37211
Nashville, Tennessee
Nashville 37211 needs watching.
The 37211 ZIP code in Nashville, Tennessee has a median sale price of $405K, down -6.8% year-over-year. Homes spend an average of 106 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 37211.
# ZIP Code 37211 Market Report
The Nashville 37211 market shows clear deceleration with median prices at $405,000, down 6.8% year-over-year as of February 2026. Homes now sit an average 105.5 days before selling, a significant extension from Nashville's hot-market period when properties moved in weeks. Only 9% of transactions close above asking price, indicating sellers have lost pricing leverage. This combination of negative appreciation, extended marketing periods, and minimal bidding competition marks a fundamental shift from the aggressive buyer behavior that characterized this submarket in prior years.
Patient buyers with flexible timelines benefit most from current conditions in 37211. The 105-day average marketing period creates negotiation leverage that didn't exist when inventory moved quickly, particularly for buyers willing to engage with properties sitting beyond the market average. Cash investors seeking rental yields rather than appreciation can acquire assets at 6.8% below 2025 pricing levels. Sellers face challenges unless priced competitively from listing day, as the 9% above-ask rate means 91% of properties either meet or fall short of initial pricing expectations.
The PropIQ score of 55/100 signals continued caution rather than imminent recovery. This neutral-to-negative rating suggests stabilization remains quarters away, with further price discovery likely before establishing a sustainable floor. Monitor absorption rates and days-on-market trends monthly; improvement requires DOM compression below 90 days and above-ask percentages exceeding 15%. Until these metrics inflect positively, the data supports a wait-and-watch posture for discretionary market participants, with value likely favoring those entering in late 2026 rather than current conditions.
What is the median home price in 37211 Nashville?
The median sale price in 37211 is $405K, down -6.8% year-over-year as of 2026-02-28.
How long do homes stay on the market in Nashville 37211?
Homes in 37211 Nashville spend an average of 106 days on market before going under contract.
Is Nashville 37211 a good place to invest in real estate?
Folio's PropIQ™ score for 37211 is 55/100 — a Caution signal. 9% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 37211?
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 37211 Nashville, Tennessee.