ZIP 37122 Housing Market Report
Nashville Metro
Report period: March 2026
37122 Monthly Market Update – March 2026
ZIP 37122 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$617,640
+0.6%
Median DOM (Sales)
35
−12.5%
New Listings (Sales)
92
−59.1%
Median Rent
$2,499
+0.1%
Median DOM (Rental)
18
−18.2%
Total Rental Listings
174
+8.8%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Manufactured (13 DOM)
- Fastest renting: Single Family (12 DOM)
- Strongest bedroom: 6 Beds ($889,000 median)
Sales Market Overview
Median Price
$617,640
+0.6%
Median DOM
35
−12.5%
New Listings
92
−59.1%
Inventory
814
−2.7%
- Average Price: $727,130
- Median Price: $617,640
- Price Range: $44,888 – $7,400,000
- Price per Sq Ft (Avg/Median): $251 / $237
- Square Footage (Avg/Median): 2,699 / 2,707
- Square Footage Range: 954 – 9,626
- Days on Market (Avg/Median): 57 / 35
- Days on Market Range: 1 – 351
- New Listings: 92
- Total Listings: 814
Sales by Property Type
Condo
Avg/Median Price$379,225 / $315,000Range$303,900 – $498,000Price per Sq Ft$274 / $268Sq Ft1,434 / 1,035DOM93 / 52New1Total4
Land
Avg/Median Price$1,314,209 / $775,000Range$44,888 – $7,400,000Price per Sq Ft—Sq Ft—DOM98 / 70New6Total63
Manufactured
Avg/Median Price$496,075 / $320,000Range$314,900 – $849,900Price per Sq Ft$345 / $199Sq Ft1,635 / 1,280DOM61 / 13New0Total4
Single Family
Avg/Median Price$705,141 / $631,350Range$299,900 – $4,949,999Price per Sq Ft$252 / $237Sq Ft2,803 / 2,794DOM52 / 32New77Total684
Townhouse
Avg/Median Price$394,431 / $395,000Range$270,000 – $510,000Price per Sq Ft$241 / $234Sq Ft1,660 / 1,555DOM66 / 37New8Total59
Sales by Bedroom Count
1 Beds
Avg:$631,803Median:$631,803Range:$631,803 – $631,803PSF:$361 / $361Sq Ft:1,752 / 1,752DOM:82 / 82New:0Total:1
2 Beds
Avg:$424,170Median:$424,000Range:$270,000 – $635,000PSF:$276 / $276Sq Ft:1,557 / 1,463DOM:58 / 34New:6Total:42
3 Beds
Avg:$562,592Median:$515,000Range:$299,900 – $1,599,999PSF:$269 / $248Sq Ft:2,135 / 2,073DOM:59 / 35New:26Total:221
4 Beds
Avg:$734,543Median:$655,990Range:$314,900 – $3,399,900PSF:$245 / $237Sq Ft:2,944 / 2,861DOM:49 / 29New:38Total:348
5 Beds
Avg:$762,365Median:$684,665Range:$497,990 – $4,949,999PSF:$228 / $217Sq Ft:3,255 / 3,107DOM:50 / 32New:15Total:133
6 Beds
Avg:$1,548,933Median:$889,000Range:$749,900 – $4,365,000PSF:$274 / $231Sq Ft:5,187 / 3,844DOM:125 / 40New:1Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $631,803 | $631,803 | $631,803 – $631,803 | $361 / $361 | 1,752 / 1,752 | 82 / 82 | 0 | 1 |
| 2 Beds | $424,170 | $424,000 | $270,000 – $635,000 | $276 / $276 | 1,557 / 1,463 | 58 / 34 | 6 | 42 |
| 3 Beds | $562,592 | $515,000 | $299,900 – $1,599,999 | $269 / $248 | 2,135 / 2,073 | 59 / 35 | 26 | 221 |
| 4 Beds | $734,543 | $655,990 | $314,900 – $3,399,900 | $245 / $237 | 2,944 / 2,861 | 49 / 29 | 38 | 348 |
| 5 Beds | $762,365 | $684,665 | $497,990 – $4,949,999 | $228 / $217 | 3,255 / 3,107 | 50 / 32 | 15 | 133 |
| 6 Beds | $1,548,933 | $889,000 | $749,900 – $4,365,000 | $274 / $231 | 5,187 / 3,844 | 125 / 40 | 1 | 6 |
Rental Market Overview
Median Rent
$2,499
+0.1%
Median DOM
