Housing market spotlight: Check out the trends in 37034, Chapel Hill area

Staff reports
·1 min read

Every Sunday, The Tennessean highlights a different ZIP code, as we strive to inform readers and help them navigate Middle Tennessee’s red hot real estate market.

This week, we travel to ZIP 37034, which is about 46 miles south of downtown Nashville in the northern portion of Marshall County. Home to Henry Horton State Park, which the Duck River flows through. A chunk of this ZIP stretches into Bedford County.

The town of Chapel Hill is a small town in the northeastern part of Marshall County. Other communities nearby are Caney Springs, Holts corner and Farmington.

By the numbers, here’s what’s going on in 37034 according to data from the Greater Nashville Association of Realtors.

Home prices rise

Median sales price for a home in 37034 was $307,075 a year ago. So far this year, median sales price is $365,175.

Home sales

Homes spent an average of 46 days on the market at this time in 2021. Now, home spent about 74 days on the market.

Closings up

Home buyers closed on 122 homes in 37034 at this point last year. So far this year, home buyers have closed on 170 homes. Current inventory is 55 homes.

This article originally appeared on Nashville Tennessean: Housing market spotlight: Check out the trends in 37034, Chapel Hill area