ZIP 37135 Housing Market Report

Nashville Metro

Report period: May 2026

37135 Monthly Market Update – May 2026

ZIP 37135 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$799,000
−3.2%
Median DOM (Sales)
30
−9.1%
New Listings (Sales)
38
−61.2%
Median Rent
$2,950
0.0%
Median DOM (Rental)
27
+22.7%
Total Rental Listings
38
−9.5%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Townhouse (25 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 6 Beds ($1,899,000 median)

Sales Market Overview

Median Price
$799,000
−3.2%
Median DOM
30
−9.1%
New Listings
38
−61.2%
Inventory
325
+3.2%
  • Average Price: $947,764
  • Median Price: $799,000
  • Price Range: $129,000 – $7,249,990
  • Price per Sq Ft (Avg/Median): $313 / $290
  • Square Footage (Avg/Median): 2,837 / 2,742
  • Square Footage Range: 1,085 – 7,215
  • Days on Market (Avg/Median): 49 / 30
  • Days on Market Range: 2 – 356
  • New Listings: 38
  • Total Listings: 325

Sales by Property Type

Condo
Avg/Median Price$312,500 / $314,900Range$279,900 – $359,900Price per Sq Ft$266 / $259Sq Ft1,177 / 1,156DOM57 / 27New1Total18
Land
Avg/Median Price$1,362,253 / $899,900Range$129,000 – $3,400,000Price per Sq FtSq FtDOM144 / 118New1Total19
Single Family
Avg/Median Price$1,068,584 / $895,000Range$369,900 – $7,249,990Price per Sq Ft$331 / $305Sq Ft3,174 / 3,044DOM46 / 34New32Total239
Townhouse
Avg/Median Price$431,098 / $429,900Range$330,000 – $649,000Price per Sq Ft$243 / $232Sq Ft1,804 / 1,848DOM41 / 25New4Total49

Sales by Bedroom Count

2 Beds
Avg:$388,103Median:$345,000Range:$279,900 – $1,185,000PSF:$284 / $261Sq Ft:1,370 / 1,300DOM:50 / 25New:2Total:37
3 Beds
Avg:$675,896Median:$539,900Range:$350,000 – $3,250,000PSF:$315 / $286Sq Ft:2,083 / 1,969DOM:42 / 25New:10Total:87
4 Beds
Avg:$986,673Median:$859,000Range:$385,000 – $7,249,990PSF:$311 / $290Sq Ft:3,064 / 3,007DOM:45 / 29New:19Total:122
5 Beds
Avg:$1,438,920Median:$1,300,000Range:$649,900 – $2,899,999PSF:$329 / $311Sq Ft:4,279 / 4,247DOM:49 / 36New:5Total:56
6 Beds
Avg:$2,005,975Median:$1,899,000Range:$949,900 – $2,999,999PSF:$340 / $368Sq Ft:5,712 / 5,154DOM:67 / 46New:1Total:4

Rental Market Overview

Median Rent
$2,950
0.0%
Median DOM
27
+22.7%
New Listings
4
Inventory
38
−9.5%
  • Average Rent: $3,271
  • Median Rent: $2,950
  • Rent Range: $1,050 – $8,500
  • Rent per Sq Ft (Avg/Median): $2 / $1
  • Square Footage (Avg/Median): 2,210 / 2,045
  • Square Footage Range: 721 – 5,621
  • Days on Market (Avg/Median): 40 / 27
  • Days on Market Range: 1 – 146
  • New Listings: 4
  • Total Listings: 38

Rentals by Property Type

Apartment
$2,895
Median DOM: 61
Inventory: 6
MoM: 0.0%
Condo
$1,725
Median DOM: 1
Inventory: 1
MoM: 0.0%
Single Family
$3,140
Median DOM: 17
Inventory: 24
MoM: 0.0%
Townhouse
$2,300
Median DOM: 28
Inventory: 7
MoM: 0.0%
Apartment
Avg/Median Rent$2,896 / $2,895Range$2,095 – $3,500Rent per Sq Ft$3 / $3Sq Ft1,096 / 949DOM70 / 61New0Total6
Condo
Avg/Median Rent$1,725 / $1,725Range$1,725 – $1,725Rent per Sq FtSq FtDOM1 / 1New1Total1
Single Family
Avg/Median Rent$3,639 / $3,140Range$1,050 – $8,500Rent per Sq Ft$1 / $1Sq Ft2,611 / 2,599DOM35 / 17New3Total24
Townhouse
Avg/Median Rent$2,550 / $2,300Range$2,200 – $3,500Rent per Sq Ft$1 / $1Sq Ft1,845 / 1,864DOM36 / 28New0Total7

Rentals by Bedroom Count

1 Beds
Avg:$2,080Median:$2,095Range:$1,050 – $3,095PSF:$2 / $2Sq Ft:1,107 / 721DOM:37 / 32New:0Total:3
2 Beds
Avg:$2,782Median:$2,895Range:$1,725 – $3,500PSF:$3 / $3Sq Ft:1,091 / 949DOM:69 / 72New:1Total:5
3 Beds
Avg:$2,766Median:$2,750Range:$1,995 – $3,700PSF:$1 / $1Sq Ft:1,949 / 1,910DOM:33 / 17New:1Total:15
4 Beds
Avg:$4,024Median:$2,999Range:$2,729 – $8,500PSF:$2 / $1Sq Ft:2,658 / 2,639DOM:36 / 25New:2Total:9
5 Beds
Avg:$4,310Median:$3,549Range:$3,140 – $6,950PSF:$2 / $1Sq Ft:2,885 / 2,936DOM:22 / 2New:0Total:4
6 Beds
Avg:$5,995Median:$5,995Range:$5,995 – $5,995PSF:$1 / $1Sq Ft:5,621 / 5,621DOM:121 / 121New:0Total:1
8 Beds
Avg:$3,200Median:$3,200Range:$3,200 – $3,200PSF:$1 / $1Sq Ft:2,661 / 2,661DOM:31 / 31New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$784,990Median DOM:60New:43Total:310
Jan 2026
Median Price:$814,990Median DOM:59New:93Total:306
Feb 2026
Median Price:$844,900Median DOM:46New:78Total:310
Mar 2026
Median Price:$830,000Median DOM:32New:114Total:307
Apr 2026
Median Price:$824,990Median DOM:33New:98Total:315
May 2026
Median Price:$799,000Median DOM:30New:38Total:325

6-Month Rental Trend

Dec 2025
Median Rent:$2,699Median DOM:44New:9Total:44
Jan 2026
Median Rent:$2,850Median DOM:44New:12Total:43
Feb 2026
Median Rent:$2,750Median DOM:39New:11Total:41
Mar 2026
Median Rent:$2,900Median DOM:30New:14Total:37
Apr 2026
Median Rent:$2,950Median DOM:22New:11Total:42
May 2026
Median Rent:$2,950Median DOM:27New:4Total:38

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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