ZIP 37217 Housing Market Report
Nashville Metro
Report period: August 2026
37217 Monthly Market Update – August 2026
ZIP 37217 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$334,000
−1.5%
Median DOM (Sales)
51
0.0%
New Listings (Sales)
17
−55.3%
Median Rent
$1,690
+3.0%
Median DOM (Rental)
23
0.0%
Total Rental Listings
102
+5.2%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (34 DOM)
- Fastest renting: Single Family (4 DOM)
- Strongest bedroom: 7 Beds ($530,000 median)
Sales Market Overview
Median Price
$334,000
−1.5%
Median DOM
51
0.0%
New Listings
17
−55.3%
Inventory
159
−1.2%
- Average Price: $412,055
- Median Price: $334,000
- Price Range: $69,900 – $4,000,000
- Price per Sq Ft (Avg/Median): $234 / $208
- Square Footage (Avg/Median): 1,650 / 1,614
- Square Footage Range: 510 – 3,882
- Days on Market (Avg/Median): 65 / 51
- Days on Market Range: 2 – 328
- New Listings: 17
- Total Listings: 159
Sales by Property Type
Condo
Avg/Median Price$223,106 / $235,000Range$114,900 – $344,900Price per Sq Ft$280 / $204Sq Ft929 / 777DOM54 / 50New3Total14
Land
Avg/Median Price$974,880 / $500,000Range$69,900 – $4,000,000Price per Sq Ft—Sq Ft—DOM145 / 125New0Total10
Multi-Family
Avg/Median Price$1,340,000 / $525,000Range$495,000 – $3,000,000Price per Sq Ft$682 / $291Sq Ft1,960 / 1,980DOM226 / 297New0Total3
Single Family
Avg/Median Price$419,594 / $399,999Range$219,700 – $1,150,000Price per Sq Ft$234 / $228Sq Ft1,870 / 1,851DOM51 / 34New11Total87
Townhouse
Avg/Median Price$269,329 / $260,000Range$194,900 – $545,000Price per Sq Ft$191 / $189Sq Ft1,427 / 1,388DOM75 / 60New3Total45
Sales by Bedroom Count
1 Beds
Avg:$205,099Median:$240,000Range:$114,900 – $270,000PSF:$345 / $403Sq Ft:641 / 620DOM:59 / 50New:2Total:8
2 Beds
Avg:$267,091Median:$250,000Range:$164,000 – $545,000PSF:$221 / $206Sq Ft:1,242 / 1,216DOM:58 / 56New:5Total:33
3 Beds
Avg:$351,736Median:$344,900Range:$209,900 – $534,900PSF:$216 / $207Sq Ft:1,667 / 1,656DOM:55 / 39New:5Total:72
4 Beds
Avg:$558,950Median:$450,000Range:$279,900 – $3,000,000PSF:$270 / $227Sq Ft:2,143 / 2,073DOM:84 / 53New:4Total:30
5 Beds
Avg:$537,938Median:$424,900Range:$399,999 – $899,900PSF:$214 / $207Sq Ft:2,485 / 2,310DOM:39 / 27New:1Total:5
7 Beds
Avg:$530,000Median:$530,000Range:$530,000 – $530,000PSF:$182 / $182Sq Ft:2,911 / 2,911DOM:192 / 192New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $205,099 | $240,000 | $114,900 – $270,000 | $345 / $403 | 641 / 620 | 59 / 50 | 2 | 8 |
| 2 Beds | $267,091 | $250,000 | $164,000 – $545,000 | $221 / $206 | 1,242 / 1,216 | 58 / 56 | 5 | 33 |
| 3 Beds | $351,736 | $344,900 | $209,900 – $534,900 | $216 / $207 | 1,667 / 1,656 | 55 / 39 | 5 | 72 |
| 4 Beds | $558,950 | $450,000 | $279,900 – $3,000,000 | $270 / $227 | 2,143 / 2,073 | 84 / 53 | 4 | 30 |
| 5 Beds | $537,938 | $424,900 | $399,999 – $899,900 | $214 / $207 | 2,485 / 2,310 | 39 / 27 | 1 | 5 |
| 7 Beds | $530,000 | $530,000 | $530,000 – $530,000 | $182 / $182 | 2,911 / 2,911 | 192 / 192 | 0 | 1 |
Rental Market Overview
Median Rent
$1,690
+3.0%
Median DOM
23
0.0%
New Listings
16
Inventory
102
+5.2%
- Average Rent: $1,672
- Median Rent: $1,690
- Rent Range: $770 – $3,500
