Correct proper right here Are The 25 Most Costly ZIP Codes In Tennessee, Primarily based On Zillow Knowledge
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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’d have preferred to point now to a singular state contained in the U.S. South — Tennessee.
Tennessee noticed some explosive development in dwelling values during the last 5 years. Whereas this was a typical development all by the nation, the house worth appreciation in Tennessee housing markets has been distinctive. Be taught on to hunt out out the costliest ZIP codes in Tennessee in 2024, based totally completely on the newest information from Zillow’s dwelling worth index.
The Most Costly ZIP Codes In Tennessee
Utilizing information from Zillow’s dwelling worth index, we analyzed tens of a lot of of ZIP codes all by America as a method to assemble our tips of the very best 25 costliest ZIP codes in Tennessee. As a part of our evaluation, we took into consideration the newest 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 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 fairly just a few cities, similar to College 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, dwelling values on this Tennessee ZIP code actually took off. From a median of $709,135 in December 2019, dwelling values rose by a robust 68.5% over the next 5 years, reaching correctly over $1.194 million. Over merely the final word yr, the median dwelling worth elevated by 4.5%.
Conveniently, and certainly not 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 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 lot of third of households in ZIP code 37014 earn $200,000 or additional 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 comprehend higher 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 certainly not 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 additional per yr. The median family revenue correct proper right here is $156,002. The point out family revenue is manner larger, 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 just below $1.134 million.
The fourth costliest ZIP code is southwest of downtown Nashville, defending Forest Hills. ZIP code 37215 consists of pretty quite a few communities, similar to Burton Hills, Burton Valley, Hounds Run, Otter Creek, Inexperienced Hills, and Castleman-Hobbs. Larger than two-fifths of households correct proper right here earn $200,000 or additional per yr, which is sensible 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 nearly 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 higher 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. Just about half of households (47.3%) earn $200,000 or additional a yr. The median family revenue is $195,063, whereas the on a regular basis family revenue is method larger, 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.