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Market Snapshot

Median listing price
$412K

The median listing price in Nashville, TN ZIP 37207 is $412,450 as of June 2026.

Median rent
$2,300/mo

The median market rent in Nashville, TN ZIP 37207 is $2,300/month as of June 2026.

Days on market
243 days

The median days on market in Nashville, TN ZIP 37207 is 243 days as of June 2026. The market is currently neutral.

Gross rental yield
6.69%

At a median list price of $412,450 and a median rent of $2,300/month, the gross rental yield in Nashville, TN ZIP 37207 is 6.69% as of June 2026.

STR vs LTR
$2,704/mo STR · $2,300/mo LTR

In Nashville, TN ZIP 37207, median Airbnb revenue is $2,704/month compared to median long-term rent of $2,300/month as of June 2026.

Nashville, TN 37207 Real Estate Market Report

ZIP Code: 37207

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
266
Active Listings
163
Sold Properties
103

Market Metrics

Median Listing Price
$412,450
Median Sold Price
$385,000
Median Price per Sqft
$254/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,300

Property Taxes

Property Tax Rate
0.65%

Liquidity & Velocity

Median Days on Market
243
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
down
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Nashville, TN, are averaging approximately 6.5% to 6.9%, reflecting a stable market environment for property owners in this area.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. $385,000 median sold price is the primary indicator of recent market value in 37207 and suggests current transactions are tracking below asking expectations given the $412,450 median listing price, which may indicate pricing friction between sellers and buyers.
  2. $385,000 median sold price combined with a median days on market of 243 points to slower sales velocity and suggests that pricing precision or buyer qualification may be more important than speed when positioning listings in this ZIP code.
  3. $385,000 median sold price sits alongside a median price per square foot of 254, which suggests sellers seeking premium per-square-foot valuation should expect careful buyer scrutiny and that modest price adjustments may be required to convert listing interest into closed sales.
  4. $385,000 median sold price and reported market signals — including down price year-over-year, neutral market temperature, up rent year-over-year, and elevated interest rate pressure with current 30-year fixed rates around 6.5% to 6.9% — imply a balanced but cautious environment where investors may still find rental upside while sellers should price competitively given relatively constrained active supply.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

1212 N 5th St, Nashville, TN 37207
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds2 baths2,390 sqft
$1,600,000
Mar 1, 2026
$669/sqft/sqft
1109 N 2nd St, Nashville, TN 37207
Premium

Sold above market average

3 beds1 baths1,234 sqft
$1,489,900
May 1, 2026
$1,207/sqft/sqft
2702 days on market
824 Meridian St, Nashville, TN 37207
Premium

Sold above market average

2 beds2 baths1,671 sqft
$1,475,000
Apr 1, 2026
$883/sqft/sqft
1188 days on market
3352 Thorpe Rd, Nashville, TN 37207
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,440 sqft
$385,000
Apr 1, 2026
$267/sqft/sqft
931 days on market
4716 Indian Summer Dr, Nashville, TN 37207
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths2,095 sqft
$380,000
Mar 1, 2026
$181/sqft/sqft
100 days on market
1318 N 6th St, Nashville, TN 37207
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths926 sqft
$375,000
May 1, 2026
$405/sqft/sqft
1798 days on market
3801 Dunbar Dr, Nashville, TN 37207
Value

Sold below market average

3 beds1 baths1,823 sqft
$162,218
Apr 1, 2026
$89/sqft/sqft
3213 Moorewood Dr, Nashville, TN 37207
Value

Sold below market average

3 beds1 baths1,476 sqft
$160,000
Apr 1, 2026
$108/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

$27/mo
37207 Avg Rent
37207 Cost to Own
Rent$2,300
Own$2,273

20% down, 6.53% rate, 0.6% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

37207 Avg nightly rate
37207 Avg occupancy (days/year)
Nightly rate$234/night
Occupancy131 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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