The housing market in 37205 Nashville, TN is booming. The median value of homes in this area is an impressive $913,300 which is much higher than the US median value of $338,100. Furthermore, the 1 year house appreciation rate in 37205 Nashville, TN is significantly higher than the national average at 18.68%, compared to only 8.27% throughout the US as a whole. This makes it an attractive area for both investors and home buyers alike.
The median home cost in Nashville (zip 37205) is $913,300. Home appreciation the last 10 years has been 186.6%. Home Appreciation in Nashville (zip 37205) is up 24.4%.
Average Age of Homes
- The median age of Nashville (zip 37205) real estate is 52 years old
The Rental Market in Nashville (zip 37205)
- Renters make up 26.1% of the Nashville (zip 37205) population
- 1.6% of houses and apartments in Nashville (zip 37205), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.