37060
Nashville, Tennessee
Nashville 37060 needs watching.
The 37060 ZIP code in Nashville, Tennessee has a median sale price of $570K, down -28.1% year-over-year. Homes spend an average of 62 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 37060.
The 37060 market has decelerated sharply, with median sale prices reaching $569,529 while recording a 28.1% year-over-year decline. Homes are averaging 62 days on market, and zero properties are selling above list price, indicating buyers have regained negotiating leverage after years of seller dominance. This pricing correction represents one of the steeper declines in the Nashville metro area, suggesting localized pressures beyond regional trends.
Cost-conscious buyers willing to negotiate gain maximum advantage in these conditions, particularly since the 0% above-list metric confirms sellers are accepting at or below asking prices. First-time buyers previously priced out during peak pricing can now enter at reduced basis points, while investors seeking rental yield may find compressed valuations attractive if rental rates have held steadier than sale prices. Sellers face unfavorable conditions and should avoid listing unless relocation or financial circumstances require immediate sale.
The PropIQ score of 45 signals caution, indicating elevated risk that prices haven't stabilized and further downward pressure remains possible. The 62-day inventory absorption rate suggests supply still exceeds demand at current pricing levels. Buyers should monitor whether days-on-market begins contracting below 50 days and whether any properties start exceeding list price, which would signal the correction is finding a floor rather than continuing its descent.
What is the median home price in 37060 Nashville?
The median sale price in 37060 is $570K, down -28.1% year-over-year as of 2026-02-28.
How long do homes stay on the market in Nashville 37060?
Homes in 37060 Nashville spend an average of 62 days on market before going under contract.
Is Nashville 37060 a good place to invest in real estate?
Folio's PropIQ™ score for 37060 is 45/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 45 mean for 37060?
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 37060 Nashville, Tennessee.