ZIP 37217 Housing Market Report

Nashville Metro

Report period: March 2026

37217 Monthly Market Update – March 2026

ZIP 37217 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$325,000
−3.0%
Median DOM (Sales)
41
−32.8%
New Listings (Sales)
11
−62.1%
Median Rent
$1,650
0.0%
Median DOM (Rental)
30
−11.8%
Total Rental Listings
104
+9.5%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Condo (28 DOM)
  • Fastest renting: Single Family (3 DOM)
  • Strongest bedroom: 7 Beds ($530,000 median)

Sales Market Overview

Median Price
$325,000
−3.0%
Median DOM
41
−32.8%
New Listings
11
−62.1%
Inventory
131
−10.9%
  • Average Price: $429,909
  • Median Price: $325,000
  • Price Range: $100,000 – $4,000,000
  • Price per Sq Ft (Avg/Median): $246 / $205
  • Square Footage (Avg/Median): 1,568 / 1,520
  • Square Footage Range: 502 – 2,911
  • Days on Market (Avg/Median): 74 / 41
  • Days on Market Range: 2 – 359
  • New Listings: 11
  • Total Listings: 131

Sales by Property Type

Apartment
Avg/Median Price$253,967 / $254,900Range$247,500 – $259,500Price per Sq Ft$466 / $485Sq Ft550 / 510DOM125 / 110New0Total3
Condo
Avg/Median Price$230,650 / $250,000Range$138,000 – $295,000Price per Sq Ft$323 / $210Sq Ft868 / 620DOM53 / 28New0Total12
Land
Avg/Median Price$1,251,727 / $750,000Range$135,000 – $4,000,000Price per Sq FtSq FtDOM129 / 119New1Total11
Multi-Family
Avg/Median Price$1,762,500 / $525,000Range$525,000 – $3,000,000Price per Sq Ft$877 / $239Sq Ft2,090 / 1,980DOM165 / 154New0Total2
Single Family
Avg/Median Price$400,610 / $399,900Range$250,000 – $530,000Price per Sq Ft$232 / $223Sq Ft1,833 / 1,923DOM57 / 31New7Total59
Townhouse
Avg/Median Price$269,509 / $265,000Range$100,000 – $350,000Price per Sq Ft$199 / $187Sq Ft1,448 / 1,480DOM85 / 52New3Total44

Sales by Bedroom Count

1 Beds
Avg:$245,817Median:$255,000Range:$138,000 – $260,000PSF:$452 / $496Sq Ft:560 / 510DOM:77 / 35New:1Total:12
2 Beds
Avg:$267,556Median:$264,900Range:$160,000 – $370,000PSF:$226 / $214Sq Ft:1,221 / 1,216DOM:98 / 89New:1Total:25
3 Beds
Avg:$324,588Median:$315,000Range:$100,000 – $530,000PSF:$204 / $192Sq Ft:1,627 / 1,601DOM:56 / 34New:3Total:50
4 Beds
Avg:$516,933Median:$420,000Range:$319,999 – $3,000,000PSF:$263 / $204Sq Ft:2,009 / 2,008DOM:69 / 30New:5Total:27
5 Beds
Avg:$437,200Median:$420,000Range:$399,900 – $479,900PSF:$183 / $183Sq Ft:2,422 / 2,300DOM:78 / 63New:0Total:4
6 Beds
Avg:$445,000Median:$445,000Range:$445,000 – $445,000PSF:$165 / $165Sq Ft:2,700 / 2,700DOM:42 / 42New:0Total:1
7 Beds
Avg:$530,000Median:$530,000Range:$530,000 – $530,000PSF:$182 / $182Sq Ft:2,911 / 2,911DOM:40 / 40New:0Total:1

