ZIP 37221 Housing Market Report
Nashville Metro
Report period: August 2026
37221 Monthly Market Update – August 2026
ZIP 37221 · Last updated Aug 13, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$525,000
+1.0%
Median DOM (Sales)
47
+6.8%
New Listings (Sales)
35
−67.9%
Median Rent
$2,300
+5.7%
Median DOM (Rental)
19
−20.8%
Total Rental Listings
104
0.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents moved higher.
What's Moving Fastest
- Fastest selling: Single Family (40 DOM)
- Fastest renting: Townhouse (9 DOM)
- Strongest bedroom: 6 Beds ($1,302,000 median)
Sales Market Overview
Median Price
$525,000
+1.0%
Median DOM
47
+6.8%
New Listings
35
−67.9%
Inventory
441
+0.5%
- Average Price: $720,937
- Median Price: $525,000
- Price Range: $80,000 – $7,500,000
- Price per Sq Ft (Avg/Median): $277 / $252
- Square Footage (Avg/Median): 2,351 / 2,015
- Square Footage Range: 675 – 10,075
- Days on Market (Avg/Median): 60 / 47
- Days on Market Range: 1 – 311
- New Listings: 35
- Total Listings: 441
Sales by Property Type
Apartment
Avg/Median Price$246,200 / $192,500Range$192,500 – $299,900Price per Sq Ft$243 / $219Sq Ft1,044 / 720DOM44 / 42New0Total2
Condo
Avg/Median Price$333,503 / $290,000Range$160,000 – $729,300Price per Sq Ft$254 / $237Sq Ft1,286 / 1,194DOM86 / 62New2Total44
Land
Avg/Median Price$1,145,737 / $499,999Range$80,000 – $7,500,000Price per Sq Ft—Sq Ft—DOM100 / 79New1Total24
Multi-Family
Avg/Median Price$549,600 / $565,000Range$375,000 – $759,000Price per Sq Ft$218 / $221Sq Ft2,499 / 2,340DOM58 / 69New0Total5
Single Family
Avg/Median Price$882,470 / $645,000Range$175,000 – $4,999,999Price per Sq Ft$299 / $263Sq Ft2,802 / 2,554DOM54 / 40New28Total266
Townhouse
Avg/Median Price$377,839 / $380,000Range$165,000 – $584,900Price per Sq Ft$235 / $232Sq Ft1,638 / 1,701DOM57 / 48New4Total100
Sales by Bedroom Count
1 Beds
Avg:$297,883Median:$180,000Range:$165,000 – $899,900PSF:$310 / $267Sq Ft:838 / 720DOM:66 / 52New:0Total:6
2 Beds
Avg:$357,838Median:$314,900Range:$160,000 – $2,175,000PSF:$258 / $247Sq Ft:1,353 / 1,243DOM:75 / 61New:7Total:91
3 Beds
Avg:$552,849Median:$499,000Range:$234,900 – $2,799,000PSF:$267 / $256Sq Ft:2,032 / 1,958DOM:45 / 35New:16Total:172
4 Beds
Avg:$917,393Median:$695,999Range:$370,000 – $3,795,000PSF:$289 / $250Sq Ft:3,040 / 2,962DOM:64 / 49New:10Total:113
5 Beds
Avg:$1,560,836Median:$1,099,000Range:$375,000 – $4,500,000PSF:$332 / $305Sq Ft:4,478 / 4,229DOM:54 / 38New:1Total:28
6 Beds
Avg:$1,946,557Median:$1,302,000Range:$565,000 – $4,999,999PSF:$357 / $244Sq Ft:4,826 / 5,343DOM:86 / 69New:0Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $297,883 | $180,000 | $165,000 – $899,900 | $310 / $267 | 838 / 720 | 66 / 52 | 0 | 6 |
| 2 Beds | $357,838 | $314,900 | $160,000 – $2,175,000 | $258 / $247 | 1,353 / 1,243 | 75 / 61 | 7 | 91 |
| 3 Beds | $552,849 | $499,000 | $234,900 – $2,799,000 | $267 / $256 | 2,032 / 1,958 | 45 / 35 | 16 | 172 |
| 4 Beds | $917,393 | $695,999 | $370,000 – $3,795,000 | $289 / $250 | 3,040 / 2,962 | 64 / 49 | 10 | 113 |
| 5 Beds | $1,560,836 | $1,099,000 | $375,000 – $4,500,000 | $332 / $305 | 4,478 / 4,229 | 54 / 38 | 1 | 28 |
