The housing market in 37221 Nashville, TN is currently thriving. The median value of a home is $450,000, which is significantly higher than the US median value of $338,100. Over the past year the appreciation rate for homes in this area has been 18.68%, which is far above the US average of 8.27%. This suggests that demand for housing in this area is higher than most other locations across the country and may be a good investment choice if you’re looking to get into the real estate market.
The median home cost in Nashville (zip 37221) is $450,000. Home appreciation the last 10 years has been 186.6%. Home Appreciation in Nashville (zip 37221) is up 24.4%.
Average Age of Homes
- The median age of Nashville (zip 37221) real estate is 28 years old
The Rental Market in Nashville (zip 37221)
- Renters make up 30.2% of the Nashville (zip 37221) population
- 2.3% of houses and apartments in Nashville (zip 37221), 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.