How much is a home worth in ZIP code 37027?

The typical home in 37027 is worth $1,231,819, based on the Zillow Home Value Index.

Are home values rising in 37027?

Home values in 37027 are up 1.5% over the past year, and up 8.8% a year over five years.

What is the typical rent in 37027?

A typical home in 37027 rents for about $2,232 a month, a gross rental yield of 2.2%.

What is the property tax rate in 37027?

The effective property tax rate in 37027 is 0.4% — roughly $5,081 a year on a typical home.

ZIP code 37027 has a population of 61,630 and a median household income of $154,578.

HousingHandbookReference data

…

U.S. ZIP Code · TN37027

Williamson County · Nashville-Davidson--Murfreesboro--Franklin, TN

Typical home value

$1,231,819^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.5%
5-year / yr: +8.8%
10-year / yr: +8.2%

Relative price

vs U.S.: +333.6%
vs metro: +202.0%
vs state: +365.3%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 37027 is worth $1,231,819 — 202.0% above the Nashville-Davidson--Murfreesboro--Franklin, TN median. Over the past year, values have risen 1.5%. Homes here rent for a typical $2,232 a month — a 2.2% gross rental yield. The effective property tax rate is 0.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,232^[2]
Gross yield: 2.2%^[2]
Cap rate: 1.3%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.4%^[3]
Typical annual tax: $5,081^[3]

#Climate risk

FEMA National Risk Index ratings for Williamson County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively Low
Hurricane: Very Low
Tornado: Relatively Moderate
Earthquake: Relatively Low
Winter weather: Relatively Moderate

#Who lives here

Population: 61,630^[3]
Median household income: $154,578^[3]

#Migration

Household moves in and out of Williamson County over a year, from IRS tax-return data.

Net migration: +359^[5]
Moved in: 9,302
Moved out: 8,943

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 14
Elementary: 9
Middle: 3
High: 2

Ravenwood High School
High · Grades 9–12 · Williamson County
1,950 students
Brentwood High School
High · Grades 9–12 · Williamson County
1,647 students
Brentwood Middle School
Middle · Grades 6–8 · Williamson County
1,126 students
Woodland Middle School
Middle · Grades 6–8 · Williamson County
957 students
Crockett Elementary
Elementary · Grades PK–5 · Williamson County
733 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield2.2%

Net yield (after ~40% expenses)1.3%

Annual rent$26,788

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$6,229

Loan principal$985,455

Down payment$246,364

Total interest paid$1,256,894

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio3.44

Monthly cost to own$7,676

Monthly rent$2,232

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 98th percentile^[1]
Rental yield: 0th percentile^[2]
Property tax: 40th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 37027?: The typical home in 37027 is worth $1,231,819, based on the Zillow Home Value Index.
Are home values rising in 37027?: Home values in 37027 are up 1.5% over the past year, and up 8.8% a year over five years.
What is the typical rent in 37027?: A typical home in 37027 rents for about $2,232 a month, a gross rental yield of 2.2%.
What is the property tax rate in 37027?: The effective property tax rate in 37027 is 0.4% — roughly $5,081 a year on a typical home.
Who lives in 37027?: ZIP code 37027 has a population of 61,630 and a median household income of $154,578.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

37215 vs 37027 →
Forest Hills, TN
Typical home
$1,202,280
Gross yield
2.5%
37014 vs 37027 →
Smyrna, TN
Typical home
$1,269,113
Gross yield
—
37046
Eagleville, TN
Typical home
$1,276,498
Gross yield
—
37205
Nashville-Davidson metropolitan government (balance), TN
Typical home
$1,084,738
Gross yield
2.3%
37069
Franklin, TN
Typical home
$1,018,469
Gross yield
3.2%
37204
Nashville-Davidson metropolitan government (balance), TN
Typical home
$1,002,188
Gross yield
2.3%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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Pit ZIP 37027 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · TN37027

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