Rental Market Overview

Median Rent
$1,650
0.0%
Median DOM
30
−11.8%
New Listings
26
Inventory
104
+9.5%
  • Average Rent: $1,691
  • Median Rent: $1,650
  • Rent Range: $799 – $2,930
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,288 / 1,216
  • Square Footage Range: 275 – 3,850
  • Days on Market (Avg/Median): 69 / 30
  • Days on Market Range: 1 – 361
  • New Listings: 26
  • Total Listings: 104

Rentals by Property Type

Apartment
$1,099
Median DOM: 161
Inventory: 29
MoM: 0.0%
Condo
$1,650
Median DOM: 31
Inventory: 11
MoM: 0.0%
Single Family
$2,150
Median DOM: 3
Inventory: 41
MoM: 0.0%
Townhouse
$1,700
Median DOM: 21
Inventory: 20
MoM: 0.0%
Apartment
Avg/Median Rent$1,124 / $1,099Range$799 – $1,400Rent per Sq Ft$2 / $2Sq Ft752 / 720DOM155 / 161New5Total29
Condo
Avg/Median Rent$1,617 / $1,650Range$975 – $2,200Rent per Sq Ft$2 / $1Sq Ft968 / 1,024DOM39 / 31New1Total11
Multi-Family
Avg/Median Rent$1,602 / $1,655Range$1,350 – $1,800Rent per Sq Ft$1 / $1Sq Ft1,081 / 1,030DOM74 / 56New0Total3
Single Family
Avg/Median Rent$2,102 / $2,150Range$800 – $2,930Rent per Sq Ft$1 / $1Sq Ft1,771 / 1,800DOM39 / 3New14Total41
Townhouse
Avg/Median Rent$1,722 / $1,700Range$1,050 – $2,600Rent per Sq Ft$1 / $1Sq Ft1,307 / 1,250DOM59 / 21New6Total20

Rentals by Bedroom Count

Studio
Avg:$1,132Median:$929Range:$799 – $1,400PSF:$3 / $2Sq Ft:384 / 300DOM:239 / 187New:0Total:4
1 Beds
Avg:$1,147Median:$1,099Range:$800 – $2,175PSF:$2 / $2Sq Ft:692 / 720DOM:117 / 56New:3Total:23
2 Beds
Avg:$1,552Median:$1,499Range:$1,050 – $2,600PSF:$1 / $1Sq Ft:1,117 / 1,100DOM:60 / 32New:8Total:38
3 Beds
Avg:$2,082Median:$2,145Range:$1,345 – $2,700PSF:$1 / $1Sq Ft:1,681 / 1,649DOM:42 / 3New:10Total:29
4 Beds
Avg:$2,519Median:$2,550Range:$1,995 – $2,800PSF:$1 / $1Sq Ft:2,324 / 2,297DOM:47 / 27New:3Total:8
5 Beds
Avg:$2,712Median:$2,495Range:$2,495 – $2,930PSF:$1 / $1Sq Ft:3,247 / 2,644DOM:1 / 1New:2Total:2

6-Month Sales Trend

Oct 2025
Median Price:$347,500Median DOM:56New:39Total:187
Nov 2025
Median Price:$350,000Median DOM:62New:30Total:176
Dec 2025
Median Price:$344,900Median DOM:73New:24Total:165
Jan 2026
Median Price:$340,000Median DOM:74New:26Total:155
Feb 2026
Median Price:$335,000Median DOM:61New:29Total:147
Mar 2026
Median Price:$325,000Median DOM:41New:11Total:131

6-Month Rental Trend

Oct 2025
Median Rent:$1,775Median DOM:24New:32Total:103
Nov 2025
Median Rent:$1,750Median DOM:38New:21Total:94
Dec 2025
Median Rent:$1,590Median DOM:30New:30Total:90
Jan 2026
Median Rent:$1,599Median DOM:45New:22Total:90
Feb 2026
Median Rent:$1,650Median DOM:34New:27Total:95
Mar 2026
Median Rent:$1,650Median DOM:30New:26Total:104

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market declined, signaling improving 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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