ZIP 37204 Housing Market Report
Nashville Metro
Report period: March 2026
37204 Monthly Market Update – March 2026
ZIP 37204 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$1,125,000
−2.2%
Median DOM (Sales)
57
0.0%
New Listings (Sales)
11
−67.6%
Median Rent
$2,180
−1.9%
Median DOM (Rental)
29
−3.3%
Total Rental Listings
84
0.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents softened.
What's Moving Fastest
- Fastest selling: Multi-Family (5 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 5 Beds ($2,950,000 median)
Sales Market Overview
Median Price
$1,125,000
−2.2%
Median DOM
57
0.0%
New Listings
11
−67.6%
Inventory
143
−4.0%
- Average Price: $1,413,262
- Median Price: $1,125,000
- Price Range: $190,000 – $5,499,000
- Price per Sq Ft (Avg/Median): $461 / $427
- Square Footage (Avg/Median): 2,954 / 2,485
- Square Footage Range: 418 – 12,962
- Days on Market (Avg/Median): 76 / 57
- Days on Market Range: 2 – 358
- New Listings: 11
- Total Listings: 143
Sales by Property Type
Condo
Avg/Median Price$379,792 / $357,400Range$190,000 – $675,000Price per Sq Ft$428 / $388Sq Ft949 / 888DOM72 / 56New1Total20
Land
Avg/Median Price$1,399,933 / $1,399,933Range$1,399,933 – $1,399,933Price per Sq Ft—Sq Ft—DOM8 / 8New1Total1
Multi-Family
Avg/Median Price$1,541,667 / $1,350,000Range$875,000 – $2,400,000Price per Sq Ft$553 / $608Sq Ft2,839 / 3,410DOM63 / 5New1Total3
Single Family
Avg/Median Price$1,807,405 / $1,399,999Range$194,900 – $5,499,000Price per Sq Ft$495 / $463Sq Ft3,580 / 3,007DOM76 / 62New7Total93
Townhouse
Avg/Median Price$784,115 / $724,900Range$414,900 – $1,450,000Price per Sq Ft$353 / $341Sq Ft2,271 / 2,028DOM86 / 33New1Total26
Sales by Bedroom Count
Studio
Avg:$269,950Median:$240,000Range:$240,000 – $299,900PSF:$646 / $574Sq Ft:418 / 418DOM:89 / 10New:1Total:2
1 Beds
Avg:$287,850Median:$245,000Range:$190,000 – $428,000PSF:$400 / $370Sq Ft:743 / 671DOM:59 / 48New:1Total:12
2 Beds
Avg:$513,337Median:$505,000Range:$399,000 – $650,000PSF:$395 / $388Sq Ft:1,319 / 1,274DOM:51 / 34New:1Total:15
3 Beds
Avg:$877,830Median:$850,000Range:$499,900 – $1,800,000PSF:$447 / $400Sq Ft:2,067 / 2,057DOM:74 / 64New:2Total:31
4 Beds
Avg:$1,412,651Median:$1,350,000Range:$709,000 – $2,750,000PSF:$446 / $443Sq Ft:3,167 / 3,002DOM:80 / 53New:3Total:49
5 Beds
Avg:$2,812,876Median:$2,950,000Range:$895,000 – $5,499,000PSF:$552 / $550Sq Ft:5,028 / 5,059DOM:81 / 76New:2Total:25
6 Beds
Avg:$2,780,975Median:$2,399,999Range:$1,050,000 – $5,199,900PSF:$487 / $431Sq Ft:5,618 / 5,536DOM:128 / 96New:0Total:8
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $269,950 | $240,000 | $240,000 – $299,900 | $646 / $574 | 418 / 418 | 89 / 10 | 1 | 2 |
| 1 Beds | $287,850 | $245,000 | $190,000 – $428,000 | $400 / $370 | 743 / 671 | 59 / 48 | 1 | 12 |
| 2 Beds | $513,337 | $505,000 | $399,000 – $650,000 | $395 / $388 | 1,319 / 1,274 | 51 / 34 | 1 | 15 |
| 3 Beds | $877,830 | $850,000 | $499,900 – $1,800,000 | $447 / $400 | 2,067 / 2,057 | 74 / 64 | 2 | 31 |
| 4 Beds | $1,412,651 | $1,350,000 | $709,000 – $2,750,000 | $446 / $443 | 3,167 / 3,002 | 80 / 53 | 3 | 49 |
| 5 Beds | $2,812,876 | $2,950,000 | $895,000 – $5,499,000 | $552 / $550 | 5,028 / 5,059 | 81 / 76 | 2 | 25 |
| 6 Beds | $2,780,975 | $2,399,999 | $1,050,000 – $5,199,900 | $487 / $431 | 5,618 / 5,536 | 128 / 96 | 0 | 8 |
Rental Market Overview
Median Rent
$2,180
−1.9%
Median DOM
29
−3.3%
New Listings
11
Inventory
84
0.0%
- Average Rent: $3,024
- Median Rent: $2,180
