ZIP 37188 Housing Market Report

Nashville Metro

Report period: March 2026

37188 Monthly Market Update – March 2026

ZIP 37188 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$389,900
0.0%
Median DOM (Sales)
29
−19.4%
New Listings (Sales)
79
−38.8%
Median Rent
$2,100
+0.5%
Median DOM (Rental)
25
−28.6%
Total Rental Listings
64
+3.2%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Manufactured (6 DOM)
  • Fastest renting: Townhouse (1 DOM)
  • Strongest bedroom: 5 Beds ($468,990 median)

Sales Market Overview

Median Price
$389,900
0.0%
Median DOM
29
−19.4%
New Listings
79
−38.8%
Inventory
419
−1.2%
  • Average Price: $414,006
  • Median Price: $389,900
  • Price Range: $149,000 – $2,999,900
  • Price per Sq Ft (Avg/Median): $208 / $207
  • Square Footage (Avg/Median): 2,003 / 1,950
  • Square Footage Range: 901 – 5,139
  • Days on Market (Avg/Median): 50 / 29
  • Days on Market Range: 2 – 322
  • New Listings: 79
  • Total Listings: 419

Sales by Property Type

Condo
Avg/Median Price$245,790 / $227,000Range$212,000 – $329,999Price per Sq Ft$216 / $206Sq Ft1,137 / 1,102DOM24 / 13New5Total14
Land
Avg/Median Price$608,943 / $299,000Range$149,000 – $2,999,900Price per Sq FtSq FtDOM42 / 22New1Total15
Manufactured
Avg/Median Price$249,994 / $249,994Range$249,994 – $249,994Price per Sq Ft$206 / $206Sq Ft1,216 / 1,216DOM6 / 6New1Total1
Single Family
Avg/Median Price$417,197 / $399,505Range$209,990 – $1,299,900Price per Sq Ft$208 / $208Sq Ft2,051 / 1,975DOM52 / 29New64Total367
Townhouse
Avg/Median Price$342,369 / $349,900Range$269,000 – $407,295Price per Sq Ft$194 / $189Sq Ft1,797 / 1,650DOM48 / 24New8Total22

Sales by Bedroom Count

2 Beds
Avg:$285,717Median:$249,900Range:$209,990 – $480,000PSF:$232 / $227Sq Ft:1,235 / 1,102DOM:38 / 13New:14Total:35
3 Beds
Avg:$383,362Median:$364,900Range:$226,990 – $999,990PSF:$216 / $218Sq Ft:1,800 / 1,707DOM:57 / 38New:27Total:225
4 Beds
Avg:$465,364Median:$429,990Range:$329,000 – $1,299,900PSF:$194 / $192Sq Ft:2,409 / 2,416DOM:44 / 21New:23Total:100
5 Beds
Avg:$489,580Median:$468,990Range:$399,990 – $774,900PSF:$180 / $174Sq Ft:2,727 / 2,584DOM:45 / 20New:14Total:44

Rental Market Overview

Median Rent
$2,100
+0.5%
Median DOM
25
−28.6%
New Listings
11
Inventory
64
+3.2%
  • Average Rent: $2,084
  • Median Rent: $2,100
  • Rent Range: $999 – $2,999
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,729 / 1,753
  • Square Footage Range: 614 – 2,792
  • Days on Market (Avg/Median): 59 / 25
  • Days on Market Range: 1 – 311
  • New Listings: 11
  • Total Listings: 64

Rentals by Property Type

Apartment
$1,325
Median DOM: 217
Inventory: 6
MoM: +0.5%
Condo
$1,795
Median DOM: 26
Inventory: 3
MoM: +0.5%
Single Family
$2,190
Median DOM: 22
Inventory: 51
MoM: +0.5%
Townhouse
$1,850
Median DOM: 1
Inventory: 4
MoM: +0.5%
Apartment
Avg/Median Rent$1,309 / $1,325Range$999 – $1,560Rent per Sq Ft$2 / $1Sq Ft836 / 769DOM225 / 217New0Total6
Condo
Avg/Median Rent$1,630 / $1,795Range$1,300 – $1,795Rent per Sq Ft$1 / $1Sq Ft1,303 / 1,453DOM37 / 26New0Total3
Single Family
Avg/Median Rent$2,211 / $2,190Range$1,495 – $2,999Rent per Sq Ft$1 / $1Sq Ft1,878 / 1,808DOM52 / 22New9Total51
Townhouse
Avg/Median Rent$1,975 / $1,850Range$1,800 – $2,300Rent per Sq Ft$1 / $1Sq Ft1,491 / 1,455DOM1 / 1New2Total4

Rentals by Bedroom Count

1 Beds
Avg:$1,254Median:$1,300Range:$999 – $1,364PSF:$2 / $2Sq Ft:785 / 769DOM:196 / 217New:0Total:5
2 Beds
Avg:$1,442Median:$1,325Range:$1,325 – $1,560PSF:$1 / $1Sq Ft:1,048 / 980DOM:147 / 147New:0Total:2
3 Beds
Avg:$2,085Median:$2,019Range:$1,745 – $2,999PSF:$1 / $1Sq Ft:1,667 / 1,600DOM:48 / 22New:6Total:33
4 Beds
Avg:$2,269Median:$2,300Range:$1,495 – $2,850PSF:$1 / $1Sq Ft:2,031 / 1,967DOM:49 / 16New:5Total:22
5 Beds
Avg:$2,750Median:$2,600Range:$2,600 – $2,900PSF:$1 / $1Sq Ft:2,480 / 2,450DOM:82 / 28New:0Total:2

6-Month Sales Trend

Oct 2025
Median Price:$397,745Median DOM:36New:120Total:329
Nov 2025
Median Price:$399,900Median DOM:33New:130Total:342
Dec 2025
Median Price:$399,900Median DOM:40New:107Total:346
Jan 2026
Median Price:$395,000Median DOM:38New:137Total:406
Feb 2026
Median Price:$389,900Median DOM:36New:129Total:424
Mar 2026
Median Price:$389,900Median DOM:29New:79Total:419

6-Month Rental Trend

Oct 2025
Median Rent:$2,000Median DOM:22New:16Total:63
Nov 2025
Median Rent:$1,969Median DOM:23New:21Total:62
Dec 2025
Median Rent:$2,009Median DOM:38New:19Total:58
Jan 2026
Median Rent:$2,108Median DOM:28New:18Total:65
Feb 2026
Median Rent:$2,090Median DOM:35New:17Total:62
Mar 2026
Median Rent:$2,100Median DOM:25New:11Total:64

Key Market Takeaways

Median sale prices held steady this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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