ZIP 37127 Housing Market Report
Nashville Metro
Report period: May 2026
37127 Monthly Market Update – May 2026
ZIP 37127 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$432,460
+0.2%
Median DOM (Sales)
35
−7.9%
New Listings (Sales)
17
−71.7%
Median Rent
$2,200
+1.1%
Median DOM (Rental)
1
0.0%
Total Rental Listings
95
−1.0%
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: Manufactured (3 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 7 Beds ($1,200,000 median)
Sales Market Overview
Median Price
$432,460
+0.2%
Median DOM
35
−7.9%
New Listings
17
−71.7%
Inventory
214
+0.9%
- Average Price: $545,663
- Median Price: $432,460
- Price Range: $140,000 – $4,200,000
- Price per Sq Ft (Avg/Median): $236 / $224
- Square Footage (Avg/Median): 2,231 / 2,018
- Square Footage Range: 1,080 – 6,374
- Days on Market (Avg/Median): 59 / 35
- Days on Market Range: 2 – 305
- New Listings: 17
- Total Listings: 214
Sales by Property Type
Condo
Avg/Median Price$299,900 / $299,900Range$299,900 – $299,900Price per Sq Ft$225 / $225Sq Ft1,333 / 1,333DOM60 / 60New0Total1
Land
Avg/Median Price$887,533 / $500,000Range$149,900 – $4,200,000Price per Sq Ft—Sq Ft—DOM132 / 92New0Total9
Manufactured
Avg/Median Price$274,900 / $274,900Range$274,900 – $274,900Price per Sq Ft$212 / $212Sq Ft1,296 / 1,296DOM3 / 3New0Total1
Multi-Family
Avg/Median Price$379,900 / $379,900Range$379,900 – $379,900Price per Sq Ft$204 / $204Sq Ft1,866 / 1,866DOM19 / 19New0Total1
Single Family
Avg/Median Price$570,340 / $459,900Range$140,000 – $3,599,000Price per Sq Ft$243 / $232Sq Ft2,341 / 2,153DOM54 / 33New15Total166
Townhouse
Avg/Median Price$365,360 / $374,400Range$289,900 – $417,700Price per Sq Ft$205 / $205Sq Ft1,786 / 1,779DOM72 / 42New2Total36
Sales by Bedroom Count
2 Beds
Avg:$411,417Median:$299,900Range:$299,900 – $799,900PSF:$243 / $225Sq Ft:1,648 / 1,448DOM:105 / 32New:0Total:6
3 Beds
Avg:$426,174Median:$398,900Range:$274,900 – $1,080,000PSF:$236 / $224Sq Ft:1,848 / 1,779DOM:48 / 26New:12Total:120
4 Beds
Avg:$670,272Median:$559,000Range:$140,000 – $3,599,000PSF:$237 / $220Sq Ft:2,764 / 2,750DOM:71 / 47New:4Total:67
5 Beds
Avg:$824,226Median:$539,000Range:$450,000 – $2,990,000PSF:$232 / $220Sq Ft:3,250 / 3,027DOM:41 / 33New:1Total:11
7 Beds
Avg:$1,200,000Median:$1,200,000Range:$1,200,000 – $1,200,000PSF:$244 / $244Sq Ft:4,922 / 4,922DOM:13 / 13New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $411,417 | $299,900 | $299,900 – $799,900 | $243 / $225 | 1,648 / 1,448 | 105 / 32 | 0 | 6 |
| 3 Beds | $426,174 | $398,900 | $274,900 – $1,080,000 | $236 / $224 | 1,848 / 1,779 | 48 / 26 | 12 | 120 |
| 4 Beds | $670,272 | $559,000 | $140,000 – $3,599,000 | $237 / $220 | 2,764 / 2,750 | 71 / 47 | 4 | 67 |
| 5 Beds | $824,226 | $539,000 | $450,000 – $2,990,000 | $232 / $220 | 3,250 / 3,027 | 41 / 33 | 1 | 11 |
| 7 Beds | $1,200,000 | $1,200,000 | $1,200,000 – $1,200,000 | $244 / $244 | 4,922 / 4,922 | 13 / 13 | 0 | 1 |
Rental Market Overview
Median Rent
$2,200
