4-week rolling average · Data through March 12, 2026 · ZIP 37206
The 37206 zip code in Nashville, TN is showing warm market conditions as of March 2026, with a market temperature score of 72 out of 100. The median asking price for single-family homes sits at $750,000, with homes averaging 32 days on market and 275 active listings available. At $368.64 per square foot, buyers have a range of options across bedroom counts, from studios listed at $275,000 up to larger homes asking $2,499,000.
| Beds | Asking Price | Rent |
|---|---|---|
| 1BR | $375K | $2K/mo |
| 2BR | $465K | $2K/mo |
| 3BR | $615K | $3K/mo |
| 4BR | $875K | $4K/mo |
| 5BR | $1.39M | $6K/mo |
| 6BR | $1.20M | — |
| 7BR | $2.50M | — |
| 8BR | $950K | — |
With a warm market temperature of 72 and a median of 32 days on market, sellers are operating in a reasonably active environment with 275 competing listings to keep in mind when pricing. Setting an asking price that aligns with the $368.64 per square foot median will be important for attracting serious buyers in a market that is not moving at a frantic pace.
Buyers in the 37206 area will find a median asking price of $750,000 for single-family homes and an active inventory of 275 listings, which provides meaningful options to explore without extreme scarcity. With homes sitting an average of 32 days on market, buyers have some breathing room to conduct due diligence before making decisions.
With a median rent of $2,695 and a rental inventory of 175 units, the 37206 rental market offers a measurable demand base for investors to evaluate. The rent-by-bedroom data shows a strong jump from two-bedroom units at $2,125 to three-bedroom units at $3,000, suggesting that three-bedroom rentals may represent a particularly compelling income tier relative to the $615,000 asking price for three-bedroom homes.
The current 30-year fixed mortgage rate of 6% and 15-year fixed rate of 5.43% are key factors shaping affordability in this market. Buyers who qualify for the 15-year term can capture a meaningful rate advantage, though the higher monthly payments require careful budgeting against Nashville's $750,000 median asking price.
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Market intelligence by FarmPosts