38567
Nashville, Tennessee
Nashville 38567 needs watching.
The 38567 ZIP code in Nashville, Tennessee has a median sale price of $1.14M, up +483.5% year-over-year. Homes spend an average of 138 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 64 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 38567.
ZIP code 38567 presents extreme volatility with a median sale price of $1,135,000 and a year-over-year increase of 483.5%, suggesting either a fundamental market shift or small sample distortion from a few high-value transactions. Properties are averaging 137.5 days on market, well above Nashville's typical absorption rate, while zero homes are selling above list price. This combination of extended marketing periods and lack of competitive bidding indicates buyers maintain full negotiating leverage despite the steep year-over-year price appreciation.
This environment favors patient buyers with significant capital who can withstand lengthy due diligence periods and negotiate below-ask transactions. Sellers with immediate liquidity needs face unfavorable conditions given the 137.5-day average absorption and absence of bidding pressure. The market poorly serves investors seeking quick flips or properties with competing offers, as the data shows a decisively buyer-controlled environment despite premium pricing levels.
The PropIQ score of 64 signals caution, reflecting concerns about price sustainability and market depth. The 483.5% appreciation appears unsustainable without corresponding demand indicators—no above-ask sales and extended DOM suggest prices have outpaced buyer willingness. Monitor monthly sales volume and DOM trends closely; if days-on-market extends beyond 150 or price cuts accelerate, expect downward price correction in subsequent quarters.
What is the median home price in 38567 Nashville?
The median sale price in 38567 is $1.14M, up +483.5% year-over-year as of 2026-02-28.
How long do homes stay on the market in Nashville 38567?
Homes in 38567 Nashville spend an average of 138 days on market before going under contract.
Is Nashville 38567 a good place to invest in real estate?
Folio's PropIQ™ score for 38567 is 64/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 64 mean for 38567?
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 64 = Caution in 38567 Nashville, Tennessee.