ZIP 37203 Housing Market Report
Nashville Metro
Report period: March 2026
37203 Monthly Market Update – March 2026
ZIP 37203 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$680,000
+0.0%
Median DOM (Sales)
56
+3.7%
New Listings (Sales)
34
−66.0%
Median Rent
$2,495
0.0%
Median DOM (Rental)
59
−3.3%
Total Rental Listings
322
−0.9%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Multi-Family (36 DOM)
- Fastest renting: Single Family (8 DOM)
- Strongest bedroom: 8 Beds ($1,925,000 median)
Sales Market Overview
Median Price
$680,000
+0.0%
Median DOM
56
+3.7%
New Listings
34
−66.0%
Inventory
435
−7.1%
- Average Price: $933,885
- Median Price: $680,000
- Price Range: $202,400 – $9,600,000
- Price per Sq Ft (Avg/Median): $686 / $632
- Square Footage (Avg/Median): 1,387 / 1,092
- Square Footage Range: 320 – 5,100
- Days on Market (Avg/Median): 80 / 56
- Days on Market Range: 2 – 361
- New Listings: 34
- Total Listings: 435
Sales by Property Type
Apartment
Avg/Median Price$457,686 / $379,000Range$280,000 – $945,000Price per Sq Ft$593 / $526Sq Ft785 / 751DOM91 / 37New0Total7
Condo
Avg/Median Price$872,660 / $620,320Range$202,400 – $8,650,000Price per Sq Ft$739 / $677Sq Ft1,098 / 945DOM81 / 58New20Total335
Land
Avg/Median Price$1,007,317 / $350,000Range$300,000 – $2,400,000Price per Sq Ft—Sq Ft—DOM123 / 87New0Total6
Multi-Family
Avg/Median Price$1,925,000 / $1,925,000Range$1,925,000 – $1,925,000Price per Sq Ft$396 / $396Sq Ft4,861 / 4,861DOM36 / 36New0Total1
Single Family
Avg/Median Price$1,117,475 / $984,000Range$485,000 – $2,375,000Price per Sq Ft$495 / $449Sq Ft2,468 / 2,241DOM63 / 42New5Total42
Townhouse
Avg/Median Price$1,268,009 / $969,000Range$260,000 – $9,600,000Price per Sq Ft$482 / $388Sq Ft2,569 / 2,430DOM84 / 38New9Total44
Sales by Bedroom Count
Studio
Avg:$528,100Median:$354,900Range:$202,400 – $883,000PSF:$1,025 / $922Sq Ft:482 / 385DOM:85 / 47New:0Total:4
1 Beds
Avg:$501,216Median:$459,900Range:$225,000 – $1,650,000PSF:$656 / $631Sq Ft:764 / 768DOM:80 / 57New:11Total:158
2 Beds
Avg:$937,981Median:$749,900Range:$260,000 – $6,500,000PSF:$741 / $693Sq Ft:1,228 / 1,174DOM:81 / 59New:13Total:138
3 Beds
Avg:$1,363,988Median:$950,000Range:$370,000 – $8,500,000PSF:$676 / $483Sq Ft:1,984 / 2,004DOM:88 / 69New:3Total:58
4 Beds
Avg:$1,531,656Median:$1,330,000Range:$679,900 – $9,600,000PSF:$650 / $499Sq Ft:2,498 / 2,327DOM:68 / 33New:7Total:66
5 Beds
Avg:$1,831,200Median:$1,549,900Range:$950,000 – $2,449,900PSF:$412 / $432Sq Ft:4,523 / 4,511DOM:55 / 38New:0Total:4
8 Beds
Avg:$1,925,000Median:$1,925,000Range:$1,925,000 – $1,925,000PSF:$396 / $396Sq Ft:4,861 / 4,861DOM:36 / 36New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $528,100 | $354,900 | $202,400 – $883,000 | $1,025 / $922 | 482 / 385 | 85 / 47 | 0 | 4 |
| 1 Beds | $501,216 | $459,900 | $225,000 – $1,650,000 | $656 / $631 | 764 / 768 | 80 / 57 | 11 | 158 |
| 2 Beds | $937,981 | $749,900 | $260,000 – $6,500,000 | $741 / $693 | 1,228 / 1,174 | 81 / 59 | 13 | 138 |
| 3 Beds | $1,363,988 | $950,000 | $370,000 – $8,500,000 | $676 / $483 | 1,984 / 2,004 | 88 / 69 | 3 | 58 |
| 4 Beds | $1,531,656 | $1,330,000 | $679,900 – $9,600,000 | $650 / $499 | 2,498 / 2,327 | 68 / 33 | 7 | 66 |
| 5 Beds | $1,831,200 | $1,549,900 | $950,000 – $2,449,900 | $412 / $432 | 4,523 / 4,511 | 55 / 38 | 0 | 4 |
