The story of this market
The typical home in ZIP 37138 sells for about $450,000, or $235 per square foot.
Prices are up +4.83% from a year ago, so sellers still have some momentum. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $1,526 a month.
ZIP 37138 — Lakewood (Dissolved into Metro)
The 37138 housing market remains stable with moderate competition and steady price appreciation. Demand is supported by the area's lifestyle amenities and proximity to Nashville, though inventory levels remain a factor for buyers. Overall, the market reflects a balanced environment for both buyers and sellers.
This ZIP is ideal for families and commuters seeking a balance between suburban living and access to Nashville. It attracts those looking for waterfront lifestyle amenities and newer construction options.
Median prices moved up 4.8% year over year.
Homes spend a median of 58 days on market with 3.2 months of supply — a fast-moving market.
25% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.6% · poverty 8.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 37138, Tennessee
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Old Hickory are generally considered moderate, with property crime being the primary concern compared to national averages. Local law enforcement maintains a consistent presence, and trends remain stable relative to the broader Nashville metropolitan area.
Schools serving the 37138 area are part of the Metro Nashville Public Schools system, which offers a mix of magnet and zoned options. Performance varies by specific school, with several institutions receiving average to above-average ratings for student progress.
The area is situated near Old Hickory Lake, which necessitates flood insurance for properties located in designated floodplains. Standard wind and storm coverage is recommended due to the regional climate profile.
Old Hickory benefits from its proximity to Nashville's economic core and ongoing residential development in the surrounding suburbs. Infrastructure improvements and new housing communities continue to drive interest in the area.
Property taxes are assessed by the county, with rates determined by the local jurisdiction's budget requirements. There are no state-level personal income taxes in Tennessee, which impacts the overall tax burden for residents.
Commuters typically rely on I-40 or local arterial roads to reach downtown Nashville, with average commute times ranging from 30 to 45 minutes depending on traffic conditions.
The area is defined by Old Hickory Lake, offering extensive boating, fishing, and park access. Residents also enjoy proximity to local golf courses and community shopping centers.
The rental market is moderately competitive, with demand supported by the area's suburban appeal and proximity to Nashville. Vacancy rates remain low, and rent growth has tracked with regional inflation.
The local economy is anchored by proximity to Nashville's healthcare, education, and tourism sectors. Many residents commute to major employers in the Nashville metro area.
Transportation is primarily car-dependent, with major highway access via I-40 and local routes connecting to the broader Nashville transit network.
Development is focused on residential expansion and mixed-use projects that leverage the area's waterfront access.
The county appraisal district conducts periodic property assessments to determine fair market value for tax purposes.
Parcels may be subject to specific utility and school district levies depending on their exact location within the ZIP.
Property insurance premiums are influenced by flood zone designations and regional weather patterns, including storm risk.
Tennessee continues to see positive net domestic migration, with many new residents moving to the Nashville metro area for economic opportunities.
Tennessee is a non-judicial foreclosure state, allowing for relatively efficient processing of defaults.
Sellers are required to provide a residential property disclosure statement detailing the condition of the home.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Nashville Shores Waterpark4.34.9 mi
- Aquarium Restaurant4.43.8 mi
- Dave & Buster's Nashville4.23.8 mi
- K1 Speed Nashville4.58.7 mi
- Up-Down Nashville4.67.7 mi
- Grand Ole Opry4.83.7 mi
- Bridgestone Arena4.79.5 mi
- Nissan Stadium4.58.9 mi
- Ryman Auditorium4.89.4 mi
- Music City Center4.79.5 mi
- Grand Ole Opry4.83.7 mi
- Country Music Hall of Fame and Museum4.69.4 mi
- Nashville Zoo at Grassmere4.511.3 mi
- The Parthenon4.611.5 mi
- Ryman Auditorium4.89.4 mi
- Grand Ole Opry4.83.7 mi
- Country Music Hall of Fame and Museum4.69.4 mi
- The Parthenon4.611.5 mi
- Ryman Auditorium4.89.4 mi
- Cheekwood4.716.7 mi
- Centennial Park4.711.5 mi
- Bicentennial Capitol Mall State Park4.79.6 mi
- Shelby Park4.77 mi
- Long Hunter State Park4.710.2 mi
- Drakes Creek Park4.56.2 mi
- Four Corners Resort and Marina4.312.6 mi
- Cedar Creek Marina4.47.4 mi
- Fate Sanders Marina4.314.8 mi
- Hamilton Creek Sailboat Marina4.68 mi
- Cherokee Marina & Campground4.213.5 mi
- Topgolf Nashville4.48.8 mi
- Hermitage Golf Course4.40.7 mi
- Gaylord Springs Golf Links4.22.8 mi
- Two Rivers Golf Course4.43.9 mi
- Ted Rhodes Golf Course4.111.2 mi
- Opry Mills4.53.8 mi
- Nashville Farmers' Market4.59.6 mi
- One Hundred Oaks4.411 mi
- Publix Super Market at Capitol View4.49.9 mi
- Fifth + Broadway4.79.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major recreational hub for boating and fishing.
Public course offering 36 holes of championship golf.
Large green space with trails and sports facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.