37115, Madison, TN

Home Equity in the 37115 Zip Code of Madison, TN

The average home equity in the 37115 zip code of Madison, TN is $191,000. This means that on average, homeowners in this zip code have more than 20% of their home's value left after paying off all debts and other obligations.

Home Prices in the 37115 Zip Code of Madison, TN

The average home price in the 37115 zip code of Madison, TN is $128,000. This means that on average, homeowners in this zip code are able to purchase a home for around 80% of its original value.

There are a number of factors that can affect home prices in any given area. In the case of the 37115 zip code of Madison, TN, there are a few key reasons why prices here are relatively high:

-The population density here is high (meaning there are a lot of people looking to buy or sell homes),

-There is plenty of available land (due to its rural location), and

-The economy has been strong recently (meaning there is less competition for homes).