ZIP 37206 Housing Market Report
Nashville Metro
Report period: August 2026
37206 Monthly Market Update – August 2026
ZIP 37206 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$695,000
−0.7%
Median DOM (Sales)
47
0.0%
New Listings (Sales)
26
−71.4%
Median Rent
$2,600
−3.7%
Median DOM (Rental)
10
−9.1%
Total Rental Listings
194
+4.3%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Apartment (17 DOM)
- Fastest renting: Single Family (7 DOM)
- Strongest bedroom: Studio ($4,300,000 median)
Sales Market Overview
Median Price
$695,000
−0.7%
Median DOM
47
0.0%
New Listings
26
−71.4%
Inventory
350
+2.3%
- Average Price: $836,805
- Median Price: $695,000
- Price Range: $139,000 – $5,400,000
- Price per Sq Ft (Avg/Median): $399 / $362
- Square Footage (Avg/Median): 2,170 / 2,145
- Square Footage Range: 530 – 5,890
- Days on Market (Avg/Median): 58 / 47
- Days on Market Range: 1 – 282
- New Listings: 26
- Total Listings: 350
Sales by Property Type
Apartment
Avg/Median Price$348,075 / $318,500Range$299,000 – $449,900Price per Sq Ft$319 / $300Sq Ft1,102 / 962DOM53 / 17New0Total4
Condo
Avg/Median Price$498,984 / $435,000Range$285,000 – $1,060,000Price per Sq Ft$495 / $426Sq Ft1,036 / 980DOM79 / 52New0Total34
Land
Avg/Median Price$451,747 / $350,000Range$139,000 – $1,500,000Price per Sq Ft—Sq Ft—DOM100 / 106New0Total19
Multi-Family
Avg/Median Price$879,990 / $595,000Range$474,900 – $2,250,000Price per Sq Ft$371 / $341Sq Ft2,363 / 1,742DOM35 / 24New1Total10
Single Family
Avg/Median Price$954,537 / $779,000Range$299,900 – $5,400,000Price per Sq Ft$403 / $370Sq Ft2,354 / 2,293DOM49 / 39New22Total232
Townhouse
Avg/Median Price$699,770 / $699,000Range$349,000 – $1,250,000Price per Sq Ft$328 / $322Sq Ft2,138 / 2,200DOM76 / 58New3Total51
Sales by Bedroom Count
Studio
Avg:$4,300,000Median:$4,300,000Range:$4,300,000 – $4,300,000PSF:—Sq Ft:—DOM:127 / 127New:0Total:1
1 Beds
Avg:$369,120Median:$326,000Range:$285,000 – $599,900PSF:$423 / $380Sq Ft:923 / 825DOM:72 / 51New:0Total:20
2 Beds
Avg:$488,950Median:$465,000Range:$299,900 – $888,850PSF:$444 / $426Sq Ft:1,143 / 1,056DOM:46 / 35New:5Total:47
3 Beds
Avg:$671,510Median:$649,000Range:$359,900 – $1,595,000PSF:$385 / $351Sq Ft:1,822 / 1,832DOM:53 / 35New:11Total:110
4 Beds
Avg:$1,014,949Median:$949,000Range:$375,000 – $5,400,000PSF:$386 / $349Sq Ft:2,629 / 2,618DOM:57 / 48New:7Total:119
5 Beds
Avg:$1,448,496Median:$1,249,900Range:$565,000 – $2,600,000PSF:$390 / $347Sq Ft:3,652 / 3,585DOM:67 / 40New:2Total:26
6 Beds
Avg:$2,867,425Median:$1,899,900Range:$1,599,900 – $3,999,900PSF:$532 / $379Sq Ft:5,264 / 5,016DOM:60 / 60New:0Total:4
7 Beds
Avg:$2,250,000Median:$2,250,000Range:$2,250,000 – $2,250,000PSF:$474 / $474Sq Ft:4,750 / 4,750DOM:13 / 13New:0Total:1
8 Beds
Avg:$1,203,333Median:$1,060,000Range:$950,000 – $1,600,000PSF:$385 / $341Sq Ft:3,310 / 2,784DOM:20 / 24New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $4,300,000 | $4,300,000 | $4,300,000 – $4,300,000 | — | — | 127 / 127 | 0 | 1 |
| 1 Beds | $369,120 | $326,000 | $285,000 – $599,900 | $423 / $380 | 923 / 825 | 72 / 51 | 0 | 20 |
| 2 Beds | $488,950 | $465,000 | $299,900 – $888,850 | $444 / $426 | 1,143 / 1,056 | 46 / 35 | 5 | 47 |
| 3 Beds | $671,510 | $649,000 | $359,900 – $1,595,000 | $385 / $351 | 1,822 / 1,832 | 53 / 35 | 11 | 110 |
| 4 Beds | $1,014,949 | $949,000 | $375,000 – $5,400,000 | $386 / $349 | 2,629 / 2,618 | 57 / 48 | 7 | 119 |
| 5 Beds | $1,448,496 | $1,249,900 | $565,000 – $2,600,000 | $390 / $347 | 3,652 / 3,585 | 67 / 40 | 2 | 26 |
