ZIP 37207 Housing Market Report

Nashville Metro

Report period: March 2026

37207 Monthly Market Update – March 2026

ZIP 37207 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$484,999
+1.0%
Median DOM (Sales)
48
−14.3%
New Listings (Sales)
58
−43.1%
Median Rent
$2,250
0.0%
Median DOM (Rental)
43
−15.7%
Total Rental Listings
298
−1.0%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Multi-Family (36 DOM)
  • Fastest renting: Single Family (19 DOM)
  • Strongest bedroom: 8 Beds ($3,299,000 median)

Sales Market Overview

Median Price
$484,999
+1.0%
Median DOM
48
−14.3%
New Listings
58
−43.1%
Inventory
476
−5.7%
  • Average Price: $624,607
  • Median Price: $484,999
  • Price Range: $60,000 – $6,900,000
  • Price per Sq Ft (Avg/Median): $327 / $287
  • Square Footage (Avg/Median): 1,825 / 1,800
  • Square Footage Range: 445 – 5,300
  • Days on Market (Avg/Median): 72 / 48
  • Days on Market Range: 1 – 355
  • New Listings: 58
  • Total Listings: 476

Sales by Property Type

Condo
Avg/Median Price$465,216 / $349,900Range$215,000 – $1,499,000Price per Sq Ft$508 / $415Sq Ft1,008 / 701DOM91 / 41New3Total22
Land
Avg/Median Price$992,387 / $420,000Range$75,000 – $6,900,000Price per Sq FtSq FtDOM133 / 106New6Total55
Manufactured
Avg/Median Price$447,497 / $199,987Range$60,000 – $1,600,000Price per Sq Ft$382 / $182Sq Ft1,131 / 1,170DOM108 / 76New1Total5
Multi-Family
Avg/Median Price$613,090 / $419,300Range$350,000 – $1,649,999Price per Sq Ft$341 / $265Sq Ft1,782 / 1,664DOM47 / 36New1Total10
Single Family
Avg/Median Price$558,892 / $475,000Range$199,900 – $2,650,000Price per Sq Ft$306 / $278Sq Ft1,893 / 1,800DOM60 / 41New38Total261
Townhouse
Avg/Median Price$636,241 / $550,000Range$239,900 – $3,299,000Price per Sq Ft$334 / $297Sq Ft1,856 / 1,853DOM70 / 53New9Total123

Sales by Bedroom Count

Studio
Avg:$320,500Median:$299,999Range:$297,000 – $360,000PSF:$717 / $670Sq Ft:447 / 448DOM:22 / 30New:1Total:4
1 Beds
Avg:$301,087Median:$289,500Range:$215,000 – $474,555PSF:$446 / $383Sq Ft:706 / 701DOM:84 / 41New:1Total:11
2 Beds
Avg:$472,577Median:$430,000Range:$199,900 – $1,600,000PSF:$446 / $336Sq Ft:1,185 / 1,074DOM:69 / 66New:4Total:40
3 Beds
Avg:$485,518Median:$449,950Range:$60,000 – $2,650,000PSF:$293 / $278Sq Ft:1,668 / 1,700DOM:67 / 43New:19Total:208
4 Beds
Avg:$729,262Median:$650,000Range:$250,000 – $1,650,000PSF:$328 / $289Sq Ft:2,223 / 2,087DOM:63 / 36New:13Total:127
5 Beds
Avg:$704,240Median:$573,990Range:$357,000 – $1,530,000PSF:$262 / $227Sq Ft:2,601 / 2,425DOM:50 / 21New:10Total:24
6 Beds
Avg:$904,962Median:$655,874Range:$399,900 – $1,649,999PSF:$400 / $303Sq Ft:2,355 / 1,861DOM:55 / 7New:4Total:6
8 Beds
Avg:$3,299,000Median:$3,299,000Range:$3,299,000 – $3,299,000PSF:$622 / $622Sq Ft:5,300 / 5,300DOM:83 / 83New:0Total:1

Rental Market Overview

Median Rent
$2,250
0.0%
Median DOM
43
−15.7%
New Listings
52
Inventory
298
−1.0%
  • Average Rent: $2,428
  • Median Rent: $2,250
  • Rent Range: $750 – $8,076
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,473 / 1,410
  • Square Footage Range: 300 – 4,011
  • Days on Market (Avg/Median): 67 / 43
  • Days on Market Range: 1 – 331
  • New Listings: 52
  • Total Listings: 298

Rentals by Property Type

Apartment
$1,203
Median DOM: 154
Inventory: 39
MoM: 0.0%
Condo
$2,125
Median DOM: 26
Inventory: 32
MoM: 0.0%
Single Family
$2,450
Median DOM: 19
Inventory: 161
MoM: 0.0%
Townhouse
$2,350
Median DOM: 63
Inventory: 44
MoM: 0.0%
Apartment
Avg/Median Rent$2,295 / $1,203Range$789 – $8,076Rent per Sq Ft$2 / $2Sq Ft1,063 / 800DOM154 / 154New0Total39
Condo
Avg/Median Rent$2,582 / $2,125Range$950 – $7,499Rent per Sq Ft$2 / $2Sq Ft1,484 / 1,220DOM66 / 26New6Total32
Multi-Family
Avg/Median Rent$1,524 / $1,400Range$1,150 – $2,500Rent per Sq Ft$2 / $2Sq Ft913 / 783DOM49 / 43New4Total22
Single Family
Avg/Median Rent$2,529 / $2,450Range$750 – $7,000Rent per Sq Ft$2 / $2Sq Ft1,609 / 1,576DOM48 / 19New37Total161
Townhouse
Avg/Median Rent$2,514 / $2,350Range$1,050 – $5,693Rent per Sq Ft$2 / $2Sq Ft1,580 / 1,600DOM82 / 63New5Total44

Rentals by Bedroom Count

Studio
Avg:$1,169Median:$1,175Range:$750 – $1,601PSF:$3 / $3Sq Ft:431 / 370DOM:60 / 1New:2Total:7
1 Beds
Avg:$1,410Median:$1,211Range:$949 – $2,050PSF:$2 / $2Sq Ft:804 / 730DOM:93 / 70New:1Total:17
2 Beds
Avg:$1,693Median:$1,495Range:$850 – $4,407PSF:$2 / $2Sq Ft:930 / 826DOM:57 / 36New:15Total:71
3 Beds
Avg:$2,505Median:$2,400Range:$789 – $5,572PSF:$2 / $2Sq Ft:1,586 / 1,540DOM:66 / 46New:25Total:144
4 Beds
Avg:$3,547Median:$2,950Range:$2,200 – $8,076PSF:$2 / $1Sq Ft:2,081 / 2,021DOM:84 / 63New:7Total:54
5 Beds
Avg:$3,767Median:$3,100Range:$2,240 – $7,000PSF:$1 / $1Sq Ft:2,512 / 2,340DOM:23 / 1New:2Total:5

6-Month Sales Trend

Oct 2025
Median Price:$490,140Median DOM:49New:163Total:579
Nov 2025
Median Price:$499,900Median DOM:51New:114Total:564
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:$484,999Median DOM:48New:58Total:476

6-Month Rental Trend

Oct 2025
Median Rent:$2,249Median DOM:31New:98Total:308
Nov 2025
Median Rent:$2,195Median DOM:38New:96Total:327
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:$2,250Median DOM:43New:52Total:298

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 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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