37141
Nashville, Tennessee
Nashville 37141 needs watching.
The 37141 ZIP code in Nashville, Tennessee has a median sale price of $270K, down -55.0% year-over-year. Homes spend an average of 69 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 41 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 37141.
ZIP code 37141 is experiencing severe price compression, with the median sale price settling at $270,000 after a dramatic 55% year-over-year decline. Properties are averaging 69 days on market, indicating sluggish absorption despite the sharp price correction. The complete absence of homes selling above list price signals fundamental demand weakness, with sellers forced to meet or drop below asking prices to close transactions in this environment.
This market favors cash-positioned buyers with strong due diligence capabilities who can absorb risk during volatile conditions. The 55% price decline creates entry points for investors targeting long-term appreciation rather than immediate returns, though the stalled momentum requires patience. Sellers face the worst conditions, as the zero above-list transactions and extended 69-day marketing periods indicate limited pricing power and potential for further concessions.
The PropIQ score of 41 reflects heightened caution, suggesting continued pressure through the near term with stabilization uncertain. Monitoring monthly sales velocity and days-on-market trends will indicate whether the 55% correction represents capitulation or ongoing deterioration. Until absorption improves and DOM contracts below 60 days, this ZIP remains in a buyer-controlled reset phase requiring conservative underwriting assumptions.
What is the median home price in 37141 Nashville?
The median sale price in 37141 is $270K, down -55.0% year-over-year as of 2026-02-28.
How long do homes stay on the market in Nashville 37141?
Homes in 37141 Nashville spend an average of 69 days on market before going under contract.
Is Nashville 37141 a good place to invest in real estate?
Folio's PropIQ™ score for 37141 is 41/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 41 mean for 37141?
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 41 = Caution in 37141 Nashville, Tennessee.