37213
Nashville, Tennessee
Nashville 37213 needs watching.
The 37213 ZIP code in Nashville, Tennessee has a median sale price of $295K, down N/A year-over-year. Homes spend an average of 433 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 27 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 37213.
The 37213 ZIP code shows a stalled market with a median sale price of $295,000 holding flat year-over-year as of July 2013. Properties are languishing with an average 433 days on market, more than fourteen months, indicating severely constrained demand. Zero homes are selling above list price, confirming buyers face no competition and hold complete negotiating leverage in this distressed environment.
This market exclusively favors patient cash buyers and bargain-hunting investors who can absorb carrying costs during extended holding periods. Sellers face the worst possible conditions with 433-day absorption rates and no premium pricing power. Buyers can lowball offers with impunity given the zero above-list-price sales metric, while sellers should consider waiting unless financially forced to transact under these circumstances.
The PropIQ score of 27 out of 100 signals fundamental weakness with limited near-term recovery prospects. The combination of flat pricing despite 433-day market times suggests either overpricing persistence or structural demand problems in this Nashville submarket. Monitor monthly sales velocity and days-on-market trends; continued stagnation above 300 days would indicate deeper correction risk ahead rather than stabilization.
What is the median home price in 37213 Nashville?
The median sale price in 37213 is $295K, down N/A year-over-year as of 2013-07-31.
How long do homes stay on the market in Nashville 37213?
Homes in 37213 Nashville spend an average of 433 days on market before going under contract.
Is Nashville 37213 a good place to invest in real estate?
Folio's PropIQ™ score for 37213 is 27/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 27 mean for 37213?
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 27 = Caution in 37213 Nashville, Tennessee.