ZIP 37172 Housing Market Report

Nashville Metro

Report period: July 2026

37172 Monthly Market Update – July 2026

ZIP 37172 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$379,900
+0.2%
Median DOM (Sales)
48
+4.3%
New Listings (Sales)
21
−71.2%
Median Rent
$1,695
−0.3%
Median DOM (Rental)
24
−7.7%
Total Rental Listings
68
+6.3%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Townhouse (19 DOM)
  • Fastest renting: Single Family (5 DOM)
  • Strongest bedroom: 1 Beds ($1,350,000 median)

Sales Market Overview

Median Price
$379,900
+0.2%
Median DOM
48
+4.3%
New Listings
21
−71.2%
Inventory
304
−0.3%
  • Average Price: $500,078
  • Median Price: $379,900
  • Price Range: $55,000 – $7,500,000
  • Price per Sq Ft (Avg/Median): $242 / $223
  • Square Footage (Avg/Median): 2,065 / 1,800
  • Square Footage Range: 615 – 6,682
  • Days on Market (Avg/Median): 70 / 48
  • Days on Market Range: 1 – 305
  • New Listings: 21
  • Total Listings: 304

Sales by Property Type

Condo
Avg/Median Price$205,950 / $196,900Range$196,900 – $215,000Price per Sq Ft$208 / $208Sq Ft990 / 943DOM83 / 48New0Total2
Land
Avg/Median Price$631,284 / $265,000Range$60,500 – $7,500,000Price per Sq FtSq FtDOM106 / 64New1Total50
Manufactured
Avg/Median Price$307,380 / $249,900Range$215,000 – $477,000Price per Sq Ft$197 / $193Sq Ft1,570 / 1,340DOM32 / 31New1Total5
Multi-Family
Avg/Median Price$405,167 / $345,000Range$275,000 – $595,500Price per Sq Ft$169 / $193Sq Ft2,424 / 2,493DOM54 / 29New0Total3
Single Family
Avg/Median Price$489,604 / $400,000Range$55,000 – $2,850,000Price per Sq Ft$247 / $229Sq Ft2,099 / 1,806DOM68 / 44New17Total226
Townhouse
Avg/Median Price$369,152 / $384,990Range$289,900 – $400,000Price per Sq Ft$203 / $193Sq Ft1,833 / 1,760DOM27 / 19New2Total18

Sales by Bedroom Count

Studio
Avg:$152,500Median:$55,000Range:$55,000 – $250,000PSF:$100 / $89Sq Ft:1,435 / 615DOM:155 / 114New:0Total:2
1 Beds
Avg:$1,350,000Median:$1,350,000Range:$1,350,000 – $1,350,000PSF:$1,896 / $1,896Sq Ft:712 / 712DOM:50 / 50New:0Total:1
2 Beds
Avg:$391,934Median:$299,900Range:$107,000 – $1,350,000PSF:$324 / $193Sq Ft:1,515 / 1,452DOM:32 / 21New:2Total:24
3 Beds
Avg:$413,644Median:$359,900Range:$125,000 – $1,250,000PSF:$231 / $230Sq Ft:1,819 / 1,640DOM:66 / 40New:15Total:174
4 Beds
Avg:$713,712Median:$524,900Range:$298,000 – $2,850,000PSF:$221 / $214Sq Ft:3,115 / 2,750DOM:72 / 53New:2Total:46
5 Beds
Avg:$703,560Median:$499,900Range:$429,000 – $1,189,900PSF:$186 / $178Sq Ft:3,648 / 3,688DOM:86 / 68New:1Total:5
6 Beds
Avg:$537,700Median:$479,900Range:$479,900 – $595,500PSF:$164 / $134Sq Ft:3,332 / 3,090DOM:19 / 7New:0Total:2

Rental Market Overview

Median Rent
$1,695
−0.3%
Median DOM
24
−7.7%
New Listings
16
Inventory
68
+6.3%
  • Average Rent: $1,723
  • Median Rent: $1,695
  • Rent Range: $1,050 – $3,300
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,325 / 1,300
  • Square Footage Range: 650 – 2,063
  • Days on Market (Avg/Median): 57 / 24
  • Days on Market Range: 1 – 298
  • New Listings: 16
  • Total Listings: 68

Rentals by Property Type

Apartment
$1,425
Median DOM: 101
Inventory: 12
MoM: −0.3%
Condo
$1,200
Median DOM: 65
Inventory: 2
MoM: −0.3%
Single Family
$1,800
Median DOM: 5
Inventory: 46
MoM: −0.3%
Townhouse
$1,600
Median DOM: 142
Inventory: 5
MoM: −0.3%
Apartment
Avg/Median Rent$1,404 / $1,425Range$1,050 – $1,650Rent per Sq Ft$1 / $1Sq Ft1,032 / 995DOM140 / 101New0Total12
Condo
Avg/Median Rent$1,350 / $1,200Range$1,200 – $1,500Rent per Sq Ft$1 / $1Sq Ft1,639 / 1,215DOM87 / 65New0Total2
Multi-Family
Avg/Median Rent$1,483 / $1,400Range$1,400 – $1,650Rent per Sq Ft$1 / $1Sq Ft1,150 / 1,100DOM24 / 26New1Total3
Single Family
Avg/Median Rent$1,850 / $1,800Range$1,345 – $3,300Rent per Sq Ft$1 / $1Sq Ft1,397 / 1,400DOM29 / 5New15Total46
Townhouse
Avg/Median Rent$1,620 / $1,600Range$1,600 – $1,700Rent per Sq Ft$1 / $1Sq Ft1,375 / 1,375DOM145 / 142New0Total5

Rentals by Bedroom Count

1 Beds
Avg:$1,186Median:$1,172Range:$1,172 – $1,200PSF:$1 / $1Sq Ft:1,008 / 800DOM:65 / 65New:0Total:2
2 Beds
Avg:$1,493Median:$1,540Range:$1,050 – $1,800PSF:$1 / $1Sq Ft:1,112 / 1,100DOM:88 / 59New:2Total:18
3 Beds
Avg:$1,801Median:$1,795Range:$1,345 – $2,299PSF:$1 / $1Sq Ft:1,422 / 1,375DOM:46 / 9New:13Total:47
4 Beds
Avg:$3,300Median:$3,300Range:$3,300 – $3,300PSF:Sq Ft:DOM:1 / 1New:1Total:1

6-Month Sales Trend

Feb 2026
Median Price:$374,900Median DOM:56New:49Total:283
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:$379,900Median DOM:48New:21Total:304

6-Month Rental Trend

Feb 2026
Median Rent:$1,680Median DOM:31New:11Total:63
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:$1,695Median DOM:24New:16Total:68

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower 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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