ZIP 37221 Housing Market Report

Nashville Metro

Report period: June 2026

37221 Monthly Market Update – June 2026

ZIP 37221 · Last updated Jun 13, 2026 · Data range Jan 2026 – Jun 2026

Executive Snapshot

Median Sale Price
$520,000
0.0%
Median DOM (Sales)
34
+6.3%
New Listings (Sales)
42
−68.2%
Median Rent
$2,150
0.0%
Median DOM (Rental)
16
−11.1%
Total Rental Listings
103
+2.0%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Multi-Family (8 DOM)
  • Fastest renting: Single Family (2 DOM)
  • Strongest bedroom: 6 Beds ($2,499,000 median)

Sales Market Overview

Median Price
$520,000
0.0%
Median DOM
34
+6.3%
New Listings
42
−68.2%
Inventory
431
−1.1%
  • Average Price: $705,707
  • Median Price: $520,000
  • Price Range: $135,000 – $6,000,000
  • Price per Sq Ft (Avg/Median): $278 / $254
  • Square Footage (Avg/Median): 2,335 / 1,984
  • Square Footage Range: 675 – 10,075
  • Days on Market (Avg/Median): 51 / 34
  • Days on Market Range: 2 – 313
  • New Listings: 42
  • Total Listings: 431

Sales by Property Type

Apartment
Avg/Median Price$218,933 / $179,900Range$177,000 – $299,900Price per Sq Ft$238 / $246Sq Ft936 / 720DOM151 / 130New0Total3
Condo
Avg/Median Price$337,131 / $300,000Range$160,000 – $729,300Price per Sq Ft$262 / $247Sq Ft1,265 / 1,141DOM68 / 54New2Total45
Land
Avg/Median Price$913,984 / $550,000Range$135,000 – $6,000,000Price per Sq FtSq FtDOM124 / 116New0Total26
Multi-Family
Avg/Median Price$503,500 / $449,000Range$400,000 – $600,000Price per Sq Ft$228 / $221Sq Ft2,217 / 2,190DOM10 / 8New2Total4
Single Family
Avg/Median Price$889,311 / $650,000Range$175,000 – $4,999,999Price per Sq Ft$298 / $265Sq Ft2,829 / 2,632DOM41 / 28New30Total252
Townhouse
Avg/Median Price$380,675 / $395,000Range$165,000 – $549,999Price per Sq Ft$237 / $230Sq Ft1,626 / 1,696DOM53 / 40New8Total101

Sales by Bedroom Count

1 Beds
Avg:$262,522Median:$180,000Range:$165,000 – $899,900PSF:$294 / $267Sq Ft:803 / 720DOM:106 / 78New:0Total:9
2 Beds
Avg:$355,033Median:$314,900Range:$160,000 – $2,175,000PSF:$260 / $248Sq Ft:1,328 / 1,216DOM:62 / 56New:9Total:90
3 Beds
Avg:$514,981Median:$475,000Range:$269,900 – $2,500,000PSF:$261 / $257Sq Ft:1,969 / 1,895DOM:39 / 29New:18Total:164
4 Beds
Avg:$936,107Median:$699,900Range:$394,900 – $3,250,000PSF:$290 / $252Sq Ft:3,097 / 3,088DOM:47 / 32New:7Total:108
5 Beds
Avg:$1,648,576Median:$1,350,000Range:$649,000 – $4,500,000PSF:$351 / $326Sq Ft:4,552 / 4,302DOM:37 / 22New:6Total:28
6 Beds
Avg:$2,394,000Median:$2,499,000Range:$565,000 – $4,999,999PSF:$388 / $296Sq Ft:5,718 / 5,530DOM:36 / 8New:2Total:6

Rental Market Overview

Median Rent
$2,150
0.0%
Median DOM
16
−11.1%
New Listings
27
Inventory
103
+2.0%
  • Average Rent: $2,357
  • Median Rent: $2,150
  • Rent Range: $700 – $10,000
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,658 / 1,493
  • Square Footage Range: 500 – 4,256
  • Days on Market (Avg/Median): 36 / 16
  • Days on Market Range: 1 – 304
  • New Listings: 27
  • Total Listings: 103

