37025, Bon Aqua, TN

The 37025 zip code of Bon Aqua, TN has a median home value of $128,000 and a median home equity value of $101,000. The 37025 zip code ranks #1 in the state of Tennessee for both home values. The 37025 zip code also ranks #1 in the state for home equity values.

There are several factors that contribute to the high home values in the 37025 zip code of Bon Aqua, TN. One factor is that the area is affluent and has a high rate of homeownership. Another factor is that there are few homes available for sale in this area, which drives up prices. Finally, the area is well-maintained and has low crime rates, which contributes to high home values.

Homeownership is an important factor in driving up home values. In the 37025 zip code of Bon Aqua, TN, there are a high number of homeowners (83%) compared to other areas in Tennessee. This high rate of homeownership helps to drive up prices because it limits competition for homes and limits potential buyers who may be interested in purchasing a house in this area. Additionally, well-maintained neighborhoods with low crime rates also contribute to higher home values by attracting buyers who want safe neighborhoods to live in.