ZIP 37216 Housing Market Report
Nashville Metro
Report period: June 2026
37216 Monthly Market Update – June 2026
ZIP 37216 · Last updated Jun 13, 2026 · Data range Jan 2026 – Jun 2026
Executive Snapshot
Median Sale Price
$550,000
−0.7%
Median DOM (Sales)
38
+15.2%
New Listings (Sales)
35
−57.3%
Median Rent
$2,475
0.0%
Median DOM (Rental)
15
0.0%
Total Rental Listings
108
+2.9%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (29 DOM)
- Fastest renting: Single Family (6 DOM)
- Strongest bedroom: 6 Beds ($949,000 median)
Sales Market Overview
Median Price
$550,000
−0.7%
Median DOM
38
+15.2%
New Listings
35
−57.3%
Inventory
302
+3.8%
- Average Price: $655,319
- Median Price: $550,000
- Price Range: $45,000 – $5,100,000
- Price per Sq Ft (Avg/Median): $345 / $336
- Square Footage (Avg/Median): 1,787 / 1,716
- Square Footage Range: 581 – 5,573
- Days on Market (Avg/Median): 54 / 38
- Days on Market Range: 1 – 325
- New Listings: 35
- Total Listings: 302
Sales by Property Type
Apartment
Avg/Median Price$435,000 / $420,000Range$420,000 – $450,000Price per Sq Ft$463 / $448Sq Ft940 / 937DOM65 / 65New0Total2
Condo
Avg/Median Price$370,516 / $320,000Range$250,000 – $649,000Price per Sq Ft$384 / $375Sq Ft972 / 873DOM87 / 57New2Total19
Land
Avg/Median Price$1,327,048 / $445,000Range$45,000 – $5,100,000Price per Sq Ft—Sq Ft—DOM89 / 88New2Total25
Multi-Family
Avg/Median Price$648,986 / $499,900Range$409,999 – $949,000Price per Sq Ft$293 / $298Sq Ft2,221 / 1,920DOM72 / 41New0Total7
Single Family
Avg/Median Price$635,031 / $585,000Range$297,000 – $1,975,000Price per Sq Ft$346 / $341Sq Ft1,905 / 1,800DOM44 / 29New27Total198
Townhouse
Avg/Median Price$520,420 / $544,999Range$244,900 – $849,900Price per Sq Ft$329 / $331Sq Ft1,604 / 1,724DOM62 / 45New4Total51
Sales by Bedroom Count
1 Beds
Avg:$296,556Median:$289,900Range:$244,900 – $410,000PSF:$359 / $350Sq Ft:841 / 791DOM:63 / 56New:0Total:18
2 Beds
Avg:$418,686Median:$409,999Range:$289,900 – $730,000PSF:$397 / $409Sq Ft:1,075 / 1,039DOM:48 / 28New:7Total:51
3 Beds
Avg:$564,674Median:$559,000Range:$300,000 – $930,000PSF:$332 / $324Sq Ft:1,752 / 1,727DOM:47 / 35New:17Total:130
4 Beds
Avg:$779,661Median:$725,000Range:$365,900 – $1,975,000PSF:$331 / $332Sq Ft:2,346 / 2,226DOM:58 / 33New:8Total:65
5 Beds
Avg:$1,047,970Median:$900,000Range:$549,900 – $1,800,000PSF:$320 / $269Sq Ft:3,328 / 3,224DOM:34 / 31New:1Total:10
6 Beds
Avg:$1,287,000Median:$949,000Range:$949,000 – $1,625,000PSF:$301 / $278Sq Ft:4,217 / 3,412DOM:63 / 60New:0Total:2
8 Beds
Avg:$900,000Median:$900,000Range:$900,000 – $900,000PSF:$298 / $298Sq Ft:3,024 / 3,024DOM:281 / 281New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $296,556 | $289,900 | $244,900 – $410,000 | $359 / $350 | 841 / 791 | 63 / 56 | 0 | 18 |
| 2 Beds | $418,686 | $409,999 | $289,900 – $730,000 | $397 / $409 | 1,075 / 1,039 | 48 / 28 | 7 | 51 |
| 3 Beds | $564,674 | $559,000 | $300,000 – $930,000 | $332 / $324 | 1,752 / 1,727 | 47 / 35 | 17 | 130 |
| 4 Beds | $779,661 | $725,000 | $365,900 – $1,975,000 | $331 / $332 | 2,346 / 2,226 | 58 / 33 | 8 | 65 |
| 5 Beds | $1,047,970 | $900,000 | $549,900 – $1,800,000 | $320 / $269 | 3,328 / 3,224 | 34 / 31 | 1 | 10 |
| 6 Beds | $1,287,000 | $949,000 | $949,000 – $1,625,000 | $301 / $278 | 4,217 / 3,412 | 63 / 60 | 0 | 2 |
| 8 Beds | $900,000 | $900,000 | $900,000 – $900,000 | $298 / $298 | 3,024 / 3,024 | 281 / 281 | 0 | 1 |
Rental Market Overview
Median Rent
$2,475
0.0%
Median DOM
15
0.0%
