ZIP 37209 Housing Market Report
Nashville Metro
Report period: May 2026
37209 Monthly Market Update – May 2026
ZIP 37209 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$622,000
−0.5%
Median DOM (Sales)
39
+8.3%
New Listings (Sales)
60
−66.3%
Median Rent
$2,599
0.0%
Median DOM (Rental)
23
−14.8%
Total Rental Listings
367
−0.3%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (33 DOM)
- Fastest renting: Single Family (12 DOM)
- Strongest bedroom: 6 Beds ($2,220,000 median)
Sales Market Overview
Median Price
$622,000
−0.5%
Median DOM
39
+8.3%
New Listings
60
−66.3%
Inventory
658
−0.6%
- Average Price: $733,582
- Median Price: $622,000
- Price Range: $100,000 – $8,550,000
- Price per Sq Ft (Avg/Median): $352 / $328
- Square Footage (Avg/Median): 2,065 / 2,110
- Square Footage Range: 528 – 6,342
- Days on Market (Avg/Median): 55 / 39
- Days on Market Range: 2 – 361
- New Listings: 60
- Total Listings: 658
Sales by Property Type
Apartment
Avg/Median Price$449,450 / $399,900Range$399,900 – $499,000Price per Sq Ft$397 / $323Sq Ft1,197 / 850DOM139 / 112New0Total2
Condo
Avg/Median Price$409,775 / $368,900Range$119,900 – $1,530,000Price per Sq Ft$380 / $384Sq Ft1,155 / 874DOM57 / 43New9Total95
Land
Avg/Median Price$814,971 / $425,000Range$100,000 – $8,550,000Price per Sq Ft—Sq Ft—DOM71 / 41New2Total47
Multi-Family
Avg/Median Price$632,967 / $699,000Range$449,900 – $750,000Price per Sq Ft$372 / $358Sq Ft1,726 / 1,638DOM81 / 64New0Total3
Single Family
Avg/Median Price$868,848 / $729,990Range$225,000 – $4,200,000Price per Sq Ft$362 / $333Sq Ft2,373 / 2,313DOM50 / 33New38Total354
Townhouse
Avg/Median Price$605,696 / $569,000Range$286,900 – $1,750,000Price per Sq Ft$311 / $295Sq Ft1,938 / 2,028DOM58 / 43New11Total157
Sales by Bedroom Count
Studio
Avg:$1,750,000Median:$1,750,000Range:$1,750,000 – $1,750,000PSF:—Sq Ft:—DOM:41 / 41New:0Total:1
1 Beds
Avg:$301,511Median:$289,000Range:$119,900 – $975,000PSF:$423 / $428Sq Ft:700 / 685DOM:66 / 53New:4Total:49
2 Beds
Avg:$436,609Median:$419,000Range:$190,000 – $1,199,000PSF:$387 / $366Sq Ft:1,147 / 1,152DOM:58 / 37New:13Total:88
3 Beds
Avg:$638,902Median:$610,000Range:$230,000 – $1,950,000PSF:$317 / $308Sq Ft:2,053 / 2,104DOM:53 / 35New:29Total:254
4 Beds
Avg:$916,613Median:$799,000Range:$449,900 – $2,399,000PSF:$354 / $330Sq Ft:2,551 / 2,448DOM:51 / 42New:7Total:183
5 Beds
Avg:$1,604,911Median:$1,599,900Range:$346,750 – $4,200,000PSF:$404 / $411Sq Ft:3,738 / 3,454DOM:41 / 22New:5Total:32
6 Beds
Avg:$2,017,250Median:$2,220,000Range:$750,000 – $2,599,000PSF:$472 / $504Sq Ft:4,114 / 4,407DOM:81 / 64New:0Total:4
| 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 | — | — | 41 / 41 | 0 | 1 |
| 1 Beds | $301,511 | $289,000 | $119,900 – $975,000 | $423 / $428 | 700 / 685 | 66 / 53 | 4 | 49 |
| 2 Beds | $436,609 | $419,000 | $190,000 – $1,199,000 | $387 / $366 | 1,147 / 1,152 | 58 / 37 | 13 | 88 |
| 3 Beds | $638,902 | $610,000 | $230,000 – $1,950,000 | $317 / $308 | 2,053 / 2,104 | 53 / 35 | 29 | 254 |
| 4 Beds | $916,613 | $799,000 | $449,900 – $2,399,000 | $354 / $330 | 2,551 / 2,448 | 51 / 42 | 7 | 183 |
| 5 Beds | $1,604,911 | $1,599,900 | $346,750 – $4,200,000 | $404 / $411 | 3,738 / 3,454 | 41 / 22 | 5 | 32 |
| 6 Beds | $2,017,250 | $2,220,000 | $750,000 – $2,599,000 | $472 / $504 | 4,114 / 4,407 | 81 / 64 | 0 | 4 |
Rental Market Overview
Median Rent
$2,599
0.0%
Median DOM
23
−14.8%
New Listings
63
Inventory
