37076
Nashville, Tennessee
Nashville 37076 needs watching.
The 37076 ZIP code in Nashville, Tennessee has a median sale price of $412K, down -1.2% year-over-year. Homes spend an average of 87 days on market, with 8% of homes selling above list price.
Folio's PropIQ™ score of 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 37076.
# Market Report: ZIP Code 37076
The 37076 market shows cooling momentum with a median sale price of $411,500, down 1.2% year-over-year, marking a shift from the appreciation trends that characterized Nashville's outer submarkets through 2024. Properties are averaging 86.5 days on market, nearly triple the pace seen during peak conditions. Just 8% of homes are selling above list price, indicating sellers have lost pricing power and buyers are successfully negotiating from listed terms.
This environment favors patient buyers with financing certainty who can capitalize on extended negotiation windows and reduced competition for inventory. The 86.5-day absorption rate gives buyers time for thorough due diligence and multiple offer attempts without fear of being outbid. Sellers facing timeline pressure are increasingly disadvantaged, while investors seeking cash-flowing rentals may find motivated sellers willing to accept below-ask offers, though the negative price trajectory requires careful underwriting of future value assumptions.
The PropIQ score of 55 signals caution, suggesting further price compression or extended market time ahead as supply-demand dynamics continue rebalancing. The combination of declining prices, elevated days-on-market, and single-digit above-list sales points to a market still searching for equilibrium. Buyers should monitor whether DOM extends beyond 90 days and if the percentage of above-list sales drops below 5%, both indicating deeper softness that could accelerate price declines into spring selling season.
What is the median home price in 37076 Nashville?
The median sale price in 37076 is $412K, down -1.2% year-over-year as of 2026-02-28.
How long do homes stay on the market in Nashville 37076?
Homes in 37076 Nashville spend an average of 87 days on market before going under contract.
Is Nashville 37076 a good place to invest in real estate?
Folio's PropIQ™ score for 37076 is 55/100 — a Caution signal. 8% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 37076?
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 55 = Caution in 37076 Nashville, Tennessee.