ZIP 37208 Housing Market Report
Nashville Metro
Report period: August 2026
37208 Monthly Market Update – August 2026
ZIP 37208 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$575,000
+0.9%
Median DOM (Sales)
63
0.0%
New Listings (Sales)
20
−78.3%
Median Rent
$2,600
+0.2%
Median DOM (Rental)
27
+17.4%
Total Rental Listings
231
+2.2%
Month-over-Month Movement
Median sale prices moved higher. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (34 DOM)
- Fastest renting: Townhouse (10 DOM)
- Strongest bedroom: 8 Beds ($1,268,900 median)
Sales Market Overview
Median Price
$575,000
+0.9%
Median DOM
63
0.0%
New Listings
20
−78.3%
Inventory
416
−3.7%
- Average Price: $668,038
- Median Price: $575,000
- Price Range: $80,000 – $7,495,000
- Price per Sq Ft (Avg/Median): $380 / $330
- Square Footage (Avg/Median): 1,868 / 1,878
- Square Footage Range: 504 – 10,024
- Days on Market (Avg/Median): 81 / 63
- Days on Market Range: 1 – 364
- New Listings: 20
- Total Listings: 416
Sales by Property Type
Apartment
Avg/Median Price$500,362 / $400,000Range$349,900 – $899,000Price per Sq Ft$543 / $543Sq Ft949 / 712DOM55 / 47New1Total16
Condo
Avg/Median Price$590,411 / $450,000Range$276,320 – $3,600,000Price per Sq Ft$615 / $598Sq Ft952 / 769DOM78 / 72New1Total30
Land
Avg/Median Price$500,500 / $284,000Range$80,000 – $3,600,000Price per Sq Ft—Sq Ft—DOM129 / 112New2Total47
Manufactured
Avg/Median Price$299,000 / $299,000Range$299,000 – $299,000Price per Sq Ft$275 / $275Sq Ft1,088 / 1,088DOM235 / 235New0Total1
Multi-Family
Avg/Median Price$669,814 / $569,900Range$370,000 – $1,268,900Price per Sq Ft$299 / $285Sq Ft2,362 / 1,950DOM76 / 34New0Total7
Single Family
Avg/Median Price$636,454 / $550,000Range$125,000 – $7,495,000Price per Sq Ft$324 / $307Sq Ft1,944 / 1,900DOM70 / 54New12Total204
Townhouse
Avg/Median Price$845,386 / $695,000Range$170,000 – $2,525,000Price per Sq Ft$402 / $368Sq Ft2,084 / 2,090DOM87 / 71New4Total111
Sales by Bedroom Count
Studio
Avg:$424,975Median:$350,000Range:$279,900 – $675,000PSF:$335 / $179Sq Ft:1,918 / 770DOM:92 / 7New:1Total:4
1 Beds
Avg:$401,738Median:$399,000Range:$197,000 – $588,800PSF:$598 / $566Sq Ft:683 / 675DOM:85 / 77New:1Total:32
2 Beds
Avg:$498,582Median:$450,000Range:$125,000 – $1,175,000PSF:$427 / $415Sq Ft:1,161 / 1,056DOM:81 / 64New:2Total:56
3 Beds
Avg:$640,633Median:$575,000Range:$250,000 – $2,950,000PSF:$350 / $318Sq Ft:1,806 / 1,857DOM:70 / 56New:4Total:147
4 Beds
Avg:$795,465Median:$665,000Range:$275,000 – $2,525,000PSF:$338 / $300Sq Ft:2,316 / 2,275DOM:76 / 55New:7Total:112
5 Beds
Avg:$1,836,110Median:$1,239,000Range:$450,000 – $7,495,000PSF:$375 / $314Sq Ft:4,075 / 3,276DOM:79 / 55New:3Total:10
6 Beds
Avg:$689,975Median:$750,000Range:$419,900 – $800,000PSF:$311 / $250Sq Ft:2,278 / 1,950DOM:94 / 86New:0Total:4
7 Beds
Avg:$1,324,500Median:$1,050,000Range:$1,050,000 – $1,599,000PSF:$283 / $227Sq Ft:4,675 / 4,621DOM:50 / 28New:0Total:2
8 Beds
Avg:$2,434,450Median:$1,268,900Range:$1,268,900 – $3,600,000PSF:$474 / $228Sq Ft:5,282 / 5,000DOM:100 / 29New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $424,975 | $350,000 | $279,900 – $675,000 | $335 / $179 | 1,918 / 770 | 92 / 7 | 1 | 4 |
| 1 Beds | $401,738 | $399,000 | $197,000 – $588,800 | $598 / $566 | 683 / 675 | 85 / 77 | 1 | 32 |
| 2 Beds | $498,582 | $450,000 | $125,000 – $1,175,000 | $427 / $415 | 1,161 / 1,056 | 81 / 64 | 2 | 56 |
| 3 Beds | $640,633 | $575,000 | $250,000 – $2,950,000 | $350 / $318 | 1,806 / 1,857 | 70 / 56 | 4 | 147 |
| 4 Beds | $795,465 | $665,000 | $275,000 – $2,525,000 | $338 / $300 | 2,316 / 2,275 | 76 / 55 | 7 | 112 |
| 5 Beds | $1,836,110 | $1,239,000 | $450,000 – $7,495,000 | $375 / $314 | 4,075 / 3,276 | 79 / 55 | 3 | 10 |
| 6 Beds | $689,975 | $750,000 | $419,900 – $800,000 | $311 / $250 | 2,278 / 1,950 | 94 / 86 | 0 | 4 |
