ZIP 37148 Housing Market Report
Nashville Metro
Report period: May 2026
37148 Monthly Market Update – May 2026
ZIP 37148 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$335,000
0.0%
Median DOM (Sales)
40
0.0%
New Listings (Sales)
26
−71.4%
Median Rent
$1,450
−6.5%
Median DOM (Rental)
30
+36.4%
Total Rental Listings
43
−2.3%
Month-over-Month Movement
Median sale prices were flat. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Manufactured (23 DOM)
- Fastest renting: Single Family (26 DOM)
- Strongest bedroom: 8 Beds ($729,000 median)
Sales Market Overview
Median Price
$335,000
0.0%
Median DOM
40
0.0%
New Listings
26
−71.4%
Inventory
313
−0.6%
- Average Price: $394,013
- Median Price: $335,000
- Price Range: $64,900 – $2,950,000
- Price per Sq Ft (Avg/Median): $236 / $233
- Square Footage (Avg/Median): 1,796 / 1,595
- Square Footage Range: 720 – 6,632
- Days on Market (Avg/Median): 58 / 40
- Days on Market Range: 1 – 325
- New Listings: 26
- Total Listings: 313
Sales by Property Type
Land
Avg/Median Price$287,360 / $209,900Range$67,000 – $1,459,000Price per Sq Ft—Sq Ft—DOM74 / 49New6Total63
Manufactured
Avg/Median Price$227,769 / $225,000Range$64,900 – $349,900Price per Sq Ft$160 / $152Sq Ft1,458 / 1,568DOM48 / 23New2Total16
Multi-Family
Avg/Median Price$430,609 / $359,900Range$339,888 – $729,000Price per Sq Ft$210 / $200Sq Ft2,137 / 1,800DOM62 / 68New0Total10
Single Family
Avg/Median Price$434,250 / $350,000Range$129,000 – $2,950,000Price per Sq Ft$242 / $236Sq Ft1,805 / 1,562DOM54 / 39New18Total224
Sales by Bedroom Count
Studio
Avg:$567,500Median:$540,000Range:$540,000 – $595,000PSF:$265 / $199Sq Ft:2,260 / 1,800DOM:114 / 71New:0Total:2
1 Beds
Avg:$239,900Median:$239,900Range:$239,900 – $239,900PSF:$316 / $316Sq Ft:760 / 760DOM:78 / 78New:0Total:1
2 Beds
Avg:$245,980Median:$258,000Range:$64,900 – $314,000PSF:$234 / $258Sq Ft:1,067 / 1,000DOM:73 / 67New:1Total:10
3 Beds
Avg:$399,373Median:$349,900Range:$129,000 – $1,175,000PSF:$243 / $239Sq Ft:1,664 / 1,485DOM:53 / 40New:10Total:177
4 Beds
Avg:$514,282Median:$346,990Range:$225,000 – $2,950,000PSF:$215 / $192Sq Ft:2,271 / 1,935DOM:52 / 34New:7Total:55
5 Beds
Avg:$394,892Median:$420,000Range:$289,777 – $474,900PSF:$180 / $173Sq Ft:2,198 / 2,083DOM:8 / 8New:2Total:3
6 Beds
Avg:$499,500Median:$499,500Range:$499,500 – $499,500PSF:$217 / $217Sq Ft:2,300 / 2,300DOM:68 / 68New:0Total:1
8 Beds
Avg:$729,000Median:$729,000Range:$729,000 – $729,000PSF:$153 / $153Sq Ft:4,760 / 4,760DOM:51 / 51New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $567,500 | $540,000 | $540,000 – $595,000 | $265 / $199 | 2,260 / 1,800 | 114 / 71 | 0 | 2 |
| 1 Beds | $239,900 | $239,900 | $239,900 – $239,900 | $316 / $316 | 760 / 760 | 78 / 78 | 0 | 1 |
| 2 Beds | $245,980 | $258,000 | $64,900 – $314,000 | $234 / $258 | 1,067 / 1,000 | 73 / 67 | 1 | 10 |
| 3 Beds | $399,373 | $349,900 | $129,000 – $1,175,000 | $243 / $239 | 1,664 / 1,485 | 53 / 40 | 10 | 177 |
| 4 Beds | $514,282 | $346,990 | $225,000 – $2,950,000 | $215 / $192 | 2,271 / 1,935 | 52 / 34 | 7 | 55 |
| 5 Beds | $394,892 | $420,000 | $289,777 – $474,900 | $180 / $173 | 2,198 / 2,083 | 8 / 8 | 2 | 3 |
| 6 Beds | $499,500 | $499,500 | $499,500 – $499,500 | $217 / $217 | 2,300 / 2,300 | 68 / 68 | 0 | 1 |
