ZIP 37221 Housing Market Report
Nashville Metro
Report period: March 2026
37221 Monthly Market Update – March 2026
ZIP 37221 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$539,900
−1.8%
Median DOM (Sales)
49
−18.3%
New Listings (Sales)
41
−39.7%
Median Rent
$2,100
+5.1%
Median DOM (Rental)
18
−21.7%
Total Rental Listings
108
+3.8%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (35 DOM)
- Fastest renting: Single Family (15 DOM)
- Strongest bedroom: 6 Beds ($2,499,000 median)
Sales Market Overview
Median Price
$539,900
−1.8%
Median DOM
49
−18.3%
New Listings
41
−39.7%
Inventory
331
−9.6%
- Average Price: $751,987
- Median Price: $539,900
- Price Range: $164,900 – $4,500,000
- Price per Sq Ft (Avg/Median): $282 / $260
- Square Footage (Avg/Median): 2,496 / 2,079
- Square Footage Range: 720 – 10,075
- Days on Market (Avg/Median): 73 / 49
- Days on Market Range: 1 – 301
- New Listings: 41
- Total Listings: 331
Sales by Property Type
Apartment
Avg/Median Price$180,950 / $179,900Range$179,900 – $182,000Price per Sq Ft$251 / $250Sq Ft720 / 720DOM143 / 80New0Total2
Condo
Avg/Median Price$371,841 / $335,000Range$174,900 – $729,300Price per Sq Ft$272 / $247Sq Ft1,358 / 1,254DOM65 / 44New1Total39
Land
Avg/Median Price$872,864 / $649,000Range$249,999 – $4,500,000Price per Sq Ft—Sq Ft—DOM127 / 108New1Total25
Multi-Family
Avg/Median Price$390,000 / $390,000Range$390,000 – $390,000Price per Sq Ft$181 / $181Sq Ft2,159 / 2,159DOM225 / 225New0Total1
Single Family
Avg/Median Price$967,519 / $750,000Range$164,900 – $3,500,000Price per Sq Ft$300 / $270Sq Ft3,100 / 3,003DOM74 / 45New29Total189
Townhouse
Avg/Median Price$386,285 / $389,000Range$175,000 – $594,900Price per Sq Ft$241 / $236Sq Ft1,616 / 1,585DOM59 / 35New10Total75
Sales by Bedroom Count
1 Beds
Avg:$182,957Median:$179,900Range:$164,900 – $205,000PSF:$253 / $250Sq Ft:723 / 720DOM:93 / 80New:1Total:7
2 Beds
Avg:$397,896Median:$329,900Range:$179,000 – $2,500,000PSF:$280 / $260Sq Ft:1,355 / 1,216DOM:55 / 36New:8Total:61
3 Beds
Avg:$502,654Median:$464,900Range:$215,000 – $1,200,000PSF:$255 / $246Sq Ft:1,975 / 1,837DOM:53 / 35New:19Total:111
4 Beds
Avg:$958,258Median:$775,000Range:$374,900 – $2,850,000PSF:$299 / $265Sq Ft:3,085 / 3,194DOM:76 / 46New:8Total:83
5 Beds
Avg:$1,401,369Median:$1,066,000Range:$599,999 – $3,500,000PSF:$316 / $272Sq Ft:4,318 / 3,823DOM:123 / 82New:4Total:40
6 Beds
Avg:$2,616,333Median:$2,499,000Range:$2,049,999 – $3,300,000PSF:$376 / $354Sq Ft:7,111 / 7,061DOM:94 / 56New:0Total:3
7 Beds
Avg:$2,300,000Median:$2,300,000Range:$2,300,000 – $2,300,000PSF:$348 / $348Sq Ft:6,603 / 6,603DOM:91 / 91New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $182,957 | $179,900 | $164,900 – $205,000 | $253 / $250 | 723 / 720 | 93 / 80 | 1 | 7 |
| 2 Beds | $397,896 | $329,900 | $179,000 – $2,500,000 | $280 / $260 | 1,355 / 1,216 | 55 / 36 | 8 | 61 |
| 3 Beds | $502,654 | $464,900 | $215,000 – $1,200,000 | $255 / $246 | 1,975 / 1,837 | 53 / 35 | 19 | 111 |
| 4 Beds | $958,258 | $775,000 | $374,900 – $2,850,000 | $299 / $265 | 3,085 / 3,194 | 76 / 46 | 8 | 83 |
| 5 Beds | $1,401,369 | $1,066,000 | $599,999 – $3,500,000 | $316 / $272 | 4,318 / 3,823 | 123 / 82 | 4 | 40 |
| 6 Beds | $2,616,333 | $2,499,000 | $2,049,999 – $3,300,000 | $376 / $354 | 7,111 / 7,061 | 94 / 56 | 0 | 3 |
