ZIP 37187 Housing Market Report
Nashville Metro
Report period: August 2026
37187 Monthly Market Update – August 2026
ZIP 37187 · Last updated Aug 13, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$379,000
+1.1%
Median DOM (Sales)
42
−4.5%
New Listings (Sales)
15
−6.3%
Median Rent
$1,850
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
22
−4.3%
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: Townhouse (21 DOM)
- Fastest renting: Townhouse (1 DOM)
- Strongest bedroom: 4 Beds ($399,000 median)
Sales Market Overview
Median Price
$379,000
+1.1%
Median DOM
42
−4.5%
New Listings
15
−6.3%
Inventory
70
+1.4%
- Average Price: $588,021
- Median Price: $379,000
- Price Range: $60,000 – $8,000,000
- Price per Sq Ft (Avg/Median): $227 / $216
- Square Footage (Avg/Median): 1,962 / 1,809
- Square Footage Range: 960 – 5,975
- Days on Market (Avg/Median): 55 / 42
- Days on Market Range: 3 – 336
- New Listings: 15
- Total Listings: 70
Sales by Property Type
Condo
Avg/Median Price$349,900 / $349,900Range$349,900 – $349,900Price per Sq Ft$259 / $259Sq Ft1,352 / 1,352DOM91 / 91New0Total1
Land
Avg/Median Price$1,299,536 / $265,000Range$60,000 – $8,000,000Price per Sq Ft—Sq Ft—DOM78 / 49New1Total11
Manufactured
Avg/Median Price$312,860 / $325,000Range$229,000 – $404,900Price per Sq Ft$211 / $218Sq Ft1,511 / 1,755DOM94 / 115New1Total5
Single Family
Avg/Median Price$479,007 / $392,036Range$265,000 – $2,998,000Price per Sq Ft$229 / $215Sq Ft2,048 / 1,930DOM46 / 38New13Total51
Townhouse
Avg/Median Price$261,500 / $259,000Range$259,000 – $264,000Price per Sq Ft$214 / $212Sq Ft1,224 / 1,224DOM54 / 21New0Total2
Sales by Bedroom Count
Studio
Avg:$285,000Median:$285,000Range:$285,000 – $285,000PSF:$231 / $231Sq Ft:1,236 / 1,236DOM:143 / 143New:0Total:1
2 Beds
Avg:$312,000Median:$264,000Range:$259,000 – $385,000PSF:$245 / $216Sq Ft:1,274 / 1,224DOM:38 / 21New:0Total:4
3 Beds
Avg:$398,128Median:$375,398Range:$229,000 – $725,000PSF:$228 / $216Sq Ft:1,788 / 1,754DOM:47 / 35New:12Total:42
4 Beds
Avg:$523,918Median:$399,000Range:$358,000 – $1,300,000PSF:$200 / $195Sq Ft:2,562 / 2,064DOM:60 / 51New:2Total:10
5 Beds
Avg:$1,686,500Median:$375,000Range:$375,000 – $2,998,000PSF:$319 / $136Sq Ft:4,362 / 2,750DOM:61 / 38New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $285,000 | $285,000 | $285,000 – $285,000 | $231 / $231 | 1,236 / 1,236 | 143 / 143 | 0 | 1 |
| 2 Beds | $312,000 | $264,000 | $259,000 – $385,000 | $245 / $216 | 1,274 / 1,224 | 38 / 21 | 0 | 4 |
| 3 Beds | $398,128 | $375,398 | $229,000 – $725,000 | $228 / $216 | 1,788 / 1,754 | 47 / 35 | 12 | 42 |
| 4 Beds | $523,918 | $399,000 | $358,000 – $1,300,000 | $200 / $195 | 2,562 / 2,064 | 60 / 51 | 2 | 10 |
| 5 Beds | $1,686,500 | $375,000 | $375,000 – $2,998,000 | $319 / $136 | 4,362 / 2,750 | 61 / 38 | 0 | 2 |
Rental Market Overview
Median Rent
$1,850
0.0%
Median DOM
1
0.0%
New Listings
5
