ZIP 37188 Housing Market Report
Nashville Metro
Report period: July 2026
37188 Monthly Market Update – July 2026
ZIP 37188 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$396,900
−0.8%
Median DOM (Sales)
23
−11.5%
New Listings (Sales)
81
−46.0%
Median Rent
$2,020
−2.4%
Median DOM (Rental)
20
0.0%
Total Rental Listings
46
+9.5%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (3 DOM)
- Fastest renting: Townhouse (13 DOM)
- Strongest bedroom: 6 Beds ($600,000 median)
Sales Market Overview
Median Price
$396,900
−0.8%
Median DOM
23
−11.5%
New Listings
81
−46.0%
Inventory
375
−4.8%
- Average Price: $433,887
- Median Price: $396,900
- Price Range: $70,000 – $2,999,900
- Price per Sq Ft (Avg/Median): $212 / $207
- Square Footage (Avg/Median): 2,029 / 2,061
- Square Footage Range: 672 – 6,200
- Days on Market (Avg/Median): 43 / 23
- Days on Market Range: 1 – 360
- New Listings: 81
- Total Listings: 375
Sales by Property Type
Condo
Avg/Median Price$222,664 / $214,990Range$199,990 – $329,000Price per Sq Ft$206 / $201Sq Ft1,083 / 1,102DOM24 / 16New5Total19
Land
Avg/Median Price$575,142 / $299,000Range$70,000 – $2,999,900Price per Sq Ft—Sq Ft—DOM92 / 89New7Total24
Manufactured
Avg/Median Price$229,999 / $229,999Range$229,999 – $229,999Price per Sq Ft$189 / $189Sq Ft1,216 / 1,216DOM92 / 92New0Total1
Multi-Family
Avg/Median Price$345,000 / $345,000Range$345,000 – $345,000Price per Sq Ft$211 / $211Sq Ft1,636 / 1,636DOM17 / 3New1Total2
Single Family
Avg/Median Price$441,127 / $414,990Range$199,990 – $2,474,444Price per Sq Ft$213 / $210Sq Ft2,102 / 2,164DOM40 / 23New68Total315
Townhouse
Avg/Median Price$342,755 / $344,524Range$287,400 – $415,428Price per Sq Ft$195 / $201Sq Ft1,788 / 1,650DOM48 / 33New0Total14
Sales by Bedroom Count
2 Beds
Avg:$267,316Median:$212,270Range:$199,990 – $384,000PSF:$230 / $220Sq Ft:1,181 / 931DOM:44 / 26New:2Total:26
3 Beds
Avg:$393,252Median:$369,900Range:$205,000 – $1,599,000PSF:$222 / $216Sq Ft:1,786 / 1,696DOM:39 / 24New:32Total:182
4 Beds
Avg:$489,998Median:$436,900Range:$299,900 – $2,474,444PSF:$199 / $196Sq Ft:2,415 / 2,400DOM:44 / 22New:28Total:109
5 Beds
Avg:$496,126Median:$489,900Range:$330,000 – $749,900PSF:$182 / $181Sq Ft:2,722 / 2,584DOM:28 / 11New:12Total:33
6 Beds
Avg:$600,000Median:$600,000Range:$600,000 – $600,000PSF:$182 / $182Sq Ft:3,294 / 3,294DOM:49 / 49New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $267,316 | $212,270 | $199,990 – $384,000 | $230 / $220 | 1,181 / 931 | 44 / 26 | 2 | 26 |
| 3 Beds | $393,252 | $369,900 | $205,000 – $1,599,000 | $222 / $216 | 1,786 / 1,696 | 39 / 24 | 32 | 182 |
| 4 Beds | $489,998 | $436,900 | $299,900 – $2,474,444 | $199 / $196 | 2,415 / 2,400 | 44 / 22 | 28 | 109 |
| 5 Beds | $496,126 | $489,900 | $330,000 – $749,900 | $182 / $181 | 2,722 / 2,584 | 28 / 11 | 12 | 33 |
| 6 Beds | $600,000 | $600,000 | $600,000 – $600,000 | $182 / $182 | 3,294 / 3,294 | 49 / 49 | 0 | 1 |
