ZIP 37211 Housing Market Report

Nashville Metro

Report period: May 2026

37211 Monthly Market Update – May 2026

ZIP 37211 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$450,000
+2.3%
Median DOM (Sales)
38
+11.8%
New Listings (Sales)
50
−72.7%
Median Rent
$1,800
+0.1%
Median DOM (Rental)
23
−20.7%
Total Rental Listings
294
+4.3%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (27 DOM)
  • Fastest renting: Single Family (8 DOM)
  • Strongest bedroom: 7 Beds ($999,900 median)

Sales Market Overview

Median Price
$450,000
+2.3%
Median DOM
38
+11.8%
New Listings
50
−72.7%
Inventory
560
+1.6%
  • Average Price: $501,091
  • Median Price: $450,000
  • Price Range: $98,900 – $3,999,000
  • Price per Sq Ft (Avg/Median): $265 / $254
  • Square Footage (Avg/Median): 1,882 / 1,742
  • Square Footage Range: 644 – 5,800
  • Days on Market (Avg/Median): 58 / 38
  • Days on Market Range: 2 – 361
  • New Listings: 50
  • Total Listings: 560

Sales by Property Type

Condo
Avg/Median Price$196,958 / $185,000Range$98,900 – $350,000Price per Sq Ft$212 / $215Sq Ft937 / 958DOM80 / 43New3Total65
Land
Avg/Median Price$689,037 / $251,000Range$119,900 – $3,999,000Price per Sq FtSq FtDOM109 / 56New1Total13
Manufactured
Avg/Median Price$399,000 / $399,000Range$399,000 – $399,000Price per Sq Ft$297 / $297Sq Ft1,344 / 1,344DOM200 / 200New0Total1
Multi-Family
Avg/Median Price$477,267 / $468,800Range$389,900 – $549,900Price per Sq Ft$229 / $230Sq Ft2,144 / 2,139DOM159 / 69New1Total6
Single Family
Avg/Median Price$584,297 / $525,000Range$220,000 – $3,900,000Price per Sq Ft$281 / $266Sq Ft2,168 / 2,080DOM48 / 27New38Total348
Townhouse
Avg/Median Price$411,442 / $329,900Range$175,000 – $1,350,037Price per Sq Ft$251 / $234Sq Ft1,574 / 1,518DOM63 / 53New7Total127

Sales by Bedroom Count

1 Beds
Avg:$164,621Median:$151,700Range:$98,900 – $280,000PSF:$236 / $234Sq Ft:699 / 675DOM:97 / 70New:1Total:19
2 Beds
Avg:$272,618Median:$285,900Range:$110,000 – $524,990PSF:$243 / $236Sq Ft:1,137 / 1,088DOM:64 / 49New:6Total:123
3 Beds
Avg:$487,771Median:$450,000Range:$200,000 – $3,900,000PSF:$275 / $261Sq Ft:1,810 / 1,700DOM:53 / 33New:25Total:232
4 Beds
Avg:$681,856Median:$625,000Range:$350,000 – $1,825,000PSF:$276 / $258Sq Ft:2,496 / 2,362DOM:55 / 39New:15Total:147
5 Beds
Avg:$893,705Median:$799,900Range:$468,800 – $1,999,999PSF:$266 / $254Sq Ft:3,270 / 3,292DOM:41 / 33New:0Total:18
6 Beds
Avg:$612,717Median:$549,900Range:$525,000 – $749,900PSF:$186 / $162Sq Ft:3,409 / 3,120DOM:62 / 11New:2Total:6
7 Beds
Avg:$999,900Median:$999,900Range:$999,900 – $999,900PSF:$214 / $214Sq Ft:4,678 / 4,678DOM:32 / 32New:0Total:1
8 Beds
Avg:$835,000Median:$835,000Range:$835,000 – $835,000PSF:$144 / $144Sq Ft:5,800 / 5,800DOM:16 / 16New:0Total:1

