ZIP 37206 Housing Market Report

Nashville Metro

Report period: July 2026

37206 Monthly Market Update – July 2026

ZIP 37206 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$734,900
+1.4%
Median DOM (Sales)
40
−2.4%
New Listings (Sales)
24
−73.6%
Median Rent
$2,700
0.0%
Median DOM (Rental)
12
−25.0%
Total Rental Listings
176
+1.1%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Multi-Family (23 DOM)
  • Fastest renting: Condo (7 DOM)
  • Strongest bedroom: Studio ($4,300,000 median)

Sales Market Overview

Median Price
$734,900
+1.4%
Median DOM
40
−2.4%
New Listings
24
−73.6%
Inventory
340
−4.0%
  • Average Price: $859,244
  • Median Price: $734,900
  • Price Range: $145,000 – $5,400,000
  • Price per Sq Ft (Avg/Median): $395 / $363
  • Square Footage (Avg/Median): 2,245 / 2,196
  • Square Footage Range: 530 – 5,958
  • Days on Market (Avg/Median): 53 / 40
  • Days on Market Range: 1 – 260
  • New Listings: 24
  • Total Listings: 340

Sales by Property Type

Apartment
Avg/Median Price$362,467 / $318,500Range$299,000 – $469,900Price per Sq Ft$317 / $314Sq Ft1,149 / 1,024DOM80 / 116New0Total3
Condo
Avg/Median Price$524,910 / $475,000Range$285,000 – $1,100,000Price per Sq Ft$507 / $500Sq Ft1,063 / 1,012DOM80 / 71New0Total29
Land
Avg/Median Price$463,567 / $349,900Range$145,000 – $1,500,000Price per Sq FtSq FtDOM86 / 76New1Total18
Multi-Family
Avg/Median Price$774,988 / $525,000Range$420,000 – $2,350,000Price per Sq Ft$374 / $373Sq Ft1,962 / 1,449DOM44 / 23New0Total8
Single Family
Avg/Median Price$981,646 / $829,900Range$339,000 – $5,400,000Price per Sq Ft$396 / $370Sq Ft2,451 / 2,351DOM43 / 35New23Total227
Townhouse
Avg/Median Price$699,191 / $675,000Range$385,000 – $1,250,000Price per Sq Ft$337 / $322Sq Ft2,120 / 2,168DOM73 / 58New0Total55

Sales by Bedroom Count

Studio
Avg:$4,300,000Median:$4,300,000Range:$4,300,000 – $4,300,000PSF:Sq Ft:DOM:96 / 96New:0Total:1
1 Beds
Avg:$355,300Median:$318,500Range:$285,000 – $485,000PSF:$405 / $357Sq Ft:938 / 786DOM:73 / 51New:0Total:14
2 Beds
Avg:$506,110Median:$499,900Range:$339,000 – $888,850PSF:$458 / $439Sq Ft:1,165 / 1,055DOM:44 / 35New:5Total:43
3 Beds
Avg:$688,641Median:$650,000Range:$369,900 – $1,595,000PSF:$385 / $351Sq Ft:1,855 / 1,880DOM:55 / 41New:5Total:109
4 Beds
Avg:$1,041,383Median:$899,900Range:$450,000 – $5,400,000PSF:$380 / $349Sq Ft:2,709 / 2,640DOM:48 / 37New:9Total:122
5 Beds
Avg:$1,340,634Median:$1,249,000Range:$585,000 – $2,299,000PSF:$368 / $347Sq Ft:3,612 / 3,572DOM:59 / 38New:4Total:26
6 Beds
Avg:$2,468,940Median:$1,899,900Range:$875,000 – $3,999,900PSF:$491 / $379Sq Ft:4,751 / 5,016DOM:30 / 29New:0Total:5
7 Beds
Avg:$2,350,000Median:$2,350,000Range:$2,350,000 – $2,350,000PSF:$495 / $495Sq Ft:4,750 / 4,750DOM:134 / 134New:0Total:1
8 Beds
Avg:$1,100,000Median:$1,100,000Range:$1,100,000 – $1,100,000PSF:$500 / $500Sq Ft:2,200 / 2,200DOM:59 / 59New:0Total:1

