37073
Nashville, Tennessee
Nashville 37073 needs watching.
The 37073 ZIP code in Nashville, Tennessee has a median sale price of $340K, down -15.0% year-over-year. Homes spend an average of 119 days on market, with 14% of homes selling above list price.
Folio's PropIQ™ score of 51 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 37073.
ZIP code 37073 shows clear buyer leverage with a median sale price of $339,900, down 15.0% year-over-year, marking one of the sharper corrections in the Nashville metro area. Homes are averaging 119 days on market, nearly double the pace seen during the 2021-2022 peak period. Only 14% of sales close above list price, indicating minimal competition and substantial negotiating room for buyers who can wait out extended listing periods.
This environment strongly favors cash buyers and conventional purchasers with flexibility on closing timelines, as the 119-day DOM allows for thorough due diligence and multiple negotiation rounds. Sellers facing job relocation or financial pressure are most vulnerable, while patient sellers with no urgency should wait for seasonal improvement. Investment buyers seeking rental income will find the 15% price decline has improved cap rates, though the 51 PropIQ score suggests careful property-level underwriting remains essential.
The PropIQ score of 51 signals neutral-to-weak fundamentals, indicating this market has not found a bottom and further price compression remains possible through mid-2026. Buyers should monitor whether DOM begins declining below 100 days and whether above-list sales exceed 20% before expecting price stabilization. The current data suggests a continuation of buyer-favorable conditions for at least two more quarters unless inventory contracts significantly.
What is the median home price in 37073 Nashville?
The median sale price in 37073 is $340K, down -15.0% year-over-year as of 2026-02-28.
How long do homes stay on the market in Nashville 37073?
Homes in 37073 Nashville spend an average of 119 days on market before going under contract.
Is Nashville 37073 a good place to invest in real estate?
Folio's PropIQ™ score for 37073 is 51/100 — a Caution signal. 14% of homes sold above asking.
What does a PropIQ™ score of 51 mean for 37073?
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 51 = Caution in 37073 Nashville, Tennessee.