Rental Market Overview
Median Rent
$2,020
−2.4%
Median DOM
20
0.0%
New Listings
10
Inventory
46
+9.5%
- Average Rent: $2,037
- Median Rent: $2,020
- Rent Range: $1,240 – $2,895
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,592 / 1,550
- Square Footage Range: 721 – 2,759
- Days on Market (Avg/Median): 33 / 20
- Days on Market Range: 1 – 339
- New Listings: 10
- Total Listings: 46
Rentals by Property Type
Apartment
$1,365
Median DOM: 339
Inventory: 5
MoM: −2.4%
Condo
$1,300
Median DOM: 62
Inventory: 1
MoM: −2.4%
Single Family
$2,139
Median DOM: 20
Inventory: 37
MoM: −2.4%
Townhouse
$1,875
Median DOM: 13
Inventory: 3
MoM: −2.4%
Apartment
Avg/Median Rent$1,379 / $1,365Range$1,240 – $1,560Rent per Sq Ft$2 / $2Sq Ft853 / 820DOM339 / 339New0Total5
Condo
Avg/Median Rent$1,300 / $1,300Range$1,300 – $1,300Rent per Sq Ft$1 / $1Sq Ft1,000 / 1,000DOM62 / 62New0Total1
Single Family
Avg/Median Rent$2,169 / $2,139Range$1,695 – $2,895Rent per Sq Ft$1 / $1Sq Ft1,734 / 1,694DOM24 / 20New9Total37
Townhouse
Avg/Median Rent$1,757 / $1,875Range$1,445 – $1,950Rent per Sq Ft$1 / $1Sq Ft1,270 / 1,455DOM21 / 13New1Total3
Rentals by Bedroom Count
1 Beds
Avg:$1,327Median:$1,300Range:$1,240 – $1,451PSF:$2 / $2Sq Ft:830 / 820DOM:201 / 62New:0Total:5
2 Beds
Avg:$1,502Median:$1,445Range:$1,445 – $1,560PSF:$2 / $1Sq Ft:1,008 / 900DOM:1 / 1New:1Total:2
3 Beds
Avg:$2,044Median:$2,000Range:$1,695 – $2,620PSF:$1 / $1Sq Ft:1,574 / 1,550DOM:23 / 17New:7Total:29
4 Beds
Avg:$2,455Median:$2,395Range:$2,139 – $2,890PSF:$1 / $1Sq Ft:2,191 / 1,903DOM:31 / 27New:1Total:8
5 Beds
Avg:$2,895Median:$2,895Range:$2,895 – $2,895PSF:$1 / $1Sq Ft:2,683 / 2,683DOM:1 / 1New:1Total:1
6 Beds
Avg:$2,250Median:$2,250Range:$2,250 – $2,250PSF:$2 / $2Sq Ft:1,209 / 1,209DOM:32 / 32New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,327 | $1,300 | $1,240 – $1,451 | $2 / $2 | 830 / 820 | 201 / 62 | 0 | 5 |
| 2 Beds | $1,502 | $1,445 | $1,445 – $1,560 | $2 / $1 | 1,008 / 900 | 1 / 1 | 1 | 2 |
| 3 Beds | $2,044 | $2,000 | $1,695 – $2,620 | $1 / $1 | 1,574 / 1,550 | 23 / 17 | 7 | 29 |
| 4 Beds | $2,455 | $2,395 | $2,139 – $2,890 | $1 / $1 | 2,191 / 1,903 | 31 / 27 | 1 | 8 |
| 5 Beds | $2,895 | $2,895 | $2,895 – $2,895 | $1 / $1 | 2,683 / 2,683 | 1 / 1 | 1 | 1 |
| 6 Beds | $2,250 | $2,250 | $2,250 – $2,250 | $2 / $2 | 1,209 / 1,209 | 32 / 32 | 0 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$389,900Median DOM:36New:129Total:424
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:$396,900Median DOM:23New:81Total:375
6-Month Rental Trend
Feb 2026
Median Rent:$2,090Median DOM:35New:17Total:62
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:$2,020Median DOM:20New:10Total:46
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market declined, signaling improving 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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