ZIP 37188 Housing Market Report
Nashville Metro
Report period: August 2026
37188 Monthly Market Update – August 2026
ZIP 37188 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$399,999
+0.0%
Median DOM (Sales)
23
−23.3%
New Listings (Sales)
77
−53.0%
Median Rent
$2,095
0.0%
Median DOM (Rental)
15
0.0%
Total Rental Listings
58
+3.6%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Condo (16 DOM)
- Fastest renting: Townhouse (4 DOM)
- Strongest bedroom: 5 Beds ($488,069 median)
Sales Market Overview
Median Price
$399,999
+0.0%
Median DOM
23
−23.3%
New Listings
77
−53.0%
Inventory
389
0.0%
- Average Price: $438,296
- Median Price: $399,999
- Price Range: $35,000 – $2,999,900
- Price per Sq Ft (Avg/Median): $213 / $207
- Square Footage (Avg/Median): 2,055 / 2,071
- Square Footage Range: 672 – 6,539
- Days on Market (Avg/Median): 41 / 23
- Days on Market Range: 1 – 302
- New Listings: 77
- Total Listings: 389
Sales by Property Type
Condo
Avg/Median Price$227,827 / $214,990Range$199,990 – $330,000Price per Sq Ft$210 / $205Sq Ft1,088 / 1,102DOM24 / 16New3Total21
Land
Avg/Median Price$538,012 / $249,900Range$35,000 – $2,999,900Price per Sq Ft—Sq Ft—DOM105 / 114New0Total26
Multi-Family
Avg/Median Price$345,000 / $345,000Range$345,000 – $345,000Price per Sq Ft$211 / $211Sq Ft1,636 / 1,636DOM47 / 33New0Total2
Single Family
Avg/Median Price$448,893 / $422,900Range$199,990 – $2,474,444Price per Sq Ft$214 / $207Sq Ft2,131 / 2,196DOM38 / 22New73Total326
Townhouse
Avg/Median Price$335,401 / $334,900Range$289,990 – $386,338Price per Sq Ft$192 / $201Sq Ft1,776 / 1,650DOM30 / 21New1Total14
Sales by Bedroom Count
2 Beds
Avg:$279,071Median:$299,999Range:$199,990 – $399,999PSF:$227 / $222Sq Ft:1,246 / 1,146DOM:42 / 23New:2Total:26
3 Beds
Avg:$400,963Median:$374,900Range:$205,000 – $1,599,000PSF:$223 / $216Sq Ft:1,811 / 1,719DOM:36 / 22New:31Total:188
4 Beds
Avg:$487,142Median:$439,957Range:$314,777 – $2,474,444PSF:$202 / $194Sq Ft:2,406 / 2,416DOM:38 / 23New:33Total:115
5 Beds
Avg:$525,020Median:$488,069Range:$330,000 – $1,500,000PSF:$184 / $181Sq Ft:2,829 / 2,584DOM:30 / 14New:11Total:34
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $279,071 | $299,999 | $199,990 – $399,999 | $227 / $222 | 1,246 / 1,146 | 42 / 23 | 2 | 26 |
| 3 Beds | $400,963 | $374,900 | $205,000 – $1,599,000 | $223 / $216 | 1,811 / 1,719 | 36 / 22 | 31 | 188 |
| 4 Beds | $487,142 | $439,957 | $314,777 – $2,474,444 | $202 / $194 | 2,406 / 2,416 | 38 / 23 | 33 | 115 |
| 5 Beds | $525,020 | $488,069 | $330,000 – $1,500,000 | $184 / $181 | 2,829 / 2,584 | 30 / 14 | 11 | 34 |
Rental Market Overview
Median Rent
$2,095
0.0%
Median DOM
15
0.0%
New Listings
7
Inventory
58
+3.6%
- Average Rent: $2,129
- Median Rent: $2,095
- Rent Range: $1,240 – $2,995
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,709 / 1,686
