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

In latest evaluation, we analyzed and decided the most costly ZIP codes in a set of Southern states, together with Louisiana, Mississippi, Arkansas, Virginia, and North Carolina. We wished to level out now to a particular state contained in the U.S. South — Tennessee.

Tennessee seen some explosive enchancment in house values during the last 5 years. Whereas this was a typical enchancment all by the nation, the house worth appreciation in Tennessee housing markets has been distinctive. Be taught on to hunt out out the most costly ZIP codes in Tennessee in 2024, primarily based completely on the newest information from Zillow’s house worth index.

The Most Costly ZIP Codes In Tennessee

Utilizing information from Zillow’s house worth index, we analyzed tens of an entire lot of ZIP codes all by 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 newest 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 all the most costly ZIP codes in Tennessee are contained all by 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 most costly one in Tennessee. It’s south of Nashville and covers fairly a couple of cities, very similar to College 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 counsel family revenue is $239,336. Like ZIP codes all by 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 strong 68.5% over the subsequent 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 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 beneath are excessive nonetheless not as excessive as in ZIP code 37046. The median family revenue in 37014 is $104,938, whereas the usual family revenue is $197,098. A variety of 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 costly on the time. After 5 years, although, the median house worth soared by 78.4%, to appreciate 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 under no circumstances 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 further per yr. The median family revenue correct proper right here is $156,002. The counsel family revenue is means larger, at $231,057. Residence worth enchancment 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 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, 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 further per yr, which is sensible contemplating the median family revenue is $151,156 and the usual $226,979. Residence worth 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 house worth 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, an excellent suburb of Chattanooga, southwest of that metropolis. Nearly half of households (47.3%) earn $200,000 or further a yr. The median family revenue is $195,063, whereas the usual family revenue is means larger, at $305,525. Residence 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.