HousingHandbookReference data

U.S. ZIP Code · TN38569

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

Typical home value

$435,730[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.7%
5-year / yr
+7.5%
10-year / yr
+9.3%

Relative price

vs U.S.
+53.4%
vs metro
+6.8%
vs state
+64.6%
ZIP 38569 location in TN
Location of ZIP 38569 in TN

Price history

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

The typical home in 38569 is worth $435,730 — 6.8% above the Nashville-Davidson--Murfreesboro--Franklin, TN median. Over the past year, values have risen 2.7%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
[3]
Typical annual tax
[3]

#Climate risk

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

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

#Who lives here

Population
390[3]
Median household income
[3]

#Migration

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

Net migration
+48[5]
Moved in
577
Moved out
529

Run the numbers

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

Gross yield
Net yield (after ~40% expenses)
Annual rent

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.

Monthly payment$2,203
Loan principal$348,584
Down payment$87,146
Total interest paid$444,600

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.

Own : rent ratio
Monthly cost to own$3,002
Monthly rent

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
81st percentile[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 38569?
The typical home in 38569 is worth $435,730, based on the Zillow Home Value Index.
Are home values rising in 38569?
Home values in 38569 are up 2.7% over the past year, and up 7.5% a year over five years.

#Comparable ZIPs

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

  • Lewisburg, TN

    Typical home
    $433,635
    Gross yield
  • Greenvale CDP, TN

    Typical home
    $433,631
    Gross yield
  • TN

    Typical home
    $431,278
    Gross yield
  • Lebanon, TN

    Typical home
    $441,450
    Gross yield
    4.7%
  • Cedar Hill, TN

    Typical home
    $428,420
    Gross yield
  • Gallatin, TN

    Typical home
    $443,167
    Gross yield
    4.5%

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

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