| 6 Beds | $1,946,557 | $1,302,000 | $565,000 – $4,999,999 | $357 / $244 | 4,826 / 5,343 | 86 / 69 | 0 | 7 |
Rental Market Overview
Median Rent
$2,300
+5.7%
Median DOM
19
−20.8%
New Listings
20
Inventory
104
0.0%
- Average Rent: $2,343
- Median Rent: $2,300
- Rent Range: $650 – $9,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,553 / 1,250
- Square Footage Range: 563 – 4,768
- Days on Market (Avg/Median): 40 / 19
- Days on Market Range: 1 – 365
- New Listings: 20
- Total Listings: 104
Rentals by Property Type
Apartment
$1,303
Median DOM: 166
Inventory: 15
MoM: +5.7%
Condo
$1,800
Median DOM: 51
Inventory: 19
MoM: +5.7%
Single Family
$2,600
Median DOM: 13
Inventory: 43
MoM: +5.7%
Townhouse
$2,399
Median DOM: 9
Inventory: 22
MoM: +5.7%
Apartment
Avg/Median Rent$1,408 / $1,303Range$1,099 – $2,595Rent per Sq Ft$2 / $2Sq Ft914 / 761DOM154 / 166New1Total15
Condo
Avg/Median Rent$1,934 / $1,800Range$1,200 – $2,950Rent per Sq Ft$2 / $2Sq Ft1,176 / 1,155DOM41 / 51New1Total19
Multi-Family
Avg/Median Rent$2,119 / $1,800Range$1,450 – $2,995Rent per Sq Ft$2 / $2Sq Ft1,333 / 1,155DOM48 / 31New0Total5
Single Family
Avg/Median Rent$2,908 / $2,600Range$650 – $9,000Rent per Sq Ft$2 / $1Sq Ft2,016 / 1,856DOM30 / 13New11Total43
Townhouse
Avg/Median Rent$2,280 / $2,399Range$1,200 – $3,200Rent per Sq Ft$2 / $2Sq Ft1,481 / 1,316DOM20 / 9New7Total22
Rentals by Bedroom Count
Studio
Avg:$1,436Median:$1,436Range:$1,436 – $1,436PSF:$3 / $3Sq Ft:563 / 563DOM:—New:0Total:1
1 Beds
Avg:$1,202Median:$1,234Range:$650 – $1,350PSF:$2 / $2Sq Ft:735 / 720DOM:104 / 58New:0Total:15
2 Beds
Avg:$2,032Median:$1,900Range:$1,319 – $2,950PSF:$2 / $2Sq Ft:1,245 / 1,194DOM:34 / 4New:9Total:30
3 Beds
Avg:$2,429Median:$2,400Range:$1,450 – $5,995PSF:$2 / $1Sq Ft:1,630 / 1,631DOM:27 / 14New:10Total:42
4 Beds
Avg:$3,881Median:$3,100Range:$2,600 – $9,000PSF:$1 / $1Sq Ft:2,702 / 2,343DOM:46 / 31New:1Total:14
5 Beds
Avg:$3,450Median:$3,000Range:$3,000 – $3,900PSF:$1 / $1Sq Ft:2,748 / 2,515DOM:56 / 31New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,436 | $1,436 | $1,436 – $1,436 | $3 / $3 | 563 / 563 | — | 0 | 1 |
| 1 Beds | $1,202 | $1,234 | $650 – $1,350 | $2 / $2 | 735 / 720 | 104 / 58 | 0 | 15 |
| 2 Beds | $2,032 | $1,900 | $1,319 – $2,950 | $2 / $2 | 1,245 / 1,194 | 34 / 4 | 9 | 30 |
| 3 Beds | $2,429 | $2,400 | $1,450 – $5,995 | $2 / $1 | 1,630 / 1,631 | 27 / 14 | 10 | 42 |
| 4 Beds | $3,881 | $3,100 | $2,600 – $9,000 | $1 / $1 | 2,702 / 2,343 | 46 / 31 | 1 | 14 |
| 5 Beds | $3,450 | $3,000 | $3,000 – $3,900 | $1 / $1 | 2,748 / 2,515 | 56 / 31 | 0 | 2 |
6-Month Sales Trend
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:$525,000Median DOM:38New:114Total:437
Jul 2026
Median Price:$520,000Median DOM:44New:109Total:439
Aug 2026
Median Price:$525,000Median DOM:47New:35Total:441
6-Month Rental Trend
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:$2,245Median DOM:15New:48Total:113
Jul 2026
Median Rent:$2,175Median DOM:24New:30Total:104
Aug 2026
Median Rent:$2,300Median DOM:19New:20Total:104
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, while total rental inventory was flat.
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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