ZIP 37129 Housing Market Report

Nashville Metro

Report period: May 2026

37129 Monthly Market Update – May 2026

ZIP 37129 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$485,000
−1.0%
Median DOM (Sales)
30
0.0%
New Listings (Sales)
63
−67.7%
Median Rent
$2,140
+1.9%
Median DOM (Rental)
1
−87.5%
Total Rental Listings
186
−0.5%

Month-over-Month Movement

Median sale prices eased compared to last month. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Multi-Family (13 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 6 Beds ($874,900 median)

Sales Market Overview

Median Price
$485,000
−1.0%
Median DOM
30
0.0%
New Listings
63
−67.7%
Inventory
591
−0.5%
  • Average Price: $551,726
  • Median Price: $485,000
  • Price Range: $89,000 – $7,900,000
  • Price per Sq Ft (Avg/Median): $233 / $223
  • Square Footage (Avg/Median): 2,285 / 2,217
  • Square Footage Range: 640 – 5,430
  • Days on Market (Avg/Median): 51 / 30
  • Days on Market Range: 1 – 352
  • New Listings: 63
  • Total Listings: 591

Sales by Property Type

Land
Avg/Median Price$1,080,750 / $525,000Range$89,000 – $7,900,000Price per Sq FtSq FtDOM122 / 92New0Total27
Manufactured
Avg/Median Price$169,000 / $169,000Range$169,000 – $169,000Price per Sq Ft$169 / $169Sq Ft1,000 / 1,000DOM277 / 277New0Total1
Multi-Family
Avg/Median Price$462,000 / $285,000Range$285,000 – $639,000Price per Sq Ft$167 / $148Sq Ft2,674 / 1,926DOM73 / 13New0Total2
Single Family
Avg/Median Price$566,267 / $519,730Range$164,890 – $1,900,000Price per Sq Ft$238 / $225Sq Ft2,420 / 2,375DOM46 / 31New44Total446
Townhouse
Avg/Median Price$376,016 / $349,999Range$280,000 – $590,000Price per Sq Ft$216 / $212Sq Ft1,763 / 1,677DOM57 / 23New19Total115

Sales by Bedroom Count

2 Beds
Avg:$348,941Median:$329,900Range:$164,890 – $734,900PSF:$288 / $258Sq Ft:1,309 / 1,453DOM:59 / 39New:1Total:32
3 Beds
Avg:$431,423Median:$409,999Range:$255,000 – $1,399,000PSF:$232 / $225Sq Ft:1,897 / 1,804DOM:49 / 27New:39Total:290
4 Beds
Avg:$592,803Median:$543,756Range:$285,000 – $1,499,999PSF:$221 / $219Sq Ft:2,680 / 2,584DOM:45 / 33New:13Total:175
5 Beds
Avg:$841,824Median:$749,900Range:$409,999 – $1,900,000PSF:$243 / $225Sq Ft:3,359 / 3,240DOM:49 / 27New:10Total:64
6 Beds
Avg:$997,933Median:$874,900Range:$639,000 – $1,479,900PSF:$230 / $211Sq Ft:4,214 / 4,140DOM:89 / 84New:0Total:3

Rental Market Overview

Median Rent
$2,140
+1.9%
Median DOM
1
−87.5%
New Listings
47
Inventory
186
−0.5%
  • Average Rent: $2,183
  • Median Rent: $2,140
  • Rent Range: $650 – $6,000
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,656 / 1,615
  • Square Footage Range: 350 – 3,306
  • Days on Market (Avg/Median): 32 / 1
  • Days on Market Range: 1 – 365
  • New Listings: 47
  • Total Listings: 186

Rentals by Property Type

Apartment
$1,225
Median DOM: 84
Inventory: 19
MoM: +1.9%
Condo
$1,200
Median DOM: 14
Inventory: 2
MoM: +1.9%
Single Family
$2,175
Median DOM: 1
Inventory: 142
MoM: +1.9%
Townhouse
$2,100
Median DOM: 29
Inventory: 16
MoM: +1.9%
Apartment
Avg/Median Rent$1,286 / $1,225Range$650 – $2,475Rent per Sq Ft$2 / $2Sq Ft741 / 714DOM121 / 84New0Total19
Condo
Avg/Median Rent$1,598 / $1,200Range$1,200 – $1,995Rent per Sq Ft$1 / $1Sq Ft1,144 / 800DOM101 / 14New0Total2
Multi-Family
Avg/Median Rent$1,548 / $1,250Range$900 – $2,499Rent per Sq Ft$1 / $1Sq Ft1,143 / 990DOM54 / 26New0Total7
Single Family
Avg/Median Rent$2,350 / $2,175Range$1,200 – $6,000Rent per Sq Ft$1 / $1Sq Ft1,809 / 1,712DOM21 / 1New44Total142
Townhouse
Avg/Median Rent$2,114 / $2,100Range$1,350 – $2,700Rent per Sq Ft$1 / $1Sq Ft1,560 / 1,604DOM45 / 29New3Total16

Rentals by Bedroom Count

Studio
Avg:$1,458Median:$1,387Range:$1,387 – $1,529PSF:$2 / $2Sq Ft:713 / 653DOM:363 / 363New:0Total:2
1 Beds
Avg:$1,186Median:$1,185Range:$650 – $1,600PSF:$2 / $2Sq Ft:667 / 643DOM:143 / 111New:0Total:18
2 Beds
Avg:$1,651Median:$1,625Range:$995 – $2,500PSF:$2 / $1Sq Ft:1,106 / 990DOM:33 / 14New:4Total:15
3 Beds
Avg:$2,164Median:$2,100Range:$1,195 – $6,000PSF:$1 / $1Sq Ft:1,613 / 1,594DOM:22 / 1New:27Total:101
4 Beds
Avg:$2,641Median:$2,649Range:$2,000 – $3,995PSF:$1 / $1Sq Ft:2,189 / 2,245DOM:16 / 1New:15Total:39
5 Beds
Avg:$3,215Median:$2,825Range:$2,395 – $6,000PSF:$1 / $1Sq Ft:2,518 / 2,513DOM:23 / 1New:1Total:11

6-Month Sales Trend

Dec 2025
Median Price:$489,000Median DOM:53New:127Total:565
Jan 2026
Median Price:$499,900Median DOM:53New:162Total:609
Feb 2026
Median Price:$496,000Median DOM:39New:168Total:639
Mar 2026
Median Price:$489,900Median DOM:28New:220Total:574
Apr 2026
Median Price:$489,900Median DOM:30New:195Total:594
May 2026
Median Price:$485,000Median DOM:30New:63Total:591

6-Month Rental Trend

Dec 2025
Median Rent:$1,995Median DOM:20New:72Total:185
Jan 2026
Median Rent:$1,995Median DOM:16New:68Total:182
Feb 2026
Median Rent:$1,995Median DOM:21New:50Total:171
Mar 2026
Median Rent:$2,095Median DOM:9New:70Total:179
Apr 2026
Median Rent:$2,100Median DOM:8New:80Total:187
May 2026
Median Rent:$2,140Median DOM:1New:47Total:186

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market were unchanged, signaling steady 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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