38079, Tiptonville, TN

The 38079 zip code of Tiptonville, TN is located in Williamson County and has a population of approximately 10,000. The median household income in this zip code is $60,000 and the median family income is $70,000. The home equity and home prices in this zip code are both relatively high compared to other areas of the country.

The average home value in the 38079 zip code is $160,000. This is significantly higher than the national average of $130,000. The reason for this high value may be due to the close proximity to Nashville and Memphis, as well as the availability of quality homes in this area. Additionally, Tiptonville is a growing community that has seen an increase in home values over the past few years.

There are currently 553 homes for sale in the 38079 zip code. This number is lower than the 602 homes for sale that were listed at the same time last year but it still represents a healthy market for buyers. There are also 161 condos available for purchase in this area which indicates that there are plenty of options available when it comes to purchasing a home.

When it comes to buying a home in Tiptonville, buyers should be aware that there are some restrictions on how much money they can borrow against their home equity. In order to qualify for a mortgage with a down payment below 20%, borrowers must have at least 80% of their total purchase price saved up prior to applying for a loan. Additionally, borrowers must have good credit ratings and meet certain other requirements such as having no outstanding debt from within six months prior to applying for a mortgage with down payment assistance from their lender