ZIP 37127 Housing Market Report
Nashville Metro
Report period: August 2026
37127 Monthly Market Update – August 2026
ZIP 37127 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$445,000
+1.2%
Median DOM (Sales)
40
−2.4%
New Listings (Sales)
20
−71.4%
Median Rent
$2,279
+1.3%
Median DOM (Rental)
11
0.0%
Total Rental Listings
90
−9.1%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Condo (13 DOM)
- Fastest renting: Single Family (6 DOM)
- Strongest bedroom: 7 Beds ($1,100,000 median)
Sales Market Overview
Median Price
$445,000
+1.2%
Median DOM
40
−2.4%
New Listings
20
−71.4%
Inventory
247
+1.6%
- Average Price: $539,224
- Median Price: $445,000
- Price Range: $119,900 – $4,200,000
- Price per Sq Ft (Avg/Median): $227 / $219
- Square Footage (Avg/Median): 2,261 / 2,111
- Square Footage Range: 975 – 6,374
- Days on Market (Avg/Median): 63 / 40
- Days on Market Range: 3 – 365
- New Listings: 20
- Total Listings: 247
Sales by Property Type
Condo
Avg/Median Price$429,900 / $429,900Range$429,900 – $429,900Price per Sq Ft$197 / $197Sq Ft2,177 / 2,177DOM13 / 13New0Total1
Land
Avg/Median Price$965,969 / $259,900Range$119,900 – $4,200,000Price per Sq Ft—Sq Ft—DOM110 / 64New1Total16
Single Family
Avg/Median Price$552,167 / $469,000Range$130,000 – $2,950,000Price per Sq Ft$234 / $227Sq Ft2,394 / 2,276DOM63 / 43New14Total184
Townhouse
Avg/Median Price$341,397 / $344,900Range$205,000 – $417,700Price per Sq Ft$198 / $200Sq Ft1,732 / 1,729DOM50 / 25New5Total46
Sales by Bedroom Count
2 Beds
Avg:$367,075Median:$299,900Range:$205,000 – $729,900PSF:$237 / $210Sq Ft:1,548 / 1,410DOM:79 / 17New:0Total:8
3 Beds
Avg:$429,734Median:$406,330Range:$284,900 – $1,080,000PSF:$232 / $221Sq Ft:1,894 / 1,779DOM:52 / 34New:13Total:133
4 Beds
Avg:$611,036Median:$599,000Range:$130,000 – $1,349,990PSF:$217 / $218Sq Ft:2,782 / 2,707DOM:70 / 50New:5Total:81
5 Beds
Avg:$880,961Median:$497,990Range:$455,000 – $2,950,000PSF:$224 / $183Sq Ft:3,469 / 3,080DOM:57 / 18New:1Total:8
7 Beds
Avg:$1,100,000Median:$1,100,000Range:$1,100,000 – $1,100,000PSF:$223 / $223Sq Ft:4,922 / 4,922DOM:104 / 104New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $367,075 | $299,900 | $205,000 – $729,900 | $237 / $210 | 1,548 / 1,410 | 79 / 17 | 0 | 8 |
| 3 Beds | $429,734 | $406,330 | $284,900 – $1,080,000 | $232 / $221 | 1,894 / 1,779 | 52 / 34 | 13 | 133 |
| 4 Beds | $611,036 | $599,000 | $130,000 – $1,349,990 | $217 / $218 | 2,782 / 2,707 | 70 / 50 | 5 | 81 |
| 5 Beds | $880,961 | $497,990 | $455,000 – $2,950,000 | $224 / $183 | 3,469 / 3,080 | 57 / 18 | 1 | 8 |
| 7 Beds | $1,100,000 | $1,100,000 | $1,100,000 – $1,100,000 | $223 / $223 | 4,922 / 4,922 | 104 / 104 | 0 | 1 |
Rental Market Overview
Median Rent
$2,279
+1.3%
Median DOM
11
0.0%
New Listings
22
Inventory
90
−9.1%
- Average Rent: $2,250
- Median Rent: $2,279
- Rent Range: $1,115 – $5,000
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,849 / 1,800
