ZIP 37127 Housing Market Report
Nashville Metro
Report period: March 2026
37127 Monthly Market Update – March 2026
ZIP 37127 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$429,900
−0.0%
Median DOM (Sales)
41
−12.8%
New Listings (Sales)
16
−69.8%
Median Rent
$2,159
+0.9%
Median DOM (Rental)
14
−51.7%
Total Rental Listings
112
+15.5%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (15 DOM)
- Fastest renting: Condo (4 DOM)
- Strongest bedroom: 4 Beds ($649,900 median)
Sales Market Overview
Median Price
$429,900
−0.0%
Median DOM
41
−12.8%
New Listings
16
−69.8%
Inventory
205
−4.7%
- Average Price: $536,490
- Median Price: $429,900
- Price Range: $64,900 – $4,200,000
- Price per Sq Ft (Avg/Median): $228 / $220
- Square Footage (Avg/Median): 2,264 / 2,037
- Square Footage Range: 1,134 – 6,086
- Days on Market (Avg/Median): 70 / 41
- Days on Market Range: 2 – 347
- New Listings: 16
- Total Listings: 205
Sales by Property Type
Condo
Avg/Median Price$337,817 / $339,900Range$315,000 – $349,900Price per Sq Ft$195 / $183Sq Ft1,750 / 1,855DOM24 / 27New0Total6
Land
Avg/Median Price$757,100 / $500,000Range$64,900 – $4,200,000Price per Sq Ft—Sq Ft—DOM149 / 159New0Total11
Multi-Family
Avg/Median Price$389,900 / $389,900Range$389,900 – $389,900Price per Sq Ft$209 / $209Sq Ft1,866 / 1,866DOM15 / 15New0Total1
Single Family
Avg/Median Price$576,645 / $470,000Range$144,500 – $3,599,000Price per Sq Ft$235 / $227Sq Ft2,428 / 2,357DOM69 / 39New13Total147
Townhouse
Avg/Median Price$361,716 / $377,900Range$273,000 – $424,900Price per Sq Ft$208 / $207Sq Ft1,748 / 1,779DOM64 / 48New3Total40
Sales by Bedroom Count
2 Beds
Avg:$313,712Median:$304,900Range:$273,000 – $379,000PSF:$214 / $211Sq Ft:1,488 / 1,481DOM:75 / 35New:0Total:8
3 Beds
Avg:$419,347Median:$397,900Range:$150,000 – $1,298,000PSF:$222 / $219Sq Ft:1,906 / 1,855DOM:64 / 42New:10Total:114
4 Beds
Avg:$725,674Median:$649,900Range:$144,500 – $3,599,000PSF:$242 / $224Sq Ft:2,908 / 2,853DOM:66 / 35New:5Total:65
5 Beds
Avg:$595,461Median:$649,900Range:$236,950 – $756,580PSF:$195 / $224Sq Ft:2,989 / 3,217DOM:97 / 35New:1Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $313,712 | $304,900 | $273,000 – $379,000 | $214 / $211 | 1,488 / 1,481 | 75 / 35 | 0 | 8 |
| 3 Beds | $419,347 | $397,900 | $150,000 – $1,298,000 | $222 / $219 | 1,906 / 1,855 | 64 / 42 | 10 | 114 |
| 4 Beds | $725,674 | $649,900 | $144,500 – $3,599,000 | $242 / $224 | 2,908 / 2,853 | 66 / 35 | 5 | 65 |
| 5 Beds | $595,461 | $649,900 | $236,950 – $756,580 | $195 / $224 | 2,989 / 3,217 | 97 / 35 | 1 | 7 |
Rental Market Overview
Median Rent
$2,159
+0.9%
Median DOM
14
−51.7%
New Listings
40
Inventory
112
+15.5%
- Average Rent: $2,191
- Median Rent: $2,159
- Rent Range: $1,115 – $6,800
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,793 / 1,753
- Square Footage Range: 300 – 3,000
- Days on Market (Avg/Median): 79 / 14
- Days on Market Range: 1 – 322
- New Listings: 40
- Total Listings: 112
