ZIP 37128 Housing Market Report
Nashville Metro
Report period: August 2026
37128 Monthly Market Update – August 2026
ZIP 37128 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$465,000
+1.3%
Median DOM (Sales)
40
−4.8%
New Listings (Sales)
80
−52.9%
Median Rent
$2,135
−0.5%
Median DOM (Rental)
1
0.0%
Total Rental Listings
375
+2.5%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Manufactured (5 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 5 Beds ($590,000 median)
Sales Market Overview
Median Price
$465,000
+1.3%
Median DOM
40
−4.8%
New Listings
80
−52.9%
Inventory
653
+0.2%
- Average Price: $522,880
- Median Price: $465,000
- Price Range: $50,000 – $5,060,000
- Price per Sq Ft (Avg/Median): $226 / $217
- Square Footage (Avg/Median): 2,272 / 2,210
- Square Footage Range: 858 – 4,702
- Days on Market (Avg/Median): 55 / 40
- Days on Market Range: 2 – 355
- New Listings: 80
- Total Listings: 653
Sales by Property Type
Condo
Avg/Median Price$348,450 / $334,900Range$334,900 – $362,000Price per Sq Ft$208 / $207Sq Ft1,673 / 1,600DOM50 / 47New0Total2
Land
Avg/Median Price$887,594 / $274,900Range$50,000 – $5,060,000Price per Sq Ft—Sq Ft—DOM147 / 119New1Total17
Manufactured
Avg/Median Price$1,049,000 / $1,049,000Range$1,049,000 – $1,049,000Price per Sq Ft$311 / $311Sq Ft3,375 / 3,375DOM5 / 5New1Total1
Single Family
Avg/Median Price$572,370 / $518,000Range$249,900 – $2,199,000Price per Sq Ft$234 / $221Sq Ft2,474 / 2,454DOM48 / 34New62Total451
Townhouse
Avg/Median Price$365,200 / $349,999Range$240,000 – $799,900Price per Sq Ft$208 / $207Sq Ft1,774 / 1,672DOM67 / 60New16Total182
Sales by Bedroom Count
2 Beds
Avg:$362,362Median:$312,000Range:$240,000 – $799,970PSF:$247 / $220Sq Ft:1,463 / 1,470DOM:59 / 53New:6Total:79
3 Beds
Avg:$448,999Median:$419,900Range:$254,900 – $2,199,000PSF:$226 / $219Sq Ft:1,994 / 1,925DOM:57 / 41New:29Total:268
4 Beds
Avg:$606,227Median:$539,900Range:$340,000 – $1,750,000PSF:$224 / $218Sq Ft:2,672 / 2,638DOM:50 / 35New:36Total:236
5 Beds
Avg:$647,611Median:$590,000Range:$460,000 – $1,699,990PSF:$206 / $196Sq Ft:3,106 / 3,010DOM:43 / 32New:8Total:53
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $362,362 | $312,000 | $240,000 – $799,970 | $247 / $220 | 1,463 / 1,470 | 59 / 53 | 6 | 79 |
| 3 Beds | $448,999 | $419,900 | $254,900 – $2,199,000 | $226 / $219 | 1,994 / 1,925 | 57 / 41 | 29 | 268 |
| 4 Beds | $606,227 | $539,900 | $340,000 – $1,750,000 | $224 / $218 | 2,672 / 2,638 | 50 / 35 | 36 | 236 |
| 5 Beds | $647,611 | $590,000 | $460,000 – $1,699,990 | $206 / $196 | 3,106 / 3,010 | 43 / 32 | 8 | 53 |
Rental Market Overview
Median Rent
$2,135
−0.5%
Median DOM
1
0.0%
New Listings
111
Inventory
375
+2.5%
- Average Rent: $2,140
- Median Rent: $2,135
- Rent Range: $1,095 – $4,500
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,711 / 1,635
- Square Footage Range: 625 – 3,926
