Correct proper right here Are The 25 Most Costly ZIP Codes In Tennessee, Primarily based completely 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’d have appreciated to point now to a particular state contained in the U.S. South — Tennessee.
Tennessee seen some explosive development in house values over the previous 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, primarily based completely on the newest knowledge from Zillow’s house worth index.
The Most Costly ZIP Codes In Tennessee
Utilizing knowledge from Zillow’s house worth index, we analyzed tens of a complete bunch of ZIP codes all by America as a method to assemble our tips of the easiest 25 most costly ZIP codes in Tennessee. As a part of our evaluation, we took into consideration the newest 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. Virtually all the most costly ZIP codes in Tennessee are contained all by the Nashville metropolitan space; that talked about, the Nashville metro space is massive. Under are the 25 most costly 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 Faculty 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 recommend family earnings is $239,336. Like ZIP codes all by 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 next 5 years, reaching correctly over $1.194 million. Over merely the final word yr, the median house worth elevated by 4.5%.
Conveniently, and on no account surprisingly, the second most costly 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 the town than the No. 1 most costly ZIP code. Incomes listed below are excessive nonetheless not as excessive as in ZIP code 37046. The median family earnings in 37014 is $104,938, whereas the on a regular basis family earnings is $197,098. Numerous third of households in ZIP code 37014 earn $200,000 or further per yr. The median house worth, as soon as extra in December 2019, was $664,872, which was expensive on the time. After 5 years, although, the median house worth soared by 78.4%, to understand higher than $1.186 million in December 2024.
The third most costly ZIP code — 37027 — is centered on Brentwood, furthermore south of Nashville. That is the third, and on no account remotely the final word, most costly 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 earnings correct proper right here is $156,002. The recommend family earnings is way larger, at $231,057. Dwelling worth development in 37027 has been huge. As soon as extra in December 2019, the median house 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 most costly ZIP code is southwest of downtown Nashville, defending Forest Hills. ZIP code 37215 consists of pretty just some communities, similar to Burton Hills, Burton Valley, Hounds Run, Otter Creek, Inexperienced Hills, and Castleman-Hobbs. Greater than two-fifths of households correct proper right here earn $200,000 or further per yr, which is smart contemplating the median family earnings is $151,156 and the on a regular basis $226,979. Dwelling worth appreciation correct proper right here wasn’t nearly as good as the choice extreme 5 ZIP codes — nonetheless it was nonetheless 63.4% in 5 years: From a median house worth of $678,578 in December 2019, it reached higher than $1.108 million in December 2024.
The No. 5 most costly 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 earnings is $195,063, whereas the on a regular basis family earnings is methodology larger, at $305,525. Dwelling worth 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.