Rental Market Overview

Median Rent
$1,800
+0.1%
Median DOM
23
−20.7%
New Listings
67
Inventory
294
+4.3%
  • Average Rent: $2,031
  • Median Rent: $1,800
  • Rent Range: $775 – $10,000
  • Rent per Sq Ft (Avg/Median): $2 / $1
  • Square Footage (Avg/Median): 1,395 / 1,202
  • Square Footage Range: 330 – 4,123
  • Days on Market (Avg/Median): 59 / 23
  • Days on Market Range: 1 – 351
  • New Listings: 67
  • Total Listings: 294

Rentals by Property Type

Apartment
$1,144
Median DOM: 85
Inventory: 77
MoM: +0.1%
Condo
$1,500
Median DOM: 33
Inventory: 47
MoM: +0.1%
Single Family
$2,600
Median DOM: 8
Inventory: 125
MoM: +0.1%
Townhouse
$1,995
Median DOM: 19
Inventory: 36
MoM: +0.1%
Apartment
Avg/Median Rent$1,282 / $1,144Range$775 – $6,573Rent per Sq Ft$2 / $2Sq Ft795 / 720DOM129 / 85New3Total77
Condo
Avg/Median Rent$1,593 / $1,500Range$875 – $6,995Rent per Sq Ft$1 / $1Sq Ft1,078 / 1,020DOM63 / 33New10Total47
Multi-Family
Avg/Median Rent$1,716 / $1,600Range$945 – $2,550Rent per Sq Ft$2 / $2Sq Ft1,596 / 1,200DOM40 / 21New3Total9
Single Family
Avg/Median Rent$2,681 / $2,600Range$950 – $10,000Rent per Sq Ft$2 / $1Sq Ft1,866 / 1,717DOM30 / 8New41Total125
Townhouse
Avg/Median Rent$2,024 / $1,995Range$1,199 – $2,800Rent per Sq Ft$1 / $1Sq Ft1,431 / 1,426DOM52 / 19New10Total36

Rentals by Bedroom Count

Studio
Avg:$1,074Median:$1,110Range:$875 – $1,226PSF:$2 / $2Sq Ft:519 / 542DOM:229 / 196New:0Total:7
1 Beds
Avg:$1,121Median:$1,099Range:$775 – $2,000PSF:$2 / $2Sq Ft:708 / 700DOM:116 / 51New:3Total:61
2 Beds
Avg:$1,556Median:$1,599Range:$849 – $2,500PSF:$1 / $1Sq Ft:1,103 / 1,044DOM:47 / 21New:23Total:80
3 Beds
Avg:$2,414Median:$2,350Range:$1,600 – $6,573PSF:$2 / $1Sq Ft:1,627 / 1,545DOM:49 / 21New:28Total:108
4 Beds
Avg:$3,462Median:$3,000Range:$2,000 – $10,000PSF:$1 / $1Sq Ft:2,520 / 2,388DOM:33 / 7New:11Total:33
5 Beds
Avg:$4,329Median:$3,800Range:$3,200 – $6,850PSF:$2 / $1Sq Ft:3,035 / 2,622DOM:29 / 31New:2Total:5

6-Month Sales Trend

Dec 2025
Median Price:$459,900Median DOM:65New:71Total:539
Jan 2026
Median Price:$454,000Median DOM:67New:104Total:500
Feb 2026
Median Price:$454,000Median DOM:56New:103Total:511
Mar 2026
Median Price:$445,000Median DOM:39New:165Total:490
Apr 2026
Median Price:$440,000Median DOM:34New:183Total:551
May 2026
Median Price:$450,000Median DOM:38New:50Total:560

6-Month Rental Trend

Dec 2025
Median Rent:$1,895Median DOM:29New:104Total:318
Jan 2026
Median Rent:$1,900Median DOM:42New:85Total:298
Feb 2026
Median Rent:$1,895Median DOM:40New:84Total:304
Mar 2026
Median Rent:$1,795Median DOM:25New:96Total:277
Apr 2026
Median Rent:$1,799Median DOM:29New:91Total:282
May 2026
Median Rent:$1,800Median DOM:23New:67Total:294

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower 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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