ZIP 37027 Housing Market Report

Nashville Metro

Report period: March 2026

37027 Monthly Market Update – March 2026

ZIP 37027 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$1,779,500
+1.7%
Median DOM (Sales)
61
−11.6%
New Listings (Sales)
47
−44.0%
Median Rent
$2,699
0.0%
Median DOM (Rental)
38
−17.4%
Total Rental Listings
99
+3.1%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Apartment (5 DOM)
  • Fastest renting: Townhouse (14 DOM)
  • Strongest bedroom: 7 Beds ($5,399,500 median)

Sales Market Overview

Median Price
$1,779,500
+1.7%
Median DOM
61
−11.6%
New Listings
47
−44.0%
Inventory
486
−5.4%
  • Average Price: $2,125,044
  • Median Price: $1,779,500
  • Price Range: $233,200 – $9,965,000
  • Price per Sq Ft (Avg/Median): $419 / $377
  • Square Footage (Avg/Median): 4,599 / 4,440
  • Square Footage Range: 780 – 19,427
  • Days on Market (Avg/Median): 79 / 61
  • Days on Market Range: 1 – 364
  • New Listings: 47
  • Total Listings: 486

Sales by Property Type

Apartment
Avg/Median Price$370,000 / $370,000Range$370,000 – $370,000Price per Sq Ft$198 / $198Sq Ft1,869 / 1,869DOM5 / 5New1Total1
Condo
Avg/Median Price$359,678 / $339,900Range$233,200 – $595,000Price per Sq Ft$306 / $291Sq Ft1,177 / 1,088DOM72 / 55New1Total18
Land
Avg/Median Price$2,067,690 / $1,790,000Range$360,000 – $9,965,000Price per Sq FtSq FtDOM113 / 70New2Total43
Single Family
Avg/Median Price$2,440,368 / $2,099,000Range$281,000 – $9,500,000Price per Sq Ft$445 / $413Sq Ft5,141 / 4,909DOM76 / 56New36Total374
Townhouse
Avg/Median Price$486,378 / $439,000Range$315,000 – $1,089,900Price per Sq Ft$268 / $244Sq Ft1,828 / 1,724DOM74 / 69New7Total50

Sales by Bedroom Count

1 Beds
Avg:$280,580Median:$255,000Range:$233,200 – $339,900PSF:$316 / $314Sq Ft:888 / 780DOM:45 / 16New:1Total:5
2 Beds
Avg:$424,529Median:$370,000Range:$278,900 – $945,000PSF:$291 / $282Sq Ft:1,465 / 1,313DOM:79 / 62New:4Total:28
3 Beds
Avg:$776,839Median:$614,998Range:$315,000 – $3,000,000PSF:$336 / $292Sq Ft:2,271 / 2,139DOM:56 / 47New:12Total:77
4 Beds
Avg:$1,321,589Median:$1,200,000Range:$384,900 – $2,895,000PSF:$349 / $324Sq Ft:3,679 / 3,450DOM:66 / 40New:12Total:109
5 Beds
Avg:$2,942,955Median:$2,599,999Range:$534,000 – $8,250,000PSF:$493 / $472Sq Ft:5,798 / 5,484DOM:83 / 60New:13Total:168
6 Beds
Avg:$3,896,093Median:$3,800,000Range:$1,199,900 – $8,250,000PSF:$520 / $501Sq Ft:7,269 / 6,968DOM:99 / 84New:3Total:47
7 Beds
Avg:$5,799,200Median:$5,399,500Range:$3,150,000 – $9,500,000PSF:$529 / $452Sq Ft:11,503 / 11,218DOM:112 / 97New:0Total:7
8 Beds
Avg:$4,287,000Median:$1,849,000Range:$1,849,000 – $6,725,000PSF:$400 / $237Sq Ft:9,864 / 7,801DOM:85 / 84New:0Total:2

