37366, Pelham, TN

The 37366 zip code of Pelham, TN has a population of around 16,000 and is located in the Nashville metropolitan area. The median household income in this zip code is $86,000 and the median home value is $225,000. Home equity in this zip code has increased significantly over the past few years and now stands at around $280,000 on average. This increase can be attributed to strong job growth in the Nashville area as well as low interest rates.

The average price of a home in this zip code increased by approximately 21% between 2013 and 2017. This trend is likely to continue as more people are able to afford homes in Pelham due to rising incomes and increasing home values. In addition, there is strong demand for housing due to growing populations and an influx of new businesses into the area. As a result, Pelham homeowners can expect their home equity values to continue increasing over the next few years.