ZIP 37187 Housing Market Report

Nashville Metro

Report period: March 2026

37187 Monthly Market Update – March 2026

ZIP 37187 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$325,000
0.0%
Median DOM (Sales)
57
−5.0%
New Listings (Sales)
2
−81.8%
Median Rent
$1,695
0.0%
Median DOM (Rental)
29
0.0%
Total Rental Listings
11
−8.3%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Townhouse (35 DOM)
  • Fastest renting: Townhouse (1 DOM)
  • Strongest bedroom: 4 Beds ($425,000 median)

Sales Market Overview

Median Price
$325,000
0.0%
Median DOM
57
−5.0%
New Listings
2
−81.8%
Inventory
62
−16.2%
  • Average Price: $493,445
  • Median Price: $325,000
  • Price Range: $100,000 – $5,000,000
  • Price per Sq Ft (Avg/Median): $250 / $223
  • Square Footage (Avg/Median): 1,588 / 1,365
  • Square Footage Range: 840 – 3,486
  • Days on Market (Avg/Median): 77 / 57
  • Days on Market Range: 2 – 335
  • New Listings: 2
  • Total Listings: 62

Sales by Property Type

Land
Avg/Median Price$896,078 / $399,900Range$149,900 – $5,000,000Price per Sq FtSq FtDOM125 / 101New0Total9
Manufactured
Avg/Median Price$170,925 / $115,000Range$100,000 – $377,398Price per Sq Ft$148 / $127Sq Ft1,110 / 938DOM81 / 59New0Total8
Single Family
Avg/Median Price$485,324 / $385,000Range$109,000 – $5,000,000Price per Sq Ft$273 / $233Sq Ft1,705 / 1,432DOM68 / 50New2Total42
Townhouse
Avg/Median Price$259,300 / $259,000Range$258,900 – $260,000Price per Sq Ft$212 / $212Sq Ft1,224 / 1,224DOM38 / 35New0Total3

Sales by Bedroom Count

Studio
Avg:$109,000Median:$109,000Range:$109,000 – $109,000PSF:$109 / $109Sq Ft:1,000 / 1,000DOM:83 / 83New:0Total:1
2 Beds
Avg:$236,172Median:$258,900Range:$100,000 – $475,000PSF:$192 / $212Sq Ft:1,261 / 990DOM:68 / 50New:0Total:11
3 Beds
Avg:$484,526Median:$375,000Range:$115,000 – $5,000,000PSF:$274 / $225Sq Ft:1,636 / 1,424DOM:60 / 50New:2Total:38
4 Beds
Avg:$470,000Median:$425,000Range:$310,000 – $675,000PSF:$207 / $233Sq Ft:2,374 / 2,660DOM:165 / 143New:0Total:3

Rental Market Overview

Median Rent
$1,695
0.0%
Median DOM
29
0.0%
New Listings
2
Inventory
11
−8.3%
  • Average Rent: $1,536
  • Median Rent: $1,695
  • Rent Range: $900 – $1,920
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,246 / 1,200
  • Square Footage Range: 600 – 1,725
  • Days on Market (Avg/Median): 29 / 29
  • Days on Market Range: 1 – 61
  • New Listings: 2
  • Total Listings: 11

Rentals by Property Type

Apartment
$995
Median DOM: 12
Inventory: 3
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$1,800
Median DOM: 48
Inventory: 1
MoM: 0.0%
Townhouse
$1,695
Median DOM: 1
Inventory: 6
MoM: 0.0%
Apartment
Avg/Median Rent$1,207 / $995Range$900 – $1,725Rent per Sq Ft$1 / $1Sq Ft942 / 960DOM28 / 12New0Total3
Multi-Family
Avg/Median Rent$995 / $995Range$995 – $995Rent per Sq Ft$2 / $2Sq Ft600 / 600DOM51 / 51New0Total1
Single Family
Avg/Median Rent$1,800 / $1,800Range$1,800 – $1,800Rent per Sq Ft$1 / $1Sq Ft1,500 / 1,500DOM48 / 48New0Total1
Townhouse
Avg/Median Rent$1,747 / $1,695Range$1,575 – $1,920Rent per Sq Ft$1 / $1Sq Ft1,463 / 1,224DOM23 / 1New2Total6

Rentals by Bedroom Count

1 Beds
Avg:$995Median:$995Range:$995 – $995PSF:$2 / $2Sq Ft:632 / 600DOM:48 / 44New:0Total:2
2 Beds
Avg:$1,563Median:$1,695Range:$900 – $1,800PSF:$1 / $1Sq Ft:1,153 / 1,190DOM:36 / 29New:0Total:5
3 Beds
Avg:$1,772Median:$1,795Range:$1,575 – $1,920PSF:$1 / $1Sq Ft:1,669 / 1,725DOM:13 / 1New:2Total:4

6-Month Sales Trend

Oct 2025
Median Price:$358,900Median DOM:69New:15Total:83
Nov 2025
Median Price:$349,900Median DOM:81New:15Total:79
Dec 2025
Median Price:$340,000Median DOM:77New:13Total:81
Jan 2026
Median Price:$325,000Median DOM:67New:13Total:74
Feb 2026
Median Price:$325,000Median DOM:60New:11Total:74
Mar 2026
Median Price:$325,000Median DOM:57New:2Total:62

6-Month Rental Trend

Oct 2025
Median Rent:$1,725Median DOM:15New:6Total:19
Nov 2025
Median Rent:$1,725Median DOM:1New:4Total:12
Dec 2025
Median Rent:$1,675Median DOM:10New:5Total:9
Jan 2026
Median Rent:$1,645Median DOM:11New:6Total:11
Feb 2026
Median Rent:$1,695Median DOM:29New:3Total:12
Mar 2026
Median Rent:$1,695Median DOM:29New:2Total:11

Key Market Takeaways

Median sale prices held steady 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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