Correct proper right here Are The 25 Most Dear ZIP Codes In Tennessee, Based mostly completely On Zillow Info
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In latest evaluation, we analyzed and decided the costliest ZIP codes in a bunch of Southern states, together with Louisiana, Mississippi, Arkansas, Virginia, and North Carolina. We needed to point now to a singular state contained in the U.S. South — Tennessee.
Tennessee seen some explosive progress in house values over the previous 5 years. Whereas this was an ordinary progress all via 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, based completely on the most recent information from Zillow’s house worth index.
The Most Dear ZIP Codes In Tennessee
Utilizing information from Zillow’s house worth index, we analyzed tens of a lot of of ZIP codes all via America as a choice to assemble our tips of the very best 25 most costly 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. Virtually all the most costly ZIP codes in Tennessee are contained all via the Nashville metropolitan home; that talked about, the Nashville metro home is massive. Under are the 25 most costly ZIP codes in Tennessee.
The Prime 5 Most Dear 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, 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 via 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 robust 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 under no circumstances surprisingly, the second most costly 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 town than the No. 1 most costly 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 on a regular basis family earnings is $197,098. Various third of households in ZIP code 37014 earn $200,000 or extra per yr. The median house worth, as soon as extra in December 2019, was $664,872, which was costly on the time. After 5 years, although, the median house worth soared by 78.4%, to comprehend increased 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 under no circumstances 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 extra per yr. The median family earnings correct proper right here is $156,002. The point out family earnings is far greater, at $231,057. Dwelling worth progress in 37027 has been large. 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 barely under $1.134 million.
The fourth most costly ZIP code is southwest of downtown Nashville, defending Forest Hills. ZIP code 37215 consists of pretty only a few communities, very similar to Burton Hills, Burton Valley, Hounds Run, Otter Creek, Inexperienced Hills, and Castleman-Hobbs. Bigger than two-fifths of households correct proper right here earn $200,000 or extra 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 opposite 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 increased 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. Nearly half of households (47.3%) earn $200,000 or extra a yr. The median family earnings is $195,063, whereas the on a regular basis family earnings is method greater, 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.