ZIP 37220 Housing Market Report

Nashville Metro

Report period: May 2026

37220 Monthly Market Update – May 2026

ZIP 37220 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$1,500,000
−6.2%
Median DOM (Sales)
34
+21.4%
New Listings (Sales)
4
−84.6%
Median Rent
$3,300
0.0%
Median DOM (Rental)
10
−9.1%
Total Rental Listings
5
+25.0%

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: Townhouse (6 DOM)
  • Fastest renting: Single Family (10 DOM)
  • Strongest bedroom: 6 Beds ($8,200,000 median)

Sales Market Overview

Median Price
$1,500,000
−6.2%
Median DOM
34
+21.4%
New Listings
4
−84.6%
Inventory
74
+4.2%
  • Average Price: $2,442,946
  • Median Price: $1,500,000
  • Price Range: $339,000 – $9,950,000
  • Price per Sq Ft (Avg/Median): $507 / $434
  • Square Footage (Avg/Median): 4,438 / 3,648
  • Square Footage Range: 1,187 – 15,129
  • Days on Market (Avg/Median): 54 / 34
  • Days on Market Range: 1 – 259
  • New Listings: 4
  • Total Listings: 74

Sales by Property Type

Land
Avg/Median Price$1,474,983 / $1,500,000Range$350,000 – $2,450,000Price per Sq FtSq FtDOM88 / 43New0Total6
Multi-Family
Avg/Median Price$675,000 / $675,000Range$675,000 – $675,000Price per Sq Ft$472 / $472Sq Ft1,431 / 1,431DOM87 / 87New0Total1
Single Family
Avg/Median Price$2,589,608 / $1,500,000Range$524,900 – $9,950,000Price per Sq Ft$510 / $434Sq Ft4,532 / 3,692DOM51 / 33New4Total66
Townhouse
Avg/Median Price$339,000 / $339,000Range$339,000 – $339,000Price per Sq Ft$286 / $286Sq Ft1,187 / 1,187DOM6 / 6New0Total1

Sales by Bedroom Count

2 Beds
Avg:$444,500Median:$339,000Range:$339,000 – $550,000PSF:$344 / $286Sq Ft:1,276 / 1,187DOM:21 / 6New:0Total:2
3 Beds
Avg:$921,105Median:$785,000Range:$524,900 – $2,449,000PSF:$420 / $419Sq Ft:2,189 / 2,034DOM:44 / 27New:0Total:21
4 Beds
Avg:$1,762,790Median:$1,349,000Range:$675,000 – $5,995,000PSF:$435 / $411Sq Ft:3,752 / 3,500DOM:44 / 30New:3Total:20
5 Beds
Avg:$4,293,748Median:$4,250,000Range:$1,100,000 – $9,950,000PSF:$672 / $646Sq Ft:6,159 / 6,167DOM:59 / 40New:1Total:19
6 Beds
Avg:$7,900,000Median:$8,200,000Range:$5,750,000 – $9,750,000PSF:$772 / $693Sq Ft:10,814 / 9,018DOM:44 / 34New:0Total:3
7 Beds
Avg:$3,719,633Median:$3,890,000Range:$2,269,000 – $4,999,900PSF:$388 / $386Sq Ft:9,581 / 11,309DOM:110 / 109New:0Total:3

Rental Market Overview

Median Rent
$3,300
0.0%
Median DOM
10
−9.1%
New Listings
1
Inventory
5
+25.0%
  • Average Rent: $3,799
  • Median Rent: $3,300
  • Rent Range: $2,800 – $6,500
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 2,683 / 2,450
  • Square Footage Range: 1,800 – 3,692
  • Days on Market (Avg/Median): 20 / 10
  • Days on Market Range: 10 – 48
  • New Listings: 1
  • Total Listings: 5

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$3,300
Median DOM: 10
Inventory: 5
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Single Family
Avg/Median Rent$3,799 / $3,300Range$2,800 – $6,500Rent per Sq Ft$1 / $1Sq Ft2,683 / 2,450DOM20 / 10New1Total5

Rentals by Bedroom Count

3 Beds
Avg:$3,033Median:$3,000Range:$2,800 – $3,300PSF:$1 / $1Sq Ft:2,075 / 1,975DOM:23 / 10New:1Total:3
4 Beds
Avg:$4,948Median:$3,395Range:$3,395 – $6,500PSF:$1 / $1Sq Ft:3,596 / 3,500DOM:11 / 11New:0Total:2

6-Month Sales Trend

Dec 2025
Median Price:$1,499,000Median DOM:70New:9Total:63
Jan 2026
Median Price:$1,449,000Median DOM:74New:10Total:59
Feb 2026
Median Price:$1,399,000Median DOM:58New:10Total:56
Mar 2026
Median Price:$1,500,000Median DOM:30New:21Total:57
Apr 2026
Median Price:$1,599,999Median DOM:28New:26Total:71
May 2026
Median Price:$1,500,000Median DOM:34New:4Total:74

6-Month Rental Trend

Dec 2025
Median Rent:$2,500Median DOM:23New:1Total:4
Jan 2026
Median Rent:$2,000Median DOM:30New:0Total:2
Feb 2026
Median Rent:$2,000Median DOM:30New:0Total:1
Mar 2026
Median Rent:$2,850Median DOM:20New:1Total:1
Apr 2026
Median Rent:$3,300Median DOM:11New:2Total:4
May 2026
Median Rent:$3,300Median DOM:10New:1Total:5

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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