Nashville, TN is an increasingly popular city and it is no surprise that the median value of housing in the area code 37201 is $509,100. This is a full $171,000 more than the US House Median Value of $338,100. Additionally, the House 1 year appreciation in 37201 Nashville, TN is 18.68%, much higher than the US rate of 8.27%. This indicates that Nashville's property market has been appreciating at a rapid pace and shows no signs of slowing down anytime soon.
The median home cost in Nashville (zip 37201) is $509,100. Home appreciation the last 10 years has been 186.6%. Home Appreciation in Nashville (zip 37201) is up 24.4%.
Average Age of Homes
- The median age of Nashville (zip 37201) real estate is 31 years old
The Rental Market in Nashville (zip 37201)
- Renters make up 45.8% of the Nashville (zip 37201) population
- 8.3% of houses and apartments in Nashville (zip 37201), 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.