ZIP 37128 Housing Market Report
Nashville Metro
Report period: March 2026
37128 Monthly Market Update – March 2026
ZIP 37128 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$459,900
+1.1%
Median DOM (Sales)
39
−20.4%
New Listings (Sales)
68
−55.6%
Median Rent
$2,095
0.0%
Median DOM (Rental)
9
−47.1%
Total Rental Listings
365
+4.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (38 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 8 Beds ($1,249,900 median)
Sales Market Overview
Median Price
$459,900
+1.1%
Median DOM
39
−20.4%
New Listings
68
−55.6%
Inventory
632
−3.5%
- Average Price: $537,533
- Median Price: $459,900
- Price Range: $224,900 – $8,950,000
- Price per Sq Ft (Avg/Median): $236 / $223
- Square Footage (Avg/Median): 2,200 / 2,112
- Square Footage Range: 888 – 5,800
- Days on Market (Avg/Median): 63 / 39
- Days on Market Range: 1 – 365
- New Listings: 68
- Total Listings: 632
Sales by Property Type
Condo
Avg/Median Price$297,000 / $245,000Range$245,000 – $349,000Price per Sq Ft$208 / $200Sq Ft1,441 / 1,136DOM127 / 127New0Total2
Land
Avg/Median Price$1,399,714 / $249,999Range$224,900 – $8,950,000Price per Sq Ft—Sq Ft—DOM213 / 198New0Total17
Single Family
Avg/Median Price$568,700 / $514,900Range$270,000 – $2,299,000Price per Sq Ft$246 / $232Sq Ft2,363 / 2,294DOM59 / 39New48Total448
Townhouse
Avg/Median Price$366,995 / $361,487Range$239,900 – $749,000Price per Sq Ft$209 / $210Sq Ft1,768 / 1,684DOM63 / 38New20Total165
Sales by Bedroom Count
1 Beds
Avg:$420,000Median:$420,000Range:$420,000 – $420,000PSF:$268 / $268Sq Ft:1,565 / 1,565DOM:10 / 10New:1Total:1
2 Beds
Avg:$431,194Median:$349,900Range:$239,900 – $971,850PSF:$269 / $228Sq Ft:1,574 / 1,517DOM:56 / 35New:15Total:105
3 Beds
Avg:$450,541Median:$419,900Range:$268,000 – $1,700,000PSF:$234 / $223Sq Ft:1,947 / 1,860DOM:61 / 39New:31Total:290
4 Beds
Avg:$620,697Median:$560,000Range:$299,999 – $2,299,000PSF:$223 / $220Sq Ft:2,747 / 2,715DOM:59 / 40New:16Total:181
5 Beds
Avg:$705,235Median:$663,900Range:$405,000 – $1,879,990PSF:$218 / $212Sq Ft:3,205 / 3,142DOM:73 / 42New:5Total:36
6 Beds
Avg:$589,000Median:$589,000Range:$589,000 – $589,000PSF:$183 / $183Sq Ft:3,220 / 3,220DOM:26 / 26New:0Total:1
8 Beds
Avg:$1,249,900Median:$1,249,900Range:$1,249,900 – $1,249,900PSF:$216 / $216Sq Ft:5,800 / 5,800DOM:244 / 244New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $420,000 | $420,000 | $420,000 – $420,000 | $268 / $268 | 1,565 / 1,565 | 10 / 10 | 1 | 1 |
| 2 Beds | $431,194 | $349,900 | $239,900 – $971,850 | $269 / $228 | 1,574 / 1,517 | 56 / 35 | 15 | 105 |
| 3 Beds | $450,541 | $419,900 | $268,000 – $1,700,000 | $234 / $223 | 1,947 / 1,860 | 61 / 39 | 31 | 290 |
| 4 Beds | $620,697 | $560,000 | $299,999 – $2,299,000 | $223 / $220 | 2,747 / 2,715 | 59 / 40 | 16 | 181 |
| 5 Beds | $705,235 | $663,900 | $405,000 – $1,879,990 | $218 / $212 | 3,205 / 3,142 | 73 / 42 | 5 | 36 |
| 6 Beds | $589,000 | $589,000 | $589,000 – $589,000 | $183 / $183 | 3,220 / 3,220 | 26 / 26 | 0 | 1 |
