Correct proper right here Are The 25 Most Costly ZIP Codes In Tennessee, Based mostly On Zillow Information
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In latest evaluation, we analyzed and decided the costliest ZIP codes in a gaggle of Southern states, together with Louisiana, Mississippi, Arkansas, Virginia, and North Carolina. We wished to point now to a singular state all through the U.S. South — Tennessee.
Tennessee noticed some explosive development in dwelling values over the previous 5 years. Whereas this was a regular development all by means of the nation, the house worth appreciation in Tennessee housing markets has been distinctive. Research on to hunt out out the costliest ZIP codes in Tennessee in 2024, primarily based completely on the most recent knowledge from Zillow’s dwelling worth index.
The Most Costly ZIP Codes In Tennessee
Utilizing knowledge from Zillow’s dwelling worth index, we analyzed tens of an entire lot of ZIP codes all by means of America as a strategy to assemble our pointers of the perfect 25 costliest ZIP codes in Tennessee. As a part of our evaluation, we took into consideration the most recent month-to-month dwelling values Zillow has — December 2024 — together with the on a regular basis of 12 months of median dwelling values from January 2024 to December 2024.
Some very clear patterns emerge from this evaluation. Virtually your complete costliest ZIP codes in Tennessee are contained all by means of the Nashville metropolitan home; that talked about, the Nashville metro home is giant. 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 numerous cities, identical 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 recommend family revenue is $239,336. Like ZIP codes all by means of the U.S. South, dwelling values on this Tennessee ZIP code actually took off. From a median of $709,135 in December 2019, dwelling values rose by a strong 68.5% over the subsequent 5 years, reaching correctly over $1.194 million. Over merely the final word yr, the median dwelling worth elevated by 4.5%.
Conveniently, and not at all surprisingly, the second costliest ZIP code in Tennessee borders the primary on its north facet. 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 beneath 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 dwelling worth, as soon as extra in December 2019, was $664,872, which was costly on the time. After 5 years, although, the median dwelling worth soared by 78.4%, to appreciate larger 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 not at all 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 recommend family revenue is way greater, at $231,057. House worth development in 37027 has been large. As soon as extra in December 2019, the median dwelling worth 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 slightly below $1.134 million.
The fourth costliest ZIP code is southwest of downtown Nashville, defending Forest Hills. ZIP code 37215 consists of pretty a few communities, identical 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 smart contemplating the median family revenue is $151,156 and the on a regular basis $226,979. House worth 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 dwelling worth of $678,578 in December 2019, it reached larger than $1.108 million in December 2024.
The No. 5 costliest ZIP code in Tennessee is 37350, which covers Lookout Mountain, an excellent suburb of Chattanooga, southwest of that metropolis. Just about 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 strategy greater, at $305,525. House worth appreciation in 37350 has been startling. From a median of $566,589 in December 2019, dwelling values climbed by 73.4%, and now stands at $982,577.