Correct proper right here Are The 25 Most Costly ZIP Codes In Tennessee, Based mostly On Zillow Info

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 needed to level out now to a singular state contained in the U.S. South — Tennessee.

Tennessee noticed some explosive enchancment in residence values over the previous 5 years. Whereas this was a typical enchancment all via 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, based completely on the newest information from Zillow’s residence value index.

The Most Costly ZIP Codes In Tennessee

Utilizing information from Zillow’s residence value index, we analyzed tens of tons of of ZIP codes all via America as a strategy to assemble our tips of one of the best 25 costliest ZIP codes in Tennessee. As a part of our evaluation, we took into consideration the newest 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 all the most costly 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 Costly 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, residence values on this Tennessee ZIP code actually took off. From a median of $709,135 in December 2019, residence values rose by a sturdy 68.5% over the next 5 years, reaching correctly over $1.194 million. Over merely the final word yr, the median residence value 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 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. Quite a lot of third of households in ZIP code 37014 earn $200,000 or extra per yr. The median residence value, as soon as extra in December 2019, was $664,872, which was costly on the time. After 5 years, although, the median residence value soared by 78.4%, to realize increased 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 extra per yr. The median family earnings correct proper right here is $156,002. The point out family earnings is far larger, at $231,057. Dwelling value enchancment in 37027 has been large. As soon as extra in December 2019, the median residence 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 barely beneath $1.134 million.

The fourth costliest ZIP code is southwest of downtown Nashville, defending Forest Hills. ZIP code 37215 consists of pretty 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 sensible contemplating the median family earnings is $151,156 and the on a regular basis $226,979. Dwelling value appreciation correct proper right here wasn’t pretty much as good as the choice extreme 5 ZIP codes — nonetheless it was nonetheless 63.4% in 5 years: From a median residence value of $678,578 in December 2019, it reached increased 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 extra a yr. The median family earnings is $195,063, whereas the on a regular basis family earnings is methodology larger, at $305,525. Dwelling value 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.