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Sarah Mitchell
Compass Real Estate · ZIP 37174
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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37174 ZIP Code Housing Market
$541,250median sale price
What is the 37174 housing market like right now?
The median home sale price in ZIP code 37174 is $541,250, up 6.5% year-over-year. Homes sell in an average of 65 days with 407 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 37174 ZIP code a buyer's or seller's market?
ZIP code 37174 is currently a leaning buyer's and homes selling in about 65 days. How we determine this →
What are the latest 37174 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $541,250 |
| Median list price | $525,000 |
| Year-over-year price change | +6.5% |
| Average days on market | 65 days |
| Active inventory | 407 listings |
| Sale-to-list price ratio | 98.8% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
The 37174 zip code, located in Spring Hill, TN, is currently classified as a leaning buyer's. The median sale price stands at $541,250, representing a +6.5% change year over year. Homes in this area spend an average of 65 days on the market before going under contract. There are currently 407 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 37174 sits in the Spring Hill, TN area, roughly 2.2 miles from downtown Spring Hill. Because home prices are set street by street, this ZIP can move differently from Spring Hill's citywide averages. The figures below reflect 37174 specifically — drawn from Redfin transactions, U.S. Census data for its 53,900 residents, and Zillow value estimates.
Homes sold
284
Last 12 weeks
Days on market
65
Average pace
Active listings
407
Sale-to-list
98.8%
Below asking
What is driving the 37174 housing market?
The 37174 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 98.8% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 37174 have increased +6.5% 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 37174 stands at $521,178, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,028 per month. This gives a price-to-rent ratio of approximately 21.4, 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 37174?
Population
53,900
Median income
$105,181/yr
Median age
37.4 years
Owner-occupied
74.1%
College grads
45.8%
Avg commute
34.69 min
What is it like living in 37174?
Zip code 37174 is home to approximately 53,900 residents. The median household income is $105,181 per year, which shapes the types of homes and amenities available in the area. With a median age of 37.4 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 74.1% 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 45.8% 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 34.69 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 37174.
Which public schools serve ZIP 37174?
10 schools tracked · 7,269 students
The largest public schools serving ZIP code 37174 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.
Summit High School
Grades 9-12 · 1,648 students
Spring Station Middle School
Grades 6-8 · 835 students
Battle Creek Middle School
Grades 5-8 · 727 students
Longview Elementary School
Grades PK-5 · 681 students
Battle Creek Elementary School
Grades K-4 · 631 students
Marvin Wright Elementary School
Grades PK-4 · 605 students
Allendale Elementary School
Grades PK-5 · 600 students
Chapman's Retreat Elementary
Grades PK-5 · 559 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 37174
What is the median home price in 37174?
The current median sale price in 37174 is $541,250, based on recent Redfin transaction data. Prices have changed +6.5% 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 37174 a buyer's or seller's market?
The 37174 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 37174?
Zip code 37174 has a population of approximately 53,900 residents. The median household income is $105,181 per year. About 74.1% 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 37174?
Properties Incorporated provides comprehensive data for 37174 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 37174 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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