New Listings
22
Inventory
108
+2.9%
- Average Rent: $2,493
- Median Rent: $2,475
- Rent Range: $895 – $5,800
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,445 / 1,320
- Square Footage Range: 481 – 5,022
- Days on Market (Avg/Median): 48 / 15
- Days on Market Range: 1 – 360
- New Listings: 22
- Total Listings: 108
Rentals by Property Type
Apartment
$1,350
Median DOM: 57
Inventory: 14
MoM: 0.0%
Condo
$1,750
Median DOM: 26
Inventory: 10
MoM: 0.0%
Single Family
$2,800
Median DOM: 6
Inventory: 59
MoM: 0.0%
Townhouse
$2,750
Median DOM: 59
Inventory: 14
MoM: 0.0%
Apartment
Avg/Median Rent$1,718 / $1,350Range$895 – $4,544Rent per Sq Ft$2 / $2Sq Ft923 / 750DOM112 / 57New2Total14
Condo
Avg/Median Rent$2,169 / $1,750Range$1,200 – $3,495Rent per Sq Ft$2 / $2Sq Ft1,049 / 1,040DOM60 / 26New2Total10
Multi-Family
Avg/Median Rent$1,875 / $1,500Range$1,350 – $3,995Rent per Sq Ft$2 / $2Sq Ft1,007 / 844DOM83 / 19New1Total11
Single Family
Avg/Median Rent$2,742 / $2,800Range$1,250 – $5,800Rent per Sq Ft$2 / $2Sq Ft1,663 / 1,625DOM24 / 6New16Total59
Townhouse
Avg/Median Rent$2,940 / $2,750Range$1,700 – $5,300Rent per Sq Ft$2 / $2Sq Ft1,662 / 1,734DOM84 / 59New1Total14
Rentals by Bedroom Count
Studio
Avg:$1,166Median:$1,100Range:$1,100 – $1,232PSF:$2 / $1Sq Ft:646 / 492DOM:—New:0Total:2
1 Beds
Avg:$1,398Median:$1,350Range:$895 – $2,200PSF:$2 / $2Sq Ft:701 / 700DOM:27 / 21New:1Total:12
2 Beds
Avg:$1,899Median:$1,750Range:$1,250 – $3,693PSF:$2 / $2Sq Ft:1,004 / 1,000DOM:64 / 17New:7Total:36
3 Beds
Avg:$2,988Median:$2,999Range:$1,395 – $4,544PSF:$2 / $2Sq Ft:1,744 / 1,736DOM:47 / 14New:10Total:48
4 Beds
Avg:$3,649Median:$3,250Range:$2,800 – $5,300PSF:$2 / $2Sq Ft:2,292 / 2,103DOM:16 / 1New:3Total:8
5 Beds
Avg:$3,400Median:$3,400Range:$3,400 – $3,400PSF:$1 / $1Sq Ft:2,306 / 2,306DOM:29 / 29New:0Total:1
6 Beds
Avg:$5,800Median:$5,800Range:$5,800 – $5,800PSF:$1 / $1Sq Ft:5,022 / 5,022DOM:12 / 12New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,166 | $1,100 | $1,100 – $1,232 | $2 / $1 | 646 / 492 | — | 0 | 2 |
| 1 Beds | $1,398 | $1,350 | $895 – $2,200 | $2 / $2 | 701 / 700 | 27 / 21 | 1 | 12 |
| 2 Beds | $1,899 | $1,750 | $1,250 – $3,693 | $2 / $2 | 1,004 / 1,000 | 64 / 17 | 7 | 36 |
| 3 Beds | $2,988 | $2,999 | $1,395 – $4,544 | $2 / $2 | 1,744 / 1,736 | 47 / 14 | 10 | 48 |
| 4 Beds | $3,649 | $3,250 | $2,800 – $5,300 | $2 / $2 | 2,292 / 2,103 | 16 / 1 | 3 | 8 |
| 5 Beds | $3,400 | $3,400 | $3,400 – $3,400 | $1 / $1 | 2,306 / 2,306 | 29 / 29 | 0 | 1 |
| 6 Beds | $5,800 | $5,800 | $5,800 – $5,800 | $1 / $1 | 5,022 / 5,022 | 12 / 12 | 1 | 1 |
6-Month Sales Trend
Jan 2026
Median Price:$599,000Median DOM:61New:50Total:252
Feb 2026
Median Price:$594,000Median DOM:57New:51Total:252
Mar 2026
Median Price:$575,000Median DOM:46New:65Total:231
Apr 2026
Median Price:$555,000Median DOM:35New:88Total:260
May 2026
Median Price:$554,000Median DOM:33New:82Total:291
Jun 2026
Median Price:$550,000Median DOM:38New:35Total:302
6-Month Rental Trend
Jan 2026
Median Rent:$2,400Median DOM:42New:28Total:144
Feb 2026
Median Rent:$2,395Median DOM:40New:30Total:119
Mar 2026
Median Rent:$2,300Median DOM:30New:30Total:97
Apr 2026
Median Rent:$2,300Median DOM:19New:37Total:101
May 2026
Median Rent:$2,475Median DOM:15New:37Total:105
Jun 2026
Median Rent:$2,475Median DOM:15New:22Total:108
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 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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