Rentals by Property Type
Apartment
$1,331
Median DOM: 30
Inventory: 4
MoM: +0.9%
Condo
$1,795
Median DOM: 4
Inventory: 1
MoM: +0.9%
Single Family
$2,195
Median DOM: 9
Inventory: 91
MoM: +0.9%
Townhouse
$2,050
Median DOM: 17
Inventory: 15
MoM: +0.9%
Apartment
Avg/Median Rent$1,415 / $1,331Range$1,115 – $1,840Rent per Sq Ft$2 / $1Sq Ft929 / 783DOM118 / 30New0Total4
Condo
Avg/Median Rent$1,795 / $1,795Range$1,795 – $1,795Rent per Sq Ft$1 / $1Sq Ft1,436 / 1,436DOM4 / 4New1Total1
Multi-Family
Avg/Median Rent$1,850 / $1,850Range$1,850 – $1,850Rent per Sq Ft$1 / $1Sq Ft1,434 / 1,434DOM110 / 110New0Total1
Single Family
Avg/Median Rent$2,255 / $2,195Range$1,299 – $6,800Rent per Sq Ft$1 / $1Sq Ft1,865 / 1,779DOM84 / 9New34Total91
Townhouse
Avg/Median Rent$2,057 / $2,050Range$1,750 – $2,350Rent per Sq Ft$1 / $1Sq Ft1,635 / 1,588DOM38 / 17New5Total15
Rentals by Bedroom Count
Studio
Avg:$2,095Median:$2,095Range:$2,095 – $2,095PSF:$1 / $1Sq Ft:1,649 / 1,649DOM:21 / 21New:0Total:1
1 Beds
Avg:$1,330Median:$1,331Range:$1,115 – $1,500PSF:$3 / $2Sq Ft:657 / 592DOM:120 / 30New:1Total:4
2 Beds
Avg:$1,727Median:$1,800Range:$1,299 – $1,875PSF:$1 / $1Sq Ft:1,414 / 1,456DOM:13 / 1New:4Total:6
3 Beds
Avg:$2,096Median:$2,100Range:$1,500 – $2,645PSF:$1 / $1Sq Ft:1,696 / 1,670DOM:65 / 4New:24Total:67
4 Beds
Avg:$2,544Median:$2,395Range:$1,925 – $6,800PSF:$1 / $1Sq Ft:2,091 / 2,027DOM:68 / 24New:9Total:23
5 Beds
Avg:$2,608Median:$2,545Range:$2,475 – $2,800PSF:$1 / $1Sq Ft:2,397 / 2,320DOM:208 / 259New:2Total:11
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,095 | $2,095 | $2,095 – $2,095 | $1 / $1 | 1,649 / 1,649 | 21 / 21 | 0 | 1 |
| 1 Beds | $1,330 | $1,331 | $1,115 – $1,500 | $3 / $2 | 657 / 592 | 120 / 30 | 1 | 4 |
| 2 Beds | $1,727 | $1,800 | $1,299 – $1,875 | $1 / $1 | 1,414 / 1,456 | 13 / 1 | 4 | 6 |
| 3 Beds | $2,096 | $2,100 | $1,500 – $2,645 | $1 / $1 | 1,696 / 1,670 | 65 / 4 | 24 | 67 |
| 4 Beds | $2,544 | $2,395 | $1,925 – $6,800 | $1 / $1 | 2,091 / 2,027 | 68 / 24 | 9 | 23 |
| 5 Beds | $2,608 | $2,545 | $2,475 – $2,800 | $1 / $1 | 2,397 / 2,320 | 208 / 259 | 2 | 11 |
6-Month Sales Trend
Oct 2025
Median Price:$459,900Median DOM:52New:53Total:226
Nov 2025
Median Price:$449,000Median DOM:54New:44Total:220
Dec 2025
Median Price:$446,280Median DOM:64New:35Total:203
Jan 2026
Median Price:$449,000Median DOM:57New:50Total:197
Feb 2026
Median Price:$429,990Median DOM:47New:53Total:215
Mar 2026
Median Price:$429,900Median DOM:41New:16Total:205
6-Month Rental Trend
Oct 2025
Median Rent:$2,195Median DOM:16New:45Total:108
Nov 2025
Median Rent:$2,095Median DOM:20New:43Total:95
Dec 2025
Median Rent:$2,025Median DOM:24New:32Total:94
Jan 2026
Median Rent:$2,110Median DOM:51New:30Total:101
Feb 2026
Median Rent:$2,140Median DOM:29New:37Total:97
Mar 2026
Median Rent:$2,159Median DOM:14New:40Total:112
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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