The story of this market
The typical home in ZIP 37148 sells for about $429,000, or $215 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,122 a month.
ZIP 37148 — Portland
The 37148 housing market remains stable with steady price appreciation driven by its role as a growing bedroom community for Nashville. While inventory is expanding, demand remains consistent, keeping the market balanced for both buyers and sellers. Some specific metrics like months of supply are estimated based on current listing trends.
This ZIP is well-suited for families and commuters seeking more affordable housing options compared to the Nashville urban core, while still maintaining access to essential services and regional employment hubs.
Median prices moved up 3.2% year over year.
Homes spend a median of 45 days on market with 3.8 months of supply — a fast-moving market.
12% 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 4.3% · poverty 10.8% — 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 11.2%/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 4.3%/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 37148, Tennessee
Crime rates in Portland are generally lower than the national average, with property crime being the most frequently reported incident type.
Schools serving the 37148 area are part of the Sumner County School District, which maintains a generally stable reputation for academic performance.
The area is subject to standard regional risks including severe thunderstorms and occasional flooding in low-lying areas; property insurance remains available but premiums are sensitive to regional weather patterns.
Portland is experiencing steady growth as a bedroom community for the Nashville metro area, with ongoing residential development and expansion of local retail infrastructure.
Property taxes are assessed at the county level by Sumner County and the city of Portland, with rates determined by the local tax commission; no state income tax applies to wages in Tennessee.
Commuters primarily rely on I-65 and US-31W for access to the Nashville employment core, with average commute times typically exceeding 35 minutes.
The area features several local parks, including Richland Park, and provides access to outdoor recreation at nearby lakes and golf courses within a short drive.
The rental market is characterized by moderate vacancy pressure and steady demand, with a mix of single-family rentals and apartment complexes serving the local workforce.
The local economy is supported by a mix of manufacturing, retail, and service-sector employers, with many residents commuting to the broader Nashville metropolitan area for employment.
Transportation is primarily automobile-dependent, with major corridors including US-31W and proximity to I-65 for regional connectivity.
The city is currently focused on infrastructure improvements to support residential growth and the expansion of commercial zones along major thoroughfares.
The Sumner County Assessor of Property manages the assessment of real property, with reappraisals conducted on a multi-year cycle.
Parcels in this ZIP are subject to Sumner County and Portland city tax jurisdictions, with standard utility and school district levies.
Property insurance remains stable, though homeowners are advised to maintain adequate coverage for wind and storm-related damages common in Middle Tennessee.
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 a streamlined process under the terms of a deed of trust.
Sellers are required to provide a residential property disclosure statement detailing the condition of the property to potential buyers.
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.
- Shuckle's Corn Maze & Pumpkin Patch4.218.2 mi
- Prince Street Pizza & Pub4.614.5 mi
- White House Pizza & Pub4.616.1 mi
- Portland Pizza & Pub4.54.3 mi
- Los Jalapeños4.514.7 mi
- Brewster's Bar & Grille4.27.7 mi
- Kentucky Welcome Sign4.56.7 mi
- Franklin Simpson Park & Rec4.510.3 mi
- The Cutting Edge of Simpson County4.812 mi
- Octagon Hall Museum4.715.3 mi
- Cragfont State Historic Site4.715 mi
- Rose Mont4.715.5 mi
- Wynnewood State Historic Site4.716.3 mi
- Richland Park Soccer & Baseball Fields4.62.6 mi
- Franklin Simpson Park & Rec4.510.3 mi
- Richland Park & Recreation4.72.7 mi
- Richland Park Soccer Complex4.62.8 mi
- Cherokee Marina & Campground4.218.4 mi
- Gallatin Marina4.217.5 mi
- Dollar General Market4.19.8 mi
- Dollar General4.34 mi
- Dollar General4.25 mi
- Price Less IGA4.412.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community park offering green space and recreational facilities.
Public golf facility serving the local area.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).