The story of this market
The typical home in ZIP 37872 sells for about $375,000, or $190 per square foot.
Prices are down 19% from a year ago, which gives buyers more room to negotiate. Homes take about 114 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,066 a month.
ZIP 37872 — Sunbright
The market in 37872 is currently experiencing significant cooling, characterized by a sharp year-over-year decline in median prices and very low sales volume. High inventory levels relative to the current sales pace have resulted in a high months-of-supply figure, indicating a buyer-favorable environment. Note that some specific metrics like tax history and utility providers were not determinable at the ZIP level.
Median prices moved down 19.0% year over year.
Homes spend a median of 114 days on market with 25.6 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 91.4% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.2% · poverty 14.8% — 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 4.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 37872
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Tennessee) — Tennessee Property Tax Assessment: Property is assessed at a percentage of its fair market value: 25% for residential property. The tax amount is calculated by multiplying the assessed value by the local tax rate (per $100 of assessed value).
Data retrieved from Census ACS 2024 estimates for ZCTA 37872.
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. Source: NCES EDGE public school locations 2023-24.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.