37011
Nashville, Tennessee
Nashville 37011 needs watching.
The 37011 ZIP code in Nashville, Tennessee has a median sale price of $200K, down -44.2% year-over-year. Homes spend an average of 49 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 45 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 37011.
ZIP code 37011 shows significant market deterioration with a median sale price of $199,750, down 44.2% year-over-year as of February 2026. Properties are moving in 49 days on average, indicating moderate inventory absorption despite the dramatic price correction. Zero homes sold above list price in the recent period, signaling complete elimination of competitive bidding dynamics that characterized prior years. This represents a fundamental shift from seller-controlled to buyer-controlled pricing power.
The current environment favors cash buyers and value-oriented investors who can capitalize on the 44% price reduction without financing constraints. Traditional owner-occupant buyers face challenges as mortgage rates compound affordability pressures even with lower absolute prices. Sellers face unfavorable conditions with no pricing leverage and should avoid listing unless relocation or liquidity needs are urgent. Buyers can negotiate below list price with confidence given zero above-ask transactions.
The PropIQ score of 45/100 indicates elevated market risk and suggests further price discovery may be incomplete. The velocity of the 44% decline raises questions about localized economic disruptions or data anomalies requiring verification. Monitor employment trends in the area and track whether days-on-market extends beyond 49 days, which would confirm continued weakening. Stabilization signals would include DOM compression and any non-zero percentage of above-list sales returning.
What is the median home price in 37011 Nashville?
The median sale price in 37011 is $200K, down -44.2% year-over-year as of 2026-02-28.
How long do homes stay on the market in Nashville 37011?
Homes in 37011 Nashville spend an average of 49 days on market before going under contract.
Is Nashville 37011 a good place to invest in real estate?
Folio's PropIQ™ score for 37011 is 45/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 45 mean for 37011?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 45 = Caution in 37011 Nashville, Tennessee.