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 costliest ZIP codes in a gaggle of Southern states, together with Louisiana, Mississippi, Arkansas, Virginia, and North Carolina. We’d have favored to level out now to a particular state contained in the U.S. South — Tennessee.

Tennessee seen some explosive enchancment in residence values over the past 5 years. Whereas this was a typical enchancment all via the nation, the house value 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 residence value index.

The Most Costly ZIP Codes In Tennessee

Utilizing information from Zillow’s residence value index, we analyzed tens of an entire bunch of ZIP codes all via America as a technique to assemble our pointers of the most effective 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. Nearly all the most costly ZIP codes in Tennessee are contained all via the Nashville metropolitan space; that talked about, the Nashville metro space 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 costliest one in Tennessee. It’s south of Nashville and covers fairly a number of cities, identical 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 following 5 years, reaching correctly over $1.194 million. Over merely the last word yr, the median residence value elevated by 4.5%.

Conveniently, and on no account 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 underneath 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. 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 expensive on the time. After 5 years, although, the median residence value soared by 78.4%, to appreciate higher 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 on no account remotely the last 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 revenue correct proper right here is $156,002. The point out family revenue is means greater, at $231,057. Dwelling value enchancment in 37027 has been huge. 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 last word yr, by 5.7%. IT now stands at slightly below $1.134 million.

The fourth costliest ZIP code is southwest of downtown Nashville, defending Forest Hills. ZIP code 37215 consists of pretty only a few communities, identical 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 revenue 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 opposite 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 higher 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. Just about half of households (47.3%) earn $200,000 or extra a yr. The median family revenue is $195,063, whereas the on a regular basis family revenue is method greater, 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.