ZIP 37148 Housing Market Report
Nashville Metro
Report period: August 2026
37148 Monthly Market Update – August 2026
ZIP 37148 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$349,900
+1.4%
Median DOM (Sales)
54
−3.6%
New Listings (Sales)
30
−55.9%
Median Rent
$1,600
0.0%
Median DOM (Rental)
77
+40.0%
Total Rental Listings
32
−8.6%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Manufactured (28 DOM)
- Fastest renting: Single Family (33 DOM)
- Strongest bedroom: Studio ($799,000 median)
Sales Market Overview
Median Price
$349,900
+1.4%
Median DOM
54
−3.6%
New Listings
30
−55.9%
Inventory
305
−1.3%
- Average Price: $407,686
- Median Price: $349,900
- Price Range: $64,900 – $1,800,000
- Price per Sq Ft (Avg/Median): $232 / $226
- Square Footage (Avg/Median): 1,919 / 1,700
- Square Footage Range: 612 – 7,080
- Days on Market (Avg/Median): 74 / 54
- Days on Market Range: 2 – 355
- New Listings: 30
- Total Listings: 305
Sales by Property Type
Land
Avg/Median Price$304,837 / $189,900Range$79,500 – $1,495,000Price per Sq Ft—Sq Ft—DOM124 / 113New2Total63
Manufactured
Avg/Median Price$229,354 / $225,000Range$64,900 – $329,999Price per Sq Ft$162 / $145Sq Ft1,459 / 1,528DOM69 / 28New0Total13
Multi-Family
Avg/Median Price$549,519 / $359,900Range$339,888 – $1,599,000Price per Sq Ft$210 / $200Sq Ft2,670 / 1,800DOM97 / 101New1Total10
Single Family
Avg/Median Price$441,382 / $376,500Range$126,000 – $1,800,000Price per Sq Ft$238 / $233Sq Ft1,912 / 1,696DOM60 / 42New27Total219
Sales by Bedroom Count
Studio
Avg:$1,299,500Median:$799,000Range:$799,000 – $1,800,000PSF:$788 / $294Sq Ft:2,062 / 1,403DOM:87 / 2New:1Total:2
1 Beds
Avg:$239,900Median:$239,900Range:$239,900 – $239,900PSF:$316 / $316Sq Ft:760 / 760DOM:170 / 170New:0Total:1
2 Beds
Avg:$239,638Median:$254,000Range:$64,900 – $445,000PSF:$221 / $224Sq Ft:1,126 / 1,096DOM:42 / 23New:1Total:12
3 Beds
Avg:$415,156Median:$376,500Range:$110,000 – $1,200,000PSF:$238 / $238Sq Ft:1,778 / 1,561DOM:62 / 43New:17Total:165
4 Beds
Avg:$486,049Median:$358,000Range:$225,000 – $1,599,900PSF:$201 / $194Sq Ft:2,376 / 1,929DOM:64 / 42New:9Total:58
5 Beds
Avg:$752,400Median:$629,900Range:$629,900 – $874,900PSF:$197 / $194Sq Ft:3,808 / 3,240DOM:22 / 20New:0Total:2
6 Beds
Avg:$499,500Median:$499,500Range:$499,500 – $499,500PSF:$217 / $217Sq Ft:2,300 / 2,300DOM:160 / 160New:0Total:1
8 Beds
Avg:$729,000Median:$729,000Range:$729,000 – $729,000PSF:$153 / $153Sq Ft:4,760 / 4,760DOM:96 / 96New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,299,500 | $799,000 | $799,000 – $1,800,000 | $788 / $294 | 2,062 / 1,403 | 87 / 2 | 1 | 2 |
| 1 Beds | $239,900 | $239,900 | $239,900 – $239,900 | $316 / $316 | 760 / 760 | 170 / 170 | 0 | 1 |
| 2 Beds | $239,638 | $254,000 | $64,900 – $445,000 | $221 / $224 | 1,126 / 1,096 | 42 / 23 | 1 | 12 |
| 3 Beds | $415,156 | $376,500 | $110,000 – $1,200,000 | $238 / $238 | 1,778 / 1,561 | 62 / 43 | 17 | 165 |
| 4 Beds | $486,049 | $358,000 | $225,000 – $1,599,900 | $201 / $194 | 2,376 / 1,929 | 64 / 42 | 9 | 58 |
