ZIP 37215 Housing Market Report

Nashville Metro

Report period: May 2026

37215 Monthly Market Update – May 2026

ZIP 37215 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$1,484,999
+2.4%
Median DOM (Sales)
36
+9.1%
New Listings (Sales)
20
−81.8%
Median Rent
$2,095
−6.9%
Median DOM (Rental)
21
+50.0%
Total Rental Listings
81
−2.4%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Multi-Family (15 DOM)
  • Fastest renting: Single Family (8 DOM)
  • Strongest bedroom: 7 Beds ($3,995,000 median)

Sales Market Overview

Median Price
$1,484,999
+2.4%
Median DOM
36
+9.1%
New Listings
20
−81.8%
Inventory
325
−0.3%
  • Average Price: $1,810,646
  • Median Price: $1,484,999
  • Price Range: $182,500 – $6,999,999
  • Price per Sq Ft (Avg/Median): $445 / $427
  • Square Footage (Avg/Median): 3,727 / 3,613
  • Square Footage Range: 584 – 10,038
  • Days on Market (Avg/Median): 60 / 36
  • Days on Market Range: 2 – 363
  • New Listings: 20
  • Total Listings: 325

Sales by Property Type

Condo
Avg/Median Price$338,771 / $295,000Range$182,500 – $990,000Price per Sq Ft$299 / $301Sq Ft1,161 / 1,081DOM102 / 67New3Total42
Land
Avg/Median Price$1,332,684 / $1,100,000Range$198,000 – $2,850,000Price per Sq FtSq FtDOM105 / 72New0Total13
Multi-Family
Avg/Median Price$955,750 / $849,000Range$599,000 – $1,187,500Price per Sq Ft$477 / $482Sq Ft2,010 / 1,825DOM68 / 15New0Total4
Single Family
Avg/Median Price$2,386,491 / $1,999,999Range$250,000 – $6,999,999Price per Sq Ft$499 / $473Sq Ft4,615 / 4,366DOM50 / 33New13Total217
Townhouse
Avg/Median Price$718,675 / $649,900Range$227,000 – $2,500,000Price per Sq Ft$332 / $326Sq Ft2,132 / 2,118DOM55 / 38New4Total49

Sales by Bedroom Count

1 Beds
Avg:$238,009Median:$235,000Range:$182,500 – $295,000PSF:$314 / $311Sq Ft:777 / 748DOM:112 / 61New:1Total:22
2 Beds
Avg:$436,451Median:$359,000Range:$264,900 – $895,000PSF:$319 / $304Sq Ft:1,366 / 1,228DOM:66 / 41New:3Total:42
3 Beds
Avg:$1,078,602Median:$875,000Range:$369,990 – $5,200,000PSF:$398 / $360Sq Ft:2,612 / 2,498DOM:60 / 48New:4Total:52
4 Beds
Avg:$1,868,697Median:$1,775,000Range:$565,000 – $4,999,000PSF:$471 / $445Sq Ft:3,922 / 3,766DOM:47 / 31New:6Total:97
5 Beds
Avg:$3,055,695Median:$2,499,500Range:$980,000 – $6,999,000PSF:$528 / $492Sq Ft:5,636 / 5,380DOM:47 / 32New:6Total:85
6 Beds
Avg:$3,575,992Median:$3,100,000Range:$1,130,000 – $6,999,999PSF:$527 / $485Sq Ft:6,499 / 6,275DOM:67 / 48New:0Total:13
7 Beds
Avg:$3,995,000Median:$3,995,000Range:$3,995,000 – $3,995,000PSF:$469 / $469Sq Ft:8,510 / 8,510DOM:314 / 314New:0Total:1

