Housing market spotlight: Check out the trends in 37167, Smyrna

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

The 37167 ZIP code, Smyrna, is a suburb of Nashville in Rutherford County. The city, which is about 24 miles from Nashville, has 10 public parks, 12 miles of trails and greenways, athletic fields, a public pool, splash pad, practice areas and green space.

The Sam Davis Home is Smyrna's most historic landmark and is designated as a state historical site. Smyrna is also home to the Great Tennessee Air Show, which features the U.S. Air Force Thunderbirds at the Smyrna Airport. The Nissan Smyrna Vehicle Assembly Plant employs about 7,000 people.

By the numbers, here’s what’s going on in 37167 according to data from Greater Nashville Realtors.

Home prices rise

Home prices have risen by almost 40% in two years in 37167. In 2020, the median price for a home was $294,700. Last year, at about this time, median home price was $319,900. Now, it is $409,000.

Time on market steady

Homes spend about 22 days on the market now. Last year at this time, homes spent about 17 days on the market.

Closings dip

Home buyers have closed on 752 homes so far this year. As of this time last year, home buyers closed on 1,088 homes. Current inventory is 188 homes.

This article originally appeared on Nashville Tennessean: Housing market spotlight: Check out the trends in 37167, Smyrna

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