ZIP 37207 Housing Market Report
Nashville Metro
Report period: May 2026
37207 Monthly Market Update – May 2026
ZIP 37207 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$499,900
+1.0%
Median DOM (Sales)
47
+9.3%
New Listings (Sales)
52
−54.0%
Median Rent
$2,350
+1.1%
Median DOM (Rental)
29
0.0%
Total Rental Listings
282
−2.4%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (34 DOM)
- Fastest renting: Single Family (15 DOM)
- Strongest bedroom: 8 Beds ($1,350,000 median)
Sales Market Overview
Median Price
$499,900
+1.0%
Median DOM
47
+9.3%
New Listings
52
−54.0%
Inventory
504
+2.0%
- Average Price: $607,555
- Median Price: $499,900
- Price Range: $60,000 – $6,900,000
- Price per Sq Ft (Avg/Median): $317 / $294
- Square Footage (Avg/Median): 1,831 / 1,796
- Square Footage Range: 448 – 4,760
- Days on Market (Avg/Median): 66 / 47
- Days on Market Range: 2 – 362
- New Listings: 52
- Total Listings: 504
Sales by Property Type
Condo
Avg/Median Price$446,069 / $299,999Range$215,000 – $1,499,000Price per Sq Ft$515 / $408Sq Ft863 / 585DOM83 / 70New1Total20
Land
Avg/Median Price$938,586 / $410,000Range$70,000 – $6,900,000Price per Sq Ft—Sq Ft—DOM121 / 97New2Total53
Manufactured
Avg/Median Price$145,833 / $119,000Range$60,000 – $258,500Price per Sq Ft$122 / $102Sq Ft1,127 / 1,170DOM82 / 36New0Total3
Multi-Family
Avg/Median Price$565,343 / $419,900Range$350,000 – $1,649,999Price per Sq Ft$316 / $265Sq Ft1,801 / 1,664DOM84 / 55New0Total14
Single Family
Avg/Median Price$567,453 / $499,900Range$225,000 – $2,650,000Price per Sq Ft$296 / $285Sq Ft1,940 / 1,798DOM50 / 34New36Total280
Townhouse
Avg/Median Price$599,270 / $535,000Range$235,000 – $1,895,000Price per Sq Ft$335 / $303Sq Ft1,768 / 1,840DOM73 / 53New13Total134
Sales by Bedroom Count
Studio
Avg:$307,333Median:$299,999Range:$297,000 – $325,000PSF:$686 / $670Sq Ft:448 / 448DOM:83 / 91New:0Total:3
1 Beds
Avg:$299,505Median:$300,000Range:$215,000 – $464,900PSF:$409 / $371Sq Ft:761 / 701DOM:54 / 53New:2Total:17
2 Beds
Avg:$406,747Median:$409,000Range:$225,000 – $625,000PSF:$347 / $325Sq Ft:1,219 / 1,219DOM:66 / 48New:1Total:46
3 Beds
Avg:$482,793Median:$449,900Range:$60,000 – $2,650,000PSF:$296 / $282Sq Ft:1,638 / 1,600DOM:56 / 40New:29Total:210
4 Beds
Avg:$722,928Median:$650,000Range:$314,500 – $1,550,000PSF:$326 / $287Sq Ft:2,239 / 2,090DOM:67 / 53New:13Total:141
5 Beds
Avg:$753,778Median:$599,900Range:$365,000 – $1,749,900PSF:$262 / $220Sq Ft:2,794 / 2,846DOM:36 / 34New:4Total:24
6 Beds
Avg:$885,475Median:$520,000Range:$389,000 – $1,649,999PSF:$365 / $303Sq Ft:2,470 / 2,150DOM:90 / 64New:0Total:8
8 Beds
Avg:$1,622,500Median:$1,350,000Range:$1,350,000 – $1,895,000PSF:$362 / $306Sq Ft:4,474 / 4,408DOM:13 / 5New:1Total: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 | 83 / 91 | 0 | 3 |
| 1 Beds | $299,505 | $300,000 | $215,000 – $464,900 | $409 / $371 | 761 / 701 | 54 / 53 | 2 | 17 |
| 2 Beds | $406,747 | $409,000 | $225,000 – $625,000 | $347 / $325 | 1,219 / 1,219 | 66 / 48 | 1 | 46 |
| 3 Beds | $482,793 | $449,900 | $60,000 – $2,650,000 | $296 / $282 | 1,638 / 1,600 | 56 / 40 | 29 | 210 |
| 4 Beds | $722,928 | $650,000 | $314,500 – $1,550,000 | $326 / $287 | 2,239 / 2,090 | 67 / 53 | 13 | 141 |
| 5 Beds | $753,778 | $599,900 | $365,000 – $1,749,900 | $262 / $220 | 2,794 / 2,846 | 36 / 34 | 4 | 24 |
| 6 Beds | $885,475 | $520,000 | $389,000 – $1,649,999 | $365 / $303 | 2,470 / 2,150 | 90 / 64 | 0 | 8 |