- Square Footage Range: 540 – 5,061
- Days on Market (Avg/Median): 33 / 11
- Days on Market Range: 1 – 365
- New Listings: 22
- Total Listings: 90
Rentals by Property Type
Apartment
$1,486
Median DOM: 91
Inventory: 7
MoM: +1.3%
Condo
$2,000
Median DOM: 55
Inventory: 1
MoM: +1.3%
Single Family
$2,325
Median DOM: 6
Inventory: 72
MoM: +1.3%
Townhouse
$2,200
Median DOM: 43
Inventory: 8
MoM: +1.3%
Apartment
Avg/Median Rent$1,642 / $1,486Range$1,115 – $3,180Rent per Sq Ft$2 / $2Sq Ft953 / 723DOM92 / 91New1Total7
Condo
Avg/Median Rent$2,000 / $2,000Range$2,000 – $2,000Rent per Sq Ft$1 / $1Sq Ft1,631 / 1,631DOM55 / 55New0Total1
Multi-Family
Avg/Median Rent$1,774 / $1,650Range$1,650 – $1,899Rent per Sq Ft$1 / $1Sq Ft1,444 / 1,336DOM40 / 10New0Total2
Single Family
Avg/Median Rent$2,332 / $2,325Range$1,600 – $5,000Rent per Sq Ft$1 / $1Sq Ft1,970 / 1,904DOM23 / 6New19Total72
Townhouse
Avg/Median Rent$2,192 / $2,200Range$1,850 – $2,800Rent per Sq Ft$1 / $1Sq Ft1,670 / 1,631DOM71 / 43New2Total8
Rentals by Bedroom Count
1 Beds
Avg:$1,386Median:$1,452Range:$1,115 – $1,576PSF:$2 / $2Sq Ft:729 / 715DOM:115 / 91New:0Total:6
2 Beds
Avg:$1,957Median:$1,850Range:$1,600 – $2,800PSF:$1 / $1Sq Ft:1,446 / 1,455DOM:9 / 2New:1Total:6
3 Beds
Avg:$2,193Median:$2,200Range:$1,650 – $2,680PSF:$1 / $1Sq Ft:1,737 / 1,754DOM:37 / 17New:14Total:51
4 Beds
Avg:$2,633Median:$2,540Range:$2,229 – $5,000PSF:$1 / $1Sq Ft:2,405 / 2,358DOM:14 / 5New:7Total:26
5 Beds
Avg:$2,170Median:$2,170Range:$2,170 – $2,170PSF:$1 / $1Sq Ft:2,206 / 2,206DOM:81 / 81New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,386 | $1,452 | $1,115 – $1,576 | $2 / $2 | 729 / 715 | 115 / 91 | 0 | 6 |
| 2 Beds | $1,957 | $1,850 | $1,600 – $2,800 | $1 / $1 | 1,446 / 1,455 | 9 / 2 | 1 | 6 |
| 3 Beds | $2,193 | $2,200 | $1,650 – $2,680 | $1 / $1 | 1,737 / 1,754 | 37 / 17 | 14 | 51 |
| 4 Beds | $2,633 | $2,540 | $2,229 – $5,000 | $1 / $1 | 2,405 / 2,358 | 14 / 5 | 7 | 26 |
| 5 Beds | $2,170 | $2,170 | $2,170 – $2,170 | $1 / $1 | 2,206 / 2,206 | 81 / 81 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$431,750Median DOM:40New:54Total:207
Apr 2026
Median Price:$431,500Median DOM:38New:60Total:212
May 2026
Median Price:$439,900Median DOM:38New:65Total:217
Jun 2026
Median Price:$439,900Median DOM:32New:72Total:229
Jul 2026
Median Price:$439,900Median DOM:41New:70Total:243
Aug 2026
Median Price:$445,000Median DOM:40New:20Total:247
6-Month Rental Trend
Mar 2026
Median Rent:$2,100Median DOM:1New:48Total:86
Apr 2026
Median Rent:$2,175Median DOM:1New:48Total:96
May 2026
Median Rent:$2,230Median DOM:1New:44Total:100
Jun 2026
Median Rent:$2,250Median DOM:1New:55Total:106
Jul 2026
Median Rent:$2,250Median DOM:11New:31Total:99
Aug 2026
Median Rent:$2,279Median DOM:11New:22Total:90
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving 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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