| 8 Beds | $1,925,000 | $1,925,000 | $1,925,000 – $1,925,000 | $396 / $396 | 4,861 / 4,861 | 36 / 36 | 0 | 1 |
Rental Market Overview
Median Rent
$2,495
0.0%
Median DOM
59
−3.3%
New Listings
42
Inventory
322
−0.9%
- Average Rent: $3,177
- Median Rent: $2,495
- Rent Range: $350 – $9,329
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,251 / 885
- Square Footage Range: 300 – 4,728
- Days on Market (Avg/Median): 89 / 59
- Days on Market Range: 1 – 365
- New Listings: 42
- Total Listings: 322
Rentals by Property Type
Apartment
$1,690
Median DOM: 135
Inventory: 108
MoM: 0.0%
Condo
$2,495
Median DOM: 50
Inventory: 135
MoM: 0.0%
Single Family
$3,795
Median DOM: 8
Inventory: 49
MoM: 0.0%
Townhouse
$3,599
Median DOM: 51
Inventory: 24
MoM: 0.0%
Apartment
Avg/Median Rent$2,659 / $1,690Range$350 – $9,329Rent per Sq Ft$3 / $3Sq Ft994 / 647DOM142 / 135New5Total108
Condo
Avg/Median Rent$3,162 / $2,495Range$1,095 – $8,500Rent per Sq Ft$3 / $3Sq Ft1,026 / 868DOM70 / 50New16Total135
Multi-Family
Avg/Median Rent$4,430 / $2,995Range$2,900 – $6,995Rent per Sq Ft$3 / $3Sq Ft1,709 / 1,800DOM203 / 63New0Total6
Single Family
Avg/Median Rent$3,837 / $3,795Range$800 – $7,500Rent per Sq Ft$2 / $2Sq Ft1,903 / 2,002DOM42 / 8New18Total49
Townhouse
Avg/Median Rent$3,930 / $3,599Range$1,800 – $7,000Rent per Sq Ft$2 / $2Sq Ft2,130 / 1,804DOM73 / 51New3Total24
Rentals by Bedroom Count
Studio
Avg:$1,694Median:$1,608Range:$900 – $5,154PSF:$3 / $3Sq Ft:529 / 541DOM:159 / 128New:0Total:38
1 Beds
Avg:$2,043Median:$1,799Range:$895 – $6,473PSF:$3 / $3Sq Ft:718 / 703DOM:83 / 48New:19Total:111
2 Beds
Avg:$3,111Median:$2,495Range:$350 – $8,500PSF:$3 / $3Sq Ft:1,121 / 1,100DOM:91 / 62New:9Total:80
3 Beds
Avg:$4,392Median:$3,895Range:$2,100 – $7,000PSF:$2 / $2Sq Ft:1,971 / 1,900DOM:73 / 35New:8Total:41
4 Beds
Avg:$5,923Median:$5,995Range:$2,583 – $9,329PSF:$3 / $3Sq Ft:2,409 / 2,497DOM:83 / 61New:5Total:49
5 Beds
Avg:$2,800Median:$800Range:$800 – $4,800PSF:$1 / $0Sq Ft:2,492 / 2,184DOM:34 / 1New:1Total:2
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 | $1,694 | $1,608 | $900 – $5,154 | $3 / $3 | 529 / 541 | 159 / 128 | 0 | 38 |
| 1 Beds | $2,043 | $1,799 | $895 – $6,473 | $3 / $3 | 718 / 703 | 83 / 48 | 19 | 111 |
| 2 Beds | $3,111 | $2,495 | $350 – $8,500 | $3 / $3 | 1,121 / 1,100 | 91 / 62 | 9 | 80 |
| 3 Beds | $4,392 | $3,895 | $2,100 – $7,000 | $2 / $2 | 1,971 / 1,900 | 73 / 35 | 8 | 41 |
| 4 Beds | $5,923 | $5,995 | $2,583 – $9,329 | $3 / $3 | 2,409 / 2,497 | 83 / 61 | 5 | 49 |
| 5 Beds | $2,800 | $800 | $800 – $4,800 | $1 / $0 | 2,492 / 2,184 | 34 / 1 | 1 | 2 |
| 6 Beds | $6,995 | $6,995 | $6,995 – $6,995 | $2 / $2 | 3,999 / 3,999 | — | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$724,900Median DOM:66New:69Total:415
Nov 2025
Median Price:$674,900Median DOM:72New:77Total:436
Dec 2025
Median Price:$674,900Median DOM:83New:46Total:419
Jan 2026
Median Price:$659,900Median DOM:77New:101Total:425
Feb 2026
Median Price:$679,900Median DOM:54New:100Total:468
Mar 2026
Median Price:$680,000Median DOM:56New:34Total:435
6-Month Rental Trend
Oct 2025
Median Rent:$2,700Median DOM:46New:90Total:364
Nov 2025
Median Rent:$2,495Median DOM:55New:53Total:361
Dec 2025
Median Rent:$2,495Median DOM:63New:61Total:338
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:59New:42Total:322
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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