38476
Nashville, Tennessee
Nashville 38476 needs watching.
The 38476 ZIP code in Nashville, Tennessee has a median sale price of $325K, down -43.5% year-over-year. Homes spend an average of 81 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 41 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 38476.
The 38476 market shows significant price compression with the median sale price at $325,000, down 43.5% year-over-year through February 2026. Properties average 81 days on market, well above the typical 30-45 day range for balanced conditions. Zero homes have closed above asking price, indicating sellers hold no pricing power and buyers face minimal competition. This represents a marked shift from prior market dynamics in the region.
This environment favors patient buyers with financing secured who can negotiate below list price on every transaction. Investors seeking cash-flow properties may find entry points at the $325,000 median, though the 43.5% decline raises questions about near-term appreciation potential. Sellers face the weakest position in years and should avoid listing unless relocation or financial circumstances require immediate sale, as holding costs may prove less expensive than selling into current conditions.
The PropIQ score of 41 signals caution, reflecting deteriorating fundamentals that typically precede further price discovery. The 81-day market time suggests inventory absorption issues that may persist through 2026. Buyers should monitor whether days-on-market extends beyond 90 days, which would indicate additional downward price pressure. The absence of above-list sales suggests the market has not yet established a new pricing floor.
What is the median home price in 38476 Nashville?
The median sale price in 38476 is $325K, down -43.5% year-over-year as of 2026-02-28.
How long do homes stay on the market in Nashville 38476?
Homes in 38476 Nashville spend an average of 81 days on market before going under contract.
Is Nashville 38476 a good place to invest in real estate?
Folio's PropIQ™ score for 38476 is 41/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 41 mean for 38476?
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 41 = Caution in 38476 Nashville, Tennessee.