37221 — Davidson County, Tennessee Market Snapshot
Housing market data for zip code 37221 in Davidson County, Tennessee. Updated monthly with median prices, days on market, and more.
Market Sales Data
128 sales in 2026 (year to date)
Median Sale Price
$655,000
Days to Sell
44
Homes Sold
128
Inventory
165
Sale-to-List
98.6%
New Listings
208
Price/SqFt
$263
Pending Sales
160
Conforming Loan Available
Most homebuyers in 37221 can comfortably use conventional financing. The median home price of $655,000 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
37221's market is balanced with homes taking an average of 44 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 37221 (98.6% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 37221 can comfortably use conventional financing. The median home price of $655,000 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 37221 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 37221
To purchase the median home at $655,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,168.
Monthly Payment
$5,168
Income Required
$221,503
Principal & Interest
$4,036/mo
Down Payment (5%)
$32,750
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 37221.
Estimated Monthly Payment
$4,204
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 37221. Tell us what you're looking for.