ZIP 37218 Housing Market Report

Nashville Metro

Report period: June 2026

37218 Monthly Market Update – June 2026

ZIP 37218 · Last updated Jun 13, 2026 · Data range Jan 2026 – Jun 2026

Executive Snapshot

Median Sale Price
$489,900
0.0%
Median DOM (Sales)
37
0.0%
New Listings (Sales)
19
−77.4%
Median Rent
$2,300
+4.5%
Median DOM (Rental)
16
−48.4%
Total Rental Listings
50
+2.0%

Month-over-Month Movement

Median sale prices were flat. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Townhouse (30 DOM)
  • Fastest renting: Condo (6 DOM)
  • Strongest bedroom: 8 Beds ($2,150,000 median)

Sales Market Overview

Median Price
$489,900
0.0%
Median DOM
37
0.0%
New Listings
19
−77.4%
Inventory
240
+0.4%
  • Average Price: $616,461
  • Median Price: $489,900
  • Price Range: $75,000 – $4,995,000
  • Price per Sq Ft (Avg/Median): $298 / $276
  • Square Footage (Avg/Median): 1,912 / 1,842
  • Square Footage Range: 864 – 6,624
  • Days on Market (Avg/Median): 59 / 37
  • Days on Market Range: 2 – 364
  • New Listings: 19
  • Total Listings: 240

Sales by Property Type

Land
Avg/Median Price$882,932 / $300,000Range$75,000 – $4,995,000Price per Sq FtSq FtDOM90 / 85New1Total40
Multi-Family
Avg/Median Price$670,319 / $409,990Range$260,000 – $2,750,000Price per Sq Ft$290 / $232Sq Ft2,132 / 1,765DOM41 / 37New1Total15
Single Family
Avg/Median Price$505,387 / $449,999Range$235,000 – $1,200,000Price per Sq Ft$278 / $269Sq Ft1,886 / 1,875DOM57 / 42New11Total108
Townhouse
Avg/Median Price$623,334 / $549,990Range$359,900 – $1,099,000Price per Sq Ft$327 / $322Sq Ft1,906 / 1,877DOM46 / 30New6Total77

Sales by Bedroom Count

1 Beds
Avg:$374,900Median:$249,900Range:$249,900 – $499,900PSF:$401 / $289Sq Ft:920 / 864DOM:70 / 31New:0Total:2
2 Beds
Avg:$489,804Median:$469,990Range:$339,000 – $999,000PSF:$332 / $297Sq Ft:1,511 / 1,581DOM:47 / 36New:2Total:22
3 Beds
Avg:$539,026Median:$475,000Range:$235,000 – $2,750,000PSF:$300 / $271Sq Ft:1,795 / 1,817DOM:51 / 31New:11Total:127
4 Beds
Avg:$641,947Median:$635,000Range:$239,900 – $1,099,000PSF:$276 / $266Sq Ft:2,320 / 2,255DOM:57 / 38New:4Total:45
5 Beds
Avg:$537,967Median:$399,900Range:$365,000 – $849,000PSF:$190 / $183Sq Ft:2,754 / 2,287DOM:77 / 95New:0Total:3
8 Beds
Avg:$2,150,000Median:$2,150,000Range:$2,150,000 – $2,150,000PSF:$325 / $325Sq Ft:6,624 / 6,624DOM:3 / 3New:1Total:1

Rental Market Overview

Median Rent
$2,300
+4.5%
Median DOM
16
−48.4%
New Listings
15
Inventory
50
+2.0%
  • Average Rent: $2,402
  • Median Rent: $2,300
  • Rent Range: $825 – $7,827
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,695 / 1,575
  • Square Footage Range: 420 – 3,634
  • Days on Market (Avg/Median): 53 / 16
  • Days on Market Range: 1 – 278
  • New Listings: 15
  • Total Listings: 50

Rentals by Property Type

Apartment
$895
Median DOM: 149
Inventory: 3
MoM: +4.5%
Condo
$949
Median DOM: 6
Inventory: 2
MoM: +4.5%
Single Family
$2,340
Median DOM: 9
Inventory: 36
MoM: +4.5%
Townhouse
$2,500
Median DOM: 62
Inventory: 7
MoM: +4.5%
Apartment
Avg/Median Rent$3,182 / $895Range$825 – $7,827Rent per Sq Ft$3 / $2Sq Ft1,313 / 420DOM149 / 149New0Total3
Condo
Avg/Median Rent$1,624 / $949Range$949 – $2,300Rent per Sq Ft$1 / $1Sq Ft1,087 / 672DOM15 / 6New1Total2
Multi-Family
Avg/Median Rent$1,925 / $1,600Range$1,600 – $2,250Rent per Sq Ft$2 / $2Sq Ft778 / 730DOM76 / 62New0Total2
Single Family
Avg/Median Rent$2,385 / $2,340Range$1,050 – $4,800Rent per Sq Ft$1 / $1Sq Ft1,827 / 1,623DOM41 / 9New13Total36
Townhouse
Avg/Median Rent$2,513 / $2,500Range$2,200 – $2,895Rent per Sq Ft$2 / $2Sq Ft1,598 / 1,575DOM78 / 62New1Total7

Rentals by Bedroom Count

1 Beds
Avg:$930Median:$895Range:$825 – $1,050PSF:$2 / $1Sq Ft:546 / 420DOM:104 / 82New:0Total:4
2 Beds
Avg:$1,565Median:$1,425Range:$1,199 – $2,250PSF:$2 / $2Sq Ft:763 / 750DOM:70 / 40New:2Total:8
3 Beds
Avg:$2,325Median:$2,395Range:$1,700 – $2,750PSF:$1 / $1Sq Ft:1,661 / 1,575DOM:38 / 10New:8Total:28
4 Beds
Avg:$3,876Median:$3,299Range:$2,099 – $7,827PSF:$2 / $1Sq Ft:2,673 / 2,520DOM:62 / 8New:5Total:10

6-Month Sales Trend

Jan 2026
Median Price:$460,600Median DOM:51New:54Total:234
Feb 2026
Median Price:$459,900Median DOM:44New:51Total:244
Mar 2026
Median Price:$464,990Median DOM:39New:57Total:209
Apr 2026
Median Price:$459,900Median DOM:42New:59Total:219
May 2026
Median Price:$489,900Median DOM:37New:84Total:239
Jun 2026
Median Price:$489,900Median DOM:37New:19Total:240

6-Month Rental Trend

Jan 2026
Median Rent:$2,000Median DOM:30New:24Total:70
Feb 2026
Median Rent:$2,000Median DOM:32New:14Total:64
Mar 2026
Median Rent:$2,245Median DOM:28New:23Total:59
Apr 2026
Median Rent:$2,250Median DOM:29New:16Total:60
May 2026
Median Rent:$2,200Median DOM:31New:20Total:49
Jun 2026
Median Rent:$2,300Median DOM:16New:15Total:50

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. 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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