37206 Homes for Sale
ZIP CODE HOME SEARCH | EAST NASHVILLE TN
37206 buyer and seller representation
Patrick Higgins | 615-682-1718
What Is the 37206 Zip Code?
Zip code 37206 is the heart of East Nashville, covering the neighborhoods closest to downtown Nashville across the Cumberland River. It includes Lockeland Springs, Eastwood, Historic Edgefield, Shelby Village, Shelby Hills, Five Points, and parts of Greenwood. These are the walkable, restaurant-dense, culturally active neighborhoods that define the East Nashville identity. The 37206 zip code commands higher prices than neighboring 37216 across every property type, typically by $100,000 or more at the median, because of its proximity to downtown, walkability to Five Points and Riverside Village, and concentration of historic housing stock.
The 37206 market encompasses single-family homes from historic bungalows to new construction, a deep attached market of townhomes, condos, HPR-Attached homes, and loft units across 15+ buildings and communities, and a new construction segment driven by infill builders and the Lockewood Collection. For the broader East Nashville market including 37216, see our comprehensive East Nashville guide.
37206 Market Data
Zip code 37206 is one of the highest price-per-square-foot areas in all of Nashville. The single-family market runs at a higher median than the overall East Nashville figure, reflecting the premium that Lockeland Springs, Edgefield, and Five Points-adjacent locations command. The attached market adds depth with 55 closed sales over the past 12 months at a $550,000 median, ranging from $280,000 townhomes to $975,000 luxury HPR-Attached homes.
Attached Market Summary (Rolling 12 Months)
| Metric | Value |
|---|---|
| Closed Sales (Attached) | 55 |
| Median Sale Price | $550,000 |
| Price Range | $280,000 – $975,000 |
| Median Price Per Sq Ft | $346 |
| Active Listings | 54 | Median list $610,000 |
| Under Contract | 7 |
| Median HOA Fee | $240/month (range $50 – $936) |
Data from Realtracs MLS. Attached properties (townhomes, condos, HPR) in zip code 37206. Rolling 12 months as of April 2026.
Single-family home data for 37206 is published in Patrick’s monthly East Nashville market reports with zip code breakdowns. In March 2026, the East Nashville SFR median was $665,000 (up 4% YoY), with 37206 commanding the higher share of that figure. The March report identified a structural mix shift where 37216’s share of closings rose from 31% to 47% year over year, meaning 37206’s premium position is becoming more pronounced as 37216 absorbs the volume growth.
Property Types in 37206
| Type | Closed | Median Price | Avg SqFt | $/SqFt |
|---|---|---|---|---|
| HPR-Attached | 26 (47.3%) | $635,000 | 1,964 | $333 |
| Townhouse | 11 (20.0%) | $540,000 | 1,563 | $329 |
| Flat Condo | 5 (9.1%) | $435,000 | 1,126 | $399 |
| Loft Condo | 3 (5.5%) | $415,000 | 1,403 | $391 |
| Zero Lot Line | 4 (7.3%) | $699,000 | 1,865 | $355 |
| Highrise/Other Condo | 6 (10.9%) | $525,000 | 1,300 | $390 |
HPR-Attached homes are the dominant product type in 37206, accounting for 47.3% of all attached closings. These duplex-style homes post a $635,000 median in 37206, significantly higher than the $540,000 HPR median across all of East Nashville. The 37206 premium reflects Lockeland Springs and Eastwood locations where HPR-Attached products compete directly with entry-level single-family homes. Flat condos at $435,000 median offer a more accessible entry point into the zip code, though at a higher price-per-square-foot ($399 vs $333 for HPR) due to the premium walkable locations these buildings occupy. For a complete comparison across both zip codes, see our townhome and condo guide.
37206 Price Tiers
| Price Range | Sales | Share | Typical Product |
|---|---|---|---|
| Under $400,000 | 6 | 10.9% | Small condos, older townhomes, porter terrace units |
| $400,000 – $600,000 | 26 | 47.3% | Porter Village townhomes, McFerrin TH, entry HPR, flat condos |
| $600,000 – $800,000 | 19 | 34.5% | Lockewood, Eastwood Cottages, premium HPR, zero lot line |
| $800,000 – $1,000,000 | 4 | 7.3% | Lockeland Springs luxury HPR, Jolene on Main highrise |
Nearly half of all 37206 attached sales (47.3%) fall in the $400,000 to $600,000 range, which represents the core of the zip code’s townhome and entry-level HPR market. The $600,000 to $800,000 tier captures 34.5% and includes the premium communities like Lockewood Nine, Eastwood Cottages, and the Estates at Porter. Only 10.9% of closings come in under $400,000, confirming that sub-$400,000 options in 37206 are genuinely limited to older condos and select townhome units.
