37128 — Rutherford County, Tennessee Market Snapshot
Housing market data for zip code 37128 in Rutherford County, Tennessee. Updated monthly with median prices, days on market, and more.
Market Sales Data
262 sales in 2026 (year to date)
Median Sale Price
$450,000
Days to Sell
59
Homes Sold
262
Inventory
299
Sale-to-List
98.9%
New Listings
322
Price/SqFt
$226
Pending Sales
289
Conforming Loan Available
Most homebuyers in 37128 can comfortably use conventional financing. The median home price of $450,000 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
37128's market is balanced with homes taking an average of 59 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 37128 (98.9% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 37128 can comfortably use conventional financing. The median home price of $450,000 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 37128 are set at the county level.
2026 Loan Limits — Rutherford 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 37128
To purchase the median home at $450,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,598.
Monthly Payment
$3,598
Income Required
$154,190
Principal & Interest
$2,773/mo
Down Payment (5%)
$22,500
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 37128.
Estimated Monthly Payment
$2,935
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