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,280 / 1,250
- Square Footage Range: 450 – 2,644
- Days on Market (Avg/Median): 57 / 23
- Days on Market Range: 1 – 351
- New Listings: 16
- Total Listings: 102
Rentals by Property Type
Apartment
$1,090
Median DOM: 73
Inventory: 30
MoM: +3.0%
Condo
$1,145
Median DOM: 31
Inventory: 11
MoM: +3.0%
Single Family
$2,219
Median DOM: 4
Inventory: 34
MoM: +3.0%
Townhouse
$1,850
Median DOM: 27
Inventory: 23
MoM: +3.0%
Apartment
Avg/Median Rent$1,095 / $1,090Range$770 – $1,750Rent per Sq Ft$1 / $1Sq Ft769 / 725DOM136 / 73New3Total30
Condo
Avg/Median Rent$1,363 / $1,145Range$895 – $2,550Rent per Sq Ft$1 / $1Sq Ft1,065 / 930DOM52 / 31New2Total11
Multi-Family
Avg/Median Rent$1,389 / $1,275Range$1,195 – $1,685Rent per Sq Ft$1 / $1Sq Ft1,052 / 1,024DOM73 / 31New0Total4
Single Family
Avg/Median Rent$2,215 / $2,219Range$1,200 – $3,500Rent per Sq Ft$1 / $1Sq Ft1,747 / 1,650DOM26 / 4New8Total34
Townhouse
Avg/Median Rent$1,819 / $1,850Range$1,200 – $2,500Rent per Sq Ft$1 / $1Sq Ft1,403 / 1,388DOM41 / 27New3Total23
Rentals by Bedroom Count
Studio
Avg:$835Median:$770Range:$770 – $1,002PSF:$2 / $2Sq Ft:465 / 450DOM:105 / 1New:2Total:4
1 Beds
Avg:$1,062Median:$995Range:$850 – $1,950PSF:$2 / $1Sq Ft:730 / 720DOM:113 / 64New:2Total:24
2 Beds
Avg:$1,556Median:$1,495Range:$1,145 – $2,300PSF:$1 / $1Sq Ft:1,174 / 1,200DOM:55 / 29New:5Total:36
3 Beds
Avg:$2,154Median:$2,050Range:$1,460 – $2,900PSF:$1 / $1Sq Ft:1,708 / 1,650DOM:41 / 22New:5Total:29
4 Beds
Avg:$2,545Median:$2,500Range:$1,899 – $3,500PSF:$1 / $1Sq Ft:2,059 / 2,150DOM:17 / 3New:1Total:7
5 Beds
Avg:$2,702Median:$2,395Range:$2,395 – $3,010PSF:$1 / $1Sq Ft:2,410 / 2,177DOM:1 / 1New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $835 | $770 | $770 – $1,002 | $2 / $2 | 465 / 450 | 105 / 1 | 2 | 4 |
| 1 Beds | $1,062 | $995 | $850 – $1,950 | $2 / $1 | 730 / 720 | 113 / 64 | 2 | 24 |
| 2 Beds | $1,556 | $1,495 | $1,145 – $2,300 | $1 / $1 | 1,174 / 1,200 | 55 / 29 | 5 | 36 |
| 3 Beds | $2,154 | $2,050 | $1,460 – $2,900 | $1 / $1 | 1,708 / 1,650 | 41 / 22 | 5 | 29 |
| 4 Beds | $2,545 | $2,500 | $1,899 – $3,500 | $1 / $1 | 2,059 / 2,150 | 17 / 3 | 1 | 7 |
| 5 Beds | $2,702 | $2,395 | $2,395 – $3,010 | $1 / $1 | 2,410 / 2,177 | 1 / 1 | 1 | 2 |
6-Month Sales Trend
Mar 2026
Median Price:$349,900Median DOM:42New:37Total:133
Apr 2026
Median Price:$362,600Median DOM:35New:41Total:152
May 2026
Median Price:$339,900Median DOM:36New:40Total:156
Jun 2026
Median Price:$325,000Median DOM:41New:44Total:159
Jul 2026
Median Price:$339,000Median DOM:51New:38Total:161
Aug 2026
Median Price:$334,000Median DOM:51New:17Total:159
6-Month Rental Trend
Mar 2026
Median Rent:$1,650Median DOM:22New:35Total:95
Apr 2026
Median Rent:$1,650Median DOM:23New:28Total:100
May 2026
Median Rent:$1,595Median DOM:27New:31Total:95
Jun 2026
Median Rent:$1,595Median DOM:23New:35Total:98
Jul 2026
Median Rent:$1,640Median DOM:23New:30Total:97
Aug 2026
Median Rent:$1,690Median DOM:23New:16Total:102
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market were unchanged, signaling steady 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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