ZIP 37189 Housing Market Report
Nashville Metro
Report period: May 2026
37189 Monthly Market Update – May 2026
ZIP 37189 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$449,000
+5.6%
Median DOM (Sales)
49
−16.9%
New Listings (Sales)
1
−92.3%
Median Rent
$1,950
0.0%
Median DOM (Rental)
50
+13.6%
Total Rental Listings
8
0.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents were stable.
What's Moving Fastest
- Fastest selling: Manufactured (32 DOM)
- Fastest renting: Single Family (41 DOM)
- Strongest bedroom: 3 Beds ($519,990 median)
Sales Market Overview
Median Price
$449,000
+5.6%
Median DOM
49
−16.9%
New Listings
1
−92.3%
Inventory
39
−2.5%
- Average Price: $895,727
- Median Price: $449,000
- Price Range: $54,000 – $4,799,000
- Price per Sq Ft (Avg/Median): $247 / $251
- Square Footage (Avg/Median): 2,186 / 2,019
- Square Footage Range: 1,134 – 3,904
- Days on Market (Avg/Median): 105 / 49
- Days on Market Range: 2 – 358
- New Listings: 1
- Total Listings: 39
Sales by Property Type
Land
Avg/Median Price$1,301,555 / $290,000Range$54,000 – $4,799,000Price per Sq Ft—Sq Ft—DOM137 / 117New1Total18
Manufactured
Avg/Median Price$359,900 / $359,900Range$359,900 – $359,900Price per Sq Ft$230 / $230Sq Ft1,566 / 1,566DOM32 / 32New0Total1
Single Family
Avg/Median Price$578,136 / $524,990Range$295,000 – $1,049,900Price per Sq Ft$251 / $251Sq Ft2,263 / 2,019DOM82 / 39New0Total18
Townhouse
Avg/Median Price$369,500 / $290,000Range$290,000 – $449,000Price per Sq Ft$218 / $180Sq Ft1,811 / 1,134DOM82 / 51New0Total2
Sales by Bedroom Count
2 Beds
Avg:$295,000Median:$295,000Range:$295,000 – $295,000PSF:$251 / $251Sq Ft:1,176 / 1,176DOM:55 / 55New:0Total:1
3 Beds
Avg:$517,516Median:$519,990Range:$290,000 – $1,049,900PSF:$252 / $252Sq Ft:2,046 / 1,952DOM:90 / 39New:0Total:10
4 Beds
Avg:$593,474Median:$449,000Range:$325,000 – $899,999PSF:$236 / $219Sq Ft:2,443 / 2,488DOM:74 / 36New:0Total:8
5 Beds
Avg:$643,700Median:$412,400Range:$412,400 – $875,000PSF:$266 / $247Sq Ft:2,369 / 1,668DOM:68 / 12New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $295,000 | $295,000 | $295,000 – $295,000 | $251 / $251 | 1,176 / 1,176 | 55 / 55 | 0 | 1 |
| 3 Beds | $517,516 | $519,990 | $290,000 – $1,049,900 | $252 / $252 | 2,046 / 1,952 | 90 / 39 | 0 | 10 |
| 4 Beds | $593,474 | $449,000 | $325,000 – $899,999 | $236 / $219 | 2,443 / 2,488 | 74 / 36 | 0 | 8 |
| 5 Beds | $643,700 | $412,400 | $412,400 – $875,000 | $266 / $247 | 2,369 / 1,668 | 68 / 12 | 0 | 2 |
Rental Market Overview
Median Rent
$1,950
0.0%
Median DOM
50
+13.6%
New Listings
1
Inventory
8
0.0%
- Average Rent: $1,999
- Median Rent: $1,950
- Rent Range: $1,000 – $2,795
- Rent per Sq Ft (Avg/Median): $1 / $2
- Square Footage (Avg/Median): 1,474 / 1,550
- Square Footage Range: 1,067 – 1,864
- Days on Market (Avg/Median): 81 / 50
- Days on Market Range: 1 – 314
- New Listings: 1
- Total Listings: 8
Rentals by Property Type
Apartment
$1,330
Median DOM: 314
Inventory: 1
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$2,390
Median DOM: 41
Inventory: 7
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Apartment
Avg/Median Rent$1,330 / $1,330Range$1,330 – $1,330Rent per Sq Ft$1 / $1Sq Ft1,067 / 1,067DOM314 / 314New0Total1
Single Family
Avg/Median Rent$2,094 / $2,390Range$1,000 – $2,795Rent per Sq Ft$2 / $2Sq Ft1,542 / 1,550DOM42 / 41New1Total7
Rentals by Bedroom Count
1 Beds
Avg:$1,000Median:$1,000Range:$1,000 – $1,000PSF:—Sq Ft:—DOM:56 / 56New:0Total:1
2 Beds
Avg:$1,330Median:$1,330Range:$1,330 – $1,330PSF:$1 / $1Sq Ft:1,067 / 1,067DOM:314 / 314New:0Total:1
3 Beds
Avg:$2,173Median:$2,390Range:$1,725 – $2,400PSF:$1 / $2Sq Ft:1,495 / 1,550DOM:31 / 31New:1Total:5
4 Beds
Avg:$2,795Median:$2,795Range:$2,795 – $2,795PSF:$2 / $2Sq Ft:1,781 / 1,781DOM:73 / 73New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,000 | $1,000 | $1,000 – $1,000 | — | — | 56 / 56 | 0 | 1 |
| 2 Beds | $1,330 | $1,330 | $1,330 – $1,330 | $1 / $1 | 1,067 / 1,067 | 314 / 314 | 0 | 1 |
| 3 Beds | $2,173 | $2,390 | $1,725 – $2,400 | $1 / $2 | 1,495 / 1,550 | 31 / 31 | 1 | 5 |
| 4 Beds | $2,795 | $2,795 | $2,795 – $2,795 | $2 / $2 | 1,781 / 1,781 | 73 / 73 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$459,900Median DOM:113New:2Total:39
Jan 2026
Median Price:$449,000Median DOM:118New:4Total:37
Feb 2026
Median Price:$425,000Median DOM:128New:2Total:31
Mar 2026
Median Price:$419,900Median DOM:108New:7Total:33
Apr 2026
Median Price:$425,000Median DOM:59New:13Total:40
May 2026
Median Price:$449,000Median DOM:49New:1Total:39
6-Month Rental Trend
Dec 2025
Median Rent:$1,200Median DOM:30New:1Total:2
Jan 2026
Median Rent:$1,825Median DOM:61New:2Total:5
Feb 2026
Median Rent:$2,200Median DOM:29New:2Total:7
Mar 2026
Median Rent:$1,725Median DOM:29New:1Total:8
Apr 2026
Median Rent:$1,950Median DOM:44New:2Total:8
May 2026
Median Rent:$1,950Median DOM:50New:1Total:8
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, while total rental inventory was flat.
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