37236
Nashville, Tennessee
Nashville 37236 needs watching.
The 37236 ZIP code in Nashville, Tennessee has a median sale price of $285K, down N/A year-over-year. Homes spend an average of 110 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 37236.
ZIP code 37236 shows a stagnant market with a median sale price of $285,195 holding flat year-over-year as of December 2018. Properties are averaging 110 days on market, significantly above Nashville's typical absorption rate, and zero homes are closing above list price. This combination of extended inventory time and absent bidding competition indicates a clear shift from the seller-favorable conditions that characterized Nashville's broader market through mid-2018. The data points to substantial buyer hesitation in this specific pocket.
This environment favors patient buyers with financing contingencies who can negotiate without competition pressure. The 110-day average DOM creates leverage for offer structures including inspection periods, seller concessions, and below-ask pricing. Investors seeking cash-flowing rentals may find cooperative sellers, though the flat pricing and slow velocity suggest limited appreciation potential. Sellers face unfavorable conditions and should consider delaying listings unless pricing reflects the 3-4 month expected market time.
The PropIQ score of 27 signals deteriorating fundamentals that typically precede price corrections rather than stabilization. Markets exhibiting this combination of extended DOM, zero over-ask sales, and flat pricing during a growth period for the metro area often see 5-8% price declines within 12-18 months. Monitoring employment data specific to this ZIP's primary industries and any increase in distressed listings will provide early indicators of whether conditions stabilize or accelerate downward.
What is the median home price in 37236 Nashville?
The median sale price in 37236 is $285K, down N/A year-over-year as of 2018-12-31.
How long do homes stay on the market in Nashville 37236?
Homes in 37236 Nashville spend an average of 110 days on market before going under contract.
Is Nashville 37236 a good place to invest in real estate?
Folio's PropIQ™ score for 37236 is 27/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 27 mean for 37236?
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 37236 Nashville, Tennessee.