37208 — Davidson County, Tennessee Market Snapshot
Housing market data for zip code 37208 in Davidson County, Tennessee. Updated monthly with median prices, days on market, and more.
Market Sales Data
84 sales in 2026 (year to date)
Median Sale Price
$537,500
Days to Sell
89
Homes Sold
84
Inventory
254
Sale-to-List
96.4%
New Listings
202
Price/SqFt
$336
Pending Sales
82
Conforming Loan Available
Most homebuyers in 37208 can comfortably use conventional financing. The median home price of $537,500 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 89 days on average, 37208 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
The average home in 37208 sells for 3.6% below asking price (96.4% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 37208 can comfortably use conventional financing. The median home price of $537,500 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 37208 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 37208
To purchase the median home at $537,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,268.
Monthly Payment
$4,268
Income Required
$182,921
Principal & Interest
$3,312/mo
Down Payment (5%)
$26,875
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 37208.
Estimated Monthly Payment
$3,476
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