Home Values

37172 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$124,000

  • 3.1% 1-year change
  • 3.0% 1-year forecast

Market temperature 

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cold
Buyers' Market
Sellers' Market

The median home value in 37172 is $124,000. 37172 home values have gone up 3.1% over the past year and Zillow predicts they will rise 3.0% within the next year. The median rent price in 37172 is $759, which is lower than the Nashville Metro median of $1,400.

Foreclosures will be a factor impacting home values in the next several years. In 37172 3.0 homes are foreclosed (per 10,000). This is lower than the Nashville Metro value of 4.0 and also lower than the national value of 3.5

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 37172 homeowners underwater on their mortgage is 14.5%, which is higher than Nashville Metro at 9.9%.

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Relative ZHVI
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37172 Market Overview

Data through May 31, 2015
  • $124,000 ZHVI
  • 3.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • $131,969 Median sale price
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37172 Market Health

Data through May 31, 2015
  • No recent data Healthy
  • No data Average days on Zillow
  • 14.5% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

3 37172
4 Nashville Metro
4 United States
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Nearby Zip Codes

Name Median ZHVI
37010 $198,300
37146 $165,100
37072 $158,200
Name Median ZHVI
37080 $155,700
37188 $154,000
37073 $135,600
Name Median ZHVI
37049 $126,200
37032 $122,300
37141 $118,300

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $86 Median sale price / sq ft
  • No data Listings with price cut
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37172 Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,017 37172
    $1,379 Nashville Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $759 Rent list price (Apr 30, 2015)
  • $0.75 Rent list price / sq ft (Apr 30, 2015)
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