37220, Nashville, TN Homes for Sale
Introduction to Nashville's 37220 Real Estate Market
Welcome to the dynamic and diverse real estate market of Nashville's 37220 zip code! This area, known for its beautiful neighborhoods and vibrant community life, offers a range of housing options to suit various tastes and budgets. Whether you're a first-time homebuyer, a growing family, or looking for a luxurious estate, 37220 has something special in store for you.
Overview of the Nashville 37220 Area
Located in the heart of Nashville, Tennessee, the 37220 zip code encompasses several sought-after neighborhoods, including Oak Hill, Crieve Hall, and portions of Brentwood. Known for its lush greenery, rolling hills, and spacious properties, this area provides a perfect blend of suburban tranquility and city convenience. With easy access to downtown Nashville, residents enjoy a plethora of shopping, dining, and entertainment options just a short drive away.
Current Real Estate Trends in the Area
The real estate market in 37220 is dynamic and ever-evolving. In recent times, the area has seen a surge in demand, thanks to its desirable location and high-quality living standards. Properties here cater to a wide range of preferences, from charming mid-century homes to modern new constructions. With a variety of architectural styles, including traditional, contemporary, and craftsman, each home in 37220 offers its unique character and charm.
Recent Market Trends and Statistics
Understanding the current market trends and statistics is crucial for anyone looking to buy or sell in the 37220 area. Let's dive into some recent data to get a clearer picture of what's happening in this vibrant real estate market.
Homes Selling Below List Price and Competitive Scores
Recent trends in the 37220 market indicate a somewhat competitive landscape. While some homes receive multiple offers, the average property sells for about 3% below the listing price. The market's competitive nature is highlighted by homes designated as 'hot,' which often sell around their listing price and go pending in approximately 28 days. This competitive score, measured on a scale of 0 to 100, reflects the balance between buyer interest and available inventory.
For example, a recently sold property on Tyne Valley Blvd fetched a price of $2,050,000, slightly below its list price of $2,240,000. This trend of selling just under the list price is common across various property types in the area, from single-family homes to more expansive estates.
Exploring a Range of Property Sales
The diversity in the 37220 real estate market is evident in the range of properties sold. From cozy 3-bedroom homes to more spacious 6-bedroom estates, there's a wide array of options. A property on Atwood Drive, featuring 4 bedrooms and 2 baths, sold for $614,500, while a more substantial property on Franklin Pike with 3 beds and 2.5 baths fetched $1,500,000. These sales demonstrate the varied choices available in the market, catering to different lifestyle needs and budgets.
Spotlight on Recent Property Sales in 37220
The 37220 zip code of Nashville has seen a flurry of real estate activity with properties selling at various price points, reflecting the diversity and dynamism of this area.
Detailing Recent Property Sales
Recent sales in 37220 showcase the range of homes available in this sought-after area. For instance, a property on Tyne Valley Blvd with 5 bedrooms and 5 baths sold for $2,050,000, highlighting the market for luxurious, spacious homes. On the other end, a cozy home on Atwood Drive, featuring 4 bedrooms and 2 baths, was sold for $614,500, offering a more affordable entry into this vibrant community. Another notable sale was on Franklin Pike, where a 3-bedroom, 2.5-bath home fetched $1,500,000. These sales not only show the varying sizes and styles of homes in the area but also the range of investment opportunities available.
Variety in Property Types and Styles
37220 is characterized by its variety of home styles, from traditional brick ranches to contemporary new constructions. The area's architecture is a blend of historical charm and modern luxury, with homes often featuring spacious yards, updated interiors, and custom finishes. This diversity in housing options makes 37220 an attractive location for a broad spectrum of buyers, from those seeking their first home to those looking to upgrade to a more spacious dwelling.
Understanding 37220's Neighborhoods and Subdivisions
The 37220 zip code is more than just a collection of homes; it's a tapestry of unique neighborhoods and subdivisions, each with its own character and appeal.
Exploring Popular Neighborhoods
Neighborhoods like Oak Hill and Crieve Hall are jewels in Nashville's crown, offering a mix of historical homes and newer developments. Oak Hill, known for its larger properties and expansive lots, provides a sense of privacy and exclusivity. Crieve Hall is popular for its family-friendly atmosphere, characterized by mid-century homes and a strong community spirit. Both neighborhoods offer easy access to downtown Nashville, making them ideal for those who love city life but cherish their suburban comfort.
Unique Features and Attractions of Each Area
Each neighborhood in 37220 boasts unique features that cater to different lifestyles. Oak Hill, for instance, is dotted with parks and green spaces, ideal for outdoor enthusiasts. Crieve Hall is celebrated for its active neighborhood association and community events, fostering a strong sense of belonging among residents. The area's proximity to top-rated schools, shopping centers, and healthcare facilities adds to its appeal, making it a sought-after location for families and professionals alike.
Price Analysis of Current Listings
The real estate market in 37220 offers a range of pricing options, making it accessible for various budgets and preferences. Let's delve into the current listings to understand the pricing landscape better.
Current Listings and Their Prices
As of now, the 37220 area presents an exciting array of properties for sale, with prices reflecting the diverse housing options. For instance, homes in Crieve Hall, a popular subdivision, are listed at around $640,000, offering three bedrooms and two bathrooms. These homes blend modern amenities with traditional designs, making them ideal for families and professionals. On the higher end, properties in Oak Hill and surrounding neighborhoods can go up to $1,950,000, featuring luxurious amenities and larger spaces. These homes typically offer five bedrooms, sprawling gardens, and custom interiors.
