37027
Nashville, Tennessee
Nashville 37027 needs watching.
The 37027 ZIP code in Nashville, Tennessee has a median sale price of $1.10M, up +8.7% year-over-year. Homes spend an average of 88 days on market, with 14% of homes selling above list price.
Folio's PropIQ™ score of 61 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 37027.
The 37027 ZIP code recorded a median sale price of $1,100,000 as of February 2026, marking an 8.7% year-over-year increase that outpaces typical Nashville metro appreciation. Properties are averaging 88 days on market, significantly longer than the sub-30-day timelines seen during peak pandemic years. Only 14% of homes are selling above list price, indicating weakened buyer urgency and a shift from the extreme seller advantage that characterized 2021-2022.
This market favors sellers with differentiated luxury properties who can absorb the 88-day marketing period without financial pressure. Buyers gain negotiating leverage from the 14% above-ask rate, particularly on homes exceeding 90 days of inventory. Investors should approach cautiously given the PropIQ score of 61, as appreciation velocity may not justify the $1.1 million entry point without significant rental yield or development potential.
The PropIQ 61 rating signals moderate risk ahead, likely reflecting inventory accumulation or demand softening in this price tier. With less than one-sixth of transactions exceeding list price, the 8.7% appreciation rate appears vulnerable to compression in subsequent quarters. Monitor monthly absorption rates and mortgage rate movements closely, as financing costs disproportionately impact luxury segments where all-cash buyers represent a smaller transaction share.
What is the median home price in 37027 Nashville?
The median sale price in 37027 is $1.10M, up +8.7% year-over-year as of 2026-02-28.
How long do homes stay on the market in Nashville 37027?
Homes in 37027 Nashville spend an average of 88 days on market before going under contract.
Is Nashville 37027 a good place to invest in real estate?
Folio's PropIQ™ score for 37027 is 61/100 — a Caution signal. 14% of homes sold above asking.
What does a PropIQ™ score of 61 mean for 37027?
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 61 = Caution in 37027 Nashville, Tennessee.