Rental Market Overview

Median Rent
$2,700
0.0%
Median DOM
12
−25.0%
New Listings
42
Inventory
176
+1.1%
  • Average Rent: $2,848
  • Median Rent: $2,700
  • Rent Range: $900 – $10,000
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,553 / 1,496
  • Square Footage Range: 357 – 5,076
  • Days on Market (Avg/Median): 41 / 12
  • Days on Market Range: 1 – 360
  • New Listings: 42
  • Total Listings: 176

Rentals by Property Type

Apartment
$1,529
Median DOM: 131
Inventory: 26
MoM: 0.0%
Condo
$1,700
Median DOM: 7
Inventory: 26
MoM: 0.0%
Single Family
$3,200
Median DOM: 9
Inventory: 97
MoM: 0.0%
Townhouse
$2,950
Median DOM: 12
Inventory: 17
MoM: 0.0%
Apartment
Avg/Median Rent$2,140 / $1,529Range$900 – $5,728Rent per Sq Ft$2 / $2Sq Ft938 / 800DOM145 / 131New3Total26
Condo
Avg/Median Rent$1,981 / $1,700Range$1,340 – $3,900Rent per Sq Ft$2 / $2Sq Ft1,046 / 852DOM20 / 7New8Total26
Multi-Family
Avg/Median Rent$1,716 / $1,600Range$1,545 – $2,100Rent per Sq Ft$2 / $2Sq Ft856 / 785DOM42 / 34New0Total10
Single Family
Avg/Median Rent$3,367 / $3,200Range$1,200 – $10,000Rent per Sq Ft$2 / $2Sq Ft1,895 / 1,869DOM23 / 9New28Total97
Townhouse
Avg/Median Rent$2,966 / $2,950Range$1,550 – $5,600Rent per Sq Ft$2 / $2Sq Ft1,619 / 1,652DOM36 / 12New3Total17

Rentals by Bedroom Count

Studio
Avg:$1,580Median:$1,550Range:$1,143 – $2,000PSF:$3 / $2Sq Ft:601 / 580DOM:61 / 52New:1Total:4
1 Beds
Avg:$1,483Median:$1,425Range:$900 – $2,430PSF:$2 / $2Sq Ft:736 / 700DOM:73 / 29New:8Total:31
2 Beds
Avg:$2,186Median:$2,049Range:$1,200 – $5,628PSF:$2 / $2Sq Ft:1,025 / 919DOM:42 / 9New:9Total:46
3 Beds
Avg:$3,247Median:$3,200Range:$1,795 – $6,000PSF:$2 / $2Sq Ft:1,843 / 1,829DOM:37 / 16New:12Total:64
4 Beds
Avg:$4,354Median:$4,000Range:$2,350 – $7,500PSF:$2 / $2Sq Ft:2,479 / 2,508DOM:18 / 9New:11Total:30
6 Beds
Avg:$10,000Median:$10,000Range:$10,000 – $10,000PSF:$2 / $2Sq Ft:5,076 / 5,076DOM:11 / 11New:1Total:1

6-Month Sales Trend

Feb 2026
Median Price:$680,000Median DOM:47New:85Total:305
Mar 2026
Median Price:$719,000Median DOM:37New:89Total:271
Apr 2026
Median Price:$729,900Median DOM:29New:118Total:337
May 2026
Median Price:$725,000Median DOM:33New:100Total:353
Jun 2026
Median Price:$725,000Median DOM:41New:91Total:354
Jul 2026
Median Price:$734,900Median DOM:40New:24Total:340

6-Month Rental Trend

Feb 2026
Median Rent:$2,700Median DOM:32New:48Total:179
Mar 2026
Median Rent:$2,700Median DOM:27New:58Total:175
Apr 2026
Median Rent:$2,695Median DOM:23New:62Total:189
May 2026
Median Rent:$2,600Median DOM:19New:68Total:191
Jun 2026
Median Rent:$2,700Median DOM:16New:63Total:174
Jul 2026
Median Rent:$2,700Median DOM:12New:42Total:176

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, while total rental inventory increased.

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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