| 7 Beds | $2,300,000 | $2,300,000 | $2,300,000 – $2,300,000 | $348 / $348 | 6,603 / 6,603 | 91 / 91 | 0 | 1 |
Rental Market Overview
Median Rent
$2,100
+5.1%
Median DOM
18
−21.7%
New Listings
24
Inventory
108
+3.8%
- Average Rent: $2,307
- Median Rent: $2,100
- Rent Range: $1,024 – $10,000
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,642 / 1,453
- Square Footage Range: 500 – 4,278
- Days on Market (Avg/Median): 38 / 18
- Days on Market Range: 1 – 211
- New Listings: 24
- Total Listings: 108
Rentals by Property Type
Apartment
$1,339
Median DOM: 91
Inventory: 14
MoM: +5.1%
Condo
$1,650
Median DOM: 19
Inventory: 25
MoM: +5.1%
Single Family
$2,795
Median DOM: 15
Inventory: 43
MoM: +5.1%
Townhouse
$1,995
Median DOM: 17
Inventory: 26
MoM: +5.1%
Apartment
Avg/Median Rent$1,341 / $1,339Range$1,024 – $1,547Rent per Sq Ft$2 / $2Sq Ft779 / 708DOM89 / 91New2Total14
Condo
Avg/Median Rent$1,786 / $1,650Range$1,200 – $3,100Rent per Sq Ft$1 / $1Sq Ft1,217 / 1,130DOM36 / 19New6Total25
Single Family
Avg/Median Rent$3,071 / $2,795Range$1,575 – $10,000Rent per Sq Ft$1 / $1Sq Ft2,243 / 2,062DOM34 / 15New12Total43
Townhouse
Avg/Median Rent$2,066 / $1,995Range$1,195 – $2,995Rent per Sq Ft$1 / $1Sq Ft1,487 / 1,386DOM33 / 17New4Total26
Rentals by Bedroom Count
Studio
Avg:$1,456Median:$1,456Range:$1,456 – $1,456PSF:$3 / $3Sq Ft:563 / 563DOM:—New:0Total:1
1 Beds
Avg:$1,320Median:$1,339Range:$1,024 – $1,547PSF:$2 / $2Sq Ft:740 / 731DOM:69 / 29New:2Total:13
2 Beds
Avg:$1,826Median:$1,700Range:$1,195 – $3,100PSF:$1 / $1Sq Ft:1,262 / 1,141DOM:36 / 19New:6Total:36
3 Beds
Avg:$2,430Median:$2,400Range:$1,575 – $4,000PSF:$1 / $1Sq Ft:1,804 / 1,735DOM:32 / 12New:11Total:38
4 Beds
Avg:$3,461Median:$2,815Range:$2,365 – $10,000PSF:$1 / $1Sq Ft:2,370 / 2,343DOM:35 / 31New:5Total:16
5 Beds
Avg:$4,272Median:$3,500Range:$2,895 – $5,995PSF:$1 / $1Sq Ft:3,752 / 3,737DOM:74 / 62New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,456 | $1,456 | $1,456 – $1,456 | $3 / $3 | 563 / 563 | — | 0 | 1 |
| 1 Beds | $1,320 | $1,339 | $1,024 – $1,547 | $2 / $2 | 740 / 731 | 69 / 29 | 2 | 13 |
| 2 Beds | $1,826 | $1,700 | $1,195 – $3,100 | $1 / $1 | 1,262 / 1,141 | 36 / 19 | 6 | 36 |
| 3 Beds | $2,430 | $2,400 | $1,575 – $4,000 | $1 / $1 | 1,804 / 1,735 | 32 / 12 | 11 | 38 |
| 4 Beds | $3,461 | $2,815 | $2,365 – $10,000 | $1 / $1 | 2,370 / 2,343 | 35 / 31 | 5 | 16 |
| 5 Beds | $4,272 | $3,500 | $2,895 – $5,995 | $1 / $1 | 3,752 / 3,737 | 74 / 62 | 0 | 4 |
6-Month Sales Trend
Oct 2025
Median Price:$549,900Median DOM:58New:96Total:451
Nov 2025
Median Price:$534,900Median DOM:58New:72Total:440
Dec 2025
Median Price:$535,000Median DOM:68New:52Total:399
Jan 2026
Median Price:$549,900Median DOM:72New:78Total:381
Feb 2026
Median Price:$549,900Median DOM:60New:68Total:366
Mar 2026
Median Price:$539,900Median DOM:49New:41Total:331
6-Month Rental Trend
Oct 2025
Median Rent:$1,995Median DOM:17New:37Total:86
Nov 2025
Median Rent:$1,975Median DOM:19New:34Total:89
Dec 2025
Median Rent:$1,975Median DOM:20New:34Total:89
Jan 2026
Median Rent:$1,990Median DOM:17New:40Total:98
Feb 2026
Median Rent:$1,999Median DOM:23New:25Total:104
Mar 2026
Median Rent:$2,100Median DOM:18New:24Total:108
Key Market Takeaways
Median sale prices softened 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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