| 8 Beds | $1,249,900 | $1,249,900 | $1,249,900 – $1,249,900 | $216 / $216 | 5,800 / 5,800 | 244 / 244 | 0 | 1 |
Rental Market Overview
Median Rent
$2,095
0.0%
Median DOM
9
−47.1%
New Listings
105
Inventory
365
+4.0%
- Average Rent: $2,095
- Median Rent: $2,095
- Rent Range: $900 – $3,500
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,735 / 1,680
- Square Footage Range: 625 – 3,800
- Days on Market (Avg/Median): 38 / 9
- Days on Market Range: 1 – 337
- New Listings: 105
- Total Listings: 365
Rentals by Property Type
Apartment
$1,350
Median DOM: 112
Inventory: 24
MoM: 0.0%
Condo
$1,650
Median DOM: 112
Inventory: 8
MoM: 0.0%
Single Family
$2,199
Median DOM: 1
Inventory: 263
MoM: 0.0%
Townhouse
$1,875
Median DOM: 31
Inventory: 66
MoM: 0.0%
Apartment
Avg/Median Rent$1,445 / $1,350Range$1,070 – $2,800Rent per Sq Ft$2 / $2Sq Ft947 / 866DOM148 / 112New0Total24
Condo
Avg/Median Rent$1,768 / $1,650Range$1,575 – $2,099Rent per Sq Ft$1 / $1Sq Ft1,396 / 1,355DOM121 / 112New0Total8
Multi-Family
Avg/Median Rent$1,506 / $1,350Range$1,250 – $2,049Rent per Sq Ft$1 / $1Sq Ft1,102 / 881DOM28 / 10New1Total4
Single Family
Avg/Median Rent$2,205 / $2,199Range$900 – $3,500Rent per Sq Ft$1 / $1Sq Ft1,865 / 1,823DOM30 / 1New90Total263
Townhouse
Avg/Median Rent$1,970 / $1,875Range$1,375 – $3,100Rent per Sq Ft$1 / $1Sq Ft1,581 / 1,496DOM45 / 31New14Total66
Rentals by Bedroom Count
1 Beds
Avg:$1,362Median:$1,329Range:$1,070 – $1,670PSF:$2 / $2Sq Ft:822 / 810DOM:153 / 112New:0Total:18
2 Beds
Avg:$1,634Median:$1,600Range:$900 – $2,400PSF:$1 / $1Sq Ft:1,261 / 1,260DOM:39 / 15New:14Total:50
3 Beds
Avg:$2,108Median:$2,080Range:$1,595 – $3,140PSF:$1 / $1Sq Ft:1,695 / 1,644DOM:36 / 6New:60Total:200
4 Beds
Avg:$2,412Median:$2,370Range:$1,100 – $3,500PSF:$1 / $1Sq Ft:2,178 / 2,128DOM:35 / 2New:30Total:89
5 Beds
Avg:$2,774Median:$2,642Range:$2,410 – $3,425PSF:$1 / $1Sq Ft:2,698 / 2,470DOM:73 / 38New:1Total:8
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,362 | $1,329 | $1,070 – $1,670 | $2 / $2 | 822 / 810 | 153 / 112 | 0 | 18 |
| 2 Beds | $1,634 | $1,600 | $900 – $2,400 | $1 / $1 | 1,261 / 1,260 | 39 / 15 | 14 | 50 |
| 3 Beds | $2,108 | $2,080 | $1,595 – $3,140 | $1 / $1 | 1,695 / 1,644 | 36 / 6 | 60 | 200 |
| 4 Beds | $2,412 | $2,370 | $1,100 – $3,500 | $1 / $1 | 2,178 / 2,128 | 35 / 2 | 30 | 89 |
| 5 Beds | $2,774 | $2,642 | $2,410 – $3,425 | $1 / $1 | 2,698 / 2,470 | 73 / 38 | 1 | 8 |
6-Month Sales Trend
Oct 2025
Median Price:$449,999Median DOM:51New:148Total:683
Nov 2025
Median Price:$439,999Median DOM:60New:107Total:652
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:$459,900Median DOM:39New:68Total:632
6-Month Rental Trend
Oct 2025
Median Rent:$2,125Median DOM:6New:171Total:387
Nov 2025
Median Rent:$2,045Median DOM:8New:175Total:367
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:$2,095Median DOM:9New:105Total:365
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 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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