ZIP 37205 Housing Market Report
Nashville Metro
Report period: August 2026
37205 Monthly Market Update – August 2026
ZIP 37205 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$1,000,000
−9.1%
Median DOM (Sales)
50
−10.7%
New Listings (Sales)
21
−66.1%
Median Rent
$2,595
−0.2%
Median DOM (Rental)
28
+40.0%
Total Rental Listings
53
−7.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Land (35 DOM)
- Fastest renting: Townhouse (7 DOM)
- Strongest bedroom: 6 Beds ($4,499,000 median)
Sales Market Overview
Median Price
$1,000,000
−9.1%
Median DOM
50
−10.7%
New Listings
21
−66.1%
Inventory
297
+1.0%
- Average Price: $1,751,715
- Median Price: $1,000,000
- Price Range: $119,900 – $8,900,000
- Price per Sq Ft (Avg/Median): $461 / $395
- Square Footage (Avg/Median): 3,248 / 2,740
- Square Footage Range: 524 – 9,765
- Days on Market (Avg/Median): 67 / 50
- Days on Market Range: 1 – 319
- New Listings: 21
- Total Listings: 297
Sales by Property Type
Condo
Avg/Median Price$713,686 / $397,000Range$119,900 – $7,600,000Price per Sq Ft$368 / $309Sq Ft1,578 / 1,404DOM87 / 77New4Total73
Land
Avg/Median Price$1,798,040 / $995,900Range$239,000 – $8,136,000Price per Sq Ft—Sq Ft—DOM74 / 35New0Total10
Single Family
Avg/Median Price$2,325,653 / $1,550,000Range$315,000 – $8,900,000Price per Sq Ft$522 / $464Sq Ft4,080 / 3,683DOM59 / 47New14Total184
Townhouse
Avg/Median Price$741,993 / $575,000Range$265,000 – $2,449,995Price per Sq Ft$317 / $291Sq Ft2,203 / 1,916DOM64 / 40New3Total30
Sales by Bedroom Count
Studio
Avg:$119,900Median:$119,900Range:$119,900 – $119,900PSF:$229 / $229Sq Ft:524 / 524DOM:47 / 47New:0Total:1
1 Beds
Avg:$348,246Median:$315,000Range:$215,000 – $599,000PSF:$331 / $326Sq Ft:1,057 / 1,002DOM:87 / 47New:1Total:13
2 Beds
Avg:$660,652Median:$439,000Range:$249,000 – $4,490,000PSF:$379 / $318Sq Ft:1,565 / 1,404DOM:82 / 67New:5Total:62
3 Beds
Avg:$1,083,119Median:$835,000Range:$240,000 – $7,450,000PSF:$408 / $369Sq Ft:2,436 / 2,290DOM:60 / 49New:6Total:73
4 Beds
Avg:$1,944,224Median:$1,449,900Range:$272,800 – $8,895,000PSF:$475 / $406Sq Ft:3,705 / 3,640DOM:62 / 46New:6Total:72
5 Beds
Avg:$3,478,774Median:$3,399,900Range:$749,900 – $8,900,000PSF:$610 / $604Sq Ft:5,489 / 5,443DOM:61 / 46New:3Total:59
6 Beds
Avg:$5,094,400Median:$4,499,000Range:$3,598,000 – $6,950,000PSF:$671 / $615Sq Ft:7,647 / 7,862DOM:56 / 47New:0Total:5
7 Beds
Avg:$3,450,000Median:$3,400,000Range:$3,400,000 – $3,500,000PSF:$491 / $474Sq Ft:7,036 / 6,682DOM:65 / 31New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $119,900 | $119,900 | $119,900 – $119,900 | $229 / $229 | 524 / 524 | 47 / 47 | 0 | 1 |
| 1 Beds | $348,246 | $315,000 | $215,000 – $599,000 | $331 / $326 | 1,057 / 1,002 | 87 / 47 | 1 | 13 |
| 2 Beds | $660,652 | $439,000 | $249,000 – $4,490,000 | $379 / $318 | 1,565 / 1,404 | 82 / 67 | 5 | 62 |
| 3 Beds | $1,083,119 | $835,000 | $240,000 – $7,450,000 | $408 / $369 | 2,436 / 2,290 | 60 / 49 | 6 | 73 |
| 4 Beds | $1,944,224 | $1,449,900 | $272,800 – $8,895,000 | $475 / $406 | 3,705 / 3,640 | 62 / 46 | 6 | 72 |
| 5 Beds | $3,478,774 | $3,399,900 | $749,900 – $8,900,000 | $610 / $604 | 5,489 / 5,443 | 61 / 46 | 3 | 59 |
| 6 Beds | $5,094,400 | $4,499,000 | $3,598,000 – $6,950,000 | $671 / $615 | 7,647 / 7,862 | 56 / 47 | 0 | 5 |