Comparing Prices Across Neighborhoods
When it comes to pricing, each neighborhood within the 37220 zip code has its unique characteristics. Oak Hill, known for its upscale homes and larger lots, generally sees higher listing prices due to its exclusivity and larger property sizes. In contrast, Crieve Hall offers more affordable options, making it a great choice for those looking for quality homes within a reasonable budget. The average price per square foot in the area is around $528, giving buyers a good benchmark for comparing value across different properties and locations.
Schools and Education in 37220
The 37220 area is not only about homes and real estate; it's also about community and education. Let's explore the educational landscape that makes this area a great choice for families.
Quality of Schools in the Area
Education is a top priority for many families, and 37220 delivers with its highly rated schools. Elementary schools like Granbery and Crieve Hall are known for their strong academic programs and dedicated faculty. Middle and high schools, such as John Overton Comp High School, offer a robust curriculum and a range of extracurricular activities. These schools not only provide quality education but also foster a sense of community among students and parents alike.
Educational Opportunities and Ratings
In addition to the public schools, 37220 is in close proximity to several private and charter schools, offering more choices for education. Schools in the area are rated by organizations like GreatSchools, with ratings ranging from 5/10 to 7/10, reflecting the commitment to educational excellence. Parents can feel confident in the knowledge that their children have access to schools that cater to a range of learning styles and academic needs.
Natural Risks and Environmental Factors
When considering buying a home in 37220, it's important to understand the natural risks and environmental factors that could impact the area. Let's explore some of these aspects to give you a well-rounded view of what to expect.
Flood and Fire Risks in 37220
The area has a moderate risk of flooding, with about 15% of properties potentially facing severe flooding over the next 30 years. This is a key factor to consider, especially for properties located near water bodies or low-lying areas. In terms of fire risk, 37220 faces a minor risk of wildfires, with 60% of properties having some risk of being affected over the same period. Understanding these risks can help in making informed decisions about property purchases and insurance needs.
Wind and Heat Factors
Wind and heat are other environmental factors to consider in 37220. The area has a moderate risk of severe wind events, including the possibility of hurricanes, tornadoes, or severe storms. Over the next 30 years, nearly all properties in 37220 could experience some impact from these wind events. Additionally, 37220 faces a major risk from increasing heat, with a significant percentage of homes at risk of experiencing higher "feels like" temperatures. This trend is expected to continue, emphasizing the importance of climate-appropriate home features and landscaping.
Architectural Styles and Home Designs in 37220
The 37220 area boasts a rich tapestry of architectural styles and home designs, reflecting the diverse tastes and preferences of its residents.
Common Architectural Styles in 37220
From classic brick ranch homes to modern masterpieces, the architectural diversity in 37220 is impressive. Traditional styles are prevalent, featuring large, open porches and spacious interiors. Contemporary homes, with their sleek lines and innovative designs, offer a modern twist to the area's housing options. Many properties in 37220 blend these styles, creating unique homes that cater to a range of aesthetic preferences.
Home Features and Amenities
Properties in 37220 often come with a variety of features and amenities. Spacious backyards, modernized kitchens, and custom-built features are common. Many homes have been updated or remodeled, offering state-of-the-art appliances and luxurious finishes. These homes range in age, from newer constructions to well-maintained older properties, each offering its unique charm and character. Whether you're looking for a historic home with timeless elegance or a modern abode with all the latest conveniences, 37220 has something to suit your style.
Lifestyle and Amenities in 37220
The 37220 zip code isn't just about beautiful homes; it's also about the lifestyle and amenities that make living here so desirable.
Community Life and Local Attractions
37220 is a hub of activity with a strong sense of community. The area boasts numerous parks, including Radnor Lake State Park, offering scenic trails and wildlife viewing. For shopping and dining, residents enjoy a variety of local boutiques and restaurants, providing both convenience and quality. The community also hosts various events throughout the year, fostering a strong sense of togetherness and local pride.
Proximity to Nashville's Best
One of the biggest perks of living in 37220 is its proximity to the heart of Nashville. Just a short drive away, residents can access the city's renowned music scene, cultural events, and historic sites. This perfect blend of suburban tranquility and urban excitement makes 37220 a uniquely attractive place to call home.
Navigating the 37220 Real Estate Market: Tips and Insights
Understanding the 37220 real estate market can be a game-changer for both buyers and sellers. Here are some tips and insights to help navigate this dynamic market.
Real Estate Buying Tips
For those looking to buy in 37220, it's important to understand the local market trends, including pricing and property types. Working with a knowledgeable real estate agent who understands the nuances of the area can be invaluable. Additionally, considering factors such as school districts, natural risks, and community amenities will ensure you find a home that meets all your needs.
Insights for Sellers
Sellers in 37220 can capitalize on the area's desirability by highlighting unique home features, desirable locations, and community benefits. Pricing the property competitively, based on current market data, will attract serious buyers. Staging the home to showcase its potential can also make a significant difference in the selling process.
In summary, Nashville's 37220 area offers a vibrant real estate market with a variety of homes, a strong sense of community, and access to top-notch amenities and education. Whether you're buying your first home or seeking a luxurious estate, 37220 provides a unique blend of suburban comfort and urban convenience. With its diverse architectural styles, quality schools, and natural beauty, it's no wonder that 37220 is one of Nashville's most sought-after zip codes.