38482
Nashville, Tennessee
Nashville 38482 needs watching.
The 38482 ZIP code in Nashville, Tennessee has a median sale price of $490K, down -64.2% year-over-year. Homes spend an average of 155 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 38482.
ZIP code 38482 shows severe price compression with a median sale price of $489,500, down 64.2% year-over-year as of February 2026. Inventory is moving slowly at 155 days on market, nearly triple the typical Nashville-area average. Zero homes are selling above list price, indicating buyers hold complete negotiating leverage. This dramatic correction suggests either a fundamental shift in area desirability or a normalization from an unsustainable peak in early 2025.
These conditions favor cash-position buyers and value investors willing to absorb extended holding periods. The 155-day marketing window eliminates competition from buyers dependent on quick closings or tight financing timelines. Sellers face difficult decisions: properties require significant pricing concessions to transact, and those needing liquidity within standard timeframes will likely accept below-market offers. Speculative flippers should avoid this ZIP entirely given the velocity collapse.
The PropIQ score of 41/100 signals continued price discovery ahead, not stabilization. With zero above-ask sales and extended DOM, another 10-15% downward price adjustment remains possible before buyer demand returns. Monitor monthly sold volume and DOM trends through Q2 2026—sustained readings above 120 days indicate further capitulation. This market requires a twelve-month minimum investment horizon before any price recovery materializes.
What is the median home price in 38482 Nashville?
The median sale price in 38482 is $490K, down -64.2% year-over-year as of 2026-02-28.
How long do homes stay on the market in Nashville 38482?
Homes in 38482 Nashville spend an average of 155 days on market before going under contract.
Is Nashville 38482 a good place to invest in real estate?
Folio's PropIQ™ score for 38482 is 41/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 41 mean for 38482?
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 38482 Nashville, Tennessee.