Inventory
22
−4.3%
- Average Rent: $1,905
- Median Rent: $1,850
- Rent Range: $995 – $3,300
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,598 / 1,725
- Square Footage Range: 600 – 3,486
- Days on Market (Avg/Median): 13 / 1
- Days on Market Range: 1 – 48
- New Listings: 5
- Total Listings: 22
Rentals by Property Type
Apartment
$1,785
Median DOM: 31
Inventory: 3
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$2,119
Median DOM: 28
Inventory: 8
MoM: 0.0%
Townhouse
$1,695
Median DOM: 1
Inventory: 10
MoM: 0.0%
Apartment
Avg/Median Rent$1,560 / $1,785Range$1,000 – $1,895Rent per Sq Ft$1 / $1Sq Ft1,350 / 1,200DOM31 / 31New0Total3
Multi-Family
Avg/Median Rent$995 / $995Range$995 – $995Rent per Sq Ft$2 / $2Sq Ft600 / 600DOM15 / 15New0Total1
Single Family
Avg/Median Rent$2,327 / $2,119Range$1,200 – $3,300Rent per Sq Ft$1 / $1Sq Ft1,912 / 1,876DOM25 / 28New1Total8
Townhouse
Avg/Median Rent$1,762 / $1,695Range$1,550 – $1,995Rent per Sq Ft$1 / $1Sq Ft1,495 / 1,725DOM3 / 1New4Total10
Rentals by Bedroom Count
1 Beds
Avg:$998Median:$995Range:$995 – $1,000PSF:$2 / $2Sq Ft:600 / 600DOM:23 / 15New:0Total:2
2 Beds
Avg:$1,604Median:$1,695Range:$1,200 – $1,785PSF:$1 / $1Sq Ft:1,117 / 1,190DOM:6 / 1New:1Total:6
3 Beds
Avg:$1,919Median:$1,895Range:$1,600 – $2,350PSF:$1 / $1Sq Ft:1,653 / 1,725DOM:11 / 1New:4Total:10
4 Beds
Avg:$2,300Median:$2,100Range:$2,100 – $2,500PSF:$1 / $1Sq Ft:1,938 / 1,876DOM:23 / 17New:0Total:2
5 Beds
Avg:$3,250Median:$3,200Range:$3,200 – $3,300PSF:$1 / $1Sq Ft:2,918 / 2,350DOM:36 / 36New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $998 | $995 | $995 – $1,000 | $2 / $2 | 600 / 600 | 23 / 15 | 0 | 2 |
| 2 Beds | $1,604 | $1,695 | $1,200 – $1,785 | $1 / $1 | 1,117 / 1,190 | 6 / 1 | 1 | 6 |
| 3 Beds | $1,919 | $1,895 | $1,600 – $2,350 | $1 / $1 | 1,653 / 1,725 | 11 / 1 | 4 | 10 |
| 4 Beds | $2,300 | $2,100 | $2,100 – $2,500 | $1 / $1 | 1,938 / 1,876 | 23 / 17 | 0 | 2 |
| 5 Beds | $3,250 | $3,200 | $3,200 – $3,300 | $1 / $1 | 2,918 / 2,350 | 36 / 36 | 0 | 2 |
6-Month Sales Trend
Mar 2026
Median Price:$325,000Median DOM:45New:20Total:66
Apr 2026
Median Price:$329,900Median DOM:38New:11Total:61
May 2026
Median Price:$369,900Median DOM:33New:18Total:58
Jun 2026
Median Price:$379,000Median DOM:43New:21Total:65
Jul 2026
Median Price:$375,000Median DOM:44New:16Total:69
Aug 2026
Median Price:$379,000Median DOM:42New:15Total:70
6-Month Rental Trend
Mar 2026
Median Rent:$1,695Median DOM:43New:2Total:10
Apr 2026
Median Rent:$1,685Median DOM:1New:6Total:11
May 2026
Median Rent:$1,745Median DOM:1New:5Total:11
Jun 2026
Median Rent:$1,845Median DOM:1New:11Total:16
Jul 2026
Median Rent:$1,850Median DOM:1New:15Total:23
Aug 2026
Median Rent:$1,850Median DOM:1New:5Total:22
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. 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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