38487
Nashville, Tennessee
Nashville 38487 needs watching.
The 38487 ZIP code in Nashville, Tennessee has a median sale price of $340K, down N/A year-over-year. Homes spend an average of 55 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 45 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 38487.
The 38487 ZIP code market shows stagnation with a median sale price of $339,750 holding flat year-over-year as of February 2026. Homes are spending an average of 54.5 days on market, indicating neither urgency nor distress, while the complete absence of properties selling above list price signals zero competitive bidding pressure. This represents a fundamental shift from seller-controlled dynamics to a market where asking prices now function as ceilings rather than starting points for negotiation.
Price-sensitive buyers gain maximum leverage in this environment, with the 0% above-list metric confirming room for downward negotiation on virtually every transaction. Sellers facing timeline pressure should expect the 54.5-day marketing period as baseline, with pricing discipline essential to avoid extending beyond this window. Investors seeking cash flow over appreciation will find cooperative sellers, though the flat price trajectory offers no near-term equity growth to underwrite acquisition decisions.
The PropIQ score of 45 out of 100 suggests deteriorating fundamentals that warrant defensive positioning rather than aggressive deployment of capital. Buyers should monitor whether days-on-market extends beyond the current 54.5-day average, which would confirm weakening demand and justify further price discovery. The flat year-over-year trend combined with weak buyer competition indicates potential downside risk if broader economic conditions tighten or inventory levels increase throughout 2026.
What is the median home price in 38487 Nashville?
The median sale price in 38487 is $340K, down N/A year-over-year as of 2026-02-28.
How long do homes stay on the market in Nashville 38487?
Homes in 38487 Nashville spend an average of 55 days on market before going under contract.
Is Nashville 38487 a good place to invest in real estate?
Folio's PropIQ™ score for 38487 is 45/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 45 mean for 38487?
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 45 = Caution in 38487 Nashville, Tennessee.