ZIP 37218 Housing Market Report
Nashville Metro
Report period: March 2026
37218 Monthly Market Update – March 2026
ZIP 37218 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$464,990
+1.1%
Median DOM (Sales)
38
−13.6%
New Listings (Sales)
22
−56.9%
Median Rent
$2,219
+10.9%
Median DOM (Rental)
37
+15.6%
Total Rental Listings
66
+3.1%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Condo (27 DOM)
- Fastest renting: Multi-Family (10 DOM)
- Strongest bedroom: 8 Beds ($1,145,000 median)
Sales Market Overview
Median Price
$464,990
+1.1%
Median DOM
38
−13.6%
New Listings
22
−56.9%
Inventory
227
−7.0%
- Average Price: $627,028
- Median Price: $464,990
- Price Range: $75,000 – $4,600,000
- Price per Sq Ft (Avg/Median): $306 / $280
- Square Footage (Avg/Median): 1,923 / 1,842
- Square Footage Range: 846 – 6,624
- Days on Market (Avg/Median): 68 / 38
- Days on Market Range: 1 – 352
- New Listings: 22
- Total Listings: 227
Sales by Property Type
Condo
Avg/Median Price$379,995 / $320,000Range$320,000 – $439,990Price per Sq Ft$223 / $197Sq Ft1,694 / 1,623DOM29 / 27New0Total2
Land
Avg/Median Price$786,342 / $359,000Range$75,000 – $4,000,000Price per Sq Ft—Sq Ft—DOM82 / 62New4Total40
Multi-Family
Avg/Median Price$993,713 / $454,990Range$349,999 – $4,600,000Price per Sq Ft$356 / $258Sq Ft2,544 / 1,765DOM38 / 38New1Total15
Single Family
Avg/Median Price$510,204 / $435,000Range$215,000 – $1,950,000Price per Sq Ft$282 / $266Sq Ft1,865 / 1,852DOM61 / 28New14Total103
Townhouse
Avg/Median Price$636,790 / $575,000Range$179,000 – $1,363,000Price per Sq Ft$335 / $322Sq Ft1,879 / 1,877DOM84 / 52New3Total67
Sales by Bedroom Count
1 Beds
Avg:$249,900Median:$249,900Range:$249,900 – $249,900PSF:$289 / $289Sq Ft:864 / 864DOM:15 / 15New:0Total:1
2 Beds
Avg:$486,251Median:$443,619Range:$179,000 – $1,950,000PSF:$340 / $294Sq Ft:1,410 / 1,459DOM:70 / 46New:2Total:24
3 Beds
Avg:$575,911Median:$464,990Range:$230,000 – $4,600,000PSF:$317 / $282Sq Ft:1,779 / 1,817DOM:71 / 34New:6Total:106
4 Beds
Avg:$630,050Median:$535,900Range:$215,000 – $1,675,000PSF:$272 / $260Sq Ft:2,302 / 2,212DOM:59 / 42New:8Total:50
5 Beds
Avg:$628,300Median:$559,000Range:$385,900 – $940,000PSF:$210 / $201Sq Ft:2,918 / 2,779DOM:17 / 10New:2Total:3
6 Beds
Avg:$669,900Median:$669,900Range:$669,900 – $669,900PSF:$306 / $306Sq Ft:2,188 / 2,188DOM:9 / 9New:0Total:1
8 Beds
Avg:$1,928,900Median:$1,145,000Range:$1,145,000 – $2,712,800PSF:$364 / $318Sq Ft:5,112 / 3,600DOM:42 / 29New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $249,900 | $249,900 | $249,900 – $249,900 | $289 / $289 | 864 / 864 | 15 / 15 | 0 | 1 |
| 2 Beds | $486,251 | $443,619 | $179,000 – $1,950,000 | $340 / $294 | 1,410 / 1,459 | 70 / 46 | 2 | 24 |
| 3 Beds | $575,911 | $464,990 | $230,000 – $4,600,000 | $317 / $282 | 1,779 / 1,817 | 71 / 34 | 6 | 106 |
| 4 Beds | $630,050 | $535,900 | $215,000 – $1,675,000 | $272 / $260 | 2,302 / 2,212 | 59 / 42 | 8 | 50 |
| 5 Beds | $628,300 | $559,000 | $385,900 – $940,000 | $210 / $201 | 2,918 / 2,779 | 17 / 10 | 2 | 3 |
| 6 Beds | $669,900 | $669,900 | $669,900 – $669,900 | $306 / $306 | 2,188 / 2,188 | 9 / 9 | 0 | 1 |
