ZIP 37172 Housing Market Report
Nashville Metro
Report period: August 2026
37172 Monthly Market Update – August 2026
ZIP 37172 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$379,000
+0.4%
Median DOM (Sales)
50
−2.0%
New Listings (Sales)
25
−60.9%
Median Rent
$1,600
0.0%
Median DOM (Rental)
28
+12.0%
Total Rental Listings
70
0.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents were stable.
What's Moving Fastest
- Fastest selling: Townhouse (17 DOM)
- Fastest renting: Single Family (6 DOM)
- Strongest bedroom: 1 Beds ($1,350,000 median)
Sales Market Overview
Median Price
$379,000
+0.4%
Median DOM
50
−2.0%
New Listings
25
−60.9%
Inventory
295
−3.6%
- Average Price: $504,584
- Median Price: $379,000
- Price Range: $55,000 – $7,500,000
- Price per Sq Ft (Avg/Median): $244 / $223
- Square Footage (Avg/Median): 2,045 / 1,800
- Square Footage Range: 615 – 6,153
- Days on Market (Avg/Median): 74 / 50
- Days on Market Range: 2 – 336
- New Listings: 25
- Total Listings: 295
Sales by Property Type
Condo
Avg/Median Price$205,950 / $196,900Range$196,900 – $215,000Price per Sq Ft$208 / $208Sq Ft990 / 943DOM99 / 48New0Total2
Land
Avg/Median Price$646,982 / $259,000Range$60,500 – $7,500,000Price per Sq Ft—Sq Ft—DOM109 / 81New0Total50
Manufactured
Avg/Median Price$271,600 / $249,900Range$215,000 – $349,900Price per Sq Ft$194 / $193Sq Ft1,469 / 1,296DOM45 / 55New0Total3
Multi-Family
Avg/Median Price$255,667 / $275,000Range$147,000 – $345,000Price per Sq Ft$146 / $123Sq Ft1,794 / 1,690DOM68 / 43New0Total3
Single Family
Avg/Median Price$492,441 / $399,900Range$55,000 – $1,495,000Price per Sq Ft$250 / $229Sq Ft2,084 / 1,821DOM71 / 43New22Total219
Townhouse
Avg/Median Price$370,263 / $384,990Range$289,900 – $400,000Price per Sq Ft$204 / $193Sq Ft1,833 / 1,760DOM30 / 17New3Total18
Sales by Bedroom Count
Studio
Avg:$152,500Median:$55,000Range:$55,000 – $250,000PSF:$100 / $89Sq Ft:1,435 / 615DOM:180 / 145New:0Total:2
1 Beds
Avg:$1,350,000Median:$1,350,000Range:$1,350,000 – $1,350,000PSF:$1,896 / $1,896Sq Ft:712 / 712DOM:81 / 81New:0Total:1
2 Beds
Avg:$401,446Median:$334,900Range:$107,000 – $1,350,000PSF:$326 / $208Sq Ft:1,506 / 1,452DOM:44 / 42New:2Total:26
3 Beds
Avg:$422,020Median:$369,000Range:$96,000 – $1,395,000PSF:$232 / $229Sq Ft:1,830 / 1,644DOM:71 / 41New:16Total:164
4 Beds
Avg:$675,229Median:$537,900Range:$147,000 – $1,495,000PSF:$219 / $215Sq Ft:2,991 / 2,750DOM:62 / 42New:7Total:46
5 Beds
Avg:$731,760Median:$664,900Range:$425,000 – $1,189,900PSF:$212 / $205Sq Ft:3,397 / 2,746DOM:91 / 89New:0Total:5
6 Beds
Avg:$479,900Median:$479,900Range:$479,900 – $479,900PSF:$134 / $134Sq Ft:3,574 / 3,574DOM:62 / 62New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $152,500 | $55,000 | $55,000 – $250,000 | $100 / $89 | 1,435 / 615 | 180 / 145 | 0 | 2 |
| 1 Beds | $1,350,000 | $1,350,000 | $1,350,000 – $1,350,000 | $1,896 / $1,896 | 712 / 712 | 81 / 81 | 0 | 1 |
| 2 Beds | $401,446 | $334,900 | $107,000 – $1,350,000 | $326 / $208 | 1,506 / 1,452 | 44 / 42 | 2 | 26 |
| 3 Beds | $422,020 | $369,000 | $96,000 – $1,395,000 | $232 / $229 | 1,830 / 1,644 | 71 / 41 | 16 | 164 |
| 4 Beds | $675,229 | $537,900 | $147,000 – $1,495,000 | $219 / $215 | 2,991 / 2,750 | 62 / 42 | 7 | 46 |
