ZIP 37206 Housing Market Report
Nashville Metro
Report period: March 2026
37206 Monthly Market Update – March 2026
ZIP 37206 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$669,900
−1.5%
Median DOM (Sales)
35
−25.5%
New Listings (Sales)
25
−70.6%
Median Rent
$2,695
−0.2%
Median DOM (Rental)
30
−6.3%
Total Rental Listings
175
−2.2%
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: Apartment (31 DOM)
- Fastest renting: Single Family (14 DOM)
- Strongest bedroom: 7 Beds ($2,499,000 median)
Sales Market Overview
Median Price
$669,900
−1.5%
Median DOM
35
−25.5%
New Listings
25
−70.6%
Inventory
275
−9.8%
- Average Price: $814,773
- Median Price: $669,900
- Price Range: $200,000 – $3,400,000
- Price per Sq Ft (Avg/Median): $392 / $364
- Square Footage (Avg/Median): 2,147 / 2,103
- Square Footage Range: 672 – 5,403
- Days on Market (Avg/Median): 61 / 35
- Days on Market Range: 2 – 351
- New Listings: 25
- Total Listings: 275
Sales by Property Type
Apartment
Avg/Median Price$434,841 / $388,990Range$325,000 – $699,900Price per Sq Ft$349 / $344Sq Ft1,258 / 1,048DOM41 / 31New2Total7
Condo
Avg/Median Price$543,390 / $520,000Range$294,900 – $880,850Price per Sq Ft$510 / $479Sq Ft1,138 / 934DOM83 / 34New2Total20
Land
Avg/Median Price$711,908 / $400,000Range$200,000 – $2,200,000Price per Sq Ft—Sq Ft—DOM69 / 49New1Total12
Multi-Family
Avg/Median Price$879,492 / $625,000Range$415,000 – $2,499,000Price per Sq Ft$356 / $328Sq Ft2,517 / 1,742DOM66 / 40New0Total12
Single Family
Avg/Median Price$898,479 / $750,000Range$249,000 – $3,400,000Price per Sq Ft$391 / $369Sq Ft2,329 / 2,249DOM54 / 32New17Total179
Townhouse
Avg/Median Price$671,699 / $644,500Range$275,000 – $1,250,000Price per Sq Ft$358 / $349Sq Ft1,914 / 2,080DOM79 / 51New3Total45
Sales by Bedroom Count
Studio
Avg:$275,000Median:$275,000Range:$275,000 – $275,000PSF:$178 / $178Sq Ft:1,545 / 1,545DOM:25 / 25New:0Total:1
1 Beds
Avg:$404,803Median:$375,000Range:$294,900 – $649,900PSF:$473 / $421Sq Ft:886 / 785DOM:66 / 28New:5Total:17
2 Beds
Avg:$513,981Median:$465,000Range:$249,000 – $1,500,000PSF:$445 / $422Sq Ft:1,224 / 1,048DOM:57 / 28New:1Total:39
3 Beds
Avg:$680,542Median:$615,000Range:$299,000 – $2,700,000PSF:$376 / $351Sq Ft:1,864 / 1,850DOM:59 / 35New:8Total:94
4 Beds
Avg:$1,000,679Median:$875,000Range:$424,900 – $3,400,000PSF:$376 / $349Sq Ft:2,625 / 2,500DOM:66 / 35New:7Total:82
5 Beds
Avg:$1,357,274Median:$1,385,000Range:$415,000 – $2,575,000PSF:$384 / $368Sq Ft:3,460 / 3,552DOM:59 / 56New:2Total:23
6 Beds
Avg:$1,224,967Median:$1,200,000Range:$825,000 – $1,649,900PSF:$309 / $307Sq Ft:3,955 / 4,433DOM:58 / 64New:1Total:3
7 Beds
Avg:$2,149,667Median:$2,499,000Range:$1,250,000 – $2,700,000PSF:$451 / $500Sq Ft:4,654 / 4,750DOM:45 / 29New:0Total:3
8 Beds
Avg:$950,000Median:$950,000Range:$950,000 – $950,000PSF:$297 / $297Sq Ft:3,199 / 3,199DOM:14 / 14New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $275,000 | $275,000 | $275,000 – $275,000 | $178 / $178 | 1,545 / 1,545 | 25 / 25 | 0 | 1 |
| 1 Beds | $404,803 | $375,000 | $294,900 – $649,900 | $473 / $421 | 886 / 785 | 66 / 28 | 5 | 17 |
| 2 Beds | $513,981 | $465,000 | $249,000 – $1,500,000 | $445 / $422 | 1,224 / 1,048 | 57 / 28 | 1 | 39 |
| 3 Beds | $680,542 | $615,000 | $299,000 – $2,700,000 | $376 / $351 | 1,864 / 1,850 | 59 / 35 | 8 | 94 |
| 4 Beds | $1,000,679 | $875,000 | $424,900 – $3,400,000 | $376 / $349 | 2,625 / 2,500 | 66 / 35 | 7 | 82 |
| 5 Beds | $1,357,274 | $1,385,000 | $415,000 – $2,575,000 | $384 / $368 | 3,460 / 3,552 | 59 / 56 | 2 | 23 |
| 6 Beds | $1,224,967 | $1,200,000 | $825,000 – $1,649,900 | $309 / $307 | 3,955 / 4,433 | 58 / 64 | 1 | 3 |