| 7 Beds | $3,450,000 | $3,400,000 | $3,400,000 – $3,500,000 | $491 / $474 | 7,036 / 6,682 | 65 / 31 | 0 | 2 |
Rental Market Overview
Median Rent
$2,595
−0.2%
Median DOM
28
+40.0%
New Listings
8
Inventory
53
−7.0%
- Average Rent: $3,522
- Median Rent: $2,595
- Rent Range: $1,150 – $9,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,886 / 1,472
- Square Footage Range: 480 – 5,191
- Days on Market (Avg/Median): 48 / 28
- Days on Market Range: 1 – 281
- New Listings: 8
- Total Listings: 53
Rentals by Property Type
Apartment
$1,584
Median DOM: 32
Inventory: 13
MoM: −0.2%
Condo
$1,895
Median DOM: 20
Inventory: 11
MoM: −0.2%
Single Family
$4,100
Median DOM: 20
Inventory: 25
MoM: −0.2%
Townhouse
$1,975
Median DOM: 7
Inventory: 2
MoM: −0.2%
Apartment
Avg/Median Rent$2,550 / $1,584Range$1,199 – $8,361Rent per Sq Ft$2 / $2Sq Ft1,251 / 796DOM106 / 32New1Total13
Condo
Avg/Median Rent$2,185 / $1,895Range$1,400 – $3,800Rent per Sq Ft$2 / $2Sq Ft1,364 / 1,138DOM31 / 20New3Total11
Multi-Family
Avg/Median Rent$2,100 / $1,900Range$1,900 – $2,300Rent per Sq Ft$2 / $1Sq Ft1,341 / 982DOM53 / 50New0Total2
Single Family
Avg/Median Rent$4,834 / $4,100Range$1,150 – $9,000Rent per Sq Ft$2 / $2Sq Ft2,476 / 2,229DOM39 / 20New4Total25
Townhouse
Avg/Median Rent$2,230 / $1,975Range$1,975 – $2,485Rent per Sq Ft$2 / $1Sq Ft1,472 / 1,472DOM18 / 7New0Total2
Rentals by Bedroom Count
1 Beds
Avg:$1,464Median:$1,400Range:$1,150 – $1,900PSF:$2 / $2Sq Ft:718 / 720DOM:73 / 28New:0Total:13
2 Beds
Avg:$2,571Median:$1,995Range:$1,795 – $5,500PSF:$2 / $2Sq Ft:1,246 / 1,138DOM:21 / 13New:4Total:12
3 Beds
Avg:$3,535Median:$3,199Range:$2,200 – $8,150PSF:$2 / $2Sq Ft:2,054 / 1,775DOM:28 / 9New:4Total:16
4 Beds
Avg:$6,476Median:$5,900Range:$1,975 – $9,000PSF:$2 / $2Sq Ft:3,255 / 3,241DOM:81 / 41New:0Total:11
5 Beds
Avg:$8,995Median:$8,995Range:$8,995 – $8,995PSF:$2 / $2Sq Ft:5,191 / 5,191DOM:83 / 83New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,464 | $1,400 | $1,150 – $1,900 | $2 / $2 | 718 / 720 | 73 / 28 | 0 | 13 |
| 2 Beds | $2,571 | $1,995 | $1,795 – $5,500 | $2 / $2 | 1,246 / 1,138 | 21 / 13 | 4 | 12 |
| 3 Beds | $3,535 | $3,199 | $2,200 – $8,150 | $2 / $2 | 2,054 / 1,775 | 28 / 9 | 4 | 16 |
| 4 Beds | $6,476 | $5,900 | $1,975 – $9,000 | $2 / $2 | 3,255 / 3,241 | 81 / 41 | 0 | 11 |
| 5 Beds | $8,995 | $8,995 | $8,995 – $8,995 | $2 / $2 | 5,191 / 5,191 | 83 / 83 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$1,095,000Median DOM:42New:84Total:242
Apr 2026
Median Price:$974,000Median DOM:30New:96Total:291
May 2026
Median Price:$1,099,000Median DOM:40New:79Total:298
Jun 2026
Median Price:$1,125,000Median DOM:49New:69Total:303
Jul 2026
Median Price:$1,100,000Median DOM:56New:62Total:294
Aug 2026
Median Price:$1,000,000Median DOM:50New:21Total:297
6-Month Rental Trend
Mar 2026
Median Rent:$2,900Median DOM:32New:16Total:67
Apr 2026
Median Rent:$3,000Median DOM:35New:13Total:60
May 2026
Median Rent:$3,300Median DOM:20New:20Total:54
Jun 2026
Median Rent:$2,600Median DOM:17New:21Total:58
Jul 2026
Median Rent:$2,600Median DOM:20New:22Total:57
Aug 2026
Median Rent:$2,595Median DOM:28New:8Total:53
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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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