| 8 Beds | $1,928,900 | $1,145,000 | $1,145,000 – $2,712,800 | $364 / $318 | 5,112 / 3,600 | 42 / 29 | 0 | 2 |
Rental Market Overview
Median Rent
$2,219
+10.9%
Median DOM
37
+15.6%
New Listings
13
Inventory
66
+3.1%
- Average Rent: $2,245
- Median Rent: $2,219
- Rent Range: $775 – $5,375
- Rent per Sq Ft (Avg/Median): $2 / $1
- Square Footage (Avg/Median): 1,628 / 1,518
- Square Footage Range: 300 – 3,508
- Days on Market (Avg/Median): 62 / 37
- Days on Market Range: 1 – 277
- New Listings: 13
- Total Listings: 66
Rentals by Property Type
Apartment
$1,000
Median DOM: 93
Inventory: 5
MoM: +10.9%
Condo
—
Median DOM: —
Inventory: —
MoM: +10.9%
Single Family
$2,299
Median DOM: 31
Inventory: 48
MoM: +10.9%
Townhouse
$2,350
Median DOM: 37
Inventory: 10
MoM: +10.9%
Apartment
Avg/Median Rent$1,827 / $1,000Range$825 – $4,816Rent per Sq Ft$2 / $2Sq Ft914 / 420DOM104 / 93New0Total5
Multi-Family
Avg/Median Rent$1,498 / $1,400Range$1,195 – $1,900Rent per Sq Ft$2 / $2Sq Ft835 / 825DOM10 / 10New1Total3
Single Family
Avg/Median Rent$2,292 / $2,299Range$775 – $5,375Rent per Sq Ft$1 / $1Sq Ft1,736 / 1,600DOM65 / 31New10Total48
Townhouse
Avg/Median Rent$2,448 / $2,350Range$1,950 – $3,475Rent per Sq Ft$1 / $1Sq Ft1,649 / 1,396DOM32 / 37New2Total10
Rentals by Bedroom Count
1 Beds
Avg:$874Median:$825Range:$775 – $1,000PSF:$3 / $2Sq Ft:360 / 300DOM:57 / 31New:1Total:4
2 Beds
Avg:$1,549Median:$1,400Range:$1,195 – $2,000PSF:$2 / $2Sq Ft:894 / 730DOM:122 / 44New:2Total:10
3 Beds
Avg:$2,339Median:$2,400Range:$1,600 – $3,400PSF:$1 / $1Sq Ft:1,663 / 1,550DOM:52 / 44New:5Total:32
4 Beds
Avg:$2,703Median:$2,495Range:$1,800 – $5,375PSF:$1 / $1Sq Ft:2,095 / 2,150DOM:59 / 15New:5Total:19
5 Beds
Avg:$2,950Median:$2,950Range:$2,950 – $2,950PSF:$2 / $2Sq Ft:1,534 / 1,534DOM:30 / 30New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $874 | $825 | $775 – $1,000 | $3 / $2 | 360 / 300 | 57 / 31 | 1 | 4 |
| 2 Beds | $1,549 | $1,400 | $1,195 – $2,000 | $2 / $2 | 894 / 730 | 122 / 44 | 2 | 10 |
| 3 Beds | $2,339 | $2,400 | $1,600 – $3,400 | $1 / $1 | 1,663 / 1,550 | 52 / 44 | 5 | 32 |
| 4 Beds | $2,703 | $2,495 | $1,800 – $5,375 | $1 / $1 | 2,095 / 2,150 | 59 / 15 | 5 | 19 |
| 5 Beds | $2,950 | $2,950 | $2,950 – $2,950 | $2 / $2 | 1,534 / 1,534 | 30 / 30 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$525,600Median DOM:56New:46Total:232
Nov 2025
Median Price:$524,900Median DOM:55New:38Total:231
Dec 2025
Median Price:$499,000Median DOM:69New:39Total:227
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:38New:22Total:227
6-Month Rental Trend
Oct 2025
Median Rent:$2,350Median DOM:37New:18Total:60
Nov 2025
Median Rent:$2,300Median DOM:37New:14Total:55
Dec 2025
Median Rent:$2,299Median DOM:30New:25Total:57
Jan 2026
Median Rent:$2,000Median DOM:30New:24Total:70
Feb 2026
Median Rent:$2,000Median DOM:32New:14Total:64
Mar 2026
Median Rent:$2,219Median DOM:37New:13Total:66
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market declined, signaling improving 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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