ZIP 37205 Housing Market Report
Nashville Metro
Report period: May 2026
37205 Monthly Market Update – May 2026
ZIP 37205 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$985,000
+1.1%
Median DOM (Sales)
33
+10.0%
New Listings (Sales)
31
−67.7%
Median Rent
$2,500
−16.7%
Median DOM (Rental)
35
0.0%
Total Rental Listings
54
−10.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Multi-Family (19 DOM)
- Fastest renting: Condo (20 DOM)
- Strongest bedroom: 7 Beds ($3,995,000 median)
Sales Market Overview
Median Price
$985,000
+1.1%
Median DOM
33
+10.0%
New Listings
31
−67.7%
Inventory
300
+3.1%
- Average Price: $1,722,194
- Median Price: $985,000
- Price Range: $134,900 – $9,865,000
- Price per Sq Ft (Avg/Median): $456 / $401
- Square Footage (Avg/Median): 3,245 / 2,735
- Square Footage Range: 524 – 9,765
- Days on Market (Avg/Median): 57 / 33
- Days on Market Range: 2 – 365
- New Listings: 31
- Total Listings: 300
Sales by Property Type
Condo
Avg/Median Price$638,216 / $420,000Range$134,900 – $4,995,000Price per Sq Ft$369 / $313Sq Ft1,536 / 1,405DOM69 / 47New3Total73
Land
Avg/Median Price$2,077,317 / $949,000Range$269,000 – $8,136,000Price per Sq Ft—Sq Ft—DOM67 / 44New1Total6
Multi-Family
Avg/Median Price$600,000 / $600,000Range$600,000 – $600,000Price per Sq Ft$313 / $313Sq Ft1,920 / 1,920DOM19 / 19New0Total1
Single Family
Avg/Median Price$2,305,626 / $1,575,000Range$330,000 – $9,865,000Price per Sq Ft$513 / $461Sq Ft4,099 / 3,743DOM51 / 28New24Total187
Townhouse
Avg/Median Price$783,406 / $539,000Range$285,000 – $2,699,000Price per Sq Ft$327 / $298Sq Ft2,224 / 1,971DOM65 / 40New3Total33
Sales by Bedroom Count
Studio
Avg:$134,900Median:$134,900Range:$134,900 – $134,900PSF:$257 / $257Sq Ft:524 / 524DOM:95 / 95New:0Total:1
1 Beds
Avg:$352,918Median:$339,000Range:$135,900 – $699,900PSF:$337 / $334Sq Ft:1,028 / 939DOM:82 / 42New:0Total:11
2 Beds
Avg:$712,107Median:$439,000Range:$269,000 – $4,995,000PSF:$389 / $318Sq Ft:1,630 / 1,424DOM:64 / 41New:3Total:65
3 Beds
Avg:$1,005,745Median:$824,900Range:$267,900 – $7,450,000PSF:$391 / $361Sq Ft:2,383 / 2,146DOM:48 / 27New:8Total:76
4 Beds
Avg:$1,865,757Median:$1,450,000Range:$285,000 – $9,865,000PSF:$475 / $414Sq Ft:3,691 / 3,700DOM:54 / 27New:11Total:73
5 Beds
Avg:$3,464,815Median:$3,000,000Range:$789,900 – $9,700,000PSF:$598 / $545Sq Ft:5,478 / 5,376DOM:55 / 28New:7Total:57
6 Beds
Avg:$4,034,237Median:$3,500,000Range:$1,650,000 – $7,999,999PSF:$574 / $488Sq Ft:6,605 / 5,970DOM:68 / 37New:0Total:8
7 Beds
Avg:$3,828,333Median:$3,995,000Range:$3,200,000 – $4,290,000PSF:$560 / $541Sq Ft:6,858 / 6,682DOM:74 / 67New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $134,900 | $134,900 | $134,900 – $134,900 | $257 / $257 | 524 / 524 | 95 / 95 | 0 | 1 |
| 1 Beds | $352,918 | $339,000 | $135,900 – $699,900 | $337 / $334 | 1,028 / 939 | 82 / 42 | 0 | 11 |
| 2 Beds | $712,107 | $439,000 | $269,000 – $4,995,000 | $389 / $318 | 1,630 / 1,424 | 64 / 41 | 3 | 65 |
| 3 Beds | $1,005,745 | $824,900 | $267,900 – $7,450,000 | $391 / $361 | 2,383 / 2,146 | 48 / 27 | 8 | 76 |
| 4 Beds | $1,865,757 | $1,450,000 | $285,000 – $9,865,000 | $475 / $414 | 3,691 / 3,700 | 54 / 27 | 11 | 73 |
| 5 Beds | $3,464,815 | $3,000,000 | $789,900 – $9,700,000 | $598 / $545 | 5,478 / 5,376 | 55 / 28 | 7 | 57 |
| 6 Beds | $4,034,237 | $3,500,000 | $1,650,000 – $7,999,999 | $574 / $488 | 6,605 / 5,970 | 68 / 37 | 0 | 8 |
