37185, Waverly, TN

The 37185 zip code of Waverly, TN has a median home value of $119,000 and a median home equity of $101,000. This is significantly lower than the national median home value of $217,500 and the national median home equity of $142,000. There are several factors that may contribute to this discrepancy. First, the population in this zip code is relatively young and has low levels of education. Second, there is a high level of unemployment in this area which may lead to less money available for housing purchases. Finally, there is a significant amount of subprime lending activity in this area which may have contributed to the decreased values.