ZIP 37209 Housing Market Report
Nashville Metro
Report period: August 2026
37209 Monthly Market Update – August 2026
ZIP 37209 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$630,000
−0.8%
Median DOM (Sales)
51
+2.0%
New Listings (Sales)
42
−74.1%
Median Rent
$2,700
−3.5%
Median DOM (Rental)
15
+7.1%
Total Rental Listings
304
−1.6%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Apartment (24 DOM)
- Fastest renting: Single Family (8 DOM)
- Strongest bedroom: 6 Beds ($2,399,000 median)
Sales Market Overview
Median Price
$630,000
−0.8%
Median DOM
51
+2.0%
New Listings
42
−74.1%
Inventory
645
−3.7%
- Average Price: $754,475
- Median Price: $630,000
- Price Range: $80,000 – $6,900,000
- Price per Sq Ft (Avg/Median): $351 / $328
- Square Footage (Avg/Median): 2,115 / 2,094
- Square Footage Range: 567 – 6,342
- Days on Market (Avg/Median): 66 / 51
- Days on Market Range: 2 – 365
- New Listings: 42
- Total Listings: 645
Sales by Property Type
Apartment
Avg/Median Price$423,500 / $375,000Range$345,000 – $599,000Price per Sq Ft$403 / $441Sq Ft1,229 / 850DOM35 / 24New0Total4
Condo
Avg/Median Price$423,267 / $349,000Range$139,900 – $1,530,000Price per Sq Ft$378 / $379Sq Ft1,175 / 936DOM67 / 55New6Total85
Land
Avg/Median Price$820,178 / $415,000Range$80,000 – $6,900,000Price per Sq Ft—Sq Ft—DOM93 / 83New0Total49
Multi-Family
Avg/Median Price$584,900 / $495,000Range$399,500 – $860,000Price per Sq Ft$309 / $317Sq Ft1,928 / 1,638DOM90 / 72New0Total5
Single Family
Avg/Median Price$883,480 / $700,000Range$125,000 – $3,700,000Price per Sq Ft$364 / $334Sq Ft2,393 / 2,292DOM61 / 43New31Total367
Townhouse
Avg/Median Price$604,553 / $549,900Range$349,999 – $1,750,000Price per Sq Ft$301 / $294Sq Ft1,982 / 2,033DOM69 / 63New5Total135
Sales by Bedroom Count
Studio
Avg:$1,750,000Median:$1,750,000Range:$1,750,000 – $1,750,000PSF:—Sq Ft:—DOM:79 / 79New:0Total:1
1 Beds
Avg:$307,959Median:$298,500Range:$139,900 – $650,000PSF:$420 / $422Sq Ft:726 / 692DOM:84 / 76New:3Total:43
2 Beds
Avg:$445,731Median:$420,000Range:$175,000 – $1,499,000PSF:$381 / $352Sq Ft:1,201 / 1,190DOM:54 / 39New:6Total:83
3 Beds
Avg:$609,086Median:$599,900Range:$125,000 – $1,499,000PSF:$318 / $313Sq Ft:1,964 / 2,028DOM:61 / 43New:19Total:242
4 Beds
Avg:$954,804Median:$799,900Range:$399,500 – $2,550,000PSF:$356 / $328Sq Ft:2,627 / 2,517DOM:67 / 53New:12Total:179
5 Beds
Avg:$1,546,710Median:$1,395,000Range:$329,900 – $3,700,000PSF:$389 / $372Sq Ft:3,730 / 3,618DOM:65 / 58New:2Total:40
6 Beds
Avg:$1,917,541Median:$2,399,000Range:$699,900 – $2,599,000PSF:$438 / $481Sq Ft:4,224 / 4,635DOM:51 / 53New:0Total:7
8 Beds
Avg:$860,000Median:$860,000Range:$860,000 – $860,000PSF:$273 / $273Sq Ft:3,156 / 3,156DOM:22 / 22New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,750,000 | $1,750,000 | $1,750,000 – $1,750,000 | — | — | 79 / 79 | 0 | 1 |
| 1 Beds | $307,959 | $298,500 | $139,900 – $650,000 | $420 / $422 | 726 / 692 | 84 / 76 | 3 | 43 |
| 2 Beds | $445,731 | $420,000 | $175,000 – $1,499,000 | $381 / $352 | 1,201 / 1,190 | 54 / 39 | 6 | 83 |
| 3 Beds | $609,086 | $599,900 | $125,000 – $1,499,000 | $318 / $313 | 1,964 / 2,028 | 61 / 43 | 19 | 242 |
| 4 Beds | $954,804 | $799,900 | $399,500 – $2,550,000 | $356 / $328 | 2,627 / 2,517 | 67 / 53 | 12 | 179 |
| 5 Beds | $1,546,710 | $1,395,000 | $329,900 – $3,700,000 | $389 / $372 | 3,730 / 3,618 | 65 / 58 | 2 | 40 |
| 6 Beds | $1,917,541 | $2,399,000 | $699,900 – $2,599,000 | $438 / $481 | 4,224 / 4,635 | 51 / 53 | 0 | 7 |
| 8 Beds | $860,000 | $860,000 | $860,000 – $860,000 | $273 / $273 | 3,156 / 3,156 | 22 / 22 | 0 | 1 |
Rental Market Overview
Median Rent
$2,700
−3.5%
