ZIP 37212 Housing Market Report

Nashville Metro

Report period: May 2026

37212 Monthly Market Update – May 2026

ZIP 37212 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$875,000
−2.2%
Median DOM (Sales)
43
+7.5%
New Listings (Sales)
17
−70.7%
Median Rent
$2,200
0.0%
Median DOM (Rental)
30
−6.3%
Total Rental Listings
169
−4.0%

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: Land (8 DOM)
  • Fastest renting: Single Family (10 DOM)
  • Strongest bedroom: 6 Beds ($3,999,990 median)

Sales Market Overview

Median Price
$875,000
−2.2%
Median DOM
43
+7.5%
New Listings
17
−70.7%
Inventory
208
+3.0%
  • Average Price: $1,146,867
  • Median Price: $875,000
  • Price Range: $175,000 – $5,399,900
  • Price per Sq Ft (Avg/Median): $473 / $435
  • Square Footage (Avg/Median): 2,366 / 2,170
  • Square Footage Range: 412 – 8,837
  • Days on Market (Avg/Median): 68 / 43
  • Days on Market Range: 3 – 354
  • New Listings: 17
  • Total Listings: 208

Sales by Property Type

Apartment
Avg/Median Price$472,500 / $360,000Range$360,000 – $585,000Price per Sq Ft$481 / $465Sq Ft992 / 726DOM82 / 41New0Total2
Condo
Avg/Median Price$478,389 / $395,000Range$175,000 – $1,849,999Price per Sq Ft$461 / $379Sq Ft1,042 / 953DOM87 / 53New7Total76
Land
Avg/Median Price$749,450 / $649,000Range$649,000 – $849,900Price per Sq FtSq FtDOM57 / 8New1Total2
Multi-Family
Avg/Median Price$1,180,000 / $995,000Range$925,000 – $1,750,000Price per Sq Ft$407 / $370Sq Ft3,002 / 2,399DOM134 / 10New1Total4
Single Family
Avg/Median Price$1,828,630 / $1,599,000Range$570,000 – $5,399,900Price per Sq Ft$514 / $509Sq Ft3,489 / 3,380DOM55 / 43New4Total85
Townhouse
Avg/Median Price$1,015,210 / $969,899Range$460,000 – $1,845,000Price per Sq Ft$414 / $391Sq Ft2,504 / 2,564DOM52 / 35New4Total39

Sales by Bedroom Count

1 Beds
Avg:$323,265Median:$348,500Range:$175,000 – $650,000PSF:$444 / $438Sq Ft:751 / 621DOM:93 / 69New:6Total:37
2 Beds
Avg:$629,894Median:$519,900Range:$235,000 – $1,398,000PSF:$490 / $404Sq Ft:1,303 / 1,250DOM:75 / 46New:1Total:49
3 Beds
Avg:$936,757Median:$899,000Range:$530,000 – $1,599,000PSF:$424 / $374Sq Ft:2,310 / 2,430DOM:41 / 27New:3Total:35
4 Beds
Avg:$1,500,496Median:$1,325,000Range:$585,000 – $3,199,000PSF:$472 / $449Sq Ft:3,160 / 2,989DOM:63 / 45New:4Total:48
5 Beds
Avg:$2,072,187Median:$1,849,900Range:$799,000 – $4,499,999PSF:$498 / $487Sq Ft:4,056 / 3,781DOM:62 / 43New:2Total:30
6 Beds
Avg:$3,649,598Median:$3,999,990Range:$2,499,000 – $4,999,000PSF:$603 / $567Sq Ft:6,037 / 6,080DOM:35 / 36New:0Total:5
7 Beds
Avg:$4,499,950Median:$3,600,000Range:$3,600,000 – $5,399,900PSF:$796 / $636Sq Ft:5,654 / 5,650DOM:184 / 36New:0Total:2

Rental Market Overview

Median Rent
$2,200
0.0%
Median DOM
30
−6.3%
New Listings
29
Inventory
169
−4.0%
  • Average Rent: $2,734
  • Median Rent: $2,200
  • Rent Range: $995 – $9,500
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,315 / 1,086
  • Square Footage Range: 300 – 4,192
  • Days on Market (Avg/Median): 58 / 30
  • Days on Market Range: 1 – 345
  • New Listings: 29
  • Total Listings: 169

