The story of this market
The typical home in ZIP 37218 sells for about $325,000, or $215 per square foot.
Prices are down 1.2% from a year ago, which gives buyers more room to negotiate. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,381 a month.
ZIP 37218 — Nashville
The 37218 housing market shows signs of stabilization with a median price of $325,000 and a moderate inventory level. While year-over-year prices have dipped slightly, the area remains an affordable alternative within the Nashville metro, driven by steady demand for entry-level housing. Market activity is currently balanced, reflecting broader regional trends of cooling appreciation.
This ZIP is well-suited for first-time homebuyers and budget-conscious families seeking proximity to Nashville without the premium price tags of the city's more gentrified neighborhoods.
Median prices moved down 1.2% year over year.
Homes spend a median of 48 days on market with 3.2 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.8% · poverty 19.0% — a mixed stability profile.
Built from 29 recorded sales in the last 24 months against HUD 3-bedroom fair market rents. The location premium is the part of the price that rent, income, education, employment, vacancy, price trend, hazard, lending and flood risk don't explain. It usually reflects amenities, schools and scarcity. It's area context and does not change this ZIP's home value estimates.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 37218, Davidson County TN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the 37218 area are generally reported as higher than the national average, with property crime being the most frequent concern compared to other Nashville neighborhoods.
Schools serving the area are part of the Metro Nashville Public Schools district, with most local schools receiving mixed performance ratings from state accountability metrics.
The area is subject to standard regional risks including severe thunderstorms and occasional flooding in low-lying areas near the Cumberland River, with insurance premiums reflecting these environmental factors.
Development momentum is driven by proximity to the Nashville urban core and ongoing residential infill projects, though major corporate headquarters are primarily located in the broader metro area.
Property taxes are assessed by Davidson County based on a state-mandated appraisal cycle, with rates determined by the consolidated government of Nashville-Davidson County.
Residents typically rely on personal vehicles for commuting, with access to I-24 and Briley Parkway providing direct routes to downtown Nashville and surrounding employment hubs.
The area features access to local community parks and proximity to the Cumberland River greenway system, with basic retail and dining options available along major thoroughfares.
The rental market is characterized by a mix of single-family homes and older apartment complexes, with moderate vacancy pressure and steady demand from workforce-sector tenants.
The local economy is heavily integrated into the broader Nashville labor market, which is anchored by healthcare, education, and tourism sectors.
The area is served by WeGo Public Transit bus routes connecting to the downtown transit hub, though car dependency remains high.
Development is focused on residential densification and the revitalization of older commercial corridors bordering the ZIP.
The Davidson County Assessor of Property manages assessments, with properties reappraised on a four-year cycle.
Parcels are subject to Metro Nashville-Davidson County general services district taxes and specific school district levies.
Property insurance costs are rising due to regional weather volatility and increased construction costs for repairs.
Data retrieved from data.census.gov ZCTA profile tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Nashville Shores Waterpark4.314.3 mi
- Aquarium Restaurant4.48.8 mi
- Dave & Buster's Nashville4.28.8 mi
- K1 Speed Nashville4.56.1 mi
- Up-Down Nashville4.66 mi
- Grand Ole Opry4.88.9 mi
- Bridgestone Arena4.75.4 mi
- Nissan Stadium4.55.5 mi
- Ryman Auditorium4.85.4 mi
- Music City Center4.75.5 mi
- Grand Ole Opry4.88.9 mi
- Country Music Hall of Fame and Museum4.65.6 mi
- Nashville Zoo at Grassmere4.510.4 mi
- The Parthenon4.64.8 mi
- Ryman Auditorium4.85.4 mi
- Grand Ole Opry4.88.9 mi
- Country Music Hall of Fame and Museum4.65.6 mi
- The Parthenon4.64.8 mi
- Ryman Auditorium4.85.4 mi
- Cheekwood4.78.6 mi
- Centennial Park4.74.8 mi
- Cheekwood4.78.6 mi
- Radnor Lake State Park4.710.5 mi
- Bicentennial Capitol Mall State Park4.74.5 mi
- Warner Parks4.811.5 mi
- Four Corners Resort and Marina4.319.4 mi
- Cedar Creek Marina4.419.5 mi
- Hamilton Creek Sailboat Marina4.614.4 mi
- Sun Life Marinas - Blue Turtle Bay Marina4.712.2 mi
- Nashville Shores Marina4.414 mi
- Topgolf Nashville4.44.7 mi
- Hermitage Golf Course4.412 mi
- McCabe Golf Course4.24.9 mi
- Gaylord Springs Golf Links4.29.6 mi
- Two Rivers Golf Course4.49.5 mi
- Opry Mills4.58.9 mi
- The Mall at Green Hills4.47.5 mi
- Nashville Farmers' Market4.54.5 mi
- One Hundred Oaks4.48.6 mi
- Publix Super Market at Capitol View4.44.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Historic public park offering recreational facilities and community space.
Provides scenic walking and biking paths along the riverfront.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.