18
−18.2%
New Listings
42
Inventory
174
+8.8%
- Average Rent: $2,605
- Median Rent: $2,499
- Rent Range: $1,000 – $9,000
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 2,067 / 1,955
- Square Footage Range: 658 – 4,601
- Days on Market (Avg/Median): 40 / 18
- Days on Market Range: 1 – 351
- New Listings: 42
- Total Listings: 174
Rentals by Property Type
Apartment
$1,480
Median DOM: 132
Inventory: 11
MoM: +0.1%
Condo
$1,000
Median DOM: 22
Inventory: 2
MoM: +0.1%
Single Family
$2,560
Median DOM: 12
Inventory: 144
MoM: +0.1%
Townhouse
$2,149
Median DOM: 21
Inventory: 15
MoM: +0.1%
Apartment
Avg/Median Rent$1,511 / $1,480Range$1,355 – $1,870Rent per Sq Ft$2 / $2Sq Ft819 / 800DOM170 / 132New0Total11
Condo
Avg/Median Rent$1,475 / $1,000Range$1,000 – $1,950Rent per Sq Ft$1 / $1Sq Ft1,220 / 700DOM48 / 22New0Total2
Multi-Family
Avg/Median Rent$2,000 / $1,500Range$1,500 – $2,500Rent per Sq Ft$1 / $1Sq Ft1,650 / 1,275DOM26 / 21New0Total2
Single Family
Avg/Median Rent$2,754 / $2,560Range$1,100 – $9,000Rent per Sq Ft$1 / $1Sq Ft2,223 / 2,115DOM35 / 12New39Total144
Townhouse
Avg/Median Rent$2,201 / $2,149Range$1,800 – $2,800Rent per Sq Ft$1 / $1Sq Ft1,652 / 1,600DOM32 / 21New3Total15
Rentals by Bedroom Count
1 Beds
Avg:$1,475Median:$1,480Range:$1,000 – $1,870PSF:$2 / $2Sq Ft:783 / 789DOM:147 / 129New:0Total:11
2 Beds
Avg:$2,117Median:$1,975Range:$1,399 – $2,950PSF:$1 / $1Sq Ft:1,512 / 1,216DOM:73 / 73New:1Total:10
3 Beds
Avg:$2,437Median:$2,330Range:$1,100 – $6,000PSF:$1 / $1Sq Ft:1,868 / 1,814DOM:37 / 14New:25Total:91
4 Beds
Avg:$2,973Median:$2,800Range:$1,999 – $6,500PSF:$1 / $1Sq Ft:2,510 / 2,346DOM:25 / 9New:15Total:48
5 Beds
Avg:$3,667Median:$3,295Range:$2,500 – $9,000PSF:$1 / $1Sq Ft:3,243 / 3,078DOM:32 / 26New:1Total:14
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,475 | $1,480 | $1,000 – $1,870 | $2 / $2 | 783 / 789 | 147 / 129 | 0 | 11 |
| 2 Beds | $2,117 | $1,975 | $1,399 – $2,950 | $1 / $1 | 1,512 / 1,216 | 73 / 73 | 1 | 10 |
| 3 Beds | $2,437 | $2,330 | $1,100 – $6,000 | $1 / $1 | 1,868 / 1,814 | 37 / 14 | 25 | 91 |
| 4 Beds | $2,973 | $2,800 | $1,999 – $6,500 | $1 / $1 | 2,510 / 2,346 | 25 / 9 | 15 | 48 |
| 5 Beds | $3,667 | $3,295 | $2,500 – $9,000 | $1 / $1 | 3,243 / 3,078 | 32 / 26 | 1 | 14 |
6-Month Sales Trend
Oct 2025
Median Price:$599,900Median DOM:42New:227Total:764
Nov 2025
Median Price:$600,000Median DOM:44New:181Total:726
Dec 2025
Median Price:$599,999Median DOM:48New:173Total:719
Jan 2026
Median Price:$619,990Median DOM:49New:221Total:772
Feb 2026
Median Price:$613,865Median DOM:40New:225Total:837
Mar 2026
Median Price:$617,640Median DOM:35New:92Total:814
6-Month Rental Trend
Oct 2025
Median Rent:$2,495Median DOM:11New:100Total:232
Nov 2025
Median Rent:$2,389Median DOM:19New:76Total:210
Dec 2025
Median Rent:$2,320Median DOM:19New:75Total:178
Jan 2026
Median Rent:$2,350Median DOM:25New:44Total:174
Feb 2026
Median Rent:$2,497Median DOM:22New:57Total:160
Mar 2026
Median Rent:$2,499Median DOM:18New:42Total:174
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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