ZIP 37129 Housing Market Report
Nashville Metro
Report period: August 2026
37129 Monthly Market Update – August 2026
ZIP 37129 · Last updated Aug 13, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$499,000
+0.4%
Median DOM (Sales)
33
+3.1%
New Listings (Sales)
71
−61.8%
Median Rent
$2,100
+1.4%
Median DOM (Rental)
9
+12.5%
Total Rental Listings
174
+2.4%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (31 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 6 Beds ($1,479,900 median)
Sales Market Overview
Median Price
$499,000
+0.4%
Median DOM
33
+3.1%
New Listings
71
−61.8%
Inventory
584
−3.9%
- Average Price: $574,197
- Median Price: $499,000
- Price Range: $69,000 – $7,000,000
- Price per Sq Ft (Avg/Median): $234 / $223
- Square Footage (Avg/Median): 2,328 / 2,270
- Square Footage Range: 640 – 5,430
- Days on Market (Avg/Median): 49 / 33
- Days on Market Range: 2 – 350
- New Listings: 71
- Total Listings: 584
Sales by Property Type
Condo
Avg/Median Price$435,900 / $435,900Range$435,900 – $435,900Price per Sq Ft$233 / $233Sq Ft1,874 / 1,874DOM49 / 49New0Total1
Land
Avg/Median Price$1,192,977 / $674,990Range$69,000 – $7,000,000Price per Sq Ft—Sq Ft—DOM107 / 69New1Total28
Manufactured
Avg/Median Price$305,000 / $160,000Range$160,000 – $450,000Price per Sq Ft$275 / $160Sq Ft1,076 / 1,000DOM56 / 56New0Total2
Multi-Family
Avg/Median Price$440,000 / $440,000Range$440,000 – $440,000Price per Sq Ft$259 / $259Sq Ft1,700 / 1,700DOM41 / 41New0Total1
Single Family
Avg/Median Price$583,449 / $521,246Range$250,000 – $2,700,000Price per Sq Ft$239 / $224Sq Ft2,469 / 2,385DOM47 / 31New57Total454
Townhouse
Avg/Median Price$362,816 / $330,770Range$253,000 – $579,900Price per Sq Ft$213 / $217Sq Ft1,712 / 1,624DOM51 / 39New13Total98
Sales by Bedroom Count
2 Beds
Avg:$334,379Median:$299,995Range:$160,000 – $599,999PSF:$297 / $233Sq Ft:1,243 / 1,307DOM:80 / 48New:0Total:15
3 Beds
Avg:$447,961Median:$420,424Range:$250,000 – $2,700,000PSF:$236 / $224Sq Ft:1,923 / 1,827DOM:47 / 33New:34Total:283
4 Beds
Avg:$602,005Median:$559,900Range:$285,000 – $1,499,999PSF:$226 / $222Sq Ft:2,659 / 2,626DOM:44 / 31New:24Total:181
5 Beds
Avg:$770,632Median:$664,900Range:$375,000 – $1,699,000PSF:$232 / $215Sq Ft:3,201 / 3,100DOM:49 / 30New:12Total:75
6 Beds
Avg:$1,689,450Median:$1,479,900Range:$1,479,900 – $1,899,000PSF:$323 / $291Sq Ft:5,222 / 5,079DOM:112 / 47New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $334,379 | $299,995 | $160,000 – $599,999 | $297 / $233 | 1,243 / 1,307 | 80 / 48 | 0 | 15 |
| 3 Beds | $447,961 | $420,424 | $250,000 – $2,700,000 | $236 / $224 | 1,923 / 1,827 | 47 / 33 | 34 | 283 |
| 4 Beds | $602,005 | $559,900 | $285,000 – $1,499,999 | $226 / $222 | 2,659 / 2,626 | 44 / 31 | 24 | 181 |
| 5 Beds | $770,632 | $664,900 | $375,000 – $1,699,000 | $232 / $215 | 3,201 / 3,100 | 49 / 30 | 12 | 75 |
| 6 Beds | $1,689,450 | $1,479,900 | $1,479,900 – $1,899,000 | $323 / $291 | 5,222 / 5,079 | 112 / 47 | 0 | 2 |
Rental Market Overview
Median Rent
$2,100
+1.4%
Median DOM
9
+12.5%
New Listings
46
Inventory
174
+2.4%
- Average Rent: $2,152
- Median Rent: $2,100
- Rent Range: $750 – $5,400
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,676 / 1,632