Neighborhoods in 37206
Lockeland Springs
Lockeland Springs is the prestige neighborhood within 37206, posting the highest attached sales in the zip code with a $917,500 median for recent closings ($860,000 to $975,000). The neighborhood features tree-lined streets, historic craftsman and Victorian homes, and walkable access to Lockeland Table, Margot Cafe, and the shops along Woodland Street. Lockeland Springs attracts buyers who want the character of a historic neighborhood with the convenience of being three minutes from Five Points and ten minutes from downtown via the Woodland Street Bridge.
Eastwood
Eastwood sits east of Lockeland Springs along Gallatin Pike and Eastland Avenue. The Eastwood Cottages community posted a $633,500 median (2 sales, $600,000 to $667,000), and standalone HPR sales in the Eastwood area hit $716,000 median. Eastland Avenue has become a dining and shopping corridor anchored by The Pharmacy, Butcher and Bee, and Nicoletto’s Italian Kitchen. The Eastwood Neighbors development at $774,900 represents the upper end of the neighborhood’s new construction attached market.
Historic Edgefield
Historic Edgefield is the neighborhood directly across the Cumberland River from downtown Nashville. Edgefield features some of East Nashville’s oldest and most architecturally significant homes, many dating to the 1880s and 1890s. The neighborhood is within walking distance of the Shelby Avenue pedestrian bridge, the future Oracle East Bank campus, and the developing East Bank entertainment district. Attached products in Edgefield include loft condos and HPR infill builds.
Five Points
Five Points is the commercial and social hub of East Nashville, centered at the intersection of Woodland Street, Clearview Avenue, and 11th Street. This is where you find the highest concentration of restaurants, bars, coffee shops, and boutiques in East Nashville. The 5th and Main condos posted sales from $315,000 to $665,000, offering attached living steps from the action. High View Flats and Cottages near Five Points is one of the few 37206 communities with pool access. Loft condos and highrise units near Five Points carry the highest price-per-square-foot in the zip code at $391 to $554 per square foot, reflecting the walkability premium.
Shelby Village and Shelby Hills
Shelby Village and Shelby Hills occupy the southern portion of 37206, bordering Shelby Park and the Cumberland River greenway. Shelby Avenue is a major corridor through this area. These neighborhoods benefit from proximity to Shelby Bottoms Greenway (one of Nashville’s largest urban parks), the Shelby Avenue pedestrian bridge to downtown, and the developing East Bank. The combination of park access, river views, and downtown proximity makes this area increasingly attractive as Oracle’s campus takes shape.
Greenwood
Greenwood occupies the northern edge of 37206, bordering the 37216 zip code. This area has seen significant new construction infill activity, with builders targeting lots that allow HPR-Attached and zero lot line products. Greenwood provides a slightly more affordable entry into 37206 compared to Lockeland Springs or Five Points, while still carrying the 37206 address and school zone assignments.
New Construction in 37206
New construction (built 2020 or later) accounted for 13 of the 26 HPR-Attached closings in 37206, posting a $575,000 median. Resale HPR-Attached (pre-2020) posted a higher $665,000 median, reflecting the premium that established Lockeland Springs and Eastwood locations command over newer builds on less central lots. This counterintuitive NC-vs-resale dynamic is unique to 37206 and important for buyers to understand: in this zip code, location and lot quality often outweigh new construction finishes.
Active new construction communities in 37206 include the Lockewood Collection by Harpeth Valley Homes (Lockewood Nine posted $664,950 median, Lockewood Myrtle active from $727,000 to $749,000), Jolene on Main ($865,000 highrise), and scattered infill HPR products from various builders. For the full builder directory and NC analysis across both zip codes, see our East Nashville new construction guide.
