37189 — Davidson County, Tennessee Market Snapshot
Housing market data for zip code 37189 in Davidson County, Tennessee. Updated monthly with median prices, days on market, and more.
Market Sales Data
11 sales in 2026 (year to date)
Median Sale Price
$476,900
Days to Sell
126
Homes Sold
11
Inventory
21
Sale-to-List
98.9%
New Listings
20
Price/SqFt
$244
Pending Sales
13
Conforming Loan Available
Most homebuyers in 37189 can comfortably use conventional financing. The median home price of $476,900 is well below the 2026 conforming loan limit of $1,029,250, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 126 days on average, 37189 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 37189 (98.9% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 37189 can comfortably use conventional financing. The median home price of $476,900 is well below the 2026 conforming loan limit of $1,029,250, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 37189 are set at the county level.
2026 Loan Limits — Davidson County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $1,029,250 | $1,029,250 |
| 2 Units | $1,317,650 | $1,317,650 |
| 3 Units | $1,592,700 | $1,592,700 |
| 4 Units | $1,979,350 | $1,979,350 |
Affordability Snapshot — Zip 37189
To purchase the median home at $476,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,804.
Monthly Payment
$3,804
Income Required
$163,023
Principal & Interest
$2,939/mo
Down Payment (5%)
$23,845
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 37189.
Estimated Monthly Payment
$3,101
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