37306, Belvidere, TN

Belvidere is a small town in the 37306 zip code of Tennessee. The median home value in this zip code is $128,900, and the median home equity is $111,000. In Belvidere, there are currently 1,711 homes for sale. The average list price for these homes is $129,500.

The homeownership rate in this zip code is 71%, which is lower than the national homeownership rate of 78%. However, Belvidere's homeownership rate has been increasing over the past few years. In 2013, the homeownership rate was 68%. This indicates that there are more homes available for purchase and that more people are buying homes in Belvidere.

One factor that may be contributing to Belvidere's higher homeownership rate is its low unemployment rate. The unemployment rate in this zip code is 3%, which is lower than the national unemployment rate of 5%. Additionally, Belvidere has a below-average poverty level (14% compared to 17%). These factors may help attract families who want to buy a home but who are worried about finding a job or who cannot afford to live in an area with high poverty rates.

Another factor that may be contributing to Belvidere's high homeownership rate is its low foreclosure rates. In 2013, the foreclosure rate in this zip code was 0%, which was lower than the national foreclosure rate of 1%. This indicates that most homes in Belvidere are still owned by their original owners and have not been foreclosed on yet.