ZIP 37115 Housing Market Report
Nashville Metro
Report period: March 2026
37115 Monthly Market Update – March 2026
ZIP 37115 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$370,300
−1.2%
Median DOM (Sales)
38
−15.6%
New Listings (Sales)
36
−52.0%
Median Rent
$1,845
−0.3%
Median DOM (Rental)
35
−30.0%
Total Rental Listings
182
+3.4%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (32 DOM)
- Fastest renting: Multi-Family (8 DOM)
- Strongest bedroom: Studio ($1,999,999 median)
Sales Market Overview
Median Price
$370,300
−1.2%
Median DOM
38
−15.6%
New Listings
36
−52.0%
Inventory
319
−8.3%
- Average Price: $413,805
- Median Price: $370,300
- Price Range: $79,900 – $1,999,999
- Price per Sq Ft (Avg/Median): $248 / $227
- Square Footage (Avg/Median): 1,655 / 1,569
- Square Footage Range: 621 – 8,276
- Days on Market (Avg/Median): 65 / 38
- Days on Market Range: 2 – 345
- New Listings: 36
- Total Listings: 319
Sales by Property Type
Condo
Avg/Median Price$210,682 / $194,900Range$109,900 – $348,000Price per Sq Ft$196 / $201Sq Ft1,082 / 1,110DOM60 / 50New3Total40
Land
Avg/Median Price$357,578 / $239,900Range$79,900 – $1,399,000Price per Sq Ft—Sq Ft—DOM103 / 125New2Total27
Multi-Family
Avg/Median Price$367,372 / $329,700Range$268,875 – $645,000Price per Sq Ft$231 / $219Sq Ft1,638 / 1,414DOM43 / 32New2Total10
Single Family
Avg/Median Price$423,174 / $408,900Range$174,900 – $1,250,000Price per Sq Ft$247 / $239Sq Ft1,801 / 1,711DOM62 / 37New26Total177
Townhouse
Avg/Median Price$543,793 / $359,900Range$150,000 – $1,999,999Price per Sq Ft$284 / $220Sq Ft1,612 / 1,569DOM64 / 38New3Total65
Sales by Bedroom Count
Studio
Avg:$1,999,999Median:$1,999,999Range:$1,999,999 – $1,999,999PSF:—Sq Ft:—DOM:20 / 20New:0Total:2
1 Beds
Avg:$201,600Median:$165,000Range:$109,900 – $359,900PSF:$243 / $253Sq Ft:813 / 704DOM:63 / 41New:3Total:19
2 Beds
Avg:$281,588Median:$309,900Range:$114,900 – $549,499PSF:$225 / $220Sq Ft:1,248 / 1,277DOM:55 / 38New:7Total:75
3 Beds
Avg:$466,546Median:$390,000Range:$179,997 – $1,999,999PSF:$270 / $241Sq Ft:1,742 / 1,720DOM:66 / 38New:17Total:133
4 Beds
Avg:$450,856Median:$426,230Range:$345,000 – $970,000PSF:$229 / $220Sq Ft:2,022 / 1,888DOM:63 / 37New:3Total:44
5 Beds
Avg:$542,282Median:$510,755Range:$299,000 – $950,000PSF:$216 / $211Sq Ft:2,544 / 2,300DOM:61 / 32New:3Total:16
6 Beds
Avg:$1,250,000Median:$1,250,000Range:$1,250,000 – $1,250,000PSF:$313 / $313Sq Ft:4,000 / 4,000DOM:11 / 11New:1Total:1
7 Beds
Avg:$792,500Median:$460,000Range:$460,000 – $1,125,000PSF:$289 / $171Sq Ft:2,728 / 2,694DOM:114 / 114New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,999,999 | $1,999,999 | $1,999,999 – $1,999,999 | — | — | 20 / 20 | 0 | 2 |
| 1 Beds | $201,600 | $165,000 | $109,900 – $359,900 | $243 / $253 | 813 / 704 | 63 / 41 | 3 | 19 |
| 2 Beds | $281,588 | $309,900 | $114,900 – $549,499 | $225 / $220 | 1,248 / 1,277 | 55 / 38 | 7 | 75 |
| 3 Beds | $466,546 | $390,000 | $179,997 – $1,999,999 | $270 / $241 | 1,742 / 1,720 | 66 / 38 | 17 | 133 |
| 4 Beds | $450,856 | $426,230 | $345,000 – $970,000 | $229 / $220 | 2,022 / 1,888 | 63 / 37 | 3 | 44 |
| 5 Beds | $542,282 | $510,755 | $299,000 – $950,000 | $216 / $211 | 2,544 / 2,300 | 61 / 32 | 3 | 16 |
| 6 Beds | $1,250,000 | $1,250,000 | $1,250,000 – $1,250,000 | $313 / $313 | 4,000 / 4,000 | 11 / 11 | 1 | 1 |
| 7 Beds | $792,500 | $460,000 | $460,000 – $1,125,000 | $289 / $171 | 2,728 / 2,694 | 114 / 114 | 0 | 2 |
