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

In latest evaluation, we analyzed and decided the most expensive ZIP codes in a bunch of Southern states, together with Louisiana, Mississippi, Arkansas, Virginia, and North Carolina. We might have appreciated to point now to a particular state contained in the U.S. South — Tennessee.

Tennessee noticed some explosive enchancment in residence values over the past 5 years. Whereas this was a typical enchancment all via the nation, the house worth appreciation in Tennessee housing markets has been distinctive. Research on to hunt out out the most expensive ZIP codes in Tennessee in 2024, based totally completely on the newest data from Zillow’s residence worth index.

The Most Costly ZIP Codes In Tennessee

Utilizing data from Zillow’s residence worth index, we analyzed tens of an entire lot of ZIP codes all via America as a technique to assemble our pointers of the perfect 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. 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 huge. Beneath are the 25 costliest ZIP codes in Tennessee.

The Prime 5 Most Costly ZIP Codes In Tennessee

ZIP code 37046 is the most expensive one in Tennessee. It’s south of Nashville and covers loads of cities, identical to Faculty 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 really took off. From a median of $709,135 in December 2019, residence values rose by a sturdy 68.5% over the subsequent 5 years, reaching correctly over $1.194 million. Over merely the final word yr, the median residence worth elevated by 4.5%.

Conveniently, and under no circumstances surprisingly, the second costliest ZIP code in Tennessee borders the primary on its north facet. 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 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 additional per yr. The median residence worth, as soon as extra in December 2019, was $664,872, which was costly on the time. After 5 years, although, the median residence worth soared by 78.4%, to comprehend 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 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 additional per yr. The median family earnings correct proper right here is $156,002. The point out family earnings is manner greater, at $231,057. Residence worth enchancment in 37027 has been big. 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 slightly below $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, identical 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 sensible contemplating the median family earnings is $151,156 and the on a regular basis $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 residence worth 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. Nearly half of households (47.3%) earn $200,000 or additional a yr. The median family earnings is $195,063, whereas the on a regular basis family earnings is method greater, 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.