- Rent Range: $950 – $9,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,500 / 1,152
- Square Footage Range: 418 – 6,148
- Days on Market (Avg/Median): 64 / 29
- Days on Market Range: 1 – 353
- New Listings: 11
- Total Listings: 84
Rentals by Property Type
Apartment
$1,415
Median DOM: 82
Inventory: 16
MoM: −1.9%
Condo
$2,100
Median DOM: 1
Inventory: 23
MoM: −1.9%
Single Family
$4,000
Median DOM: 21
Inventory: 28
MoM: −1.9%
Townhouse
$2,650
Median DOM: 29
Inventory: 12
MoM: −1.9%
Apartment
Avg/Median Rent$1,510 / $1,415Range$1,154 – $1,990Rent per Sq Ft$2 / $2Sq Ft717 / 650DOM148 / 82New0Total16
Condo
Avg/Median Rent$2,147 / $2,100Range$1,195 – $2,950Rent per Sq Ft$2 / $2Sq Ft1,011 / 888DOM47 / 1New4Total23
Multi-Family
Avg/Median Rent$2,730 / $1,900Range$1,800 – $6,200Rent per Sq Ft$2 / $2Sq Ft1,525 / 1,056DOM96 / 85New0Total5
Single Family
Avg/Median Rent$4,599 / $4,000Range$950 – $9,500Rent per Sq Ft$2 / $2Sq Ft2,274 / 2,010DOM43 / 21New7Total28
Townhouse
Avg/Median Rent$3,170 / $2,650Range$1,850 – $5,000Rent per Sq Ft$2 / $2Sq Ft1,600 / 1,333DOM60 / 29New0Total12
Rentals by Bedroom Count
Studio
Avg:$1,370Median:$1,286Range:$1,286 – $1,455PSF:$3 / $2Sq Ft:528 / 503DOM:—New:0Total:2
1 Beds
Avg:$1,693Median:$1,600Range:$950 – $2,495PSF:$2 / $2Sq Ft:723 / 700DOM:80 / 49New:4Total:26
2 Beds
Avg:$2,281Median:$2,100Range:$1,650 – $3,800PSF:$2 / $2Sq Ft:1,157 / 1,144DOM:75 / 46New:3Total:27
3 Beds
Avg:$3,141Median:$2,900Range:$2,100 – $5,800PSF:$2 / $2Sq Ft:1,605 / 1,584DOM:25 / 26New:1Total:7
4 Beds
Avg:$5,140Median:$4,900Range:$2,499 – $8,500PSF:$2 / $2Sq Ft:2,738 / 2,500DOM:51 / 29New:3Total:18
5 Beds
Avg:$8,233Median:$9,000Range:$6,200 – $9,500PSF:$2 / $2Sq Ft:3,695 / 3,400DOM:58 / 21New:0Total:3
6 Beds
Avg:$6,450Median:$6,450Range:$6,450 – $6,450PSF:$2 / $2Sq Ft:2,950 / 2,950DOM:63 / 63New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,370 | $1,286 | $1,286 – $1,455 | $3 / $2 | 528 / 503 | — | 0 | 2 |
| 1 Beds | $1,693 | $1,600 | $950 – $2,495 | $2 / $2 | 723 / 700 | 80 / 49 | 4 | 26 |
| 2 Beds | $2,281 | $2,100 | $1,650 – $3,800 | $2 / $2 | 1,157 / 1,144 | 75 / 46 | 3 | 27 |
| 3 Beds | $3,141 | $2,900 | $2,100 – $5,800 | $2 / $2 | 1,605 / 1,584 | 25 / 26 | 1 | 7 |
| 4 Beds | $5,140 | $4,900 | $2,499 – $8,500 | $2 / $2 | 2,738 / 2,500 | 51 / 29 | 3 | 18 |
| 5 Beds | $8,233 | $9,000 | $6,200 – $9,500 | $2 / $2 | 3,695 / 3,400 | 58 / 21 | 0 | 3 |
| 6 Beds | $6,450 | $6,450 | $6,450 – $6,450 | $2 / $2 | 2,950 / 2,950 | 63 / 63 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$1,200,000Median DOM:63New:39Total:204
Nov 2025
Median Price:$1,200,000Median DOM:68New:30Total:189
Dec 2025
Median Price:$1,199,000Median DOM:82New:18Total:168
Jan 2026
Median Price:$1,205,000Median DOM:79New:36Total:159
Feb 2026
Median Price:$1,150,000Median DOM:57New:34Total:149
Mar 2026
Median Price:$1,125,000Median DOM:57New:11Total:143
6-Month Rental Trend
Oct 2025
Median Rent:$2,950Median DOM:35New:25Total:97
Nov 2025
Median Rent:$2,760Median DOM:39New:18Total:87
Dec 2025
Median Rent:$2,700Median DOM:55New:18Total:87
Jan 2026
Median Rent:$2,495Median DOM:40New:25Total:85
Feb 2026
Median Rent:$2,222Median DOM:30New:20Total:84
Mar 2026
Median Rent:$2,180Median DOM:29New:11Total:84
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market were unchanged, signaling steady buyer activity. Rental pricing eased, 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.
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