ZIP 37217 Housing Market Report

Nashville Metro

Report period: June 2026

37217 Monthly Market Update – June 2026

ZIP 37217 · Last updated Jun 13, 2026 · Data range Jan 2026 – Jun 2026

Executive Snapshot

Median Sale Price
$319,999
−5.9%
Median DOM (Sales)
37
+2.8%
New Listings (Sales)
25
−37.5%
Median Rent
$1,595
0.0%
Median DOM (Rental)
13
−51.9%
Total Rental Listings
98
+3.2%

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 (33 DOM)
  • Fastest renting: Single Family (8 DOM)
  • Strongest bedroom: 7 Beds ($530,000 median)

Sales Market Overview

Median Price
$319,999
−5.9%
Median DOM
37
+2.8%
New Listings
25
−37.5%
Inventory
164
+5.1%
  • Average Price: $398,171
  • Median Price: $319,999
  • Price Range: $89,900 – $4,000,000
  • Price per Sq Ft (Avg/Median): $234 / $204
  • Square Footage (Avg/Median): 1,615 / 1,614
  • Square Footage Range: 510 – 3,882
  • Days on Market (Avg/Median): 61 / 37
  • Days on Market Range: 1 – 358
  • New Listings: 25
  • Total Listings: 164

Sales by Property Type

Apartment
Avg/Median Price$254,900 / $254,900Range$254,900 – $254,900Price per Sq Ft$500 / $500Sq Ft510 / 510DOM193 / 193New0Total1
Condo
Avg/Median Price$223,649 / $249,900Range$114,900 – $344,900Price per Sq Ft$264 / $189Sq Ft1,033 / 777DOM54 / 35New1Total16
Land
Avg/Median Price$1,077,100 / $750,000Range$89,900 – $4,000,000Price per Sq FtSq FtDOM208 / 206New1Total9
Multi-Family
Avg/Median Price$1,762,500 / $525,000Range$525,000 – $3,000,000Price per Sq Ft$877 / $239Sq Ft2,090 / 1,980DOM258 / 247New0Total2
Single Family
Avg/Median Price$410,884 / $399,900Range$229,999 – $1,150,000Price per Sq Ft$230 / $218Sq Ft1,869 / 1,851DOM44 / 33New14Total84
Townhouse
Avg/Median Price$264,108 / $249,900Range$149,900 – $599,000Price per Sq Ft$201 / $187Sq Ft1,386 / 1,320DOM65 / 42New9Total52

Sales by Bedroom Count

1 Beds
Avg:$218,158Median:$249,990Range:$114,900 – $257,900PSF:$384 / $411Sq Ft:606 / 525DOM:87 / 49New:0Total:12
2 Beds
Avg:$267,965Median:$249,999Range:$149,900 – $599,000PSF:$216 / $206Sq Ft:1,270 / 1,216DOM:68 / 36New:6Total:36
3 Beds
Avg:$345,808Median:$344,900Range:$189,900 – $599,500PSF:$212 / $201Sq Ft:1,658 / 1,656DOM:39 / 22New:16Total:73
4 Beds
Avg:$559,923Median:$425,000Range:$279,900 – $3,000,000PSF:$267 / $198Sq Ft:2,171 / 2,075DOM:66 / 50New:2Total:26
5 Beds
Avg:$429,943Median:$415,000Range:$379,900 – $549,900PSF:$181 / $180Sq Ft:2,411 / 2,300DOM:65 / 49New:0Total:7
7 Beds
Avg:$530,000Median:$530,000Range:$530,000 – $530,000PSF:$182 / $182Sq Ft:2,911 / 2,911DOM:133 / 133New:0Total:1

Rental Market Overview

Median Rent
$1,595
0.0%
Median DOM
13
−51.9%
New Listings
28
Inventory
98
+3.2%
  • Average Rent: $1,655
  • Median Rent: $1,595
  • Rent Range: $770 – $3,500
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,232 / 1,100
  • Square Footage Range: 275 – 2,644
  • Days on Market (Avg/Median): 59 / 13
  • Days on Market Range: 1 – 356
  • New Listings: 28
  • Total Listings: 98

Rentals by Property Type

Apartment
$1,099
Median DOM: 100
Inventory: 31
MoM: 0.0%
Condo
$1,399
Median DOM: 12
Inventory: 8
MoM: 0.0%
Single Family
$2,200
Median DOM: 8
Inventory: 32
MoM: 0.0%
Townhouse
$1,700
Median DOM: 9
Inventory: 22
MoM: 0.0%
Apartment
Avg/Median Rent$1,098 / $1,099Range$770 – $1,750Rent per Sq Ft$2 / $2Sq Ft733 / 720DOM136 / 100New7Total31
Condo
Avg/Median Rent$1,601 / $1,399Range$975 – $2,500Rent per Sq Ft$2 / $1Sq Ft1,046 / 932DOM46 / 12New2Total8
Multi-Family
Avg/Median Rent$1,485 / $1,400Range$1,350 – $1,685Rent per Sq Ft$1 / $1Sq Ft1,079 / 1,095DOM99 / 71New1Total5
Single Family
Avg/Median Rent$2,173 / $2,200Range$1,100 – $3,500Rent per Sq Ft$1 / $1Sq Ft1,739 / 1,650DOM32 / 8New10Total32
Townhouse
Avg/Median Rent$1,746 / $1,700Range$1,200 – $2,300Rent per Sq Ft$1 / $1Sq Ft1,303 / 1,280DOM33 / 9New8Total22

Rentals by Bedroom Count

Studio
Avg:$952Median:$770Range:$770 – $1,400PSF:$3 / $2Sq Ft:419 / 450DOM:119 / 1New:2Total:4
1 Beds
Avg:$1,072Median:$999Range:$850 – $1,850PSF:$2 / $1Sq Ft:710 / 720DOM:138 / 100New:4Total:24
2 Beds
Avg:$1,572Median:$1,475Range:$1,195 – $2,500PSF:$1 / $1Sq Ft:1,133 / 1,058DOM:56 / 13New:13Total:37
3 Beds
Avg:$2,098Median:$2,170Range:$1,100 – $2,800PSF:$1 / $1Sq Ft:1,635 / 1,620DOM:30 / 10New:7Total:23
4 Beds
Avg:$2,576Median:$2,515Range:$1,899 – $3,500PSF:$1 / $1Sq Ft:2,130 / 2,200DOM:25 / 19New:1Total:7
5 Beds
Avg:$2,743Median:$2,910Range:$2,395 – $2,925PSF:$1 / $1Sq Ft:2,488 / 2,644DOM:1 / 1New:1Total:3

6-Month Sales Trend

Jan 2026
Median Price:$340,000Median DOM:74New:26Total:155
Feb 2026
Median Price:$335,000Median DOM:61New:29Total:147
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:$319,999Median DOM:37New:25Total:164

6-Month Rental Trend

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: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:13New:28Total:98

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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