Median DOM
15
+7.1%
New Listings
64
Inventory
304
−1.6%
- Average Rent: $2,800
- Median Rent: $2,700
- Rent Range: $749 – $10,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,608 / 1,701
- Square Footage Range: 400 – 4,062
- Days on Market (Avg/Median): 38 / 15
- Days on Market Range: 1 – 315
- New Listings: 64
- Total Listings: 304
Rentals by Property Type
Apartment
$1,395
Median DOM: 80
Inventory: 50
MoM: −3.5%
Condo
$1,650
Median DOM: 23
Inventory: 38
MoM: −3.5%
Single Family
$3,200
Median DOM: 8
Inventory: 154
MoM: −3.5%
Townhouse
$3,100
Median DOM: 13
Inventory: 48
MoM: −3.5%
Apartment
Avg/Median Rent$1,682 / $1,395Range$775 – $9,113Rent per Sq Ft$2 / $2Sq Ft778 / 700DOM122 / 80New3Total50
Condo
Avg/Median Rent$2,271 / $1,650Range$1,050 – $6,995Rent per Sq Ft$2 / $2Sq Ft1,210 / 1,000DOM48 / 23New6Total38
Manufactured
Avg/Median Rent$3,950 / $3,950Range$3,950 – $3,950Rent per Sq Ft$2 / $2Sq Ft2,534 / 2,534DOM28 / 28New0Total1
Multi-Family
Avg/Median Rent$1,546 / $1,350Range$995 – $3,549Rent per Sq Ft$2 / $2Sq Ft872 / 780DOM44 / 28New4Total13
Single Family
Avg/Median Rent$3,320 / $3,200Range$749 – $10,000Rent per Sq Ft$2 / $2Sq Ft1,972 / 1,978DOM24 / 8New40Total154
Townhouse
Avg/Median Rent$3,029 / $3,100Range$1,100 – $4,200Rent per Sq Ft$2 / $2Sq Ft1,799 / 1,842DOM25 / 13New11Total48
Rentals by Bedroom Count
Studio
Avg:$1,491Median:$1,490Range:$1,090 – $1,870PSF:$3 / $3Sq Ft:547 / 537DOM:203 / 203New:0Total:8
1 Beds
Avg:$1,423Median:$1,295Range:$925 – $4,290PSF:$2 / $2Sq Ft:778 / 703DOM:82 / 42New:2Total:38
2 Beds
Avg:$1,791Median:$1,599Range:$995 – $3,250PSF:$2 / $2Sq Ft:974 / 950DOM:38 / 9New:20Total:75
3 Beds
Avg:$3,070Median:$3,199Range:$749 – $4,800PSF:$2 / $2Sq Ft:1,838 / 1,935DOM:27 / 11New:26Total:114
4 Beds
Avg:$4,305Median:$3,946Range:$1,300 – $10,000PSF:$2 / $2Sq Ft:2,401 / 2,380DOM:38 / 14New:15Total:65
5 Beds
Avg:$5,192Median:$5,076Range:$3,500 – $7,000PSF:$2 / $2Sq Ft:2,851 / 2,590DOM:38 / 16New:1Total:3
6 Beds
Avg:$5,300Median:$5,300Range:$5,300 – $5,300PSF:$1 / $1Sq Ft:3,648 / 3,648DOM:4 / 4New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,491 | $1,490 | $1,090 – $1,870 | $3 / $3 | 547 / 537 | 203 / 203 | 0 | 8 |
| 1 Beds | $1,423 | $1,295 | $925 – $4,290 | $2 / $2 | 778 / 703 | 82 / 42 | 2 | 38 |
| 2 Beds | $1,791 | $1,599 | $995 – $3,250 | $2 / $2 | 974 / 950 | 38 / 9 | 20 | 75 |
| 3 Beds | $3,070 | $3,199 | $749 – $4,800 | $2 / $2 | 1,838 / 1,935 | 27 / 11 | 26 | 114 |
| 4 Beds | $4,305 | $3,946 | $1,300 – $10,000 | $2 / $2 | 2,401 / 2,380 | 38 / 14 | 15 | 65 |
| 5 Beds | $5,192 | $5,076 | $3,500 – $7,000 | $2 / $2 | 2,851 / 2,590 | 38 / 16 | 1 | 3 |
| 6 Beds | $5,300 | $5,300 | $5,300 – $5,300 | $1 / $1 | 3,648 / 3,648 | 4 / 4 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$649,900Median DOM:36New:218Total:595
Apr 2026
Median Price:$625,000Median DOM:36New:178Total:662
May 2026
Median Price:$625,000Median DOM:38New:205Total:700
Jun 2026
Median Price:$625,000Median DOM:45New:157Total:693
Jul 2026
Median Price:$634,999Median DOM:50New:162Total:670
Aug 2026
Median Price:$630,000Median DOM:51New:42Total:645
6-Month Rental Trend
Mar 2026
Median Rent:$2,545Median DOM:27New:136Total:374
Apr 2026
Median Rent:$2,599Median DOM:27New:103Total:368
May 2026
Median Rent:$2,580Median DOM:19New:110Total:346
Jun 2026
Median Rent:$2,549Median DOM:17New:122Total:318
Jul 2026
Median Rent:$2,799Median DOM:14New:110Total:309
Aug 2026
Median Rent:$2,700Median DOM:15New:64Total:304
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower 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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