- Square Footage Range: 350 – 5,310
- Days on Market (Avg/Median): 26 / 9
- Days on Market Range: 1 – 344
- New Listings: 46
- Total Listings: 174
Rentals by Property Type
Apartment
$1,315
Median DOM: 92
Inventory: 23
MoM: +1.4%
Condo
$1,300
Median DOM: 32
Inventory: 4
MoM: +1.4%
Single Family
$2,300
Median DOM: 1
Inventory: 126
MoM: +1.4%
Townhouse
$1,999
Median DOM: 23
Inventory: 16
MoM: +1.4%
Apartment
Avg/Median Rent$1,349 / $1,315Range$865 – $2,475Rent per Sq Ft$2 / $2Sq Ft805 / 763DOM130 / 92New2Total23
Condo
Avg/Median Rent$1,442 / $1,300Range$1,275 – $1,695Rent per Sq Ft$1 / $1Sq Ft1,074 / 900DOM44 / 32New0Total4
Manufactured
Avg/Median Rent$800 / $800Range$800 – $800Rent per Sq Ft$1 / $1Sq Ft700 / 700DOM5 / 5New0Total1
Multi-Family
Avg/Median Rent$1,184 / $1,250Range$895 – $1,295Rent per Sq Ft$1 / $1Sq Ft980 / 1,160DOM62 / 30New0Total4
Single Family
Avg/Median Rent$2,379 / $2,300Range$750 – $5,400Rent per Sq Ft$1 / $1Sq Ft1,891 / 1,774DOM14 / 1New42Total126
Townhouse
Avg/Median Rent$2,028 / $1,999Range$1,050 – $2,700Rent per Sq Ft$1 / $1Sq Ft1,567 / 1,639DOM24 / 23New2Total16
Rentals by Bedroom Count
Studio
Avg:$1,496Median:$1,462Range:$1,462 – $1,529PSF:$2 / $2Sq Ft:713 / 653DOM:—New:0Total:2
1 Beds
Avg:$1,228Median:$1,199Range:$800 – $1,595PSF:$2 / $2Sq Ft:695 / 714DOM:151 / 149New:2Total:19
2 Beds
Avg:$1,577Median:$1,300Range:$1,050 – $2,500PSF:$2 / $1Sq Ft:1,074 / 939DOM:30 / 21New:0Total:13
3 Beds
Avg:$2,146Median:$2,085Range:$750 – $5,400PSF:$1 / $1Sq Ft:1,640 / 1,615DOM:15 / 4New:22Total:91
4 Beds
Avg:$2,643Median:$2,690Range:$1,995 – $3,699PSF:$1 / $1Sq Ft:2,237 / 2,273DOM:15 / 1New:20Total:45
5 Beds
Avg:$3,371Median:$2,750Range:$2,335 – $5,000PSF:$1 / $1Sq Ft:3,049 / 2,392DOM:12 / 1New:2Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,496 | $1,462 | $1,462 – $1,529 | $2 / $2 | 713 / 653 | — | 0 | 2 |
| 1 Beds | $1,228 | $1,199 | $800 – $1,595 | $2 / $2 | 695 / 714 | 151 / 149 | 2 | 19 |
| 2 Beds | $1,577 | $1,300 | $1,050 – $2,500 | $2 / $1 | 1,074 / 939 | 30 / 21 | 0 | 13 |
| 3 Beds | $2,146 | $2,085 | $750 – $5,400 | $1 / $1 | 1,640 / 1,615 | 15 / 4 | 22 | 91 |
| 4 Beds | $2,643 | $2,690 | $1,995 – $3,699 | $1 / $1 | 2,237 / 2,273 | 15 / 1 | 20 | 45 |
| 5 Beds | $3,371 | $2,750 | $2,335 – $5,000 | $1 / $1 | 3,049 / 2,392 | 12 / 1 | 2 | 4 |
6-Month Sales Trend
Mar 2026
Median Price:$489,900Median DOM:28New:220Total:574
Apr 2026
Median Price:$489,900Median DOM:30New:195Total:594
May 2026
Median Price:$494,995Median DOM:30New:222Total:619
Jun 2026
Median Price:$491,000Median DOM:32New:184Total:583
Jul 2026
Median Price:$497,000Median DOM:32New:186Total:608
Aug 2026
Median Price:$499,000Median DOM:33New:71Total:584
6-Month Rental Trend
Mar 2026
Median Rent:$2,095Median DOM:9New:70Total:179
Apr 2026
Median Rent:$2,100Median DOM:8New:80Total:187
May 2026
Median Rent:$2,135Median DOM:3New:71Total:185
Jun 2026
Median Rent:$2,150Median DOM:3New:66Total:179
Jul 2026
Median Rent:$2,070Median DOM:8New:65Total:170
Aug 2026
Median Rent:$2,100Median DOM:9New:46Total:174
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower 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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