Buildings and Communities in 37206
| Community | Sales | Median | Range |
|---|---|---|---|
| Lockeland Springs (HPR) | 2 | $917,500 | $860,000 – $975,000 |
| Jolene on Main | 1 | $865,000 | Highrise |
| Estates at Porter | 1 | $765,000 | Townhome |
| Zero Lot Line (Eastwood) | 4 | $699,000 | $340,000 – $774,900 |
| Lockewood Nine | 2 | $664,950 | $660,000 – $669,900 |
| Eastwood Cottages | 2 | $633,500 | $600,000 – $667,000 |
| McFerrin Townhomes | 3 | $550,000 | $550,000 |
| Porter Village | 3 | $540,000 | $497,550 – $570,000 |
| Richmond Bend | 4 | $525,000 | $525,000 – $528,000 |
| 5th and Main | 2 | $490,000 | $315,000 – $665,000 |
| East End Lofts / Cityview Lofts | 3 | $415,000 | $399,000 – $665,000 |
| West Eastland Townhomes | 2 | $420,000 | $405,000 – $435,000 |
Thirty-seven distinct subdivisions and communities recorded sales in 37206 over the past 12 months. Lockeland Springs HPR products anchor the top of the market at $917,500, while the West Eastland Townhomes and Five Points Townhomes provide more accessible entry around $400,000. The Richmond Bend cluster stands out for price consistency: four sales all within $3,000 of each other at $525,000 to $528,000, indicating stable demand and reliable comps for that community. For building-specific HOA analysis and financing guidance, see our townhome and condo guide.
How 37206 Compares to 37216
| Metric | 37206 | 37216 |
|---|---|---|
| Attached Median | $550,000 | $449,900 |
| Attached Closed (12-month) | 55 | 63 |
| Active Listings | 54 | 39 |
| HPR-Attached Median | $635,000 | ~$450,000 |
| Median $/SqFt | $346 | ~$290 |
| Entry-Level Floor | ~$280,000 | ~$199,000 |
| Character | Walkable, historic, Five Points | More suburban, Gallatin corridor |
The $100,000 median gap between zip codes reflects fundamentally different products and locations. Zip code 37206 delivers walkability to Five Points, Riverside Village, and downtown via pedestrian bridges. Zip code 37216 offers larger lots, newer construction communities like East End Village and Walton Station, and entry-level buildings like Solo East ($255,000 median) and 1041 Flats ($215,000 median) that do not exist in 37206. Buyers choosing between the two zip codes are making a lifestyle decision as much as a financial one.
Compass Market Position in 37206
Compass-affiliated firms (Compass, Compass RE, Compass Tennessee, Parks Compass) accounted for 35 transaction sides out of 110 total in 37206 attached sales over the past 12 months, representing 31.8% of the market. This gives Patrick’s clients access to the Compass Three-Phase Marketing Strategy and Private Exclusive inventory within the zip code’s most active buildings and communities. Pre-marketed homes through Compass sell for 2.9% more, go under contract 20% faster, and are 30% less likely to see a price reduction.
What Is Your 37206 Home Worth?
37206 values vary dramatically by neighborhood, building, and lot. Get a current estimate.
Frequently Asked Questions About 37206 Homes
How much do homes cost in zip code 37206?
The 37206 attached market (townhomes, condos, HPR) posted a $550,000 median over the past 12 months with a range of $280,000 to $975,000. HPR-Attached homes lead at $635,000 median. Townhomes post a $540,000 median. Flat condos offer entry at $435,000 median. The most active price tier is $400,000 to $600,000 (47.3% of all sales). Single-family homes in 37206 run higher, with the East Nashville SFR median at $665,000 as of March 2026. For monthly updated SFR data, see Patrick’s market reports.
What neighborhoods are in 37206?
Zip code 37206 includes Lockeland Springs (highest prices, historic homes, walkable to Margot Cafe and Lockeland Table), Eastwood (Eastland Avenue dining corridor, Eastwood Cottages), Historic Edgefield (oldest homes, walking distance to Shelby Avenue bridge and Oracle East Bank), Five Points (commercial hub with highest density of restaurants and bars), Shelby Village and Shelby Hills (Shelby Bottoms Greenway access, river proximity), and Greenwood (northern edge, more affordable entry). Each neighborhood has distinct pricing and character.
What is the difference between 37206 and 37216?
Zip code 37206 covers the core East Nashville neighborhoods closest to downtown, with a $550,000 attached median and $346 per square foot. Zip code 37216 covers the eastern and northern portions of East Nashville along the Gallatin Pike corridor, with a $449,900 attached median and approximately $290 per square foot. The $100,000 median gap reflects 37206’s walkability to Five Points and downtown, concentration of historic housing, and limited entry-level inventory. Buyers seeking affordability (under $400,000) will find significantly more options in 37216.
