37184
Nashville, Tennessee
Nashville 37184 needs watching.
The 37184 ZIP code in Nashville, Tennessee has a median sale price of $300K, down -17.8% year-over-year. Homes spend an average of 77 days on market, with 9% 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 37184.
ZIP code 37184 shows clear signs of market correction, with the median sale price now at $300,000 following a sharp 17.8% year-over-year decline. Homes are averaging 77 days on market, well above the velocity seen during peak conditions. Only 9% of properties are selling above list price, indicating minimal competition among buyers and a fundamental shift from seller-driven pricing dynamics that characterized previous years.
This environment favors cash-position buyers and investors with patience to negotiate, as the 91% of homes selling at or below list price creates room for price discovery. Sellers facing time constraints encounter headwinds, with the 77-day marketing period requiring longer carrying costs than appreciated. First-time buyers previously priced out now find entry points, though the negative price trajectory demands careful consideration of near-term equity positions.
The PropIQ score of 55 signals caution, suggesting stabilization hasn't arrived despite the significant price adjustment already absorbed. The combination of extended days-on-market and continued reluctance to pay premiums indicates further softening remains possible. Monitoring absorption rates and whether days-on-market begins compressing below 60 days will signal if the decline is bottoming or if additional price discovery lies ahead.
What is the median home price in 37184 Nashville?
The median sale price in 37184 is $300K, down -17.8% year-over-year as of 2026-02-28.
How long do homes stay on the market in Nashville 37184?
Homes in 37184 Nashville spend an average of 77 days on market before going under contract.
Is Nashville 37184 a good place to invest in real estate?
Folio's PropIQ™ score for 37184 is 55/100 — a Caution signal. 9% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 37184?
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 37184 Nashville, Tennessee.