Rentals by Property Type

Apartment
$1,699
Median DOM: 54
Inventory: 32
MoM: 0.0%
Condo
$1,999
Median DOM: 35
Inventory: 53
MoM: 0.0%
Single Family
$3,995
Median DOM: 10
Inventory: 52
MoM: 0.0%
Townhouse
$2,600
Median DOM: 33
Inventory: 14
MoM: 0.0%
Apartment
Avg/Median Rent$1,959 / $1,699Range$995 – $5,792Rent per Sq Ft$3 / $2Sq Ft805 / 650DOM82 / 54New2Total32
Condo
Avg/Median Rent$2,274 / $1,999Range$1,050 – $5,900Rent per Sq Ft$2 / $2Sq Ft996 / 810DOM72 / 35New9Total53
Multi-Family
Avg/Median Rent$1,893 / $1,650Range$1,200 – $2,995Rent per Sq Ft$2 / $2Sq Ft1,037 / 931DOM59 / 39New2Total18
Single Family
Avg/Median Rent$3,860 / $3,995Range$1,000 – $9,500Rent per Sq Ft$2 / $2Sq Ft1,990 / 2,000DOM39 / 10New14Total52
Townhouse
Avg/Median Rent$3,146 / $2,600Range$1,450 – $5,500Rent per Sq Ft$2 / $2Sq Ft1,526 / 1,265DOM31 / 33New2Total14

Rentals by Bedroom Count

Studio
Avg:$1,421Median:$1,600Range:$995 – $1,849PSF:$3 / $3Sq Ft:445 / 500DOM:38 / 32New:0Total:7
1 Beds
Avg:$1,586Median:$1,495Range:$1,000 – $3,082PSF:$2 / $2Sq Ft:672 / 619DOM:72 / 35New:8Total:55
2 Beds
Avg:$2,166Median:$2,000Range:$1,300 – $3,875PSF:$2 / $2Sq Ft:1,117 / 1,086DOM:61 / 34New:7Total:49
3 Beds
Avg:$3,692Median:$3,600Range:$1,800 – $5,900PSF:$2 / $2Sq Ft:1,773 / 1,507DOM:37 / 20New:7Total:30
4 Beds
Avg:$5,259Median:$4,900Range:$3,200 – $9,500PSF:$2 / $2Sq Ft:2,507 / 2,307DOM:58 / 8New:7Total:23
5 Beds
Avg:$4,907Median:$4,500Range:$4,295 – $5,925PSF:$2 / $2Sq Ft:2,767 / 2,632DOM:34 / 21New:0Total:3
6 Beds
Avg:$6,150Median:$5,500Range:$5,500 – $6,800PSF:$2 / $2Sq Ft:3,418 / 2,686DOM:34 / 13New:0Total:2

6-Month Sales Trend

Dec 2025
Median Price:$850,000Median DOM:83New:12Total:196
Jan 2026
Median Price:$850,000Median DOM:80New:37Total:177
Feb 2026
Median Price:$900,000Median DOM:74New:28Total:167
Mar 2026
Median Price:$899,000Median DOM:39New:63Total:171
Apr 2026
Median Price:$895,000Median DOM:40New:58Total:202
May 2026
Median Price:$875,000Median DOM:43New:17Total:208

6-Month Rental Trend

Dec 2025
Median Rent:$2,295Median DOM:50New:39Total:156
Jan 2026
Median Rent:$2,400Median DOM:52New:48Total:162
Feb 2026
Median Rent:$2,450Median DOM:48New:45Total:171
Mar 2026
Median Rent:$2,495Median DOM:34New:52Total:168
Apr 2026
Median Rent:$2,200Median DOM:32New:58Total:176
May 2026
Median Rent:$2,200Median DOM:30New:29Total:169

Key Market Takeaways

Median sale prices softened this month while inventory expanded. 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.

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