ZIP 37128 Housing Market Report
Nashville Metro
Report period: May 2026
37128 Monthly Market Update – May 2026
ZIP 37128 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$474,900
+1.1%
Median DOM (Sales)
33
−2.9%
New Listings (Sales)
58
−67.4%
Median Rent
$2,200
+0.9%
Median DOM (Rental)
1
0.0%
Total Rental Listings
362
+2.8%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (31 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 8 Beds ($1,249,900 median)
Sales Market Overview
Median Price
$474,900
+1.1%
Median DOM
33
−2.9%
New Listings
58
−67.4%
Inventory
621
−2.4%
- Average Price: $532,888
- Median Price: $474,900
- Price Range: $220,000 – $5,060,000
- Price per Sq Ft (Avg/Median): $231 / $220
- Square Footage (Avg/Median): 2,270 / 2,240
- Square Footage Range: 858 – 5,800
- Days on Market (Avg/Median): 51 / 33
- Days on Market Range: 1 – 347
- New Listings: 58
- Total Listings: 621
Sales by Property Type
Condo
Avg/Median Price$359,967 / $375,000Range$329,900 – $375,000Price per Sq Ft$206 / $209Sq Ft1,759 / 1,792DOM37 / 53New1Total3
Land
Avg/Median Price$929,708 / $274,900Range$224,900 – $5,060,000Price per Sq Ft—Sq Ft—DOM161 / 204New0Total17
Single Family
Avg/Median Price$585,604 / $525,900Range$265,000 – $2,299,000Price per Sq Ft$239 / $227Sq Ft2,487 / 2,492DOM47 / 31New43Total437
Townhouse
Avg/Median Price$354,448 / $343,000Range$220,000 – $749,000Price per Sq Ft$210 / $210Sq Ft1,704 / 1,615DOM57 / 34New14Total164
Sales by Bedroom Count
1 Beds
Avg:$400,000Median:$400,000Range:$400,000 – $400,000PSF:$256 / $256Sq Ft:1,565 / 1,565DOM:71 / 71New:0Total:1
2 Beds
Avg:$400,434Median:$325,000Range:$220,000 – $989,900PSF:$257 / $228Sq Ft:1,536 / 1,478DOM:39 / 26New:12Total:96
3 Beds
Avg:$453,452Median:$420,000Range:$265,000 – $1,600,000PSF:$229 / $220Sq Ft:1,998 / 1,882DOM:51 / 32New:20Total:264
4 Beds
Avg:$632,091Median:$565,000Range:$379,900 – $2,299,000PSF:$224 / $218Sq Ft:2,784 / 2,747DOM:48 / 33New:23Total:203
5 Beds
Avg:$695,099Median:$640,000Range:$459,900 – $1,799,990PSF:$216 / $213Sq Ft:3,175 / 3,082DOM:60 / 42New:3Total:38
6 Beds
Avg:$587,000Median:$587,000Range:$587,000 – $587,000PSF:$182 / $182Sq Ft:3,220 / 3,220DOM:87 / 87New:0Total:1
8 Beds
Avg:$1,249,900Median:$1,249,900Range:$1,249,900 – $1,249,900PSF:$216 / $216Sq Ft:5,800 / 5,800DOM:258 / 258New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $400,000 | $400,000 | $400,000 – $400,000 | $256 / $256 | 1,565 / 1,565 | 71 / 71 | 0 | 1 |
| 2 Beds | $400,434 | $325,000 | $220,000 – $989,900 | $257 / $228 | 1,536 / 1,478 | 39 / 26 | 12 | 96 |
| 3 Beds | $453,452 | $420,000 | $265,000 – $1,600,000 | $229 / $220 | 1,998 / 1,882 | 51 / 32 | 20 | 264 |
| 4 Beds | $632,091 | $565,000 | $379,900 – $2,299,000 | $224 / $218 | 2,784 / 2,747 | 48 / 33 | 23 | 203 |
| 5 Beds | $695,099 | $640,000 | $459,900 – $1,799,990 | $216 / $213 | 3,175 / 3,082 | 60 / 42 | 3 | 38 |
| 6 Beds | $587,000 | $587,000 | $587,000 – $587,000 | $182 / $182 | 3,220 / 3,220 | 87 / 87 | 0 | 1 |
| 8 Beds | $1,249,900 | $1,249,900 | $1,249,900 – $1,249,900 | $216 / $216 | 5,800 / 5,800 | 258 / 258 | 0 | 1 |
Rental Market Overview
Median Rent
$2,200
+0.9%
