The story of this market
The typical home in ZIP 37031 sells for about $430,000, or $215 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,850 a month.
ZIP 37031 — Castalian Springs
The 37031 housing market is characterized by steady demand for rural residential properties, with a median price of $430,000. While price growth has moderated, the area remains attractive to buyers seeking space and a quiet environment. Market conditions are stable, though limited inventory and commute times remain key factors for potential residents.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle who are willing to commute for work and value larger lot sizes over urban convenience.
Median prices moved up 2.4% year over year.
Homes spend a median of 62 days on market with 4.1 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.7% · poverty 8.3% — 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 8.0%/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 7.8%/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 37031, Sumner County TN
Crime rates in Castalian Springs are generally lower than the regional average for Sumner County, with property crime being the primary concern.
Schools serving the area are part of the Sumner County School District, which maintains a generally positive reputation for academic performance.
The area is subject to standard regional risks including severe thunderstorms and occasional flooding in low-lying areas near the Cumberland River.
Development is characterized by slow, steady residential expansion with limited commercial infrastructure, relying on proximity to Gallatin and Lebanon for major employment.
Property taxes are levied by Sumner County and the state of Tennessee; there is no state income tax, and the area does not utilize complex MUD/PID structures.
Commutes are primarily car-dependent, with residents typically driving 30-45 minutes to reach employment hubs in Gallatin, Hendersonville, or Nashville.
The area offers significant outdoor recreation including access to the Cumberland River, Bledsoe Creek State Park, and rural hiking trails.
The rental market is characterized by low inventory and high demand for single-family rentals, with limited multi-family options available.
The local economy is largely agricultural and residential, with most residents commuting to major employers in the broader Nashville-Davidson-Murfreesboro-Franklin MSA.
Public transit is not available; the area relies entirely on private vehicle transportation via state highways.
Planning is focused on maintaining rural character while managing low-density residential growth.
The Sumner County Assessor of Property manages assessments based on periodic reappraisal cycles.
Parcels are served by the Sumner County School District and local utility districts for water and electricity.
Property insurance premiums are stable but reflect regional risks associated with severe weather events.
The area has seen steady net domestic migration as residents move from urban centers to rural settings.
Tennessee is a non-judicial foreclosure state, allowing for relatively efficient trustee sales.
Sellers are required to provide a residential property condition disclosure statement to buyers.
Data retrieved from US Census Bureau ZCTA profile for 37031.
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.
- Hendersonville Strike & Spare Family Fun Center4.317.3 mi
- Urban Air Trampoline and Adventure Park4.119.7 mi
- All Air Extreme Trampoline Park4.216.5 mi
- Chuck E. Cheese4.316.7 mi
- Hendersonville Circus World4.117.3 mi
- Wilson County Tennessee State Fair4.511.3 mi
- Hermitage Golf Course4.419.8 mi
- Cedars of Lebanon State Park4.619 mi
- Farm Bureau Exposition Center4.711.3 mi
- The Rudder4.318.8 mi
- Bledsoe Creek State Park4.72.8 mi
- The Dancing Lights of Christmas4.311.6 mi
- NCG Cinemas - Gallatin4.69.8 mi
- Don Fox Community Park4.79.7 mi
- UEC Roxy Movie Theater4.411.9 mi
- Andrew Jackson’s Hermitage4.719.4 mi
- Music City Brick4.710.9 mi
- Fiddlers Grove Historic Village4.711.4 mi
- Historic Rock Castle4.616.5 mi
- Monthaven Arts & Cultural Center4.719.5 mi
- Bledsoe Creek State Park4.72.8 mi
- Don Fox Community Park4.79.7 mi
- Gallatin Miracle Park4.77.1 mi
- Boxwell Scout Reservation4.78.6 mi
- Lock 4 Park - The Point4.79.1 mi
- Cedar Creek Marina4.412.3 mi
- Cherokee Marina & Campground4.26.5 mi
- Sun Life Marinas - Blue Turtle Bay Marina4.719.4 mi
- Gallatin Marina4.28.9 mi
- Cedar Creek Yacht Club4.711.7 mi
- Long Hollow Golf Course3.99.6 mi
- Grasslands Club | Fairvue4.79.7 mi
- The Club at Five Oaks4.58.3 mi
- Lebanon Golf & Country Club4.29.4 mi
- Nashville International Airport4.325.7 mi
- Black Car Select Limo Service Nashville529.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features extensive hiking trails and water access on Old Hickory Lake.
Preserves the history of the early Tennessee frontier.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).