ZIP 37153 Housing Market Report

Nashville Metro

Report period: May 2026

37153 Monthly Market Update – May 2026

ZIP 37153 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$512,580
+0.5%
Median DOM (Sales)
31
−13.9%
New Listings (Sales)
8
−70.4%
Median Rent
$2,000
−13.0%
Median DOM (Rental)
12
0.0%
Total Rental Listings
12
+9.1%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Manufactured (24 DOM)
  • Fastest renting: Single Family (6 DOM)
  • Strongest bedroom: 5 Beds ($531,070 median)

Sales Market Overview

Median Price
$512,580
+0.5%
Median DOM
31
−13.9%
New Listings
8
−70.4%
Inventory
93
0.0%
  • Average Price: $758,798
  • Median Price: $512,580
  • Price Range: $129,900 – $6,750,000
  • Price per Sq Ft (Avg/Median): $265 / $227
  • Square Footage (Avg/Median): 2,454 / 2,412
  • Square Footage Range: 1,234 – 5,181
  • Days on Market (Avg/Median): 57 / 31
  • Days on Market Range: 2 – 360
  • New Listings: 8
  • Total Listings: 93

Sales by Property Type

Land
Avg/Median Price$1,123,223 / $350,000Range$129,900 – $6,750,000Price per Sq FtSq FtDOM76 / 56New0Total13
Manufactured
Avg/Median Price$414,307 / $368,000Range$349,920 – $525,000Price per Sq Ft$259 / $260Sq Ft1,600 / 1,440DOM25 / 24New0Total3
Single Family
Avg/Median Price$742,168 / $527,840Range$355,000 – $5,700,000Price per Sq Ft$272 / $228Sq Ft2,549 / 2,416DOM54 / 29New7Total71
Townhouse
Avg/Median Price$338,233 / $339,900Range$320,000 – $349,500Price per Sq Ft$193 / $191Sq Ft1,760 / 1,779DOM76 / 47New1Total6

Sales by Bedroom Count

2 Beds
Avg:$335,980Median:$339,900Range:$320,000 – $345,000PSF:$193 / $194Sq Ft:1,746 / 1,779DOM:51 / 47New:1Total:5
3 Beds
Avg:$591,410Median:$469,608Range:$349,500 – $2,400,000PSF:$274 / $258Sq Ft:2,100 / 2,058DOM:57 / 33New:0Total:34
4 Beds
Avg:$889,650Median:$530,900Range:$429,337 – $5,700,000PSF:$278 / $210Sq Ft:2,869 / 2,603DOM:68 / 26New:4Total:28
5 Beds
Avg:$712,941Median:$531,070Range:$478,990 – $2,900,000PSF:$241 / $207Sq Ft:2,759 / 2,466DOM:18 / 17New:3Total:13

Rental Market Overview

Median Rent
$2,000
−13.0%
Median DOM
12
0.0%
New Listings
2
Inventory
12
+9.1%
  • Average Rent: $2,260
  • Median Rent: $2,000
  • Rent Range: $1,495 – $2,995
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,702 / 1,551
  • Square Footage Range: 1,300 – 2,262
  • Days on Market (Avg/Median): 26 / 12
  • Days on Market Range: 1 – 91
  • New Listings: 2
  • Total Listings: 12

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM: −13.0%
Condo
$2,290
Median DOM: 29
Inventory: 1
MoM: −13.0%
Single Family
$2,000
Median DOM: 6
Inventory: 11
MoM: −13.0%
Townhouse
Median DOM:
Inventory:
MoM: −13.0%
Condo
Avg/Median Rent$2,290 / $2,290Range$2,290 – $2,290Rent per Sq Ft$1 / $1Sq Ft1,656 / 1,656DOM29 / 29New0Total1
Single Family
Avg/Median Rent$2,258 / $2,000Range$1,495 – $2,995Rent per Sq Ft$1 / $1Sq Ft1,706 / 1,551DOM26 / 6New2Total11

Rentals by Bedroom Count

2 Beds
Avg:$1,835Median:$1,895Range:$1,495 – $2,000PSF:$1 / $1Sq Ft:1,500 / 1,461DOM:5 / 1New:1Total:4
3 Beds
Avg:$2,218Median:$2,290Range:$1,900 – $2,600PSF:$1 / $1Sq Ft:1,641 / 1,551DOM:42 / 30New:0Total:5
4 Beds
Avg:$2,898Median:$2,900Range:$2,800 – $2,995PSF:$1 / $1Sq Ft:2,072 / 2,250DOM:20 / 6New:1Total:3

6-Month Sales Trend

Dec 2025
Median Price:$479,900Median DOM:59New:21Total:80
Jan 2026
Median Price:$489,000Median DOM:46New:25Total:85
Feb 2026
Median Price:$498,280Median DOM:37New:23Total:94
Mar 2026
Median Price:$509,990Median DOM:24New:35Total:92
Apr 2026
Median Price:$509,900Median DOM:36New:27Total:93
May 2026
Median Price:$512,580Median DOM:31New:8Total:93

6-Month Rental Trend

Dec 2025
Median Rent:$2,000Median DOM:15New:7Total:8
Jan 2026
Median Rent:$2,000Median DOM:41New:2Total:8
Feb 2026
Median Rent:$2,150Median DOM:41New:2Total:7
Mar 2026
Median Rent:$2,100Median DOM:1New:7Total:9
Apr 2026
Median Rent:$2,300Median DOM:12New:7Total:11
May 2026
Median Rent:$2,000Median DOM:12New:2Total:12

Key Market Takeaways

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