Housing market spotlight: See the trends in 37205, Belle Meade area

Every Sunday, The Tennessean highlights a different ZIP code, as we strive to inform readers and help them navigate Middle Tennessee’s real estate market.

About 10 miles west of downtown Nashville, ZIP code 37205 split almost down the middle by Hwy 100, the ZIP holds the city of Belle Meade and the community of West Meade. The ZIP code is known for its large lots and established neighborhoods along with new construction.

Cheekwood Estate and Gardens holds its Cheekwood in Bloom each spring.

Attractions in this ZIP code include Belle Meade Plantation and Winery, Cheekwood Estate and Gardens and Percy Warner Park.

By the numbers, here’s what’s going on in 37205 according to data from Greater Nashville Realtors.

Home prices rise

Median sales price in this ZIP code is $837,788. Last year at this time, median sales price was $825,000.

Closings down a bit

Home buyers have closed on 120 homes so far this year. Last year by this time, home buyers had closed on 133 homes. Current inventory is 122 homes.

Time on market rises

Last year at this time, homes spent just 22 days on the market. So far this year, home spend about 53 days on the market.

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