37222
Nashville, Tennessee

The 37222 ZIP code shows a stalled market with a median sale price of $162,750 that has remained flat year-over-year through February 2026. Properties are averaging 71 days on market, well above the typical 30-45 day range seen in balanced conditions. Most notably, zero percent of homes are selling above list price, indicating buyers hold pricing power and sellers are meeting the market rather than exceeding expectations.

This environment favors patient buyers with financing in place who can negotiate without competition-driven pressure. The 71-day market time and absence of above-list sales create room for inspection-based negotiations and closing cost concessions that wouldn't exist in tighter inventory conditions. Sellers facing timing constraints should avoid this market, while those with flexibility can wait for improved absorption rates before listing.

The PropIQ score of 45 signals caution, suggesting underlying weakness that could translate to price deterioration if days-on-market extends further or inventory accumulates. Monitor whether the current flat pricing breaks downward if the zero-percent above-list metric persists beyond seasonal spring activity. Any increase in distressed inventory or further DOM expansion beyond 80 days would confirm a shift toward a buyer-dominated market requiring price resets.