ZIP 37048 Housing Market Report

Nashville Metro

Report period: March 2026

37048 Monthly Market Update – March 2026

ZIP 37048 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$599,900
+1.9%
Median DOM (Sales)
72
−2.7%
New Listings (Sales)
1
−90.9%
Median Rent
$1,500
0.0%
Median DOM (Rental)
8
0.0%
Total Rental Listings
2
0.0%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Land (65 DOM)
  • Fastest renting: Single Family (8 DOM)
  • Strongest bedroom: 5 Beds ($1,480,000 median)

Sales Market Overview

Median Price
$599,900
+1.9%
Median DOM
72
−2.7%
New Listings
1
−90.9%
Inventory
58
−17.1%
  • Average Price: $775,743
  • Median Price: $599,900
  • Price Range: $230,000 – $2,500,000
  • Price per Sq Ft (Avg/Median): $286 / $269
  • Square Footage (Avg/Median): 2,531 / 2,533
  • Square Footage Range: 884 – 4,614
  • Days on Market (Avg/Median): 91 / 72
  • Days on Market Range: 4 – 337
  • New Listings: 1
  • Total Listings: 58

Sales by Property Type

Land
Avg/Median Price$935,827 / $479,000Range$230,000 – $2,500,000Price per Sq FtSq FtDOM134 / 65New0Total15
Single Family
Avg/Median Price$719,900 / $639,900Range$255,000 – $1,689,000Price per Sq Ft$286 / $269Sq Ft2,531 / 2,533DOM77 / 81New1Total43

Sales by Bedroom Count

2 Beds
Avg:$291,500Median:$255,000Range:$255,000 – $328,000PSF:$257 / $225Sq Ft:1,170 / 884DOM:76 / 32New:0Total:2
3 Beds
Avg:$634,833Median:$599,900Range:$299,900 – $1,250,000PSF:$273 / $254Sq Ft:2,357 / 2,201DOM:78 / 83New:1Total:27
4 Beds
Avg:$904,015Median:$775,000Range:$499,000 – $1,689,000PSF:$307 / $296Sq Ft:3,038 / 3,002DOM:69 / 72New:0Total:13
5 Beds
Avg:$1,480,000Median:$1,480,000Range:$1,480,000 – $1,480,000PSF:$443 / $443Sq Ft:3,342 / 3,342DOM:160 / 160New:0Total:1

Rental Market Overview

Median Rent
$1,500
0.0%
Median DOM
8
0.0%
New Listings
0
Inventory
2
0.0%
  • Average Rent: $2,248
  • Median Rent: $1,500
  • Rent Range: $1,500 – $2,995
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 2,334 / 1,100
  • Square Footage Range: 1,100 – 3,568
  • Days on Market (Avg/Median): 59 / 8
  • Days on Market Range: 8 – 109
  • New Listings: 0
  • Total Listings: 2

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$1,500
Median DOM: 8
Inventory: 2
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Single Family
Avg/Median Rent$2,248 / $1,500Range$1,500 – $2,995Rent per Sq Ft$1 / $1Sq Ft2,334 / 1,100DOM59 / 8New0Total2

Rentals by Bedroom Count

2 Beds
Avg:$1,500Median:$1,500Range:$1,500 – $1,500PSF:$1 / $1Sq Ft:1,100 / 1,100DOM:109 / 109New:0Total:1
3 Beds
Avg:$2,995Median:$2,995Range:$2,995 – $2,995PSF:$1 / $1Sq Ft:3,568 / 3,568DOM:8 / 8New:0Total:1

6-Month Sales Trend

Oct 2025
Median Price:$499,900Median DOM:60New:21Total:81
Nov 2025
Median Price:$550,000Median DOM:64New:13Total:83
Dec 2025
Median Price:$550,000Median DOM:75New:12Total:82
Jan 2026
Median Price:$550,000Median DOM:75New:14Total:77
Feb 2026
Median Price:$588,500Median DOM:74New:11Total:70
Mar 2026
Median Price:$599,900Median DOM:72New:1Total:58

6-Month Rental Trend

Oct 2025
Median Rent:$2,000Median DOM:1New:3Total:3
Nov 2025
Median Rent:$2,000Median DOM:5New:3Total:5
Dec 2025
Median Rent:$1,700Median DOM:29New:1Total:4
Jan 2026
Median Rent:$1,795Median DOM:29New:1Total:4
Feb 2026
Median Rent:$1,500Median DOM:8New:0Total:2
Mar 2026
Median Rent:$1,500Median DOM:8New:0Total:2

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 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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