| 5 Beds | $731,760 | $664,900 | $425,000 – $1,189,900 | $212 / $205 | 3,397 / 2,746 | 91 / 89 | 0 | 5 |
| 6 Beds | $479,900 | $479,900 | $479,900 – $479,900 | $134 / $134 | 3,574 / 3,574 | 62 / 62 | 0 | 1 |
Rental Market Overview
Median Rent
$1,600
0.0%
Median DOM
28
+12.0%
New Listings
15
Inventory
70
0.0%
- Average Rent: $1,691
- Median Rent: $1,600
- Rent Range: $900 – $3,000
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,362 / 1,325
- Square Footage Range: 650 – 3,408
- Days on Market (Avg/Median): 55 / 28
- Days on Market Range: 1 – 280
- New Listings: 15
- Total Listings: 70
Rentals by Property Type
Apartment
$1,425
Median DOM: 101
Inventory: 11
MoM: 0.0%
Condo
$1,200
Median DOM: 96
Inventory: 2
MoM: 0.0%
Single Family
$1,775
Median DOM: 6
Inventory: 49
MoM: 0.0%
Townhouse
$1,600
Median DOM: 173
Inventory: 4
MoM: 0.0%
Apartment
Avg/Median Rent$1,396 / $1,425Range$1,050 – $1,650Rent per Sq Ft$1 / $1Sq Ft1,031 / 1,030DOM154 / 101New0Total11
Condo
Avg/Median Rent$1,350 / $1,200Range$1,200 – $1,500Rent per Sq Ft$1 / $1Sq Ft1,639 / 1,215DOM103 / 96New0Total2
Manufactured
Avg/Median Rent$1,200 / $1,200Range$1,200 – $1,200Rent per Sq Ft$2 / $2Sq Ft675 / 675DOM14 / 14New0Total1
Multi-Family
Avg/Median Rent$1,467 / $1,400Range$1,350 – $1,650Rent per Sq Ft$1 / $1Sq Ft1,150 / 1,100DOM54 / 57New0Total3
Single Family
Avg/Median Rent$1,803 / $1,775Range$900 – $3,000Rent per Sq Ft$1 / $1Sq Ft1,452 / 1,375DOM22 / 6New15Total49
Townhouse
Avg/Median Rent$1,600 / $1,600Range$1,600 – $1,600Rent per Sq Ft$1 / $1Sq Ft1,375 / 1,375DOM175 / 173New0Total4
Rentals by Bedroom Count
1 Beds
Avg:$1,182Median:$1,175Range:$1,172 – $1,200PSF:$1 / $1Sq Ft:893 / 800DOM:98 / 96New:0Total:3
2 Beds
Avg:$1,464Median:$1,495Range:$1,050 – $1,775PSF:$1 / $1Sq Ft:1,127 / 1,100DOM:93 / 63New:1Total:18
3 Beds
Avg:$1,774Median:$1,700Range:$1,300 – $2,499PSF:$1 / $1Sq Ft:1,406 / 1,375DOM:41 / 9New:13Total:46
4 Beds
Avg:$2,298Median:$2,995Range:$900 – $3,000PSF:$1 / $0Sq Ft:3,158 / 2,908DOM:7 / 3New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,182 | $1,175 | $1,172 – $1,200 | $1 / $1 | 893 / 800 | 98 / 96 | 0 | 3 |
| 2 Beds | $1,464 | $1,495 | $1,050 – $1,775 | $1 / $1 | 1,127 / 1,100 | 93 / 63 | 1 | 18 |
| 3 Beds | $1,774 | $1,700 | $1,300 – $2,499 | $1 / $1 | 1,406 / 1,375 | 41 / 9 | 13 | 46 |
| 4 Beds | $2,298 | $2,995 | $900 – $3,000 | $1 / $0 | 3,158 / 2,908 | 7 / 3 | 1 | 3 |
6-Month Sales Trend
Mar 2026
Median Price:$379,900Median DOM:55New:61Total:255
Apr 2026
Median Price:$379,900Median DOM:51New:68Total:271
May 2026
Median Price:$369,000Median DOM:45New:84Total:303
Jun 2026
Median Price:$379,000Median DOM:46New:73Total:305
Jul 2026
Median Price:$377,500Median DOM:51New:64Total:306
Aug 2026
Median Price:$379,000Median DOM:50New:25Total:295
6-Month Rental Trend
Mar 2026
Median Rent:$1,700Median DOM:30New:18Total:64
Apr 2026
Median Rent:$1,695Median DOM:32New:14Total:59
May 2026
Median Rent:$1,700Median DOM:32New:17Total:62
Jun 2026
Median Rent:$1,700Median DOM:26New:23Total:64
Jul 2026
Median Rent:$1,600Median DOM:25New:26Total:70
Aug 2026
Median Rent:$1,600Median DOM:28New:15Total:70
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 was flat.
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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