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.
Downtown Nashville isn’t just for tourists. ZIP code 37201 runs along the Cumberland River.
While the majority of downtown Nashville homes are rented, some are for homebuyers. Most of the homes downtown were built in the 2000s. Also downtown, older buildings repurposed into shopping and nightlife areas.
By the numbers, here’s what’s going on in 37201 according to data from the Greater Nashville Association of Realtors.
Home prices rise
As of this time in 2020, the median home price in 37201 was $375,000. This year so far, the median sales price is $410,500.
Home closings rise
Home buyers closed on 35 homes as of this time in 2020. This year, home buyers have closed on 100 homes in 37201.
Homes move quickly
In 2020 by this time of year, home spent an average of 40 days on the market. This year,…