ZIP 37207 Housing Market Report
Nashville Metro
Report period: August 2026
37207 Monthly Market Update – August 2026
ZIP 37207 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$489,900
−1.8%
Median DOM (Sales)
49
−2.0%
New Listings (Sales)
62
−54.1%
Median Rent
$2,350
−2.1%
Median DOM (Rental)
25
+4.2%
Total Rental Listings
263
−1.1%
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: Multi-Family (31 DOM)
- Fastest renting: Single Family (14 DOM)
- Strongest bedroom: 8 Beds ($1,350,000 median)
Sales Market Overview
Median Price
$489,900
−1.8%
Median DOM
49
−2.0%
New Listings
62
−54.1%
Inventory
574
−0.9%
- Average Price: $578,441
- Median Price: $489,900
- Price Range: $75,000 – $6,850,000
- Price per Sq Ft (Avg/Median): $307 / $287
- Square Footage (Avg/Median): 1,836 / 1,842
- Square Footage Range: 448 – 4,760
- Days on Market (Avg/Median): 71 / 49
- Days on Market Range: 1 – 364
- New Listings: 62
- Total Listings: 574
Sales by Property Type
Condo
Avg/Median Price$359,256 / $299,900Range$199,000 – $775,000Price per Sq Ft$456 / $378Sq Ft830 / 579DOM102 / 114New2Total25
Land
Avg/Median Price$806,110 / $359,000Range$75,000 – $6,850,000Price per Sq Ft—Sq Ft—DOM139 / 133New2Total60
Manufactured
Avg/Median Price$154,450 / $119,000Range$119,000 – $189,900Price per Sq Ft$131 / $102Sq Ft1,179 / 1,170DOM93 / 57New0Total2
Multi-Family
Avg/Median Price$510,233 / $456,950Range$325,000 – $1,649,999Price per Sq Ft$289 / $239Sq Ft1,782 / 1,873DOM59 / 31New0Total18
Single Family
Avg/Median Price$554,772 / $499,900Range$189,000 – $2,650,000Price per Sq Ft$289 / $276Sq Ft1,943 / 1,843DOM53 / 34New49Total318
Townhouse
Avg/Median Price$587,860 / $527,900Range$175,000 – $1,895,000Price per Sq Ft$325 / $296Sq Ft1,792 / 1,874DOM81 / 66New9Total151
Sales by Bedroom Count
Studio
Avg:$307,333Median:$299,999Range:$297,000 – $325,000PSF:$686 / $670Sq Ft:448 / 448DOM:172 / 178New:0Total:3
1 Beds
Avg:$279,700Median:$297,500Range:$199,000 – $434,900PSF:$381 / $344Sq Ft:756 / 588DOM:92 / 100New:3Total:21
2 Beds
Avg:$403,115Median:$399,999Range:$175,000 – $899,000PSF:$350 / $325Sq Ft:1,200 / 1,188DOM:69 / 57New:3Total:57
3 Beds
Avg:$495,924Median:$461,850Range:$119,000 – $2,650,000PSF:$286 / $271Sq Ft:1,733 / 1,794DOM:60 / 43New:24Total:246
4 Beds
Avg:$656,954Median:$599,900Range:$245,000 – $1,389,900PSF:$307 / $276Sq Ft:2,168 / 2,064DOM:62 / 41New:20Total:150
5 Beds
Avg:$744,886Median:$596,373Range:$365,000 – $1,399,900PSF:$274 / $231Sq Ft:2,698 / 2,735DOM:39 / 12New:9Total:23
6 Beds
Avg:$1,080,650Median:$1,150,000Range:$369,000 – $1,649,999PSF:$372 / $315Sq Ft:2,975 / 3,295DOM:90 / 99New:1Total:12
8 Beds
Avg:$1,622,500Median:$1,350,000Range:$1,350,000 – $1,895,000PSF:$362 / $306Sq Ft:4,474 / 4,408DOM:105 / 97New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $307,333 | $299,999 | $297,000 – $325,000 | $686 / $670 | 448 / 448 | 172 / 178 | 0 | 3 |
| 1 Beds | $279,700 | $297,500 | $199,000 – $434,900 | $381 / $344 | 756 / 588 | 92 / 100 | 3 | 21 |
| 2 Beds | $403,115 | $399,999 | $175,000 – $899,000 | $350 / $325 | 1,200 / 1,188 | 69 / 57 | 3 | 57 |
| 3 Beds | $495,924 | $461,850 | $119,000 – $2,650,000 | $286 / $271 | 1,733 / 1,794 | 60 / 43 | 24 | 246 |
| 4 Beds | $656,954 | $599,900 | $245,000 – $1,389,900 | $307 / $276 | 2,168 / 2,064 | 62 / 41 | 20 | 150 |
| 5 Beds | $744,886 | $596,373 | $365,000 – $1,399,900 | $274 / $231 | 2,698 / 2,735 | 39 / 12 | 9 | 23 |
