ZIP 37203 Housing Market Report
Nashville Metro
Report period: June 2026
37203 Monthly Market Update – June 2026
ZIP 37203 · Last updated Jun 13, 2026 · Data range Jan 2026 – Jun 2026
Executive Snapshot
Median Sale Price
$699,000
0.0%
Median DOM (Sales)
62
+5.1%
New Listings (Sales)
44
−51.1%
Median Rent
$2,495
+0.2%
Median DOM (Rental)
41
+7.9%
Total Rental Listings
305
−1.3%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Land (17 DOM)
- Fastest renting: Single Family (7 DOM)
- Strongest bedroom: 5 Beds ($2,149,900 median)
Sales Market Overview
Median Price
$699,000
0.0%
Median DOM
62
+5.1%
New Listings
44
−51.1%
Inventory
491
+1.2%
- Average Price: $942,632
- Median Price: $699,000
- Price Range: $239,900 – $9,600,000
- Price per Sq Ft (Avg/Median): $672 / $624
- Square Footage (Avg/Median): 1,436 / 1,108
- Square Footage Range: 385 – 4,890
- Days on Market (Avg/Median): 79 / 62
- Days on Market Range: 2 – 364
- New Listings: 44
- Total Listings: 491
Sales by Property Type
Apartment
Avg/Median Price$504,974 / $370,000Range$344,998 – $850,000Price per Sq Ft$686 / $606Sq Ft718 / 719DOM94 / 93New1Total4
Condo
Avg/Median Price$865,875 / $596,619Range$239,900 – $9,000,000Price per Sq Ft$731 / $665Sq Ft1,084 / 936DOM88 / 66New27Total363
Land
Avg/Median Price$928,250 / $799,000Range$365,000 – $1,450,000Price per Sq Ft—Sq Ft—DOM37 / 17New0Total4
Multi-Family
Avg/Median Price$1,381,667 / $820,000Range$775,000 – $2,550,000Price per Sq Ft$680 / $554Sq Ft2,461 / 2,070DOM73 / 72New0Total3
Single Family
Avg/Median Price$1,188,734 / $988,900Range$350,000 – $2,375,000Price per Sq Ft$505 / $455Sq Ft2,510 / 2,416DOM48 / 38New6Total37
Townhouse
Avg/Median Price$1,183,231 / $935,000Range$260,000 – $9,600,000Price per Sq Ft$477 / $391Sq Ft2,531 / 2,490DOM56 / 42New10Total80
Sales by Bedroom Count
Studio
Avg:$425,160Median:$354,900Range:$239,900 – $883,000PSF:$841 / $673Sq Ft:503 / 520DOM:62 / 48New:1Total:10
1 Beds
Avg:$498,845Median:$472,000Range:$274,000 – $1,650,000PSF:$639 / $627Sq Ft:777 / 778DOM:87 / 70New:18Total:176
2 Beds
Avg:$965,751Median:$749,900Range:$260,000 – $7,000,000PSF:$729 / $673Sq Ft:1,297 / 1,222DOM:86 / 60New:10Total:156
3 Beds
Avg:$1,465,225Median:$950,000Range:$348,000 – $9,000,000PSF:$726 / $493Sq Ft:2,007 / 1,931DOM:65 / 39New:8Total:64
4 Beds
Avg:$1,504,785Median:$1,300,000Range:$659,900 – $9,600,000PSF:$583 / $451Sq Ft:2,709 / 2,600DOM:67 / 59New:7Total:73
5 Beds
Avg:$1,914,380Median:$2,149,900Range:$1,199,000 – $2,375,000PSF:$481 / $477Sq Ft:3,978 / 3,994DOM:45 / 44New:0Total:5
6 Beds
Avg:$1,072,667Median:$1,199,000Range:$820,000 – $1,199,000PSF:$366 / $351Sq Ft:2,965 / 3,413DOM:71 / 79New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $425,160 | $354,900 | $239,900 – $883,000 | $841 / $673 | 503 / 520 | 62 / 48 | 1 | 10 |
| 1 Beds | $498,845 | $472,000 | $274,000 – $1,650,000 | $639 / $627 | 777 / 778 | 87 / 70 | 18 | 176 |
| 2 Beds | $965,751 | $749,900 | $260,000 – $7,000,000 | $729 / $673 | 1,297 / 1,222 | 86 / 60 | 10 | 156 |
| 3 Beds | $1,465,225 | $950,000 | $348,000 – $9,000,000 | $726 / $493 | 2,007 / 1,931 | 65 / 39 | 8 | 64 |
| 4 Beds | $1,504,785 | $1,300,000 | $659,900 – $9,600,000 | $583 / $451 | 2,709 / 2,600 | 67 / 59 | 7 | 73 |
| 5 Beds | $1,914,380 | $2,149,900 | $1,199,000 – $2,375,000 | $481 / $477 | 3,978 / 3,994 | 45 / 44 | 0 | 5 |
| 6 Beds | $1,072,667 | $1,199,000 | $820,000 – $1,199,000 | $366 / $351 | 2,965 / 3,413 | 71 / 79 | 0 | 3 |
Rental Market Overview
Median Rent
$2,495
+0.2%