| 7 Beds | $2,149,667 | $2,499,000 | $1,250,000 – $2,700,000 | $451 / $500 | 4,654 / 4,750 | 45 / 29 | 0 | 3 |
| 8 Beds | $950,000 | $950,000 | $950,000 – $950,000 | $297 / $297 | 3,199 / 3,199 | 14 / 14 | 0 | 1 |
Rental Market Overview
Median Rent
$2,695
−0.2%
Median DOM
30
−6.3%
New Listings
30
Inventory
175
−2.2%
- Average Rent: $2,844
- Median Rent: $2,695
- Rent Range: $900 – $8,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,528 / 1,420
- Square Footage Range: 472 – 3,414
- Days on Market (Avg/Median): 55 / 30
- Days on Market Range: 1 – 352
- New Listings: 30
- Total Listings: 175
Rentals by Property Type
Apartment
$1,622
Median DOM: 46
Inventory: 34
MoM: −0.2%
Condo
$2,200
Median DOM: 30
Inventory: 17
MoM: −0.2%
Single Family
$2,960
Median DOM: 14
Inventory: 87
MoM: −0.2%
Townhouse
$3,200
Median DOM: 63
Inventory: 24
MoM: −0.2%
Apartment
Avg/Median Rent$2,034 / $1,622Range$900 – $6,149Rent per Sq Ft$2 / $2Sq Ft944 / 828DOM80 / 46New2Total34
Condo
Avg/Median Rent$2,357 / $2,200Range$1,500 – $3,750Rent per Sq Ft$2 / $2Sq Ft1,103 / 962DOM61 / 30New4Total17
Multi-Family
Avg/Median Rent$1,983 / $1,750Range$1,450 – $2,800Rent per Sq Ft$2 / $2Sq Ft955 / 876DOM65 / 29New3Total13
Single Family
Avg/Median Rent$3,197 / $2,960Range$1,700 – $8,500Rent per Sq Ft$2 / $2Sq Ft1,772 / 1,679DOM38 / 14New19Total87
Townhouse
Avg/Median Rent$3,525 / $3,200Range$2,100 – $6,818Rent per Sq Ft$2 / $2Sq Ft1,993 / 2,000DOM73 / 63New2Total24
Rentals by Bedroom Count
Studio
Avg:$1,600Median:$1,600Range:$1,600 – $1,600PSF:$3 / $3Sq Ft:580 / 580DOM:—New:0Total:1
1 Beds
Avg:$1,598Median:$1,550Range:$900 – $2,550PSF:$2 / $2Sq Ft:770 / 721DOM:90 / 46New:3Total:24
2 Beds
Avg:$2,256Median:$2,125Range:$1,050 – $4,890PSF:$2 / $2Sq Ft:1,007 / 928DOM:52 / 29New:10Total:55
3 Beds
Avg:$3,163Median:$3,000Range:$1,550 – $6,149PSF:$2 / $2Sq Ft:1,838 / 1,830DOM:57 / 28New:12Total:63
4 Beds
Avg:$4,136Median:$3,720Range:$2,300 – $8,500PSF:$2 / $2Sq Ft:2,355 / 2,287DOM:33 / 21New:5Total:31
5 Beds
Avg:$6,250Median:$6,250Range:$6,250 – $6,250PSF:$3 / $3Sq Ft:2,451 / 2,451DOM:25 / 25New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,600 | $1,600 | $1,600 – $1,600 | $3 / $3 | 580 / 580 | — | 0 | 1 |
| 1 Beds | $1,598 | $1,550 | $900 – $2,550 | $2 / $2 | 770 / 721 | 90 / 46 | 3 | 24 |
| 2 Beds | $2,256 | $2,125 | $1,050 – $4,890 | $2 / $2 | 1,007 / 928 | 52 / 29 | 10 | 55 |
| 3 Beds | $3,163 | $3,000 | $1,550 – $6,149 | $2 / $2 | 1,838 / 1,830 | 57 / 28 | 12 | 63 |
| 4 Beds | $4,136 | $3,720 | $2,300 – $8,500 | $2 / $2 | 2,355 / 2,287 | 33 / 21 | 5 | 31 |
| 5 Beds | $6,250 | $6,250 | $6,250 – $6,250 | $3 / $3 | 2,451 / 2,451 | 25 / 25 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$699,970Median DOM:52New:92Total:354
Nov 2025
Median Price:$699,900Median DOM:50New:81Total:337
Dec 2025
Median Price:$699,900Median DOM:57New:54Total:327
Jan 2026
Median Price:$689,900Median DOM:54New:68Total:306
Feb 2026
Median Price:$680,000Median DOM:47New:85Total:305
Mar 2026
Median Price:$669,900Median DOM:35New:25Total:275
6-Month Rental Trend
Oct 2025
Median Rent:$2,800Median DOM:26New:77Total:200
Nov 2025
Median Rent:$2,700Median DOM:30New:64Total:193
Dec 2025
Median Rent:$2,595Median DOM:36New:52Total:179
Jan 2026
Median Rent:$2,575Median DOM:37New:50Total:172
Feb 2026
Median Rent:$2,700Median DOM:32New:48Total:179
Mar 2026
Median Rent:$2,695Median DOM:30New:30Total:175
Key Market Takeaways
Median sale prices softened this month while inventory compressed. 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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