| 5 Beds | $752,400 | $629,900 | $629,900 – $874,900 | $197 / $194 | 3,808 / 3,240 | 22 / 20 | 0 | 2 |
| 6 Beds | $499,500 | $499,500 | $499,500 – $499,500 | $217 / $217 | 2,300 / 2,300 | 160 / 160 | 0 | 1 |
| 8 Beds | $729,000 | $729,000 | $729,000 – $729,000 | $153 / $153 | 4,760 / 4,760 | 96 / 96 | 0 | 1 |
Rental Market Overview
Median Rent
$1,600
0.0%
Median DOM
77
+40.0%
New Listings
2
Inventory
32
−8.6%
- Average Rent: $1,636
- Median Rent: $1,600
- Rent Range: $1,195 – $2,800
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,282 / 1,050
- Square Footage Range: 800 – 2,720
- Days on Market (Avg/Median): 69 / 77
- Days on Market Range: 1 – 237
- New Listings: 2
- Total Listings: 32
Rentals by Property Type
Apartment
$1,199
Median DOM: 108
Inventory: 1
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$1,890
Median DOM: 33
Inventory: 17
MoM: 0.0%
Townhouse
$1,195
Median DOM: 62
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$1,199 / $1,199Range$1,199 – $1,199Rent per Sq Ft$1 / $1Sq Ft1,025 / 1,025DOM108 / 108New0Total1
Multi-Family
Avg/Median Rent$1,283 / $1,200Range$1,200 – $1,900Rent per Sq Ft$1 / $1Sq Ft1,062 / 935DOM97 / 89New0Total13
Single Family
Avg/Median Rent$1,958 / $1,890Range$1,200 – $2,800Rent per Sq Ft$1 / $1Sq Ft1,487 / 1,300DOM45 / 33New2Total17
Townhouse
Avg/Median Rent$1,195 / $1,195Range$1,195 – $1,195Rent per Sq Ft$1 / $1Sq Ft900 / 900DOM62 / 62New0Total1
Rentals by Bedroom Count
2 Beds
Avg:$1,307Median:$1,200Range:$1,195 – $1,800PSF:$1 / $1Sq Ft:972 / 935DOM:91 / 89New:0Total:18
3 Beds
Avg:$1,990Median:$1,900Range:$1,600 – $2,800PSF:$1 / $2Sq Ft:1,621 / 1,300DOM:49 / 35New:0Total:11
4 Beds
Avg:$2,315Median:$2,350Range:$2,200 – $2,395PSF:$1 / $1Sq Ft:1,900 / 1,990DOM:8 / 1New:2Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $1,307 | $1,200 | $1,195 – $1,800 | $1 / $1 | 972 / 935 | 91 / 89 | 0 | 18 |
| 3 Beds | $1,990 | $1,900 | $1,600 – $2,800 | $1 / $2 | 1,621 / 1,300 | 49 / 35 | 0 | 11 |
| 4 Beds | $2,315 | $2,350 | $2,200 – $2,395 | $1 / $1 | 1,900 / 1,990 | 8 / 1 | 2 | 3 |
6-Month Sales Trend
Mar 2026
Median Price:$329,900Median DOM:39New:96Total:288
Apr 2026
Median Price:$335,000Median DOM:40New:91Total:315
May 2026
Median Price:$340,000Median DOM:40New:82Total:330
Jun 2026
Median Price:$344,990Median DOM:47New:67Total:322
Jul 2026
Median Price:$344,999Median DOM:56New:68Total:309
Aug 2026
Median Price:$349,900Median DOM:54New:30Total:305
6-Month Rental Trend
Mar 2026
Median Rent:$1,600Median DOM:22New:15Total:33
Apr 2026
Median Rent:$1,550Median DOM:22New:19Total:44
May 2026
Median Rent:$1,400Median DOM:49New:4Total:37
Jun 2026
Median Rent:$1,229Median DOM:63New:6Total:35
Jul 2026
Median Rent:$1,600Median DOM:55New:7Total:35
Aug 2026
Median Rent:$1,600Median DOM:77New:2Total:32
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. 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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