367
−0.3%
- Average Rent: $2,736
- Median Rent: $2,599
- Rent Range: $749 – $8,778
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,587 / 1,506
- Square Footage Range: 381 – 20,000
- Days on Market (Avg/Median): 49 / 23
- Days on Market Range: 1 – 336
- New Listings: 63
- Total Listings: 367
Rentals by Property Type
Apartment
$1,375
Median DOM: 95
Inventory: 65
MoM: 0.0%
Condo
$2,158
Median DOM: 40
Inventory: 51
MoM: 0.0%
Single Family
$3,049
Median DOM: 12
Inventory: 174
MoM: 0.0%
Townhouse
$2,800
Median DOM: 16
Inventory: 57
MoM: 0.0%
Apartment
Avg/Median Rent$1,833 / $1,375Range$750 – $8,778Rent per Sq Ft$2 / $2Sq Ft881 / 697DOM122 / 95New5Total65
Condo
Avg/Median Rent$2,569 / $2,158Range$1,150 – $6,995Rent per Sq Ft$2 / $2Sq Ft1,331 / 1,062DOM63 / 40New8Total51
Multi-Family
Avg/Median Rent$1,546 / $1,500Range$1,000 – $2,400Rent per Sq Ft$2 / $2Sq Ft835 / 787DOM41 / 36New3Total20
Single Family
Avg/Median Rent$3,211 / $3,049Range$749 – $8,000Rent per Sq Ft$2 / $2Sq Ft1,874 / 1,935DOM32 / 12New35Total174
Townhouse
Avg/Median Rent$2,881 / $2,800Range$749 – $8,661Rent per Sq Ft$2 / $2Sq Ft2,024 / 1,854DOM37 / 16New12Total57
Rentals by Bedroom Count
Studio
Avg:$1,395Median:$1,364Range:$1,000 – $1,870PSF:$3 / $3Sq Ft:510 / 516DOM:133 / 122New:0Total:18
1 Beds
Avg:$1,387Median:$1,300Range:$749 – $4,290PSF:$2 / $2Sq Ft:721 / 697DOM:87 / 60New:1Total:45
2 Beds
Avg:$1,888Median:$1,695Range:$920 – $3,900PSF:$2 / $2Sq Ft:1,002 / 968DOM:55 / 23New:19Total:91
3 Beds
Avg:$3,096Median:$3,000Range:$945 – $7,895PSF:$2 / $2Sq Ft:1,842 / 1,920DOM:31 / 13New:28Total:149
4 Beds
Avg:$4,386Median:$4,000Range:$2,400 – $8,778PSF:$2 / $2Sq Ft:2,698 / 2,332DOM:53 / 31New:15Total:61
5 Beds
Avg:$5,315Median:$4,995Range:$3,950 – $7,000PSF:$2 / $2Sq Ft:3,335 / 3,144DOM:55 / 65New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,395 | $1,364 | $1,000 – $1,870 | $3 / $3 | 510 / 516 | 133 / 122 | 0 | 18 |
| 1 Beds | $1,387 | $1,300 | $749 – $4,290 | $2 / $2 | 721 / 697 | 87 / 60 | 1 | 45 |
| 2 Beds | $1,888 | $1,695 | $920 – $3,900 | $2 / $2 | 1,002 / 968 | 55 / 23 | 19 | 91 |
| 3 Beds | $3,096 | $3,000 | $945 – $7,895 | $2 / $2 | 1,842 / 1,920 | 31 / 13 | 28 | 149 |
| 4 Beds | $4,386 | $4,000 | $2,400 – $8,778 | $2 / $2 | 2,698 / 2,332 | 53 / 31 | 15 | 61 |
| 5 Beds | $5,315 | $4,995 | $3,950 – $7,000 | $2 / $2 | 3,335 / 3,144 | 55 / 65 | 0 | 3 |
6-Month Sales Trend
Dec 2025
Median Price:$625,000Median DOM:69New:98Total:633
Jan 2026
Median Price:$630,000Median DOM:61New:171Total:627
Feb 2026
Median Price:$629,000Median DOM:53New:116Total:614
Mar 2026
Median Price:$649,900Median DOM:36New:218Total:595
Apr 2026
Median Price:$625,000Median DOM:36New:178Total:662
May 2026
Median Price:$622,000Median DOM:39New:60Total:658
6-Month Rental Trend
Dec 2025
Median Rent:$2,565Median DOM:28New:131Total:376
Jan 2026
Median Rent:$2,635Median DOM:33New:124Total:383
Feb 2026
Median Rent:$2,610Median DOM:30New:131Total:395
Mar 2026
Median Rent:$2,545Median DOM:27New:136Total:374
Apr 2026
Median Rent:$2,599Median DOM:27New:103Total:368
May 2026
Median Rent:$2,599Median DOM:23New:63Total:367
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower 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.
370103701337014370153702237027370293703137032370353703637037370463704837049370513705537060370623706437066370673706937072370733707537076370803708237085+51 more
← Back to Nashville Metro