The housing market in 37216 Nashville, TN is booming. According to my data, the median value of a house in this area is $469,200, which is much higher than the US median house value of $338,100. Furthermore, the 1 year appreciation rate for houses in 37216 Nashville is 18.68%, more than double the US 1 year appreciation rate of 8.27%. This makes 37216 Nashville an attractive choice for potential homeowners and investors alike.
The median home cost in Nashville (zip 37216) is $469,200. Home appreciation the last 10 years has been 186.6%. Home Appreciation in Nashville (zip 37216) is up 24.4%.
Average Age of Homes
- The median age of Nashville (zip 37216) real estate is 60 years old
The Rental Market in Nashville (zip 37216)
- Renters make up 32.9% of the Nashville (zip 37216) population
- 1.7% of houses and apartments in Nashville (zip 37216), 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.