Rental Market Overview

Median Rent
$2,095
−6.9%
Median DOM
21
+50.0%
New Listings
17
Inventory
81
−2.4%
  • Average Rent: $2,893
  • Median Rent: $2,095
  • Rent Range: $800 – $9,750
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,519 / 1,120
  • Square Footage Range: 555 – 5,254
  • Days on Market (Avg/Median): 27 / 21
  • Days on Market Range: 1 – 162
  • New Listings: 17
  • Total Listings: 81

Rentals by Property Type

Apartment
$1,599
Median DOM: 14
Inventory: 16
MoM: −6.9%
Condo
$1,700
Median DOM: 25
Inventory: 26
MoM: −6.9%
Single Family
$4,200
Median DOM: 8
Inventory: 29
MoM: −6.9%
Townhouse
$1,850
Median DOM: 47
Inventory: 3
MoM: −6.9%
Apartment
Avg/Median Rent$1,801 / $1,599Range$1,050 – $3,950Rent per Sq Ft$2 / $2Sq Ft969 / 800DOM22 / 14New3Total16
Condo
Avg/Median Rent$1,893 / $1,700Range$1,100 – $3,500Rent per Sq Ft$2 / $2Sq Ft962 / 1,031DOM32 / 25New6Total26
Multi-Family
Avg/Median Rent$1,976 / $2,195Range$1,300 – $2,600Rent per Sq Ft$2 / $2Sq Ft1,053 / 1,118DOM16 / 21New1Total7
Single Family
Avg/Median Rent$4,712 / $4,200Range$800 – $9,750Rent per Sq Ft$2 / $2Sq Ft2,517 / 2,500DOM26 / 8New6Total29
Townhouse
Avg/Median Rent$1,950 / $1,850Range$1,300 – $2,700Rent per Sq Ft$2 / $2Sq Ft1,065 / 1,100DOM32 / 47New1Total3

Rentals by Bedroom Count

Studio
Avg:$1,897Median:$1,897Range:$1,897 – $1,897PSF:$3 / $3Sq Ft:555 / 555DOM:New:0Total:1
1 Beds
Avg:$1,471Median:$1,350Range:$1,050 – $3,500PSF:$2 / $2Sq Ft:712 / 663DOM:25 / 22New:4Total:21
2 Beds
Avg:$2,040Median:$2,000Range:$800 – $4,950PSF:$2 / $2Sq Ft:1,170 / 1,118DOM:22 / 14New:9Total:32
3 Beds
Avg:$3,616Median:$3,300Range:$2,095 – $6,500PSF:$2 / $2Sq Ft:1,974 / 1,700DOM:23 / 9New:4Total:15
4 Beds
Avg:$6,731Median:$6,350Range:$4,000 – $9,750PSF:$2 / $2Sq Ft:3,268 / 2,705DOM:60 / 61New:0Total:8
5 Beds
Avg:$7,050Median:$6,500Range:$4,200 – $9,000PSF:$2 / $2Sq Ft:3,508 / 3,109DOM:31 / 15New:0Total:4

6-Month Sales Trend

Dec 2025
Median Price:$1,499,499Median DOM:75New:25Total:296
Jan 2026
Median Price:$1,300,000Median DOM:82New:52Total:260
Feb 2026
Median Price:$1,250,000Median DOM:66New:43Total:239
Mar 2026
Median Price:$1,350,000Median DOM:32New:96Total:256
Apr 2026
Median Price:$1,450,000Median DOM:33New:110Total:326
May 2026
Median Price:$1,484,999Median DOM:36New:20Total:325

6-Month Rental Trend

Dec 2025
Median Rent:$2,400Median DOM:46New:25Total:77
Jan 2026
Median Rent:$2,200Median DOM:29New:28Total:80
Feb 2026
Median Rent:$2,250Median DOM:22New:26Total:81
Mar 2026
Median Rent:$2,275Median DOM:21New:25Total:77
Apr 2026
Median Rent:$2,250Median DOM:14New:35Total:83
May 2026
Median Rent:$2,095Median DOM:21New:17Total:81

Key Market Takeaways

Median sale prices moved higher 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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