Correct proper right here Are The 25 Most Costly ZIP Codes In Tennessee, Based mostly completely On Zillow Information

In latest evaluation, we analyzed and decided the costliest ZIP codes in a set of Southern states, together with Louisiana, Mississippi, Arkansas, Virginia, and North Carolina. We might have favored to point now to a singular state contained in the U.S. South — Tennessee.

Tennessee noticed some explosive enchancment in house values over the past 5 years. Whereas this was a typical enchancment all by the nation, the house value appreciation in Tennessee housing markets has been distinctive. Be taught on to hunt out out the costliest ZIP codes in Tennessee in 2024, based completely on the most recent data from Zillow’s house value index.

The Most Costly ZIP Codes In Tennessee

Utilizing data from Zillow’s house value index, we analyzed tens of tons of of ZIP codes all by America as an answer to assemble our tips of the easiest 25 costliest ZIP codes in Tennessee. As a part of our evaluation, we took into consideration the most recent month-to-month house values Zillow has — December 2024 — together with the on a regular basis of 12 months of median house values from January 2024 to December 2024.

Some very clear patterns emerge from this evaluation. Nearly all the most costly ZIP codes in Tennessee are contained all by the Nashville metropolitan home; that talked about, the Nashville metro home is massive. Beneath are the 25 costliest ZIP codes in Tennessee.

The Prime 5 Most Costly ZIP Codes In Tennessee

ZIP code 37046 is the costliest one in Tennessee. It’s south of Nashville and covers quite a lot of cities, similar to School Grove, Arno, and Bethesda. The ZIP code consists of the Troubadour Golf and Self-discipline Membership. The median family revenue in ZIP code 37046 is $162,712 and the point out family revenue is $239,336. Like ZIP codes all by the U.S. South, house values on this Tennessee ZIP code really took off. From a median of $709,135 in December 2019, house values rose by a powerful 68.5% over the following 5 years, reaching correctly over $1.194 million. Over merely the final word yr, the median house value elevated by 4.5%.

Conveniently, and in no way surprisingly, the second costliest ZIP code in Tennessee borders the primary on its north aspect. ZIP code 37014 is centered on Arrington and extends east to Almaville. This ZIP code is south of Nashville, although nearer to the town than the No. 1 costliest ZIP code. Incomes listed below are excessive nonetheless not as excessive as in ZIP code 37046. The median family revenue in 37014 is $104,938, whereas the on a regular basis family revenue is $197,098. Quite a few third of households in ZIP code 37014 earn $200,000 or further per yr. The median house value, as soon as extra in December 2019, was $664,872, which was expensive on the time. After 5 years, although, the median house value soared by 78.4%, to realize bigger than $1.186 million in December 2024.

The third costliest ZIP code — 37027 — is centered on Brentwood, furthermore south of Nashville. That is the third, and in no way remotely the final word, costliest ZIP code that covers a part of the Nashville suburbs. The incomes in ZIP code 37027 are excessive, with 38.6% of households incomes $200,000 or further per yr. The median family revenue correct proper right here is $156,002. The point out family revenue is far larger, at $231,057. House value enchancment in 37027 has been large. As soon as extra in December 2019, the median house value was $650,246. By December 2024, the median had risen by 74.4%, and over merely the final word yr, by 5.7%. IT now stands at barely under $1.134 million.

The fourth costliest ZIP code is southwest of downtown Nashville, defending Forest Hills. ZIP code 37215 consists of pretty various communities, similar to Burton Hills, Burton Valley, Hounds Run, Otter Creek, Inexperienced Hills, and Castleman-Hobbs. Higher than two-fifths of households correct proper right here earn $200,000 or further per yr, which is wise contemplating the median family revenue is $151,156 and the on a regular basis $226,979. House value appreciation correct proper right here wasn’t pretty much as good as the opposite extreme 5 ZIP codes — nonetheless it was nonetheless 63.4% in 5 years: From a median house value of $678,578 in December 2019, it reached bigger than $1.108 million in December 2024.

The No. 5 costliest ZIP code in Tennessee is 37350, which covers Lookout Mountain, a extraordinarily good suburb of Chattanooga, southwest of that metropolis. Nearly half of households (47.3%) earn $200,000 or further a yr. The median family revenue is $195,063, whereas the on a regular basis family revenue is technique larger, at $305,525. House value appreciation in 37350 has been startling. From a median of $566,589 in December 2019, house values climbed by 73.4%, and now stands at $982,577.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *