ZIP 37220 Housing Market Report
Nashville Metro
Report period: August 2026
37220 Monthly Market Update – August 2026
ZIP 37220 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$1,730,000
−13.5%
Median DOM (Sales)
48
+17.1%
New Listings (Sales)
5
−73.7%
Median Rent
$2,900
0.0%
Median DOM (Rental)
22
0.0%
Total Rental Listings
12
+20.0%
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: Land (12 DOM)
- Fastest renting: Single Family (17 DOM)
- Strongest bedroom: 6 Beds ($5,499,900 median)
Sales Market Overview
Median Price
$1,730,000
−13.5%
Median DOM
48
+17.1%
New Listings
5
−73.7%
Inventory
69
−2.8%
- Average Price: $2,722,056
- Median Price: $1,730,000
- Price Range: $539,000 – $9,750,000
- Price per Sq Ft (Avg/Median): $543 / $478
- Square Footage (Avg/Median): 4,659 / 4,088
- Square Footage Range: 1,128 – 11,554
- Days on Market (Avg/Median): 63 / 48
- Days on Market Range: 4 – 303
- New Listings: 5
- Total Listings: 69
Sales by Property Type
Land
Avg/Median Price$1,893,000 / $1,395,000Range$549,999 – $4,500,000Price per Sq Ft—Sq Ft—DOM33 / 12New2Total5
Single Family
Avg/Median Price$2,786,826 / $1,730,000Range$539,000 – $9,750,000Price per Sq Ft$543 / $478Sq Ft4,659 / 4,088DOM65 / 48New3Total64
Sales by Bedroom Count
3 Beds
Avg:$924,515Median:$775,000Range:$539,000 – $2,449,000PSF:$431 / $407Sq Ft:2,124 / 2,034DOM:53 / 47New:1Total:13
4 Beds
Avg:$1,550,139Median:$1,325,000Range:$635,000 – $5,650,000PSF:$439 / $381Sq Ft:3,351 / 3,312DOM:49 / 47New:1Total:23
5 Beds
Avg:$4,464,319Median:$4,495,000Range:$2,449,000 – $8,500,000PSF:$705 / $714Sq Ft:6,336 / 6,167DOM:77 / 46New:1Total:18
6 Beds
Avg:$5,595,471Median:$5,499,900Range:$1,568,400 – $9,750,000PSF:$741 / $695Sq Ft:7,242 / 7,558DOM:60 / 49New:0Total:7
7 Beds
Avg:$3,719,633Median:$3,890,000Range:$2,269,000 – $4,999,900PSF:$388 / $386Sq Ft:9,581 / 11,309DOM:185 / 200New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 3 Beds | $924,515 | $775,000 | $539,000 – $2,449,000 | $431 / $407 | 2,124 / 2,034 | 53 / 47 | 1 | 13 |
| 4 Beds | $1,550,139 | $1,325,000 | $635,000 – $5,650,000 | $439 / $381 | 3,351 / 3,312 | 49 / 47 | 1 | 23 |
| 5 Beds | $4,464,319 | $4,495,000 | $2,449,000 – $8,500,000 | $705 / $714 | 6,336 / 6,167 | 77 / 46 | 1 | 18 |
| 6 Beds | $5,595,471 | $5,499,900 | $1,568,400 – $9,750,000 | $741 / $695 | 7,242 / 7,558 | 60 / 49 | 0 | 7 |
| 7 Beds | $3,719,633 | $3,890,000 | $2,269,000 – $4,999,900 | $388 / $386 | 9,581 / 11,309 | 185 / 200 | 0 | 3 |
Rental Market Overview
Median Rent
$2,900
0.0%
Median DOM
22
0.0%
New Listings
2
Inventory
12
+20.0%
- Average Rent: $2,964
- Median Rent: $2,900
- Rent Range: $2,100 – $4,200
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 2,185 / 1,938
- Square Footage Range: 1,187 – 3,500
- Days on Market (Avg/Median): 23 / 22
- Days on Market Range: 1 – 54
- New Listings: 2
- Total Listings: 12
Rentals by Property Type
Apartment
—
Median DOM: —
Inventory: —
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$2,975
Median DOM: 17
Inventory: 11
MoM: 0.0%
Townhouse
$2,150
Median DOM: 54
Inventory: 1
MoM: 0.0%
Single Family
Avg/Median Rent$3,038 / $2,975Range$2,100 – $4,200Rent per Sq Ft$1 / $1Sq Ft2,276 / 2,023DOM20 / 17New2Total11
Townhouse
Avg/Median Rent$2,150 / $2,150Range$2,150 – $2,150Rent per Sq Ft$2 / $2Sq Ft1,187 / 1,187DOM54 / 54New0Total1
Rentals by Bedroom Count
2 Beds
Avg:$2,562Median:$2,150Range:$2,150 – $2,975PSF:$2 / $1Sq Ft:1,605 / 1,187DOM:28 / 1New:1Total:2
3 Beds
Avg:$2,800Median:$2,800Range:$2,100 – $3,400PSF:$2 / $2Sq Ft:1,732 / 1,597DOM:24 / 22New:1Total:6
4 Beds
Avg:$3,411Median:$3,200Range:$2,850 – $4,200PSF:$1 / $1Sq Ft:3,155 / 3,243DOM:19 / 17New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $2,562 | $2,150 | $2,150 – $2,975 | $2 / $1 | 1,605 / 1,187 | 28 / 1 | 1 | 2 |
| 3 Beds | $2,800 | $2,800 | $2,100 – $3,400 | $2 / $2 | 1,732 / 1,597 | 24 / 22 | 1 | 6 |
| 4 Beds | $3,411 | $3,200 | $2,850 – $4,200 | $1 / $1 | 3,155 / 3,243 | 19 / 17 | 0 | 4 |
6-Month Sales Trend
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:39New:17Total:76
Jun 2026
Median Price:$1,568,400Median DOM:39New:22Total:78
Jul 2026
Median Price:$2,000,000Median DOM:41New:19Total:71
Aug 2026
Median Price:$1,730,000Median DOM:48New:5Total:69
6-Month Rental Trend
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:11New:1Total:5
Jun 2026
Median Rent:$3,000Median DOM:22New:3Total:5
Jul 2026
Median Rent:$2,900Median DOM:22New:4Total:10
Aug 2026
Median Rent:$2,900Median DOM:22New:2Total:12
Key Market Takeaways
Median sale prices softened this month while inventory compressed. 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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