Family
Avg/Median Rent$1,825 / $1,475Range$1,300 – $2,700Rent per Sq Ft$1 / $1Sq Ft1,375 / 1,100DOM40 / 35New0Total3
Single Family
Avg/Median Rent$2,672 / $2,600Range$1,300 – $6,400Rent per Sq Ft$1 / $1Sq Ft2,089 / 2,026DOM21 / 4New51Total188
Townhouse
Avg/Median Rent$2,062 / $1,989Range$1,700 – $2,750Rent per Sq Ft$1 / $1Sq Ft1,518 / 1,522DOM45 / 30New0Total20

Rentals by Bedroom Count

1 Beds
Avg:$1,524Median:$1,455Range:$1,319 – $1,800PSF:$2 / $2Sq Ft:826 / 800DOM:173 / 148New:0Total:12
2 Beds
Avg:$1,977Median:$1,900Range:$1,300 – $3,400PSF:$2 / $2Sq Ft:1,318 / 1,161DOM:36 / 30New:2Total:15
3 Beds
Avg:$2,400Median:$2,395Range:$1,300 – $5,900PSF:$1 / $1Sq Ft:1,758 / 1,704DOM:24 / 7New:29Total:116
4 Beds
Avg:$2,863Median:$2,789Range:$2,099 – $6,400PSF:$1 / $1Sq Ft:2,320 / 2,214DOM:21 / 7New:18Total:65
5 Beds
Avg:$3,354Median:$3,295Range:$2,995 – $3,850PSF:$1 / $1Sq Ft:3,164 / 3,008DOM:22 / 13New:2Total:18

6-Month Sales Trend

Mar 2026
Median Price:$607,840Median DOM:30New:298Total:777
Apr 2026
Median Price:$613,000Median DOM:30New:297Total:828
May 2026
Median Price:$609,000Median DOM:30New:290Total:871
Jun 2026
Median Price:$609,990Median DOM:31New:281Total:844
Jul 2026
Median Price:$615,000Median DOM:34New:296Total:874
Aug 2026
Median Price:$619,000Median DOM:32New:87Total:868

6-Month Rental Trend

Mar 2026
Median Rent:$2,470Median DOM:9New:76Total:181
Apr 2026
Median Rent:$2,500Median DOM:8New:78Total:197
May 2026
Median Rent:$2,645Median DOM:5New:97Total:208
Jun 2026
Median Rent:$2,620Median DOM:8New:96Total:212
Jul 2026
Median Rent:$2,500Median DOM:7New:99Total:229
Aug 2026
Median Rent:$2,500Median DOM:10New:51Total:226

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market declined, signaling improving 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.

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