While home sales in the 37040 zip code market have been above average, in this week's report they fell 2.4% to 123 homes sold over the last 30 days. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price climbed to $180,000 this week.

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DEMOGRAPHIC FACTS FOR THE 37040 ZIP CODE:

  • The total number of vacant homes in the area is 9.5%.
  • This area usually gets 208 sunny days each year. (U.S. average: 205)
  • This area has a one-year job growth rate of 1.99%.
  • The student per librarian ratio in this area is 799:1. (803:1 = national average)