37716, Clinton, TN

The 37716 zip code of Clinton, TN has a median home value of $119,000 and a median home equity of $87,000. This is significantly lower than the national median home value of $217,500 and median home equity of $142,700. The reason for this discrepancy is likely due to the fact that Clinton is located in a rural area with few job opportunities. Additionally, Clinton has experienced significant population decline over the past several years which has led to reduced demand for homes and property values.

Despite these challenges, there are still some homeowners in the 37716 zip code who are benefiting from rising home prices. For example, one homeowner purchased their home in 2006 for just under $100K and now it is worth over $200K. Similarly, another homeowner purchased their home in 2009 for just under $100K and now it is worth over $200K as well. These homeowners are likely benefiting from both rising prices within Clinton as well as nationwide trends that have seen increasing values across all markets.

Overall, while the 37716 zip code of Clinton may not be experiencing the same levels of growth as other areas within Tennessee or across the United States, there are still some homeowners who are benefiting from rising prices. If you are considering purchasing a property in this area be sure to do your research to see if prices have increased significantly since you last looked or if there are any current opportunities available that would allow you to purchase a property at a lower price point.