Rental Market Overview

Median Rent
$2,699
0.0%
Median DOM
38
−17.4%
New Listings
14
Inventory
99
+3.1%
  • Average Rent: $3,188
  • Median Rent: $2,699
  • Rent Range: $1,355 – $9,500
  • Rent per Sq Ft (Avg/Median): $2 / $1
  • Square Footage (Avg/Median): 2,173 / 1,935
  • Square Footage Range: 300 – 5,986
  • Days on Market (Avg/Median): 62 / 38
  • Days on Market Range: 1 – 352
  • New Listings: 14
  • Total Listings: 99

Rentals by Property Type

Apartment
$1,499
Median DOM: 90
Inventory: 11
MoM: 0.0%
Condo
$1,850
Median DOM: 52
Inventory: 15
MoM: 0.0%
Single Family
$3,850
Median DOM: 30
Inventory: 54
MoM: 0.0%
Townhouse
$2,199
Median DOM: 14
Inventory: 18
MoM: 0.0%
Apartment
Avg/Median Rent$1,616 / $1,499Range$1,355 – $2,368Rent per Sq Ft$3 / $2Sq Ft738 / 672DOM117 / 90New0Total11
Condo
Avg/Median Rent$1,948 / $1,850Range$1,400 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,146 / 1,100DOM47 / 52New3Total15
Multi-Family
Avg/Median Rent$3,200 / $3,200Range$3,200 – $3,200Rent per Sq Ft$1 / $1Sq Ft2,200 / 2,200DOM72 / 72New0Total1
Single Family
Avg/Median Rent$4,196 / $3,850Range$1,850 – $9,500Rent per Sq Ft$1 / $1Sq Ft2,928 / 2,796DOM60 / 30New9Total54
Townhouse
Avg/Median Rent$2,156 / $2,199Range$1,450 – $2,699Rent per Sq Ft$1 / $1Sq Ft1,638 / 1,636DOM53 / 14New2Total18

Rentals by Bedroom Count

Studio
Avg:$1,979Median:$1,979Range:$1,979 – $1,979PSF:$7 / $7Sq Ft:300 / 300DOM:1 / 1New:0Total:1
1 Beds
Avg:$1,555Median:$1,433Range:$1,355 – $2,368PSF:$2 / $2Sq Ft:693 / 672DOM:142 / 90New:0Total:10
2 Beds
Avg:$1,888Median:$1,800Range:$1,449 – $3,500PSF:$2 / $2Sq Ft:1,187 / 1,116DOM:39 / 15New:2Total:16
3 Beds
Avg:$2,684Median:$2,400Range:$1,700 – $5,000PSF:$1 / $1Sq Ft:1,950 / 1,724DOM:52 / 39New:6Total:34
4 Beds
Avg:$4,351Median:$4,000Range:$2,215 – $8,000PSF:$1 / $1Sq Ft:2,995 / 2,882DOM:77 / 38New:3Total:30
5 Beds
Avg:$5,760Median:$5,000Range:$3,595 – $9,500PSF:$1 / $1Sq Ft:4,090 / 4,001DOM:40 / 25New:3Total:8

6-Month Sales Trend

Oct 2025
Median Price:$1,495,000Median DOM:56New:132Total:667
Nov 2025
Median Price:$1,499,000Median DOM:59New:119Total:635
Dec 2025
Median Price:$1,565,000Median DOM:68New:72Total:558
Jan 2026
Median Price:$1,649,000Median DOM:74New:102Total:526
Feb 2026
Median Price:$1,750,000Median DOM:69New:84Total:514
Mar 2026
Median Price:$1,779,500Median DOM:61New:47Total:486

6-Month Rental Trend

Oct 2025
Median Rent:$3,000Median DOM:28New:55Total:137
Nov 2025
Median Rent:$3,000Median DOM:32New:36Total:130
Dec 2025
Median Rent:$2,900Median DOM:31New:37Total:119
Jan 2026
Median Rent:$2,795Median DOM:45New:28Total:111
Feb 2026
Median Rent:$2,699Median DOM:46New:28Total:96
Mar 2026
Median Rent:$2,699Median DOM:38New:14Total:99

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market declined, signaling improving 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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