ZIP 37208 Housing Market Report
Nashville Metro
Report period: May 2026
37208 Monthly Market Update – May 2026
ZIP 37208 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$550,000
0.0%
Median DOM (Sales)
53
0.0%
New Listings (Sales)
42
−58.4%
Median Rent
$2,500
−2.0%
Median DOM (Rental)
30
+20.0%
Total Rental Listings
206
−3.3%
Month-over-Month Movement
Median sale prices were flat. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (40 DOM)
- Fastest renting: Condo (14 DOM)
- Strongest bedroom: 8 Beds ($1,268,900 median)
Sales Market Overview
Median Price
$550,000
0.0%
Median DOM
53
0.0%
New Listings
42
−58.4%
Inventory
386
+2.9%
- Average Price: $649,378
- Median Price: $550,000
- Price Range: $38,000 – $7,495,000
- Price per Sq Ft (Avg/Median): $380 / $341
- Square Footage (Avg/Median): 1,827 / 1,851
- Square Footage Range: 504 – 10,024
- Days on Market (Avg/Median): 70 / 53
- Days on Market Range: 1 – 363
- New Listings: 42
- Total Listings: 386
Sales by Property Type
Apartment
Avg/Median Price$453,208 / $419,900Range$359,000 – $715,000Price per Sq Ft$626 / $604Sq Ft757 / 675DOM78 / 60New2Total13
Condo
Avg/Median Price$411,963 / $419,900Range$265,000 – $629,000Price per Sq Ft$518 / $529Sq Ft889 / 701DOM73 / 49New7Total29
Land
Avg/Median Price$502,304 / $249,900Range$38,000 – $4,500,000Price per Sq Ft—Sq Ft—DOM100 / 76New4Total54
Manufactured
Avg/Median Price$299,000 / $299,000Range$299,000 – $299,000Price per Sq Ft$275 / $275Sq Ft1,088 / 1,088DOM143 / 143New0Total1
Multi-Family
Avg/Median Price$1,197,817 / $750,000Range$459,000 – $3,399,000Price per Sq Ft$357 / $273Sq Ft3,108 / 2,174DOM114 / 87New0Total6
Single Family
Avg/Median Price$628,968 / $550,000Range$189,900 – $7,495,000Price per Sq Ft$332 / $314Sq Ft1,877 / 1,832DOM58 / 40New19Total184
Townhouse
Avg/Median Price$833,140 / $724,900Range$195,000 – $2,525,000Price per Sq Ft$400 / $373Sq Ft2,080 / 2,130DOM72 / 55New10Total99
Sales by Bedroom Count
Studio
Avg:$484,950Median:$294,900Range:$294,900 – $675,000PSF:$360 / $179Sq Ft:2,155 / 545DOM:112 / 8New:1Total:2
1 Beds
Avg:$397,924Median:$389,999Range:$265,000 – $588,800PSF:$606 / $588Sq Ft:668 / 675DOM:77 / 56New:8Total:32
2 Beds
Avg:$490,293Median:$429,000Range:$189,900 – $1,198,500PSF:$410 / $386Sq Ft:1,166 / 1,064DOM:68 / 52New:4Total:47
3 Beds
Avg:$646,114Median:$555,000Range:$220,000 – $2,950,000PSF:$355 / $323Sq Ft:1,782 / 1,819DOM:61 / 35New:15Total:137
4 Beds
Avg:$773,867Median:$685,000Range:$299,900 – $2,525,000PSF:$335 / $303Sq Ft:2,303 / 2,231DOM:66 / 56New:9Total:100
5 Beds
Avg:$1,976,167Median:$654,000Range:$415,000 – $7,495,000PSF:$359 / $248Sq Ft:4,154 / 2,637DOM:39 / 20New:0Total:6
6 Beds
Avg:$661,800Median:$750,000Range:$459,000 – $790,000PSF:$295 / $273Sq Ft:2,278 / 2,174DOM:94 / 68New:1Total:5
7 Beds
Avg:$1,050,000Median:$1,050,000Range:$1,050,000 – $1,050,000PSF:$227 / $227Sq Ft:4,621 / 4,621DOM:21 / 21New:0Total:1
8 Beds
Avg:$2,333,950Median:$1,268,900Range:$1,268,900 – $3,399,000PSF:$454 / $228Sq Ft:5,282 / 5,000DOM:110 / 98New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $484,950 | $294,900 | $294,900 – $675,000 | $360 / $179 | 2,155 / 545 | 112 / 8 | 1 | 2 |
| 1 Beds | $397,924 | $389,999 | $265,000 – $588,800 | $606 / $588 | 668 / 675 | 77 / 56 | 8 | 32 |
| 2 Beds | $490,293 | $429,000 | $189,900 – $1,198,500 | $410 / $386 | 1,166 / 1,064 | 68 / 52 | 4 | 47 |
| 3 Beds | $646,114 | $555,000 | $220,000 – $2,950,000 | $355 / $323 | 1,782 / 1,819 | 61 / 35 | 15 | 137 |
| 4 Beds | $773,867 | $685,000 | $299,900 – $2,525,000 | $335 / $303 | 2,303 / 2,231 | 66 / 56 | 9 | 100 |
| 5 Beds | $1,976,167 | $654,000 | $415,000 – $7,495,000 | $359 / $248 | 4,154 / 2,637 | 39 / 20 | 0 | 6 |
