37146
Nashville, Tennessee
Nashville 37146 needs watching.
The 37146 ZIP code in Nashville, Tennessee has a median sale price of $408K, down -6.9% year-over-year. Homes spend an average of 81 days on market, with 3% 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 37146.
The 37146 ZIP code posted a median sale price of $407,500 as of February 2026, representing a 6.9% year-over-year decline that signals a meaningful market correction. Homes are averaging 81 days on market, substantially longer than the sub-30-day timelines seen during the 2021-2022 peak. Only 3% of properties are selling above list price, confirming that seller pricing power has evaporated and competition among buyers has effectively disappeared in this submarket.
This environment favors cash-positioned buyers and patient investors who can absorb carrying costs during extended marketing periods. The 81-day DOM metric means sellers facing time-sensitive relocations are increasingly vulnerable to negotiation, creating discounting opportunities that didn't exist twelve months ago. Investors targeting single-family rentals should focus on properties priced 10-15% below the $407,500 median, where the combination of reduced competition and seller urgency produces the strongest yield potential.
The PropIQ score of 45 suggests deteriorating fundamentals that have not yet stabilized, indicating further price compression is probable over the next two quarters. The combination of falling prices and minimal above-list sales points to oversupply conditions that typically require 6-9 months to resolve. Monitor monthly inventory levels and the percentage of listings taking price reductions—any increase above 35% would confirm additional downward pressure on the $407,500 median through mid-2026.
What is the median home price in 37146 Nashville?
The median sale price in 37146 is $408K, down -6.9% year-over-year as of 2026-02-28.
How long do homes stay on the market in Nashville 37146?
Homes in 37146 Nashville spend an average of 81 days on market before going under contract.
Is Nashville 37146 a good place to invest in real estate?
Folio's PropIQ™ score for 37146 is 45/100 — a Caution signal. 3% of homes sold above asking.
What does a PropIQ™ score of 45 mean for 37146?
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 37146 Nashville, Tennessee.