37375 — Franklin County, Tennessee Market Snapshot

Housing market data for zip code 37375 in Franklin County, Tennessee. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Limited Sales Data

Only 8 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the Franklin County county page for broader data.

Market Sales Data

8 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$727,500

32.3% YoYClosed sales

Days to Sell

65

Median, listing to close

Homes Sold

8

Closed in 2026

Inventory

15

Conforming Loan Available

The median home in 37375 at $727,500 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.

Market Insights

Market Temperature

With homes sitting for 65 days on average, 37375 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.

Conforming Loan Feasibility

The median home in 37375 at $727,500 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.

Loan limits in 37375 are set at the county level.

2026 Loan Limits — Franklin County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$541,287
2 Units$1,066,250$693,050
3 Units$1,288,800$837,700
4 Units$1,601,750$1,041,125

Affordability Snapshot — Zip 37375

To purchase the median home at $727,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,724.

Monthly Payment

$5,724

Income Required

$245,309

Principal & Interest

$4,483/mo

Down Payment (5%)

$36,375

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 37375.

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Estimated Monthly Payment

$4,652

Principal & Interest$3,775
Property Tax$728
Insurance$150
Loan Amount$582,000
Total Interest$776,942
Income Required$199,386/yr

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