ZIP 37208 Housing Market Report
Nashville Metro
Report period: March 2026
37208 Monthly Market Update – March 2026
ZIP 37208 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$550,000
+0.1%
Median DOM (Sales)
58
−21.6%
New Listings (Sales)
44
−29.0%
Median Rent
$2,500
−2.0%
Median DOM (Rental)
36
−21.7%
Total Rental Listings
201
+2.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (26 DOM)
- Fastest renting: Single Family (18 DOM)
- Strongest bedroom: 8 Beds ($1,050,000 median)
Sales Market Overview
Median Price
$550,000
+0.1%
Median DOM
58
−21.6%
New Listings
44
−29.0%
Inventory
358
−3.0%
- Average Price: $621,794
- Median Price: $550,000
- Price Range: $35,000 – $5,000,000
- Price per Sq Ft (Avg/Median): $377 / $344
- Square Footage (Avg/Median): 1,844 / 1,907
- Square Footage Range: 504 – 5,564
- Days on Market (Avg/Median): 79 / 58
- Days on Market Range: 1 – 346
- New Listings: 44
- Total Listings: 358
Sales by Property Type
Apartment
Avg/Median Price$472,808 / $419,900Range$359,000 – $750,000Price per Sq Ft$608 / $558Sq Ft838 / 672DOM81 / 51New0Total13
Condo
Avg/Median Price$438,706 / $424,900Range$281,320 – $799,900Price per Sq Ft$494 / $459Sq Ft944 / 784DOM98 / 74New1Total24
Land
Avg/Median Price$416,676 / $239,900Range$35,000 – $5,000,000Price per Sq Ft—Sq Ft—DOM98 / 74New8Total56
Manufactured
Avg/Median Price$329,450 / $299,000Range$299,000 – $359,900Price per Sq Ft$226 / $176Sq Ft1,564 / 1,088DOM64 / 46New0Total2
Multi-Family
Avg/Median Price$715,514 / $750,000Range$429,900 – $1,299,800Price per Sq Ft$303 / $325Sq Ft2,467 / 2,174DOM58 / 26New2Total7
Single Family
Avg/Median Price$609,467 / $570,000Range$150,000 – $2,875,000Price per Sq Ft$333 / $317Sq Ft1,897 / 1,907DOM72 / 52New19Total171
Townhouse
Avg/Median Price$855,369 / $699,000Range$195,000 – $2,449,900Price per Sq Ft$405 / $376Sq Ft2,098 / 2,133DOM80 / 64New14Total85
Sales by Bedroom Count
Studio
Avg:$494,500Median:$314,000Range:$314,000 – $675,000PSF:$378 / $179Sq Ft:2,155 / 545DOM:120 / 86New:0Total:2
1 Beds
Avg:$405,625Median:$379,000Range:$281,320 – $799,000PSF:$572 / $548Sq Ft:720 / 675DOM:98 / 69New:1Total:30
2 Beds
Avg:$491,725Median:$424,825Range:$150,000 – $1,225,000PSF:$420 / $387Sq Ft:1,145 / 1,056DOM:68 / 53New:7Total:38
3 Beds
Avg:$665,060Median:$570,000Range:$299,000 – $1,999,999PSF:$361 / $339Sq Ft:1,812 / 1,900DOM:75 / 57New:12Total:125
4 Beds
Avg:$769,429Median:$670,000Range:$389,000 – $2,449,900PSF:$329 / $311Sq Ft:2,327 / 2,214DOM:75 / 54New:12Total:91
5 Beds
Avg:$1,063,800Median:$669,000Range:$359,900 – $2,875,000PSF:$360 / $254Sq Ft:2,722 / 2,339DOM:90 / 46New:2Total:6
6 Beds
Avg:$643,257Median:$624,900Range:$459,000 – $760,000PSF:$283 / $281Sq Ft:2,454 / 2,174DOM:50 / 7New:2Total:7
7 Beds
Avg:$1,039,000Median:$1,039,000Range:$1,039,000 – $1,039,000PSF:$225 / $225Sq Ft:4,621 / 4,621DOM:98 / 98New:0Total:1
8 Beds
Avg:$1,174,900Median:$1,050,000Range:$1,050,000 – $1,299,800PSF:$215 / $196Sq Ft:5,458 / 5,352DOM:37 / 14New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $494,500 | $314,000 | $314,000 – $675,000 | $378 / $179 | 2,155 / 545 | 120 / 86 | 0 | 2 |
| 1 Beds | $405,625 | $379,000 | $281,320 – $799,000 | $572 / $548 | 720 / 675 | 98 / 69 | 1 | 30 |
| 2 Beds | $491,725 | $424,825 | $150,000 – $1,225,000 | $420 / $387 | 1,145 / 1,056 | 68 / 53 | 7 | 38 |
| 3 Beds | $665,060 | $570,000 | $299,000 – $1,999,999 | $361 / $339 | 1,812 / 1,900 | 75 / 57 | 12 | 125 |
| 4 Beds | $769,429 | $670,000 | $389,000 – $2,449,900 | $329 / $311 | 2,327 / 2,214 | 75 / 54 | 12 | 91 |
| 5 Beds | $1,063,800 | $669,000 | $359,900 – $2,875,000 | $360 / $254 | 2,722 / 2,339 | 90 / 46 | 2 | 6 |