| 7 Beds | $3,828,333 | $3,995,000 | $3,200,000 – $4,290,000 | $560 / $541 | 6,858 / 6,682 | 74 / 67 | 1 | 3 |
Rental Market Overview
Median Rent
$2,500
−16.7%
Median DOM
35
0.0%
New Listings
8
Inventory
54
−10.0%
- Average Rent: $3,949
- Median Rent: $2,500
- Rent Range: $895 – $10,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,984 / 1,500
- Square Footage Range: 500 – 5,191
- Days on Market (Avg/Median): 49 / 35
- Days on Market Range: 1 – 300
- New Listings: 8
- Total Listings: 54
Rentals by Property Type
Apartment
$1,395
Median DOM: 85
Inventory: 10
MoM: −16.7%
Condo
$2,200
Median DOM: 20
Inventory: 13
MoM: −16.7%
Single Family
$5,900
Median DOM: 21
Inventory: 20
MoM: −16.7%
Townhouse
$3,800
Median DOM: 35
Inventory: 6
MoM: −16.7%
Apartment
Avg/Median Rent$2,302 / $1,395Range$1,106 – $8,640Rent per Sq Ft$2 / $2Sq Ft1,150 / 720DOM135 / 85New1Total10
Condo
Avg/Median Rent$3,286 / $2,200Range$895 – $10,000Rent per Sq Ft$2 / $2Sq Ft1,918 / 1,433DOM25 / 20New2Total13
Multi-Family
Avg/Median Rent$2,494 / $2,095Range$1,700 – $3,500Rent per Sq Ft$3 / $2Sq Ft1,100 / 950DOM49 / 42New0Total5
Single Family
Avg/Median Rent$5,642 / $5,900Range$1,750 – $10,000Rent per Sq Ft$2 / $2Sq Ft2,631 / 2,500DOM40 / 21New4Total20
Townhouse
Avg/Median Rent$3,700 / $3,800Range$2,000 – $5,700Rent per Sq Ft$2 / $2Sq Ft2,082 / 2,028DOM33 / 35New1Total6
Rentals by Bedroom Count
1 Beds
Avg:$1,443Median:$1,352Range:$895 – $1,900PSF:$2 / $2Sq Ft:732 / 695DOM:45 / 1New:0Total:10
2 Beds
Avg:$2,121Median:$1,995Range:$1,650 – $3,300PSF:$2 / $2Sq Ft:1,207 / 1,053DOM:54 / 32New:1Total:16
3 Beds
Avg:$4,373Median:$3,800Range:$2,000 – $10,000PSF:$2 / $2Sq Ft:2,100 / 2,090DOM:37 / 42New:3Total:13
4 Beds
Avg:$7,253Median:$8,350Range:$2,000 – $10,000PSF:$3 / $2Sq Ft:3,303 / 3,742DOM:63 / 48New:3Total:12
5 Beds
Avg:$7,000Median:$8,000Range:$3,000 – $10,000PSF:$2 / $2Sq Ft:4,096 / 4,000DOM:30 / 36New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,443 | $1,352 | $895 – $1,900 | $2 / $2 | 732 / 695 | 45 / 1 | 0 | 10 |
| 2 Beds | $2,121 | $1,995 | $1,650 – $3,300 | $2 / $2 | 1,207 / 1,053 | 54 / 32 | 1 | 16 |
| 3 Beds | $4,373 | $3,800 | $2,000 – $10,000 | $2 / $2 | 2,100 / 2,090 | 37 / 42 | 3 | 13 |
| 4 Beds | $7,253 | $8,350 | $2,000 – $10,000 | $3 / $2 | 3,303 / 3,742 | 63 / 48 | 3 | 12 |
| 5 Beds | $7,000 | $8,000 | $3,000 – $10,000 | $2 / $2 | 4,096 / 4,000 | 30 / 36 | 1 | 3 |
6-Month Sales Trend
Dec 2025
Median Price:$1,200,000Median DOM:80New:34Total:293
Jan 2026
Median Price:$1,185,000Median DOM:80New:56Total:287
Feb 2026
Median Price:$1,150,000Median DOM:64New:47Total:273
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:$985,000Median DOM:33New:31Total:300
6-Month Rental Trend
Dec 2025
Median Rent:$2,750Median DOM:31New:27Total:76
Jan 2026
Median Rent:$2,600Median DOM:40New:22Total:77
Feb 2026
Median Rent:$2,600Median DOM:31New:23Total:75
Mar 2026
Median Rent:$2,900Median DOM:32New:16Total:67
Apr 2026
Median Rent:$3,000Median DOM:35New:13Total:60
May 2026
Median Rent:$2,500Median DOM:35New:8Total:54
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. 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.
370103701337014370153702237027370293703137032370353703637037370463704837049370513705537060370623706437066370673706937072370733707537076370803708237085+51 more
← Back to Nashville Metro