| 7 Beds | $1,324,500 | $1,050,000 | $1,050,000 – $1,599,000 | $283 / $227 | 4,675 / 4,621 | 50 / 28 | 0 | 2 |
| 8 Beds | $2,434,450 | $1,268,900 | $1,268,900 – $3,600,000 | $474 / $228 | 5,282 / 5,000 | 100 / 29 | 0 | 2 |
Rental Market Overview
Median Rent
$2,600
+0.2%
Median DOM
27
+17.4%
New Listings
46
Inventory
231
+2.2%
- Average Rent: $2,810
- Median Rent: $2,600
- Rent Range: $640 – $10,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,552 / 1,560
- Square Footage Range: 320 – 3,896
- Days on Market (Avg/Median): 44 / 27
- Days on Market Range: 1 – 316
- New Listings: 46
- Total Listings: 231
Rentals by Property Type
Apartment
$1,436
Median DOM: 49
Inventory: 37
MoM: +0.2%
Condo
$2,350
Median DOM: 26
Inventory: 30
MoM: +0.2%
Single Family
$2,895
Median DOM: 24
Inventory: 124
MoM: +0.2%
Townhouse
$3,800
Median DOM: 10
Inventory: 26
MoM: +0.2%
Apartment
Avg/Median Rent$1,877 / $1,436Range$795 – $7,739Rent per Sq Ft$2 / $2Sq Ft808 / 603DOM118 / 49New3Total37
Condo
Avg/Median Rent$2,332 / $2,350Range$640 – $4,800Rent per Sq Ft$2 / $2Sq Ft1,348 / 960DOM33 / 26New5Total30
Multi-Family
Avg/Median Rent$1,785 / $1,450Range$1,295 – $3,950Rent per Sq Ft$2 / $2Sq Ft984 / 750DOM82 / 52New1Total14
Single Family
Avg/Median Rent$2,977 / $2,895Range$1,000 – $7,975Rent per Sq Ft$2 / $2Sq Ft1,767 / 1,800DOM33 / 24New29Total124
Townhouse
Avg/Median Rent$4,441 / $3,800Range$2,400 – $10,000Rent per Sq Ft$2 / $2Sq Ft2,048 / 2,029DOM24 / 10New8Total26
Rentals by Bedroom Count
Studio
Avg:$1,528Median:$1,480Range:$1,350 – $1,846PSF:$3 / $3Sq Ft:538 / 542DOM:135 / 150New:0Total:9
1 Beds
Avg:$1,512Median:$1,350Range:$640 – $2,850PSF:$2 / $2Sq Ft:671 / 632DOM:49 / 22New:5Total:30
2 Beds
Avg:$1,872Median:$1,498Range:$1,095 – $4,800PSF:$2 / $2Sq Ft:963 / 780DOM:54 / 27New:7Total:44
3 Beds
Avg:$3,059Median:$2,875Range:$1,060 – $8,995PSF:$2 / $2Sq Ft:1,742 / 1,800DOM:33 / 22New:25Total:100
4 Beds
Avg:$4,208Median:$3,500Range:$1,750 – $10,000PSF:$2 / $2Sq Ft:2,328 / 2,280DOM:50 / 29New:9Total:45
5 Beds
Avg:$3,900Median:$3,300Range:$3,300 – $4,500PSF:$1 / $1Sq Ft:2,968 / 2,637DOM:76 / 60New:0Total:2
6 Beds
Avg:$4,500Median:$4,500Range:$4,500 – $4,500PSF:$1 / $1Sq Ft:3,825 / 3,825DOM:16 / 16New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,528 | $1,480 | $1,350 – $1,846 | $3 / $3 | 538 / 542 | 135 / 150 | 0 | 9 |
| 1 Beds | $1,512 | $1,350 | $640 – $2,850 | $2 / $2 | 671 / 632 | 49 / 22 | 5 | 30 |
| 2 Beds | $1,872 | $1,498 | $1,095 – $4,800 | $2 / $2 | 963 / 780 | 54 / 27 | 7 | 44 |
| 3 Beds | $3,059 | $2,875 | $1,060 – $8,995 | $2 / $2 | 1,742 / 1,800 | 33 / 22 | 25 | 100 |
| 4 Beds | $4,208 | $3,500 | $1,750 – $10,000 | $2 / $2 | 2,328 / 2,280 | 50 / 29 | 9 | 45 |
| 5 Beds | $3,900 | $3,300 | $3,300 – $4,500 | $1 / $1 | 2,968 / 2,637 | 76 / 60 | 0 | 2 |
| 6 Beds | $4,500 | $4,500 | $4,500 – $4,500 | $1 / $1 | 3,825 / 3,825 | 16 / 16 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$550,000Median DOM:53New:98Total:358
Apr 2026
Median Price:$550,000Median DOM:53New:101Total:375
May 2026
Median Price:$550,000Median DOM:51New:99Total:397
Jun 2026
Median Price:$550,000Median DOM:58New:94Total:420
Jul 2026
Median Price:$570,000Median DOM:63New:92Total:432
Aug 2026
Median Price:$575,000Median DOM:63New:20Total:416
6-Month Rental Trend
Mar 2026
Median Rent:$2,500Median DOM:33New:65Total:192
Apr 2026
Median Rent:$2,550Median DOM:25New:76Total:213
May 2026
Median Rent:$2,500Median DOM:31New:58Total:212
Jun 2026
Median Rent:$2,500Median DOM:23New:80Total:223
Jul 2026
Median Rent:$2,595Median DOM:23New:83Total:226
Aug 2026
Median Rent:$2,600Median DOM:27New:46Total:231
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market were unchanged, signaling steady buyer activity. Rental pricing increased, 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.
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