| 6 Beds | $643,257 | $624,900 | $459,000 – $760,000 | $283 / $281 | 2,454 / 2,174 | 50 / 7 | 2 | 7 |
| 7 Beds | $1,039,000 | $1,039,000 | $1,039,000 – $1,039,000 | $225 / $225 | 4,621 / 4,621 | 98 / 98 | 0 | 1 |
| 8 Beds | $1,174,900 | $1,050,000 | $1,050,000 – $1,299,800 | $215 / $196 | 5,458 / 5,352 | 37 / 14 | 0 | 2 |
Rental Market Overview
Median Rent
$2,500
−2.0%
Median DOM
36
−21.7%
New Listings
43
Inventory
201
+2.0%
- Average Rent: $2,626
- Median Rent: $2,500
- Rent Range: $650 – $8,941
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,436 / 1,365
- Square Footage Range: 330 – 3,876
- Days on Market (Avg/Median): 66 / 36
- Days on Market Range: 1 – 351
- New Listings: 43
- Total Listings: 201
Rentals by Property Type
Apartment
$1,578
Median DOM: 121
Inventory: 39
MoM: −2.0%
Condo
$2,200
Median DOM: 59
Inventory: 22
MoM: −2.0%
Single Family
$2,650
Median DOM: 18
Inventory: 106
MoM: −2.0%
Townhouse
$2,800
Median DOM: 54
Inventory: 26
MoM: −2.0%
Apartment
Avg/Median Rent$2,341 / $1,578Range$795 – $8,314Rent per Sq Ft$2 / $2Sq Ft968 / 683DOM110 / 121New3Total39
Condo
Avg/Median Rent$2,505 / $2,200Range$950 – $5,995Rent per Sq Ft$2 / $2Sq Ft1,069 / 800DOM73 / 59New3Total22
Multi-Family
Avg/Median Rent$1,538 / $1,340Range$795 – $2,700Rent per Sq Ft$2 / $2Sq Ft842 / 700DOM90 / 54New0Total8
Single Family
Avg/Median Rent$2,741 / $2,650Range$650 – $8,500Rent per Sq Ft$2 / $2Sq Ft1,684 / 1,708DOM48 / 18New34Total106
Townhouse
Avg/Median Rent$3,021 / $2,800Range$1,145 – $8,941Rent per Sq Ft$2 / $2Sq Ft1,643 / 1,731DOM80 / 54New3Total26
Rentals by Bedroom Count
Studio
Avg:$1,484Median:$1,409Range:$1,058 – $1,723PSF:$3 / $3Sq Ft:555 / 540DOM:100 / 100New:0Total:6
1 Beds
Avg:$1,573Median:$1,594Range:$795 – $2,400PSF:$2 / $2Sq Ft:656 / 672DOM:77 / 34New:2Total:27
2 Beds
Avg:$1,865Median:$1,649Range:$650 – $3,250PSF:$2 / $2Sq Ft:898 / 860DOM:71 / 41New:8Total:47
3 Beds
Avg:$2,989Median:$2,675Range:$900 – $8,500PSF:$2 / $2Sq Ft:1,693 / 1,720DOM:60 / 23New:26Total:82
4 Beds
Avg:$3,683Median:$3,100Range:$1,925 – $8,941PSF:$2 / $2Sq Ft:2,150 / 2,231DOM:64 / 47New:7Total:39
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,484 | $1,409 | $1,058 – $1,723 | $3 / $3 | 555 / 540 | 100 / 100 | 0 | 6 |
| 1 Beds | $1,573 | $1,594 | $795 – $2,400 | $2 / $2 | 656 / 672 | 77 / 34 | 2 | 27 |
| 2 Beds | $1,865 | $1,649 | $650 – $3,250 | $2 / $2 | 898 / 860 | 71 / 41 | 8 | 47 |
| 3 Beds | $2,989 | $2,675 | $900 – $8,500 | $2 / $2 | 1,693 / 1,720 | 60 / 23 | 26 | 82 |
| 4 Beds | $3,683 | $3,100 | $1,925 – $8,941 | $2 / $2 | 2,150 / 2,231 | 64 / 47 | 7 | 39 |
6-Month Sales Trend
Oct 2025
Median Price:$559,900Median DOM:69New:73Total:397
Nov 2025
Median Price:$549,000Median DOM:71New:63Total:389
Dec 2025
Median Price:$545,000Median DOM:76New:44Total:366
Jan 2026
Median Price:$543,000Median DOM:78New:77Total:357
Feb 2026
Median Price:$549,500Median DOM:74New:62Total:369
Mar 2026
Median Price:$550,000Median DOM:58New:44Total:358
6-Month Rental Trend
Oct 2025
Median Rent:$2,397Median DOM:33New:70Total:239
Nov 2025
Median Rent:$2,350Median DOM:48New:55Total:227
Dec 2025
Median Rent:$2,365Median DOM:41New:64Total:227
Jan 2026
Median Rent:$2,500Median DOM:54New:51Total:204
Feb 2026
Median Rent:$2,550Median DOM:46New:53Total:197
Mar 2026
Median Rent:$2,500Median DOM:36New:43Total:201
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market declined, signaling improving 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.
370103701337014370153702237027370293703137032370353703637037370463704837049370513705537060370623706437066370673706937072370733707537076370803708237085+51 more
← Back to Nashville Metro