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Sarah Mitchell
Compass Real Estate · ZIP 37027
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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37027 ZIP Code Housing Market
$1.29Mmedian sale price
What is the 37027 housing market like right now?
The median home sale price in ZIP code 37027 is $1.29M, up 14.9% year-over-year. Homes sell in an average of 59 days with 422 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 37027 ZIP code a buyer's or seller's market?
ZIP code 37027 is currently a leaning buyer's and homes selling in about 59 days. How we determine this →
What are the latest 37027 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $1.29M |
| Median list price | $1.50M |
| Year-over-year price change | +14.9% |
| Average days on market | 59 days |
| Active inventory | 422 listings |
| Sale-to-list price ratio | 97.7% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
The 37027 zip code, located in Brentwood, TN, is currently classified as a leaning buyer's. The median sale price stands at $1.29M, representing a +14.9% change year over year. Homes in this area spend an average of 59 days on the market before going under contract. There are currently 422 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 37027 sits in the Brentwood, TN area, roughly 0.9 miles from downtown Brentwood. Because home prices are set street by street, this ZIP can move differently from Brentwood's citywide averages. The figures below reflect 37027 specifically — drawn from Redfin transactions, U.S. Census data for its 61,630 residents, and Zillow value estimates.
Homes sold
278
Last 12 weeks
Days on market
59
Average pace
Active listings
422
Sale-to-list
97.7%
Below asking
What is driving the 37027 housing market?
The 37027 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 97.7% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 37027 have increased +14.9% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 37027 stands at $1.24M, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,093 per month. This gives a price-to-rent ratio of approximately 49.4, which indicates that renting may be more cost-effective than buying in the short term, though long-term appreciation could shift that calculus. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 37027?
Population
61,630
Median income
$154,578/yr
Median age
44.4 years
Owner-occupied
82.1%
College grads
73.7%
Avg commute
24.22 min
What is it like living in 37027?
Zip code 37027 is home to approximately 61,630 residents. The median household income is $154,578 per year, which shapes the types of homes and amenities available in the area. With a median age of 44.4 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 82.1% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 73.7% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 24.22 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 37027.
Which public schools serve ZIP 37027?
14 schools tracked · 12,088 students
The largest public schools serving ZIP code 37027 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Ravenwood High School
Grades 9-12 · 1,950 students
Brentwood High School
Grades 9-12 · 1,647 students
Brentwood Middle School
Grades 6-8 · 1,126 students
Woodland Middle School
Grades 6-8 · 957 students
Crockett Elementary
Grades PK-5 · 733 students
Scales Elementary
Grades K-5 · 712 students
Sunset Middle School
Grades 6-8 · 708 students
Kenrose Elementary
Grades PK-5 · 701 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 37027
What is the median home price in 37027?
The current median sale price in 37027 is $1.29M, based on recent Redfin transaction data. Prices have changed +14.9% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 37027 a buyer's or seller's market?
The 37027 zip code is currently classified as a leaning buyer's. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 37027?
Zip code 37027 has a population of approximately 61,630 residents. The median household income is $154,578 per year. About 82.1% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 37027?
Properties Incorporated provides comprehensive data for 37027 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 37027 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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