ZIP 37201 Housing Market Report

Nashville Metro

Report period: May 2026

37201 Monthly Market Update – May 2026

ZIP 37201 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$595,000
0.0%
Median DOM (Sales)
54
+8.0%
New Listings (Sales)
3
−66.7%
Median Rent
$1,995
−9.1%
Median DOM (Rental)
63
−23.2%
Total Rental Listings
10
−33.3%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Condo (53 DOM)
  • Fastest renting: Condo (51 DOM)
  • Strongest bedroom: 3 Beds ($1,800,000 median)

Sales Market Overview

Median Price
$595,000
0.0%
Median DOM
54
+8.0%
New Listings
3
−66.7%
Inventory
60
−3.2%
  • Average Price: $972,651
  • Median Price: $595,000
  • Price Range: $369,000 – $4,175,000
  • Price per Sq Ft (Avg/Median): $855 / $663
  • Square Footage (Avg/Median): 1,041 / 936
  • Square Footage Range: 630 – 2,700
  • Days on Market (Avg/Median): 77 / 54
  • Days on Market Range: 5 – 327
  • New Listings: 3
  • Total Listings: 60

Sales by Property Type

Apartment
Avg/Median Price$1,375,600 / $575,000Range$385,000 – $2,899,000Price per Sq Ft$752 / $611Sq Ft1,558 / 1,089DOM114 / 58New2Total5
Condo
Avg/Median Price$942,335 / $610,000Range$369,000 – $4,175,000Price per Sq Ft$869 / $667Sq Ft993 / 911DOM73 / 53New1Total54
Single Family
Avg/Median Price$595,000 / $595,000Range$595,000 – $595,000Price per Sq Ft$595 / $595Sq Ft1,000 / 1,000DOM96 / 96New0Total1

Sales by Bedroom Count

1 Beds
Avg:$573,500Median:$449,900Range:$369,000 – $1,399,000PSF:$726 / $635Sq Ft:772 / 747DOM:76 / 62New:1Total:31
2 Beds
Avg:$1,258,608Median:$849,900Range:$469,000 – $4,175,000PSF:$964 / $748Sq Ft:1,219 / 1,080DOM:71 / 52New:1Total:24
3 Beds
Avg:$2,074,800Median:$1,800,000Range:$1,540,000 – $2,899,000PSF:$1,135 / $1,144Sq Ft:1,848 / 1,560DOM:116 / 29New:1Total:5

Rental Market Overview

Median Rent
$1,995
−9.1%
Median DOM
63
−23.2%
New Listings
1
Inventory
10
−33.3%
  • Average Rent: $2,371
  • Median Rent: $1,995
  • Rent Range: $1,579 – $5,500
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 762 / 720
  • Square Footage Range: 475 – 1,088
  • Days on Market (Avg/Median): 62 / 63
  • Days on Market Range: 1 – 134
  • New Listings: 1
  • Total Listings: 10

Rentals by Property Type

Apartment
$1,579
Median DOM: 134
Inventory: 2
MoM: −9.1%
Condo
$1,995
Median DOM: 51
Inventory: 8
MoM: −9.1%
Single Family
Median DOM:
Inventory:
MoM: −9.1%
Townhouse
Median DOM:
Inventory:
MoM: −9.1%
Apartment
Avg/Median Rent$1,836 / $1,579Range$1,579 – $2,092Rent per Sq Ft$3 / $3Sq Ft576 / 576DOM134 / 134New0Total2
Condo
Avg/Median Rent$2,504 / $1,995Range$1,700 – $5,500Rent per Sq Ft$3 / $3Sq Ft809 / 865DOM53 / 51New1Total8

Rentals by Bedroom Count

Studio
Avg:$1,579Median:$1,579Range:$1,579 – $1,579PSF:$3 / $3Sq Ft:576 / 576DOM:New:0Total:1
1 Beds
Avg:$2,391Median:$1,995Range:$1,700 – $5,500PSF:$3 / $3Sq Ft:745 / 720DOM:61 / 51New:1Total:8
2 Beds
Avg:$3,000Median:$3,000Range:$3,000 – $3,000PSF:$3 / $3Sq Ft:1,088 / 1,088DOM:69 / 69New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$600,000Median DOM:113New:2Total:72
Jan 2026
Median Price:$899,000Median DOM:148New:11Total:98
Feb 2026
Median Price:$890,000Median DOM:142New:12Total:93
Mar 2026
Median Price:$595,000Median DOM:46New:19Total:60
Apr 2026
Median Price:$595,000Median DOM:50New:9Total:62
May 2026
Median Price:$595,000Median DOM:54New:3Total:60

6-Month Rental Trend

Dec 2025
Median Rent:$3,300Median DOM:59New:5Total:19
Jan 2026
Median Rent:$2,450Median DOM:34New:7Total:23
Feb 2026
Median Rent:$2,400Median DOM:62New:4Total:22
Mar 2026
Median Rent:$2,300Median DOM:82New:4Total:20
Apr 2026
Median Rent:$2,195Median DOM:82New:1Total:15
May 2026
Median Rent:$1,995Median DOM:63New:1Total:10

Key Market Takeaways

Median sale prices held steady this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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