| 8 Beds | $1,622,500 | $1,350,000 | $1,350,000 – $1,895,000 | $362 / $306 | 4,474 / 4,408 | 13 / 5 | 1 | 2 |
Rental Market Overview
Median Rent
$2,350
+1.1%
Median DOM
29
0.0%
New Listings
52
Inventory
282
−2.4%
- Average Rent: $2,505
- Median Rent: $2,350
- Rent Range: $750 – $9,632
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,522 / 1,416
- Square Footage Range: 300 – 3,558
- Days on Market (Avg/Median): 57 / 29
- Days on Market Range: 1 – 358
- New Listings: 52
- Total Listings: 282
Rentals by Property Type
Apartment
$1,200
Median DOM: 205
Inventory: 33
MoM: +1.1%
Condo
$2,475
Median DOM: 32
Inventory: 25
MoM: +1.1%
Single Family
$2,500
Median DOM: 15
Inventory: 152
MoM: +1.1%
Townhouse
$2,600
Median DOM: 36
Inventory: 45
MoM: +1.1%
Apartment
Avg/Median Rent$2,536 / $1,200Range$789 – $9,632Rent per Sq Ft$2 / $2Sq Ft1,078 / 800DOM186 / 205New1Total33
Condo
Avg/Median Rent$2,579 / $2,475Range$999 – $4,200Rent per Sq Ft$2 / $2Sq Ft1,529 / 1,515DOM76 / 32New6Total25
Multi-Family
Avg/Median Rent$1,409 / $1,400Range$1,150 – $1,700Rent per Sq Ft$2 / $2Sq Ft874 / 783DOM75 / 54New1Total27
Single Family
Avg/Median Rent$2,622 / $2,500Range$750 – $5,500Rent per Sq Ft$2 / $2Sq Ft1,695 / 1,646DOM32 / 15New36Total152
Townhouse
Avg/Median Rent$2,703 / $2,600Range$1,395 – $4,528Rent per Sq Ft$2 / $2Sq Ft1,626 / 1,600DOM55 / 36New8Total45
Rentals by Bedroom Count
Studio
Avg:$1,144Median:$975Range:$750 – $1,534PSF:$3 / $3Sq Ft:426 / 435DOM:1 / 1New:1Total:6
1 Beds
Avg:$1,463Median:$1,211Range:$899 – $2,100PSF:$2 / $2Sq Ft:801 / 770DOM:118 / 54New:0Total:18
2 Beds
Avg:$1,757Median:$1,447Range:$999 – $4,528PSF:$2 / $2Sq Ft:976 / 910DOM:63 / 32New:16Total:72
3 Beds
Avg:$2,603Median:$2,500Range:$789 – $4,950PSF:$2 / $2Sq Ft:1,661 / 1,600DOM:41 / 20New:27Total:128
4 Beds
Avg:$3,668Median:$3,200Range:$1,765 – $9,632PSF:$2 / $1Sq Ft:2,130 / 2,018DOM:78 / 33New:6Total:56
5 Beds
Avg:$4,100Median:$3,300Range:$3,300 – $4,900PSF:$1 / $1Sq Ft:2,949 / 2,340DOM:1 / 1New:2Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,144 | $975 | $750 – $1,534 | $3 / $3 | 426 / 435 | 1 / 1 | 1 | 6 |
| 1 Beds | $1,463 | $1,211 | $899 – $2,100 | $2 / $2 | 801 / 770 | 118 / 54 | 0 | 18 |
| 2 Beds | $1,757 | $1,447 | $999 – $4,528 | $2 / $2 | 976 / 910 | 63 / 32 | 16 | 72 |
| 3 Beds | $2,603 | $2,500 | $789 – $4,950 | $2 / $2 | 1,661 / 1,600 | 41 / 20 | 27 | 128 |
| 4 Beds | $3,668 | $3,200 | $1,765 – $9,632 | $2 / $1 | 2,130 / 2,018 | 78 / 33 | 6 | 56 |
| 5 Beds | $4,100 | $3,300 | $3,300 – $4,900 | $1 / $1 | 2,949 / 2,340 | 1 / 1 | 2 | 2 |
6-Month Sales Trend
Dec 2025
Median Price:$490,000Median DOM:57New:103Total:523
Jan 2026
Median Price:$479,000Median DOM:61New:111Total:508
Feb 2026
Median Price:$480,000Median DOM:56New:102Total:505
Mar 2026
Median Price:$480,000Median DOM:43New:161Total:481
Apr 2026
Median Price:$495,000Median DOM:43New:113Total:494
May 2026
Median Price:$499,900Median DOM:47New:52Total:504
6-Month Rental Trend
Dec 2025
Median Rent:$2,100Median DOM:47New:85Total:322
Jan 2026
Median Rent:$2,200Median DOM:48New:87Total:318
Feb 2026
Median Rent:$2,250Median DOM:51New:77Total:301
Mar 2026
Median Rent:$2,300Median DOM:31New:95Total:295
Apr 2026
Median Rent:$2,325Median DOM:29New:93Total:289
May 2026
Median Rent:$2,350Median DOM:29New:52Total:282
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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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