37018, Beechgrove, TN

The 37018 zip code of Beechgrove, TN is located in the Nashville metropolitan area. The median home value in this zip code is $269,000. The home equity index for this zip code is 95.7%. This means that the homes in this zip code are worth 95% more than what it would cost to buy them outright. Additionally, the average home price appreciation rate for homes in this zip code is 2.4%. This means that over the past year, homes in this zip code have increased by 2.4% on average.

There are a number of factors that may contribute to the high home values and home equity index in the 37018 zip code of Beechgrove, TN. One reason may be that there are a lot of affluent families living in this area. Another reason may be that there are a lot of new homes being built in this area, which may increase demand for property and lead to higher prices. Additionally, Beechgrove is located near some of Nashville's most prestigious neighborhoods such as Belmont Hills and Green Hills, which may also contribute to high home values and home equity indexes.