Zip 37218 (Nashville, TN) Housing

The housing market in 37218 Nashville, TN is thriving. The median value of a home in this area is $310,800, which is significantly lower than the US house median value of $338,100. However, the 1 year house appreciation rate in 37218 Nashville is 18.68%, which is much higher than the US 1 year house appreciation rate of 8.27%. This data indicates that the housing market in 37218 Nashville has been doing very well over the past year and that homes are appreciating rapidly.

The median home cost in Nashville (zip 37218) is $310,800. Home appreciation the last 10 years has been 186.6%. Home Appreciation in Nashville (zip 37218) is up 24.4%.

Average Age of Homes

- The median age of Nashville (zip 37218) real estate is 47 years old

The Rental Market in Nashville (zip 37218)

- Renters make up 28.0% of the Nashville (zip 37218) population
- 1.9% of houses and apartments in Nashville (zip 37218), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Nashville, Tennessee	United States
	6,421.0	139,647,020.0
	47	42
	$310,800	$338,100
	24.4%	16.6%
	77.4%	57.0%
	186.6%	101.1%
	$6.43	$10.98
	$1,349	$2,690
	59.4%	57.4%
	8.5%	11.2%
	32.1%	31.4%
Vacant Housing
	1.9%	1.9%
	0.0%	0.4%
	1.0%	0.7%
	0.4%	0.4%
	0.6%	3.6%
	4.5%	4.1%
Value of Owner-Occupied Housing
	2.8%	2.6%
	1.3%	2.4%
	1.7%	2.8%
	4.0%	3.9%
	3.8%	4.5%
	8.9%	11.3%
	24.7%	13.0%
	31.7%	20.1%
	12.4%	13.6%
	6.8%	8.3%
	0.7%	9.7%
	0.6%	3.9%
	0.0%	2.2%
	0.1%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	9.1%	13.6%
	9.1%	13.6%
	4.6%	13.6%
	12.9%	13.2%
	27.0%	14.8%
	4.6%	13.6%
	12.4%	10.0%
	6.4%	4.7%
	3.5%	12.2%

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