| 6 Beds | $661,800 | $750,000 | $459,000 – $790,000 | $295 / $273 | 2,278 / 2,174 | 94 / 68 | 1 | 5 |
| 7 Beds | $1,050,000 | $1,050,000 | $1,050,000 – $1,050,000 | $227 / $227 | 4,621 / 4,621 | 21 / 21 | 0 | 1 |
| 8 Beds | $2,333,950 | $1,268,900 | $1,268,900 – $3,399,000 | $454 / $228 | 5,282 / 5,000 | 110 / 98 | 0 | 2 |
Rental Market Overview
Median Rent
$2,500
−2.0%
Median DOM
30
+20.0%
New Listings
29
Inventory
206
−3.3%
- Average Rent: $2,676
- Median Rent: $2,500
- Rent Range: $650 – $8,947
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,493 / 1,492
- Square Footage Range: 320 – 3,825
- Days on Market (Avg/Median): 54 / 30
- Days on Market Range: 1 – 364
- New Listings: 29
- Total Listings: 206
Rentals by Property Type
Apartment
$1,498
Median DOM: 99
Inventory: 34
MoM: −2.0%
Condo
$2,350
Median DOM: 14
Inventory: 19
MoM: −2.0%
Single Family
$2,699
Median DOM: 17
Inventory: 116
MoM: −2.0%
Townhouse
$2,950
Median DOM: 29
Inventory: 23
MoM: −2.0%
Apartment
Avg/Median Rent$1,962 / $1,498Range$795 – $8,006Rent per Sq Ft$3 / $2Sq Ft758 / 603DOM137 / 99New0Total34
Condo
Avg/Median Rent$2,623 / $2,350Range$950 – $7,995Rent per Sq Ft$2 / $2Sq Ft1,215 / 1,000DOM37 / 14New6Total19
Multi-Family
Avg/Median Rent$1,828 / $1,400Range$755 – $3,950Rent per Sq Ft$2 / $2Sq Ft1,107 / 750DOM78 / 37New0Total14
Single Family
Avg/Median Rent$2,819 / $2,699Range$650 – $8,349Rent per Sq Ft$2 / $2Sq Ft1,736 / 1,708DOM40 / 17New22Total116
Townhouse
Avg/Median Rent$3,573 / $2,950Range$1,400 – $8,947Rent per Sq Ft$2 / $2Sq Ft1,790 / 1,782DOM50 / 29New1Total23
Rentals by Bedroom Count
Studio
Avg:$1,557Median:$1,523Range:$1,218 – $1,799PSF:$3 / $3Sq Ft:552 / 560DOM:110 / 58New:0Total:9
1 Beds
Avg:$1,376Median:$1,195Range:$755 – $2,400PSF:$2 / $2Sq Ft:585 / 575DOM:92 / 81New:3Total:19
2 Beds
Avg:$1,888Median:$1,500Range:$650 – $5,200PSF:$2 / $2Sq Ft:975 / 880DOM:70 / 40New:6Total:45
3 Beds
Avg:$2,808Median:$2,650Range:$900 – $6,850PSF:$2 / $2Sq Ft:1,639 / 1,708DOM:43 / 21New:12Total:89
4 Beds
Avg:$3,988Median:$3,300Range:$1,750 – $8,947PSF:$2 / $1Sq Ft:2,246 / 2,369DOM:48 / 31New:7Total:39
5 Beds
Avg:$3,105Median:$2,425Range:$1,995 – $4,500PSF:$1 / $1Sq Ft:2,426 / 2,100DOM:13 / 5New:1Total:4
6 Beds
Avg:$8,349Median:$8,349Range:$8,349 – $8,349PSF:$2 / $2Sq Ft:3,825 / 3,825DOM:36 / 36New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,557 | $1,523 | $1,218 – $1,799 | $3 / $3 | 552 / 560 | 110 / 58 | 0 | 9 |
| 1 Beds | $1,376 | $1,195 | $755 – $2,400 | $2 / $2 | 585 / 575 | 92 / 81 | 3 | 19 |
| 2 Beds | $1,888 | $1,500 | $650 – $5,200 | $2 / $2 | 975 / 880 | 70 / 40 | 6 | 45 |
| 3 Beds | $2,808 | $2,650 | $900 – $6,850 | $2 / $2 | 1,639 / 1,708 | 43 / 21 | 12 | 89 |
| 4 Beds | $3,988 | $3,300 | $1,750 – $8,947 | $2 / $1 | 2,246 / 2,369 | 48 / 31 | 7 | 39 |
| 5 Beds | $3,105 | $2,425 | $1,995 – $4,500 | $1 / $1 | 2,426 / 2,100 | 13 / 5 | 1 | 4 |
| 6 Beds | $8,349 | $8,349 | $8,349 – $8,349 | $2 / $2 | 3,825 / 3,825 | 36 / 36 | 0 | 1 |
6-Month Sales Trend
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:53New:98Total:358
Apr 2026
Median Price:$550,000Median DOM:53New:101Total:375
May 2026
Median Price:$550,000Median DOM:53New:42Total:386
6-Month Rental Trend
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:33New:65Total:192
Apr 2026
Median Rent:$2,550Median DOM:25New:76Total:213
May 2026
Median Rent:$2,500Median DOM:30New:29Total:206
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market were unchanged, signaling steady 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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