| 6 Beds | $1,080,650 | $1,150,000 | $369,000 – $1,649,999 | $372 / $315 | 2,975 / 3,295 | 90 / 99 | 1 | 12 |
| 8 Beds | $1,622,500 | $1,350,000 | $1,350,000 – $1,895,000 | $362 / $306 | 4,474 / 4,408 | 105 / 97 | 0 | 2 |
Rental Market Overview
Median Rent
$2,350
−2.1%
Median DOM
25
+4.2%
New Listings
38
Inventory
263
−1.1%
- Average Rent: $2,463
- Median Rent: $2,350
- Rent Range: $899 – $8,050
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,523 / 1,410
- Square Footage Range: 350 – 7,000
- Days on Market (Avg/Median): 54 / 25
- Days on Market Range: 1 – 352
- New Listings: 38
- Total Listings: 263
Rentals by Property Type
Apartment
$1,379
Median DOM: 65
Inventory: 31
MoM: −2.1%
Condo
$2,395
Median DOM: 29
Inventory: 31
MoM: −2.1%
Single Family
$2,500
Median DOM: 14
Inventory: 132
MoM: −2.1%
Townhouse
$2,800
Median DOM: 36
Inventory: 41
MoM: −2.1%
Apartment
Avg/Median Rent$2,266 / $1,379Range$899 – $8,050Rent per Sq Ft$2 / $2Sq Ft1,177 / 960DOM151 / 65New1Total31
Condo
Avg/Median Rent$2,475 / $2,395Range$999 – $4,200Rent per Sq Ft$2 / $2Sq Ft1,440 / 1,240DOM44 / 29New3Total31
Multi-Family
Avg/Median Rent$1,609 / $1,400Range$1,099 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,113 / 780DOM81 / 30New5Total28
Single Family
Avg/Median Rent$2,656 / $2,500Range$900 – $6,000Rent per Sq Ft$2 / $2Sq Ft1,679 / 1,632DOM32 / 14New23Total132
Townhouse
Avg/Median Rent$2,567 / $2,800Range$1,075 – $4,500Rent per Sq Ft$2 / $2Sq Ft1,606 / 1,599DOM54 / 36New6Total41
Rentals by Bedroom Count
Studio
Avg:$1,283Median:$1,200Range:$900 – $1,685PSF:$3 / $3Sq Ft:464 / 448DOM:15 / 1New:0Total:6
1 Beds
Avg:$1,491Median:$1,645Range:$899 – $1,850PSF:$2 / $2Sq Ft:836 / 760DOM:114 / 65New:1Total:17
2 Beds
Avg:$1,721Median:$1,550Range:$999 – $3,890PSF:$2 / $2Sq Ft:950 / 900DOM:57 / 29New:7Total:71
3 Beds
Avg:$2,604Median:$2,600Range:$1,125 – $4,950PSF:$2 / $2Sq Ft:1,661 / 1,631DOM:39 / 16New:21Total:109
4 Beds
Avg:$3,487Median:$3,250Range:$1,687 – $8,050PSF:$2 / $1Sq Ft:2,199 / 2,056DOM:66 / 29New:9Total:59
5 Beds
Avg:$3,100Median:$3,100Range:$3,100 – $3,100PSF:$1 / $1Sq Ft:2,340 / 2,340DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,283 | $1,200 | $900 – $1,685 | $3 / $3 | 464 / 448 | 15 / 1 | 0 | 6 |
| 1 Beds | $1,491 | $1,645 | $899 – $1,850 | $2 / $2 | 836 / 760 | 114 / 65 | 1 | 17 |
| 2 Beds | $1,721 | $1,550 | $999 – $3,890 | $2 / $2 | 950 / 900 | 57 / 29 | 7 | 71 |
| 3 Beds | $2,604 | $2,600 | $1,125 – $4,950 | $2 / $2 | 1,661 / 1,631 | 39 / 16 | 21 | 109 |
| 4 Beds | $3,487 | $3,250 | $1,687 – $8,050 | $2 / $1 | 2,199 / 2,056 | 66 / 29 | 9 | 59 |
| 5 Beds | $3,100 | $3,100 | $3,100 – $3,100 | $1 / $1 | 2,340 / 2,340 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$480,000Median DOM:43New:161Total:481
Apr 2026
Median Price:$495,000Median DOM:43New:113Total:494
May 2026
Median Price:$495,000Median DOM:43New:167Total:529
Jun 2026
Median Price:$489,000Median DOM:47New:145Total:549
Jul 2026
Median Price:$499,000Median DOM:50New:135Total:579
Aug 2026
Median Price:$489,900Median DOM:49New:62Total:574
6-Month Rental Trend
Mar 2026
Median Rent:$2,300Median DOM:31New:95Total:295
Apr 2026
Median Rent:$2,325Median DOM:29New:93Total:289
May 2026
Median Rent:$2,300Median DOM:26New:91Total:292
Jun 2026
Median Rent:$2,310Median DOM:30New:83Total:263
Jul 2026
Median Rent:$2,400Median DOM:24New:93Total:266
Aug 2026
Median Rent:$2,350Median DOM:25New:38Total:263
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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