Median DOM
1
0.0%
New Listings
111
Inventory
362
+2.8%
- Average Rent: $2,205
- Median Rent: $2,200
- Rent Range: $830 – $4,500
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,772 / 1,727
- Square Footage Range: 499 – 3,942
- Days on Market (Avg/Median): 22 / 1
- Days on Market Range: 1 – 332
- New Listings: 111
- Total Listings: 362
Rentals by Property Type
Apartment
$1,369
Median DOM: 173
Inventory: 23
MoM: +0.9%
Condo
$1,750
Median DOM: 41
Inventory: 5
MoM: +0.9%
Single Family
$2,310
Median DOM: 1
Inventory: 283
MoM: +0.9%
Townhouse
$1,995
Median DOM: 22
Inventory: 47
MoM: +0.9%
Apartment
Avg/Median Rent$1,416 / $1,369Range$830 – $2,800Rent per Sq Ft$2 / $2Sq Ft926 / 857DOM193 / 173New0Total23
Condo
Avg/Median Rent$1,739 / $1,750Range$1,600 – $1,895Rent per Sq Ft$1 / $1Sq Ft1,331 / 1,280DOM60 / 41New1Total5
Multi-Family
Avg/Median Rent$1,537 / $1,375Range$1,275 – $1,948Rent per Sq Ft$2 / $1Sq Ft1,028 / 840DOM39 / 40New0Total4
Single Family
Avg/Median Rent$2,325 / $2,310Range$1,545 – $4,500Rent per Sq Ft$1 / $1Sq Ft1,904 / 1,853DOM14 / 1New100Total283
Townhouse
Avg/Median Rent$1,971 / $1,995Range$1,375 – $2,950Rent per Sq Ft$1 / $1Sq Ft1,499 / 1,483DOM43 / 22New10Total47
Rentals by Bedroom Count
1 Beds
Avg:$1,366Median:$1,359Range:$1,070 – $1,695PSF:$2 / $2Sq Ft:805 / 820DOM:207 / 173New:0Total:17
2 Beds
Avg:$1,670Median:$1,645Range:$1,150 – $2,400PSF:$1 / $1Sq Ft:1,256 / 1,260DOM:33 / 13New:7Total:32
3 Beds
Avg:$2,161Median:$2,150Range:$830 – $3,140PSF:$1 / $1Sq Ft:1,659 / 1,624DOM:21 / 1New:65Total:194
4 Beds
Avg:$2,519Median:$2,435Range:$1,849 – $4,500PSF:$1 / $1Sq Ft:2,194 / 2,134DOM:17 / 1New:36Total:108
5 Beds
Avg:$2,747Median:$2,650Range:$2,525 – $3,300PSF:$1 / $1Sq Ft:2,604 / 2,522DOM:17 / 1New:3Total:11
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,366 | $1,359 | $1,070 – $1,695 | $2 / $2 | 805 / 820 | 207 / 173 | 0 | 17 |
| 2 Beds | $1,670 | $1,645 | $1,150 – $2,400 | $1 / $1 | 1,256 / 1,260 | 33 / 13 | 7 | 32 |
| 3 Beds | $2,161 | $2,150 | $830 – $3,140 | $1 / $1 | 1,659 / 1,624 | 21 / 1 | 65 | 194 |
| 4 Beds | $2,519 | $2,435 | $1,849 – $4,500 | $1 / $1 | 2,194 / 2,134 | 17 / 1 | 36 | 108 |
| 5 Beds | $2,747 | $2,650 | $2,525 – $3,300 | $1 / $1 | 2,604 / 2,522 | 17 / 1 | 3 | 11 |
6-Month Sales Trend
Dec 2025
Median Price:$449,900Median DOM:58New:133Total:611
Jan 2026
Median Price:$454,055Median DOM:59New:120Total:610
Feb 2026
Median Price:$455,000Median DOM:49New:153Total:655
Mar 2026
Median Price:$454,000Median DOM:32New:201Total:611
Apr 2026
Median Price:$469,900Median DOM:34New:178Total:636
May 2026
Median Price:$474,900Median DOM:33New:58Total:621
6-Month Rental Trend
Dec 2025
Median Rent:$2,050Median DOM:4New:168Total:367
Jan 2026
Median Rent:$2,085Median DOM:10New:140Total:382
Feb 2026
Median Rent:$2,095Median DOM:17New:128Total:351
Mar 2026
Median Rent:$2,100Median DOM:2New:161Total:352
Apr 2026
Median Rent:$2,180Median DOM:1New:153Total:352
May 2026
Median Rent:$2,200Median DOM:1New:111Total:362
Key Market Takeaways
Median sale prices moved higher 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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