Rental Market Overview
Median Rent
$1,845
−0.3%
Median DOM
35
−30.0%
New Listings
33
Inventory
182
+3.4%
- Average Rent: $1,836
- Median Rent: $1,845
- Rent Range: $800 – $6,575
- Rent per Sq Ft (Avg/Median): $2 / $1
- Square Footage (Avg/Median): 1,270 / 1,162
- Square Footage Range: 360 – 4,000
- Days on Market (Avg/Median): 87 / 35
- Days on Market Range: 1 – 361
- New Listings: 33
- Total Listings: 182
Rentals by Property Type
Apartment
$1,099
Median DOM: 224
Inventory: 45
MoM: −0.3%
Condo
$1,500
Median DOM: 33
Inventory: 15
MoM: −0.3%
Single Family
$2,100
Median DOM: 17
Inventory: 86
MoM: −0.3%
Townhouse
$2,100
Median DOM: 77
Inventory: 29
MoM: −0.3%
Apartment
Avg/Median Rent$1,214 / $1,099Range$800 – $2,779Rent per Sq Ft$2 / $1Sq Ft817 / 733DOM196 / 224New1Total45
Condo
Avg/Median Rent$1,602 / $1,500Range$1,050 – $2,900Rent per Sq Ft$2 / $2Sq Ft1,023 / 968DOM53 / 33New4Total15
Multi-Family
Avg/Median Rent$1,570 / $1,300Range$1,095 – $2,500Rent per Sq Ft$2 / $2Sq Ft980 / 800DOM25 / 8New2Total7
Single Family
Avg/Median Rent$2,146 / $2,100Range$950 – $6,575Rent per Sq Ft$1 / $1Sq Ft1,532 / 1,474DOM48 / 17New24Total86
Townhouse
Avg/Median Rent$2,070 / $2,100Range$1,095 – $3,405Rent per Sq Ft$2 / $2Sq Ft1,349 / 1,294DOM105 / 77New2Total29
Rentals by Bedroom Count
Studio
Avg:$1,281Median:$1,199Range:$1,013 – $1,500PSF:$2 / $2Sq Ft:593 / 585DOM:265 / 269New:0Total:4
1 Beds
Avg:$1,087Median:$1,030Range:$800 – $1,600PSF:$2 / $2Sq Ft:844 / 720DOM:145 / 93New:1Total:36
2 Beds
Avg:$1,577Median:$1,549Range:$848 – $3,405PSF:$2 / $2Sq Ft:1,017 / 1,050DOM:75 / 34New:12Total:57
3 Beds
Avg:$2,233Median:$2,200Range:$1,600 – $2,995PSF:$1 / $1Sq Ft:1,547 / 1,556DOM:69 / 31New:14Total:69
4 Beds
Avg:$2,587Median:$2,785Range:$2,000 – $3,000PSF:$1 / $1Sq Ft:1,877 / 1,800DOM:67 / 12New:6Total:14
6 Beds
Avg:$4,888Median:$3,200Range:$3,200 – $6,575PSF:$2 / $2Sq Ft:4,000 / 4,000DOM:62 / 31New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,281 | $1,199 | $1,013 – $1,500 | $2 / $2 | 593 / 585 | 265 / 269 | 0 | 4 |
| 1 Beds | $1,087 | $1,030 | $800 – $1,600 | $2 / $2 | 844 / 720 | 145 / 93 | 1 | 36 |
| 2 Beds | $1,577 | $1,549 | $848 – $3,405 | $2 / $2 | 1,017 / 1,050 | 75 / 34 | 12 | 57 |
| 3 Beds | $2,233 | $2,200 | $1,600 – $2,995 | $1 / $1 | 1,547 / 1,556 | 69 / 31 | 14 | 69 |
| 4 Beds | $2,587 | $2,785 | $2,000 – $3,000 | $1 / $1 | 1,877 / 1,800 | 67 / 12 | 6 | 14 |
| 6 Beds | $4,888 | $3,200 | $3,200 – $6,575 | $2 / $2 | 4,000 / 4,000 | 62 / 31 | 0 | 2 |
6-Month Sales Trend
Oct 2025
Median Price:$374,200Median DOM:51New:91Total:349
Nov 2025
Median Price:$356,970Median DOM:51New:103Total:379
Dec 2025
Median Price:$353,700Median DOM:54New:61Total:358
Jan 2026
Median Price:$350,000Median DOM:56New:82Total:358
Feb 2026
Median Price:$374,800Median DOM:45New:75Total:348
Mar 2026
Median Price:$370,300Median DOM:38New:36Total:319
6-Month Rental Trend
Oct 2025
Median Rent:$1,850Median DOM:29New:66Total:193
Nov 2025
Median Rent:$1,795Median DOM:48New:49Total:197
Dec 2025
Median Rent:$1,800Median DOM:43New:52Total:198
Jan 2026
Median Rent:$1,845Median DOM:53New:39Total:199
Feb 2026
Median Rent:$1,850Median DOM:50New:47Total:176
Mar 2026
Median Rent:$1,845Median DOM:35New:33Total:182
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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