How much is a home worth in ZIP code 37217?

The typical home in 37217 is worth $326,576, based on the Zillow Home Value Index.

Are home values rising in 37217?

Home values in 37217 are down 3.3% over the past year, and up 4.4% a year over five years.

What is the typical rent in 37217?

A typical home in 37217 rents for about $1,415 a month, a gross rental yield of 5.2%.

What is the property tax rate in 37217?

The effective property tax rate in 37217 is 0.5% — roughly $1,722 a year on a typical home.

ZIP code 37217 has a population of 31,869 and a median household income of $62,796.

HousingHandbookReference data

…

U.S. ZIP Code · TN37217

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

Typical home value

$326,576^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -3.3%
5-year / yr: +4.4%
10-year / yr: +7.7%

Relative price

vs U.S.: +15.0%
vs metro: -19.9%
vs state: +23.4%

Price history

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

The typical home in 37217 is worth $326,576 — 19.9% below the Nashville-Davidson--Murfreesboro--Franklin, TN median. Over the past year, values have fallen 3.3%. Homes here rent for a typical $1,415 a month — a 5.2% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

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

Monthly rent: $1,415^[2]
Gross yield: 5.2%^[2]
Cap rate: 3.1%^[2]

#Property tax

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

Effective tax rate: 0.5%^[3]
Typical annual tax: $1,722^[3]

#Climate risk

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

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

#Who lives here

Population: 31,869^[3]
Median household income: $62,796^[3]

#Migration

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

Net migration: +1,807^[5]
Moved in: 31,873
Moved out: 30,066

Schools

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

Public schools: 4
Elementary: 4
Middle: 0
High: 0

Glenview Elementary
Elementary · Grades PK–5 · Davidson County
642 students
Lakeview Elementary
Elementary · Grades PK–4 · Davidson County
538 students
Rocketship United
Elementary · Grades K–4 · Davidson County
499 students
Glengarry Elementary
Elementary · Grades PK–4 · Davidson County
357 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 yield5.2%

Net yield (after ~40% expenses)3.1%

Annual rent$16,976

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$1,651

Loan principal$261,261

Down payment$65,315

Total interest paid$333,224

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 ratio1.46

Monthly cost to own$2,068

Monthly rent$1,415

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: 7th percentile^[1]
Rental yield: 68th percentile^[2]
Property tax: 77th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 37217?: The typical home in 37217 is worth $326,576, based on the Zillow Home Value Index.
Are home values rising in 37217?: Home values in 37217 are down 3.3% over the past year, and up 4.4% a year over five years.
What is the typical rent in 37217?: A typical home in 37217 rents for about $1,415 a month, a gross rental yield of 5.2%.
What is the property tax rate in 37217?: The effective property tax rate in 37217 is 0.5% — roughly $1,722 a year on a typical home.
Who lives in 37217?: ZIP code 37217 has a population of 31,869 and a median household income of $62,796.

#Comparable ZIPs

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

37074 vs 37217 →
Hartsville/Trousdale County, TN
Typical home
$324,207
Gross yield
—
37115 vs 37217 →
Nashville-Davidson metropolitan government (balance), TN
Typical home
$328,959
Gross yield
5.9%
37148
Portland, TN
Typical home
$331,842
Gross yield
6.3%
37026
Lakewood Park CDP, TN
Typical home
$332,083
Gross yield
—
37025
TN
Typical home
$332,450
Gross yield
—
38567
Hickman CDP, TN
Typical home
$318,039
Gross yield
—

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#Jump to section

U.S. ZIP Code · TN37217

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