+1.1%
Median DOM
1
0.0%
New Listings
29
Inventory
95
−1.0%
- Average Rent: $2,224
- Median Rent: $2,200
- Rent Range: $850 – $7,000
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,816 / 1,779
- Square Footage Range: 300 – 3,000
- Days on Market (Avg/Median): 25 / 1
- Days on Market Range: 1 – 203
- New Listings: 29
- Total Listings: 95
Rentals by Property Type
Apartment
$1,296
Median DOM: 27
Inventory: 6
MoM: +1.1%
Condo
$1,775
Median DOM: 65
Inventory: 1
MoM: +1.1%
Single Family
$2,269
Median DOM: 1
Inventory: 77
MoM: +1.1%
Townhouse
$2,000
Median DOM: 22
Inventory: 11
MoM: +1.1%
Apartment
Avg/Median Rent$1,642 / $1,296Range$1,115 – $3,380Rent per Sq Ft$2 / $2Sq Ft840 / 715DOM41 / 27New1Total6
Condo
Avg/Median Rent$1,775 / $1,775Range$1,775 – $1,775Rent per Sq Ft$1 / $1Sq Ft1,436 / 1,436DOM65 / 65New0Total1
Single Family
Avg/Median Rent$2,316 / $2,269Range$850 – $7,000Rent per Sq Ft$1 / $1Sq Ft1,937 / 1,863DOM20 / 1New26Total77
Townhouse
Avg/Median Rent$1,941 / $2,000Range$1,400 – $2,250Rent per Sq Ft$1 / $1Sq Ft1,551 / 1,588DOM42 / 22New2Total11
Rentals by Bedroom Count
Studio
Avg:$1,472Median:$850Range:$850 – $2,095PSF:$1 / $1Sq Ft:1,649 / 1,649DOM:48 / 1New:1Total:2
1 Beds
Avg:$1,287Median:$1,250Range:$1,115 – $1,499PSF:$2 / $2Sq Ft:658 / 592DOM:47 / 27New:0Total:6
2 Beds
Avg:$1,915Median:$1,750Range:$1,400 – $3,380PSF:$1 / $1Sq Ft:1,399 / 1,454DOM:30 / 14New:3Total:7
3 Beds
Avg:$2,111Median:$2,130Range:$1,700 – $2,650PSF:$1 / $1Sq Ft:1,658 / 1,726DOM:29 / 1New:16Total:46
4 Beds
Avg:$2,640Median:$2,520Range:$2,050 – $7,000PSF:$1 / $1Sq Ft:2,290 / 2,240DOM:13 / 1New:9Total:29
5 Beds
Avg:$2,712Median:$2,700Range:$2,575 – $2,900PSF:$1 / $1Sq Ft:2,533 / 2,658DOM:14 / 9New:0Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,472 | $850 | $850 – $2,095 | $1 / $1 | 1,649 / 1,649 | 48 / 1 | 1 | 2 |
| 1 Beds | $1,287 | $1,250 | $1,115 – $1,499 | $2 / $2 | 658 / 592 | 47 / 27 | 0 | 6 |
| 2 Beds | $1,915 | $1,750 | $1,400 – $3,380 | $1 / $1 | 1,399 / 1,454 | 30 / 14 | 3 | 7 |
| 3 Beds | $2,111 | $2,130 | $1,700 – $2,650 | $1 / $1 | 1,658 / 1,726 | 29 / 1 | 16 | 46 |
| 4 Beds | $2,640 | $2,520 | $2,050 – $7,000 | $1 / $1 | 2,290 / 2,240 | 13 / 1 | 9 | 29 |
| 5 Beds | $2,712 | $2,700 | $2,575 – $2,900 | $1 / $1 | 2,533 / 2,658 | 14 / 9 | 0 | 5 |
6-Month Sales Trend
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:$431,750Median DOM:40New:54Total:207
Apr 2026
Median Price:$431,500Median DOM:38New:60Total:212
May 2026
Median Price:$432,460Median DOM:35New:17Total:214
6-Month Rental Trend
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:$2,100Median DOM:1New:48Total:86
Apr 2026
Median Rent:$2,175Median DOM:1New:48Total:96
May 2026
Median Rent:$2,200Median DOM:1New:29Total:95
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.
370103701337014370153702237027370293703137032370353703637037370463704837049370513705537060370623706437066370673706937072370733707537076370803708237085+51 more
← Back to Nashville Metro