Median DOM
41
+7.9%
New Listings
32
Inventory
305
−1.3%
- Average Rent: $3,108
- Median Rent: $2,495
- Rent Range: $800 – $9,995
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,231 / 868
- Square Footage Range: 250 – 4,386
- Days on Market (Avg/Median): 81 / 41
- Days on Market Range: 1 – 361
- New Listings: 32
- Total Listings: 305
Rentals by Property Type
Apartment
$1,679
Median DOM: 184
Inventory: 95
MoM: +0.2%
Condo
$2,495
Median DOM: 39
Inventory: 139
MoM: +0.2%
Single Family
$3,925
Median DOM: 7
Inventory: 46
MoM: +0.2%
Townhouse
$3,395
Median DOM: 25
Inventory: 20
MoM: +0.2%
Apartment
Avg/Median Rent$2,481 / $1,679Range$895 – $8,396Rent per Sq Ft$3 / $3Sq Ft931 / 587DOM171 / 184New2Total95
Condo
Avg/Median Rent$2,992 / $2,495Range$1,000 – $9,995Rent per Sq Ft$3 / $3Sq Ft1,025 / 857DOM62 / 39New11Total139
Multi-Family
Avg/Median Rent$5,297 / $5,200Range$2,500 – $6,995Rent per Sq Ft$3 / $3Sq Ft2,026 / 2,100DOM64 / 75New0Total5
Single Family
Avg/Median Rent$4,246 / $3,925Range$800 – $8,995Rent per Sq Ft$2 / $2Sq Ft2,072 / 2,311DOM20 / 7New15Total46
Townhouse
Avg/Median Rent$3,723 / $3,395Range$1,855 – $6,995Rent per Sq Ft$2 / $2Sq Ft1,946 / 1,806DOM81 / 25New4Total20
Rentals by Bedroom Count
Studio
Avg:$1,646Median:$1,636Range:$986 – $2,489PSF:$3 / $3Sq Ft:512 / 537DOM:166 / 158New:1Total:40
1 Beds
Avg:$1,984Median:$1,790Range:$800 – $4,831PSF:$3 / $3Sq Ft:701 / 699DOM:83 / 40New:11Total:105
2 Beds
Avg:$3,067Median:$2,495Range:$1,300 – $7,000PSF:$3 / $3Sq Ft:1,141 / 1,105DOM:48 / 29New:10Total:77
3 Beds
Avg:$4,192Median:$3,750Range:$1,650 – $6,995PSF:$2 / $2Sq Ft:1,904 / 1,929DOM:49 / 23New:4Total:35
4 Beds
Avg:$6,075Median:$5,995Range:$3,250 – $9,995PSF:$3 / $2Sq Ft:2,548 / 2,497DOM:116 / 60New:6Total:46
5 Beds
Avg:$4,450Median:$4,450Range:$4,450 – $4,450PSF:$1 / $1Sq Ft:3,580 / 3,580DOM:—New:0Total:1
6 Beds
Avg:$6,995Median:$6,995Range:$6,995 – $6,995PSF:$2 / $2Sq Ft:3,999 / 3,999DOM:—New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,646 | $1,636 | $986 – $2,489 | $3 / $3 | 512 / 537 | 166 / 158 | 1 | 40 |
| 1 Beds | $1,984 | $1,790 | $800 – $4,831 | $3 / $3 | 701 / 699 | 83 / 40 | 11 | 105 |
| 2 Beds | $3,067 | $2,495 | $1,300 – $7,000 | $3 / $3 | 1,141 / 1,105 | 48 / 29 | 10 | 77 |
| 3 Beds | $4,192 | $3,750 | $1,650 – $6,995 | $2 / $2 | 1,904 / 1,929 | 49 / 23 | 4 | 35 |
| 4 Beds | $6,075 | $5,995 | $3,250 – $9,995 | $3 / $2 | 2,548 / 2,497 | 116 / 60 | 6 | 46 |
| 5 Beds | $4,450 | $4,450 | $4,450 – $4,450 | $1 / $1 | 3,580 / 3,580 | — | 0 | 1 |
| 6 Beds | $6,995 | $6,995 | $6,995 – $6,995 | $2 / $2 | 3,999 / 3,999 | — | 0 | 1 |
6-Month Sales Trend
Jan 2026
Median Price:$659,900Median DOM:77New:101Total:425
Feb 2026
Median Price:$679,900Median DOM:54New:100Total:468
Mar 2026
Median Price:$679,900Median DOM:52New:108Total:451
Apr 2026
Median Price:$685,000Median DOM:52New:112Total:482
May 2026
Median Price:$699,000Median DOM:59New:90Total:485
Jun 2026
Median Price:$699,000Median DOM:62New:44Total:491
6-Month Rental Trend
Jan 2026
Median Rent:$2,495Median DOM:62New:65Total:326
Feb 2026
Median Rent:$2,495Median DOM:61New:52Total:325
Mar 2026
Median Rent:$2,495Median DOM:51New:67Total:297
Apr 2026
Median Rent:$2,495Median DOM:46New:68Total:314
May 2026
Median Rent:$2,489Median DOM:38New:69Total:309
Jun 2026
Median Rent:$2,495Median DOM:41New:32Total:305
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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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