Correct proper right here Are The 25 Most Expensive ZIP Codes In Tennessee, Based mostly 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’d have preferred to point now to a definite state contained in the U.S. South — Tennessee.
Tennessee seen some explosive progress in residence values over the past 5 years. Whereas this was a typical 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, primarily based completely on the most recent information from Zillow’s residence worth index.
The Most Expensive ZIP Codes In Tennessee
Utilizing information from Zillow’s residence worth index, we analyzed tens of a lot of of ZIP codes all via America as a technique to assemble our pointers of the easiest 25 costliest ZIP codes in Tennessee. As a part of our evaluation, we took into consideration the most recent month-to-month residence values Zillow has — December 2024 — together with the on a regular basis of 12 months of median residence 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 via the Nashville metropolitan home; that talked about, the Nashville metro home is large. Beneath are the 25 costliest ZIP codes in Tennessee.
The Prime 5 Most Expensive ZIP Codes In Tennessee
ZIP code 37046 is the costliest one in Tennessee. It’s south of Nashville and covers numerous cities, similar 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 point out family revenue is $239,336. Like ZIP codes all via the U.S. South, residence values on this Tennessee ZIP code actually took off. From a median of $709,135 in December 2019, residence 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 residence worth elevated by 4.5%.
Conveniently, and in no way 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 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. A lot of third of households in ZIP code 37014 earn $200,000 or additional per yr. The median residence worth, as soon as extra in December 2019, was $664,872, which was dear on the time. After 5 years, although, the median residence worth soared by 78.4%, to comprehend greater 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 revenue correct proper right here is $156,002. The point out family revenue is method larger, at $231,057. Residence worth progress in 37027 has been large. As soon as extra in December 2019, the median residence 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 a lot of communities, similar 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 additional per yr, which is wise contemplating the median family revenue is $151,156 and the on a regular basis $226,979. Residence 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 residence worth of $678,578 in December 2019, it reached greater 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. Nearly 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. Residence worth appreciation in 37350 has been startling. From a median of $566,589 in December 2019, residence values climbed by 73.4%, and now stands at $982,577.