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Sarah Mitchell
Compass Real Estate · ZIP 37064
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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37064 ZIP Code Housing Market
$955,000median sale price
What is the 37064 housing market like right now?
The median home sale price in ZIP code 37064 is $955,000, up 11.1% year-over-year. Homes sell in an average of 57 days with 531 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 37064 ZIP code a buyer's or seller's market?
ZIP code 37064 is currently a leaning buyer's and homes selling in about 57 days. How we determine this →
What are the latest 37064 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $955,000 |
| Median list price | $1.05M |
| Year-over-year price change | +11.1% |
| Average days on market | 57 days |
| Active inventory | 531 listings |
| Sale-to-list price ratio | 97.8% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
The 37064 zip code, located in Franklin, TN, is currently classified as a leaning buyer's. The median sale price stands at $955,000, representing a +11.1% change year over year. Homes in this area spend an average of 57 days on the market before going under contract. There are currently 531 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 37064 sits in the Franklin, TN area, roughly 6 miles from downtown Franklin. Because home prices are set street by street, this ZIP can move differently from Franklin's citywide averages. The figures below reflect 37064 specifically — drawn from Redfin transactions, U.S. Census data for its 67,513 residents, and Zillow value estimates.
Homes sold
361
Last 12 weeks
Days on market
57
Average pace
Active listings
531
Sale-to-list
97.8%
Below asking
What is driving the 37064 housing market?
The 37064 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 97.8% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 37064 have increased +11.1% 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 37064 stands at $912,331, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,417 per month. This gives a price-to-rent ratio of approximately 31.4, 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 37064?
Population
67,513
Median income
$127,771/yr
Median age
41.3 years
Owner-occupied
77.1%
College grads
60.1%
Avg commute
25.26 min
What is it like living in 37064?
Zip code 37064 is home to approximately 67,513 residents. The median household income is $127,771 per year, which shapes the types of homes and amenities available in the area. With a median age of 41.3 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 77.1% 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 60.1% 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 25.26 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 37064.
Which public schools serve ZIP 37064?
20 schools tracked · 12,365 students
The largest public schools serving ZIP code 37064 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.
Franklin High School
Grades 9-12 · 1,743 students
Fred J Page High School
Grades 9-12 · 1,356 students
Fred J Page Middle School
Grades 6-8 · 1,308 students
Grassland Middle School
Grades 6-8 · 831 students
Creekside Elementary School
Grades K-5 · 792 students
Pearre Creek Elementary School
Grades PK-5 · 671 students
Winstead Elementary School
Grades PK-5 · 632 students
Legacy Middle School
Grades 6-8 · 552 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 37064
What is the median home price in 37064?
The current median sale price in 37064 is $955,000, based on recent Redfin transaction data. Prices have changed +11.1% 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 37064 a buyer's or seller's market?
The 37064 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 37064?
Zip code 37064 has a population of approximately 67,513 residents. The median household income is $127,771 per year. About 77.1% 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 37064?
Properties Incorporated provides comprehensive data for 37064 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 37064 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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