- Days on Market (Avg/Median): 20 / 1
- Days on Market Range: 1 – 265
- New Listings: 111
- Total Listings: 375
Rentals by Property Type
Apartment
$1,403
Median DOM: 32
Inventory: 26
MoM: −0.5%
Condo
$1,700
Median DOM: 27
Inventory: 6
MoM: −0.5%
Single Family
$2,250
Median DOM: 1
Inventory: 277
MoM: −0.5%
Townhouse
$1,869
Median DOM: 21
Inventory: 63
MoM: −0.5%
Apartment
Avg/Median Rent$1,413 / $1,403Range$1,095 – $1,895Rent per Sq Ft$2 / $2Sq Ft958 / 867DOM92 / 32New0Total26
Condo
Avg/Median Rent$1,841 / $1,700Range$1,650 – $2,500Rent per Sq Ft$1 / $1Sq Ft1,498 / 1,431DOM33 / 27New0Total6
Multi-Family
Avg/Median Rent$1,457 / $1,450Range$1,370 – $1,550Rent per Sq Ft$1 / $1Sq Ft1,113 / 1,048DOM75 / 58New0Total3
Single Family
Avg/Median Rent$2,273 / $2,250Range$1,400 – $4,500Rent per Sq Ft$1 / $1Sq Ft1,849 / 1,790DOM14 / 1New96Total277
Townhouse
Avg/Median Rent$1,918 / $1,869Range$1,495 – $2,350Rent per Sq Ft$1 / $1Sq Ft1,462 / 1,430DOM28 / 21New15Total63
Rentals by Bedroom Count
1 Beds
Avg:$1,376Median:$1,399Range:$1,149 – $1,595PSF:$2 / $2Sq Ft:796 / 840DOM:191 / 223New:0Total:17
2 Beds
Avg:$1,734Median:$1,679Range:$1,095 – $4,500PSF:$1 / $1Sq Ft:1,311 / 1,280DOM:23 / 13New:13Total:53
3 Beds
Avg:$2,116Median:$2,080Range:$1,295 – $3,100PSF:$1 / $1Sq Ft:1,638 / 1,535DOM:19 / 1New:64Total:202
4 Beds
Avg:$2,511Median:$2,480Range:$1,500 – $3,290PSF:$1 / $1Sq Ft:2,193 / 2,178DOM:12 / 1New:31Total:93
5 Beds
Avg:$2,640Median:$2,660Range:$2,220 – $3,200PSF:$1 / $1Sq Ft:2,367 / 2,361DOM:6 / 1New:3Total:10
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,376 | $1,399 | $1,149 – $1,595 | $2 / $2 | 796 / 840 | 191 / 223 | 0 | 17 |
| 2 Beds | $1,734 | $1,679 | $1,095 – $4,500 | $1 / $1 | 1,311 / 1,280 | 23 / 13 | 13 | 53 |
| 3 Beds | $2,116 | $2,080 | $1,295 – $3,100 | $1 / $1 | 1,638 / 1,535 | 19 / 1 | 64 | 202 |
| 4 Beds | $2,511 | $2,480 | $1,500 – $3,290 | $1 / $1 | 2,193 / 2,178 | 12 / 1 | 31 | 93 |
| 5 Beds | $2,640 | $2,660 | $2,220 – $3,200 | $1 / $1 | 2,367 / 2,361 | 6 / 1 | 3 | 10 |
6-Month Sales Trend
Mar 2026
Median Price:$454,000Median DOM:32New:201Total:611
Apr 2026
Median Price:$469,900Median DOM:34New:178Total:636
May 2026
Median Price:$460,000Median DOM:35New:168Total:625
Jun 2026
Median Price:$460,000Median DOM:35New:192Total:646
Jul 2026
Median Price:$459,000Median DOM:42New:170Total:652
Aug 2026
Median Price:$465,000Median DOM:40New:80Total:653
6-Month Rental Trend
Mar 2026
Median Rent:$2,100Median DOM:2New:161Total:352
Apr 2026
Median Rent:$2,180Median DOM:1New:153Total:352
May 2026
Median Rent:$2,240Median DOM:1New:179Total:364
Jun 2026
Median Rent:$2,199Median DOM:1New:181Total:369
Jul 2026
Median Rent:$2,145Median DOM:1New:181Total:366
Aug 2026
Median Rent:$2,135Median DOM:1New:111Total:375
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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