| 8 Beds | $729,000 | $729,000 | $729,000 – $729,000 | $153 / $153 | 4,760 / 4,760 | 51 / 51 | 0 | 1 |
Rental Market Overview
Median Rent
$1,450
−6.5%
Median DOM
30
+36.4%
New Listings
2
Inventory
43
−2.3%
- Average Rent: $1,601
- Median Rent: $1,450
- Rent Range: $849 – $2,995
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,421 / 1,025
- Square Footage Range: 450 – 10,092
- Days on Market (Avg/Median): 47 / 30
- Days on Market Range: 1 – 246
- New Listings: 2
- Total Listings: 43
Rentals by Property Type
Apartment
$1,100
Median DOM: 55
Inventory: 4
MoM: −6.5%
Condo
—
Median DOM: —
Inventory: —
MoM: −6.5%
Single Family
$1,800
Median DOM: 26
Inventory: 19
MoM: −6.5%
Townhouse
$1,295
Median DOM: 33
Inventory: 5
MoM: −6.5%
Apartment
Avg/Median Rent$1,106 / $1,100Range$849 – $1,245Rent per Sq Ft$1 / $1Sq Ft831 / 850DOM47 / 55New0Total4
Manufactured
Avg/Median Rent$1,583 / $1,450Range$1,000 – $2,300Rent per Sq Ft$1 / $1Sq Ft1,477 / 1,120DOM95 / 113New0Total3
Multi-Family
Avg/Median Rent$1,384 / $1,400Range$1,229 – $1,575Rent per Sq Ft$1 / $2Sq Ft936 / 935DOM45 / 30New0Total12
Single Family
Avg/Median Rent$1,909 / $1,800Range$1,179 – $2,995Rent per Sq Ft$1 / $1Sq Ft1,922 / 1,270DOM37 / 26New1Total19
Townhouse
Avg/Median Rent$1,362 / $1,295Range$1,050 – $1,795Rent per Sq Ft$1 / $1Sq Ft1,120 / 900DOM62 / 33New1Total5
Rentals by Bedroom Count
1 Beds
Avg:$849Median:$849Range:$849 – $849PSF:$2 / $2Sq Ft:450 / 450DOM:55 / 55New:0Total:1
2 Beds
Avg:$1,345Median:$1,400Range:$1,000 – $1,800PSF:$1 / $1Sq Ft:960 / 935DOM:50 / 30New:1Total:25
3 Beds
Avg:$1,939Median:$1,820Range:$1,600 – $2,995PSF:$1 / $1Sq Ft:2,079 / 1,305DOM:34 / 16New:1Total:15
4 Beds
Avg:$2,300Median:$2,300Range:$2,300 – $2,300PSF:$1 / $1Sq Ft:2,560 / 2,560DOM:113 / 113New:0Total:1
6 Beds
Avg:$2,995Median:$2,995Range:$2,995 – $2,995PSF:$1 / $1Sq Ft:2,900 / 2,900DOM:90 / 90New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $849 | $849 | $849 – $849 | $2 / $2 | 450 / 450 | 55 / 55 | 0 | 1 |
| 2 Beds | $1,345 | $1,400 | $1,000 – $1,800 | $1 / $1 | 960 / 935 | 50 / 30 | 1 | 25 |
| 3 Beds | $1,939 | $1,820 | $1,600 – $2,995 | $1 / $1 | 2,079 / 1,305 | 34 / 16 | 1 | 15 |
| 4 Beds | $2,300 | $2,300 | $2,300 – $2,300 | $1 / $1 | 2,560 / 2,560 | 113 / 113 | 0 | 1 |
| 6 Beds | $2,995 | $2,995 | $2,995 – $2,995 | $1 / $1 | 2,900 / 2,900 | 90 / 90 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$329,000Median DOM:70New:53Total:328
Jan 2026
Median Price:$319,000Median DOM:67New:69Total:319
Feb 2026
Median Price:$319,900Median DOM:57New:56Total:305
Mar 2026
Median Price:$329,900Median DOM:39New:96Total:288
Apr 2026
Median Price:$335,000Median DOM:40New:91Total:315
May 2026
Median Price:$335,000Median DOM:40New:26Total:313
6-Month Rental Trend
Dec 2025
Median Rent:$1,600Median DOM:56New:4Total:29
Jan 2026
Median Rent:$1,795Median DOM:31New:9Total:22
Feb 2026
Median Rent:$1,795Median DOM:43New:5Total:22
Mar 2026
Median Rent:$1,600Median DOM:22New:15Total:33
Apr 2026
Median Rent:$1,550Median DOM:22New:19Total:44
May 2026
Median Rent:$1,450Median DOM:30New:2Total:43
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market were unchanged, signaling steady buyer activity. Rental pricing eased, 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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