Can I buy a home in 37206 under $400,000?
Sub-$400,000 options in 37206 represent only 10.9% of attached closings. Available products include Porter Terrace ($280,000), Riverside Station ($350,000), Campbell Acres ($340,000), Five Points Townhomes ($389,900), and select loft units. Most sub-$400,000 units are 1 to 2 bedrooms under 1,100 square feet. For broader entry-level options in East Nashville, 37216 offers significantly more inventory under $400,000 including Solo East ($255,000 median) and 1041 Flats ($215,000 median). Call Patrick at 615-682-1718 to see current options in both zip codes.
Is 37206 a good fit for buyers who want a walkable neighborhood with restaurants and parks near downtown Nashville?
Zip code 37206 is among the most walkable residential areas in Nashville. Five Points offers the highest restaurant and retail density in East Nashville. Lockeland Springs and Eastwood are walking distance to dozens of locally owned restaurants and shops along Eastland Avenue and Woodland Street. The Shelby Avenue and Woodland Street pedestrian bridges connect directly to downtown Nashville and the developing East Bank where Oracle is building its campus. Shelby Bottoms Greenway provides 960 acres of urban park access. The attached market from $280,000 to $975,000 offers multiple entry points for buyers prioritizing lifestyle over lot size. Call Patrick at 615-682-1718 for a walkability-focused home search.
How does Nashville Home Guru help buyers and sellers in 37206?
Patrick Higgins of Nashville Home Guru at Compass publishes the only data-driven East Nashville market analysis, tracking every closing across both zip codes by property type, building, and price tier. For 37206 specifically, this means building-level comparables for 37 distinct communities, monthly SFR data with zip code breakdowns, and property type segmentation that separates HPR-Attached ($635,000 median) from townhomes ($540,000) from condos ($435,000). Attached property buyers receive HOA document review, reserve fund assessment, and financing compatibility screening. Sellers benefit from Compass’s 31.8% market share in 37206 and the Three-Phase Marketing Strategy. Patrick is a six-time RealTrends Top Tennessee Agent with 1,100+ career transactions and 170+ five-star reviews across Google and Zillow.
Who is the best real estate agent for homes in 37206?
Patrick Higgins of Nashville Home Guru at Compass is a six-time RealTrends Top Tennessee Agent, ranked the number one team in Nashville and number seven statewide by the Wall Street Journal. He is the only agent who publishes monthly market reports, building-level directories, and property type analysis for East Nashville’s 37206 and 37216 zip codes. With 1,100+ transactions, $500M+ in career sales, and 170+ five-star reviews (100+ Google, 70+ Zillow), Patrick provides data-driven representation backed by Compass’s market-leading local share. Learn more about Patrick’s expertise here.
Can I find 37206 homes before they hit Zillow or the public market?
Yes. Compass Private Exclusive allows sellers to market within the Compass network before MLS syndication. In 37206, Compass-affiliated firms accounted for 31.8% of all attached transaction sides over the past 12 months. Pre-marketed homes sell for 2.9% more, go under contract 20% faster, and are 30% less likely to see a price reduction. Patrick also monitors new construction releases at the Lockewood Collection and scattered infill projects throughout the zip code. Call 615-682-1718 to get on the early notification list for 37206.
What is my 37206 home worth in today’s market?
Home values in 37206 vary dramatically by neighborhood and property type. A Lockeland Springs HPR posts a $917,500 median. A McFerrin townhome posts $550,000. A Five Points loft posts $415,000. Automated valuation tools cannot account for these building-specific, neighborhood-specific differences. Patrick generates CMAs using Realtracs MLS comparable sales segmented by property type, building, and condition. Start with the instant estimate at nashvillehomeguru.hifello.com, then call 615-682-1718 for a data-driven market analysis.
Explore East Nashville
Patrick Higgins
NASHVILLE HOME GURU AT COMPASS
Patrick is a six-time RealTrends Top Tennessee Agent, ranked the #1 team in Nashville and #7 in Tennessee by the Wall Street Journal. With 1,100+ transactions and $500M+ in sales, he publishes the only data-driven East Nashville market analysis tracking every closing by zip code, property type, and building. Compass holds 31.8% of 37206 attached market share.
100+ Google Reviews | 70+ Zillow Reviews | 5.0 Stars