Rentals by Property Type

Apartment
$1,344
Median DOM: 184
Inventory: 13
MoM: 0.0%
Condo
$1,750
Median DOM: 19
Inventory: 22
MoM: 0.0%
Single Family
$2,715
Median DOM: 2
Inventory: 46
MoM: 0.0%
Townhouse
$2,000
Median DOM: 32
Inventory: 20
MoM: 0.0%
Apartment
Avg/Median Rent$1,376 / $1,344Range$1,128 – $1,950Rent per Sq Ft$2 / $2Sq Ft862 / 826DOM162 / 184New1Total13
Condo
Avg/Median Rent$1,792 / $1,750Range$1,250 – $2,800Rent per Sq Ft$2 / $1Sq Ft1,221 / 1,150DOM27 / 19New6Total22
Multi-Family
Avg/Median Rent$1,800 / $1,800Range$1,800 – $1,800Rent per Sq Ft$2 / $2Sq Ft1,124 / 1,092DOM36 / 4New1Total2
Single Family
Avg/Median Rent$2,991 / $2,715Range$700 – $10,000Rent per Sq Ft$1 / $1Sq Ft2,129 / 2,013DOM21 / 2New17Total46
Townhouse
Avg/Median Rent$2,216 / $2,000Range$1,600 – $3,200Rent per Sq Ft$1 / $1Sq Ft1,652 / 1,660DOM50 / 32New2Total20

Rentals by Bedroom Count

Studio
Avg:$1,506Median:$1,506Range:$1,506 – $1,506PSF:$3 / $3Sq Ft:563 / 563DOM:New:0Total:1
1 Beds
Avg:$1,236Median:$1,275Range:$700 – $1,403PSF:$2 / $2Sq Ft:752 / 720DOM:66 / 40New:2Total:12
2 Beds
Avg:$1,846Median:$1,690Range:$1,347 – $2,800PSF:$1 / $1Sq Ft:1,280 / 1,152DOM:44 / 16New:6Total:30
3 Beds
Avg:$2,421Median:$2,350Range:$1,485 – $5,995PSF:$1 / $1Sq Ft:1,727 / 1,700DOM:22 / 9New:16Total:41
4 Beds
Avg:$3,939Median:$3,099Range:$2,500 – $10,000PSF:$1 / $1Sq Ft:2,630 / 2,384DOM:49 / 25New:2Total:15
5 Beds
Avg:$3,567Median:$3,500Range:$3,200 – $4,000PSF:$1 / $1Sq Ft:3,250 / 2,980DOM:29 / 31New:1Total:3
6 Beds
Avg:$2,000Median:$2,000Range:$2,000 – $2,000PSF:$1 / $1Sq Ft:1,910 / 1,910DOM:40 / 40New:0Total:1

6-Month Sales Trend

Jan 2026
Median Price:$549,900Median DOM:72New:78Total:381
Feb 2026
Median Price:$549,900Median DOM:60New:68Total:366
Mar 2026
Median Price:$524,000Median DOM:32New:122Total:332
Apr 2026
Median Price:$509,000Median DOM:34New:125Total:392
May 2026
Median Price:$520,000Median DOM:32New:132Total:436
Jun 2026
Median Price:$520,000Median DOM:34New:42Total:431

6-Month Rental Trend

Jan 2026
Median Rent:$1,990Median DOM:17New:40Total:98
Feb 2026
Median Rent:$1,999Median DOM:23New:25Total:104
Mar 2026
Median Rent:$2,150Median DOM:21New:37Total:96
Apr 2026
Median Rent:$2,100Median DOM:18New:42Total:102
May 2026
Median Rent:$2,150Median DOM:18New:40Total:101
Jun 2026
Median Rent:$2,150Median DOM:16New:27Total:103

Key Market Takeaways

Median sale prices held steady 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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