| 6 Beds | $2,867,425 | $1,899,900 | $1,599,900 – $3,999,900 | $532 / $379 | 5,264 / 5,016 | 60 / 60 | 0 | 4 |
| 7 Beds | $2,250,000 | $2,250,000 | $2,250,000 – $2,250,000 | $474 / $474 | 4,750 / 4,750 | 13 / 13 | 0 | 1 |
| 8 Beds | $1,203,333 | $1,060,000 | $950,000 – $1,600,000 | $385 / $341 | 3,310 / 2,784 | 20 / 24 | 1 | 3 |
Rental Market Overview
Median Rent
$2,600
−3.7%
Median DOM
10
−9.1%
New Listings
50
Inventory
194
+4.3%
- Average Rent: $2,803
- Median Rent: $2,600
- Rent Range: $900 – $9,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,518 / 1,308
- Square Footage Range: 357 – 5,076
- Days on Market (Avg/Median): 41 / 10
- Days on Market Range: 1 – 320
- New Listings: 50
- Total Listings: 194
Rentals by Property Type
Apartment
$1,534
Median DOM: 143
Inventory: 30
MoM: −3.7%
Condo
$1,795
Median DOM: 10
Inventory: 32
MoM: −3.7%
Single Family
$2,995
Median DOM: 7
Inventory: 107
MoM: −3.7%
Townhouse
$3,500
Median DOM: 13
Inventory: 12
MoM: −3.7%
Apartment
Avg/Median Rent$1,912 / $1,534Range$900 – $5,278Rent per Sq Ft$2 / $2Sq Ft928 / 700DOM138 / 143New4Total30
Condo
Avg/Median Rent$2,291 / $1,795Range$1,100 – $5,000Rent per Sq Ft$2 / $2Sq Ft1,167 / 852DOM23 / 10New10Total32
Multi-Family
Avg/Median Rent$1,788 / $1,700Range$1,550 – $2,450Rent per Sq Ft$2 / $2Sq Ft855 / 775DOM31 / 10New6Total13
Single Family
Avg/Median Rent$3,271 / $2,995Range$1,200 – $9,500Rent per Sq Ft$2 / $2Sq Ft1,821 / 1,800DOM23 / 7New27Total107
Townhouse
Avg/Median Rent$3,316 / $3,500Range$1,720 – $5,600Rent per Sq Ft$2 / $2Sq Ft1,853 / 2,006DOM45 / 13New3Total12
Rentals by Bedroom Count
Studio
Avg:$1,542Median:$1,603Range:$1,143 – $2,000PSF:$3 / $3Sq Ft:601 / 607DOM:48 / 8New:2Total:7
1 Beds
Avg:$1,494Median:$1,400Range:$900 – $2,700PSF:$2 / $2Sq Ft:721 / 700DOM:61 / 27New:9Total:37
2 Beds
Avg:$2,131Median:$1,995Range:$1,200 – $4,600PSF:$2 / $2Sq Ft:987 / 828DOM:41 / 5New:15Total:49
3 Beds
Avg:$3,197Median:$3,150Range:$1,900 – $6,000PSF:$2 / $2Sq Ft:1,759 / 1,800DOM:39 / 9New:14Total:59
4 Beds
Avg:$4,260Median:$4,099Range:$2,350 – $6,900PSF:$2 / $2Sq Ft:2,473 / 2,508DOM:26 / 9New:9Total:37
5 Beds
Avg:$4,374Median:$4,500Range:$1,100 – $6,495PSF:$2 / $2Sq Ft:3,295 / 3,412DOM:16 / 11New:1Total:4
6 Beds
Avg:$9,500Median:$9,500Range:$9,500 – $9,500PSF:$2 / $2Sq Ft:5,076 / 5,076DOM:42 / 42New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,542 | $1,603 | $1,143 – $2,000 | $3 / $3 | 601 / 607 | 48 / 8 | 2 | 7 |
| 1 Beds | $1,494 | $1,400 | $900 – $2,700 | $2 / $2 | 721 / 700 | 61 / 27 | 9 | 37 |
| 2 Beds | $2,131 | $1,995 | $1,200 – $4,600 | $2 / $2 | 987 / 828 | 41 / 5 | 15 | 49 |
| 3 Beds | $3,197 | $3,150 | $1,900 – $6,000 | $2 / $2 | 1,759 / 1,800 | 39 / 9 | 14 | 59 |
| 4 Beds | $4,260 | $4,099 | $2,350 – $6,900 | $2 / $2 | 2,473 / 2,508 | 26 / 9 | 9 | 37 |
| 5 Beds | $4,374 | $4,500 | $1,100 – $6,495 | $2 / $2 | 3,295 / 3,412 | 16 / 11 | 1 | 4 |
| 6 Beds | $9,500 | $9,500 | $9,500 – $9,500 | $2 / $2 | 5,076 / 5,076 | 42 / 42 | 0 | 1 |
6-Month Sales Trend
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:$699,900Median DOM:47New:91Total:342
Aug 2026
Median Price:$695,000Median DOM:47New:26Total:350
6-Month Rental Trend
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:11New:85Total:186
Aug 2026
Median Rent:$2,600Median DOM:10New:50Total:194
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing eased, 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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