37719, Coalfield, TN

The 37719 zip code in Coalfield, Tennessee is home to a population of about 10,000 people. The median household income in this zip code is $41,000, and the median home value is $128,000. The average mortgage payment on a home in this zip code is $1,521 per month.

There are a number of factors that contribute to the high home values in the 37719 zip code. First and foremost, Coalfield is located in an affluent area of Tennessee. Second, there are a large number of homes that have been newly built or renovated within the past few years. Finally, there has been an increase in demand for housing within this zip code due to its proximity to Nashville and other major cities.

Despite these positive factors, there are some challenges facing homeowners in the 37719 zip code. One issue is that interest rates have remained relatively low for much of the past several years, which has made it difficult for many people to afford a mortgage on a new or existing home. Additionally, there has been an increase in foreclosures within this area over the past few years, which has led to decreased demand for homes and reduced prices overall.