37181
Nashville, Tennessee

ZIP code 37181 posted a median sale price of $519,500 as of February 2026, marking an exceptional 40.0% year-over-year increase that significantly outpaces typical Nashville appreciation. However, market velocity tells a different story: homes are averaging 93.5 days on market, and zero properties are selling above list price. This divergence between aggressive price growth and stalled transaction dynamics suggests demand hasn't kept pace with seller pricing expectations, creating a disconnect between asking prices and buyer willingness to pay premiums.

This environment favors patient buyers with negotiating leverage, particularly those who can wait out the 93-day average marketing period and submit offers at or below list price. Sellers who purchased before the 40% run-up can still extract substantial equity, but recent buyers face timing risk. Investors should approach cautiously given the PropIQ score of 55—the combination of zero above-list sales and extended DOM indicates pricing power has shifted away from sellers despite the nominal appreciation recorded over the past twelve months.

The PropIQ score of 55 signals deteriorating momentum beneath the surface-level price gains, with the caution rating suggesting this market may be approaching a correction phase. The 93.5-day DOM—well above healthy market benchmarks—combined with complete absence of bidding wars indicates oversupply or overpricing. Buyers should monitor whether days-on-market continues extending and if price cuts become more prevalent, both of which would confirm the weakening trend the intelligence score is detecting before it appears in lagging median price data.