- Square Footage Range: 636 – 2,759
- Days on Market (Avg/Median): 23 / 15
- Days on Market Range: 1 – 76
- New Listings: 7
- Total Listings: 58
Rentals by Property Type
Apartment
$1,365
Median DOM: —
Inventory: 5
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$2,200
Median DOM: 15
Inventory: 49
MoM: 0.0%
Townhouse
$1,845
Median DOM: 4
Inventory: 4
MoM: 0.0%
Apartment
Avg/Median Rent$1,369 / $1,365Range$1,240 – $1,560Rent per Sq Ft$2 / $2Sq Ft812 / 769DOM—New0Total5
Single Family
Avg/Median Rent$2,234 / $2,200Range$1,695 – $2,995Rent per Sq Ft$1 / $1Sq Ft1,832 / 1,734DOM23 / 15New6Total49
Townhouse
Avg/Median Rent$1,784 / $1,845Range$1,445 – $1,950Rent per Sq Ft$1 / $1Sq Ft1,316 / 1,455DOM27 / 4New1Total4
Rentals by Bedroom Count
1 Beds
Avg:$1,321Median:$1,279Range:$1,240 – $1,401PSF:$2 / $2Sq Ft:736 / 721DOM:—New:0Total:4
2 Beds
Avg:$1,502Median:$1,445Range:$1,445 – $1,560PSF:$2 / $1Sq Ft:1,008 / 900DOM:1 / 1New:0Total:2
3 Beds
Avg:$2,106Median:$2,070Range:$1,695 – $2,695PSF:$1 / $1Sq Ft:1,645 / 1,600DOM:24 / 25New:5Total:39
4 Beds
Avg:$2,520Median:$2,595Range:$2,069 – $2,995PSF:$1 / $1Sq Ft:2,252 / 2,344DOM:22 / 12New:1Total:11
5 Beds
Avg:$2,662Median:$2,429Range:$2,429 – $2,895PSF:$1 / $1Sq Ft:2,614 / 2,544DOM:12 / 1New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,321 | $1,279 | $1,240 – $1,401 | $2 / $2 | 736 / 721 | — | 0 | 4 |
| 2 Beds | $1,502 | $1,445 | $1,445 – $1,560 | $2 / $1 | 1,008 / 900 | 1 / 1 | 0 | 2 |
| 3 Beds | $2,106 | $2,070 | $1,695 – $2,695 | $1 / $1 | 1,645 / 1,600 | 24 / 25 | 5 | 39 |
| 4 Beds | $2,520 | $2,595 | $2,069 – $2,995 | $1 / $1 | 2,252 / 2,344 | 22 / 12 | 1 | 11 |
| 5 Beds | $2,662 | $2,429 | $2,429 – $2,895 | $1 / $1 | 2,614 / 2,544 | 12 / 1 | 1 | 2 |
6-Month Sales Trend
Mar 2026
Median Price:$394,990Median DOM:26New:159Total:359
Apr 2026
Median Price:$395,000Median DOM:27New:152Total:382
May 2026
Median Price:$399,990Median DOM:25New:149Total:393
Jun 2026
Median Price:$399,990Median DOM:26New:150Total:394
Jul 2026
Median Price:$399,990Median DOM:30New:164Total:389
Aug 2026
Median Price:$399,999Median DOM:23New:77Total:389
6-Month Rental Trend
Mar 2026
Median Rent:$2,129Median DOM:20New:18Total:57
Apr 2026
Median Rent:$2,105Median DOM:15New:21Total:58
May 2026
Median Rent:$2,100Median DOM:7New:12Total:43
Jun 2026
Median Rent:$2,070Median DOM:20New:17Total:42
Jul 2026
Median Rent:$2,095Median DOM:15New:26Total:56
Aug 2026
Median Rent:$2,095Median DOM:15New:7Total:58
Key Market Takeaways
Median sale prices moved higher this month while inventory remained stable. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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.
370103701337014370153702237027370293703137032370353703637037370463704837049370513705537060370623706437066370673706937072370733707537076370803708237085+51 more
← Back to Nashville Metro