Correct proper right here Are The 25 Most Costly ZIP Codes In Tennessee, Primarily based completely On Zillow Data
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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 preferred to level out now to a particular state all through the U.S. South — Tennessee.
Tennessee seen some explosive development in house values over the past 5 years. Whereas this was a typical development all by way of 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, primarily based completely on the most recent knowledge from Zillow’s house value index.
The Most Costly ZIP Codes In Tennessee
Utilizing knowledge from Zillow’s house value index, we analyzed tens of an entire bunch of ZIP codes all by way of America as a choice to assemble our pointers of the very best 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 usual of 12 months of median house values from January 2024 to December 2024.
Some very clear patterns emerge from this evaluation. Virtually the whole costliest ZIP codes in Tennessee are contained all by way of 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 loads of cities, very similar to School Grove, Arno, and Bethesda. The ZIP code consists of the Troubadour Golf and Self-discipline Membership. The median family earnings in ZIP code 37046 is $162,712 and the point out family earnings is $239,336. Like ZIP codes all by way of the U.S. South, house values on this Tennessee ZIP code actually 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 side. ZIP code 37014 is centered on Arrington and extends east to Almaville. This ZIP code is south of Nashville, although nearer to 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 earnings in 37014 is $104,938, whereas the usual family earnings is $197,098. A lot of third of households in ZIP code 37014 earn $200,000 or additional per yr. The median house value, as soon as extra in December 2019, was $664,872, which was dear on the time. After 5 years, although, the median house value soared by 78.4%, to achieve 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 additional per yr. The median family earnings correct proper right here is $156,002. The point out family earnings is manner greater, at $231,057. Residence value development in 37027 has been big. 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 slightly below $1.134 million.
The fourth costliest ZIP code is southwest of downtown Nashville, defending Forest Hills. ZIP code 37215 consists of pretty just some communities, very 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 earnings is $151,156 and the usual $226,979. Residence 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 additional a yr. The median family earnings is $195,063, whereas the usual family earnings is method greater, at $305,525. Residence 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.