Most Expensive Zip Codes in Nashville, Ranked for 2026

Nashville's luxury market isn't spread evenly across the city — it clusters in a handful of zip codes where tree-lined streets, top-tier schools, and proximity to downtown have driven home values well above the citywide average. For buyers deciding where to focus a search, or sellers wondering how their neighborhood stacks up, knowing which zip codes actually carry the highest values is more useful than general impressions.

This ranking uses Zillow's Home Value Index (ZHVI), which tracks the typical home value across a given area, updated August 31, 2026. The citywide Nashville, TN average sits at $429,741, down 2.7% over the past year — every zip code below sits well above that baseline, some by nearly three times.

Key takeaways

• 37215 (Forest Hills/Green Hills) ranks as Nashville's most expensive zip code, with an average home value of $1,203,936 as of August 2026.
• 37205 (Belle Meade/West Meade) follows closely at $1,081,746, with the fastest year-over-year growth of the group at 4.0%.
• 37204 (12 South/Berry Hill), 37220 (Oak Hill), and 37212 (Hillsboro Village/Belmont) round out the top five, all still well above Nashville's citywide average of $429,741.
• Active listings in both 37215 and 37205 give buyers real, current options in the city's two highest-value zip codes.

1. 37215 — Forest Hills and Green Hills

At $1,203,936, 37215 is Nashville's most expensive zip code by average home value, up 2.2% over the past year, with homes typically going to pending in around 53 days — noticeably slower than the rest of this list, a sign of buyers who take their time in this price range. The zip code covers Forest Hills and Green Hills, two of Nashville's most established addresses, known for large lots, mature tree canopy, and easy access to Hillsboro Village and the Green Hills retail corridor.

Buyers have real options here right now. Our listing at 2334 Golf Club Lane ($5,499,900, 4 beds, 5 baths, 7,906 square feet, MLS #3592254) is a Compass Private Exclusive in this zip code, and 1422 Clifton Ln ($1,349,900, 4 beds, 4 baths, 3,657 square feet, MLS #3298526) offers an entry point closer to the zip code's average.

2. 37205 — Belle Meade and West Meade

37205 comes in second at $1,081,746, but it's the fastest-appreciating zip code on this list, up 4.0% year-over-year, with homes going to pending in about 37 days. Belle Meade is Nashville's classic old-money address — stately estates, the Belle Meade Country Club, and some of the city's largest residential lots — while West Meade offers a somewhat more accessible entry into the same zip code.

Our listing at 615 W Meade Dr ($1,749,900, 3 beds, 4 baths, 3,955 square feet, MLS #3304694) is currently for sale in this zip code, giving buyers a genuine foothold in one of Nashville's two highest-value areas.

3. 37204 — 12 South and Berry Hill

At $996,273, up 1.1% year-over-year, 37204 rounds out the seven-figure tier just below it. This zip code covers 12 South, one of Nashville's most walkable and in-demand neighborhoods for boutique shopping and restaurants, along with Berry Hill, a small, largely residential pocket known for its recording studios and quieter streets close to the action. Homes here go to pending fastest of any zip on this list — around 27 days — reflecting steady demand for the walkable lifestyle 12 South offers.

4. 37220 — Oak Hill

37220, covering Oak Hill, sits at $919,202, up a modest 0.6% over the past year — the slowest growth of the top four, though still well ahead of the citywide average. Oak Hill offers larger lots and a quieter, more suburban feel than 12 South or Belle Meade, while staying a short drive from Green Hills and downtown.

5. 37212 — Hillsboro Village and Belmont

37212 closes out the top five at $751,047, the only zip code here to see a year-over-year decline, down 1.8%. Home to Vanderbilt and Belmont University, Hillsboro Village mixes historic bungalows and walkable retail with a dense student and renter population, which can pull values differently than the larger-lot neighborhoods further out. Even with the dip, 37212 stays well above Nashville's citywide average of $429,741.

Quick answers

What is the most expensive zip code in Nashville?
As of August 2026, 37215 (Forest Hills and Green Hills) is Nashville's most expensive zip code, with an average Zillow home value of $1,203,936 — nearly three times the citywide Nashville average of $429,741.

Is Belle Meade more expensive than Green Hills?
Not currently. Belle Meade's zip code, 37205, averages $1,081,746, slightly below Green Hills and Forest Hills' 37215 at $1,203,936, though Belle Meade is appreciating faster year-over-year.

Frequently asked questions

Why do these five zip codes rank above the rest of Nashville?
Established lot sizes, proximity to downtown and Green Hills, top-rated schools, and decades of sustained demand all play a role — these are some of Nashville's oldest and most consistently desirable residential areas.

Does a high average home value mean every home in that zip code is a luxury property?
No. A zip code average blends a wide range of home sizes and conditions — 12 South and Hillsboro Village, for example, mix smaller bungalows with larger renovated homes, unlike a zip code of mostly large estates.

How does Nashville's luxury market compare to the citywide average?
Nashville's citywide ZHVI is $429,741, down 2.7% over the past year. Every zip code on this list sits well above that figure, with the top two — 37215 and 37205 — both averaging well over $1 million.

Why work with a specialist who tracks these zip codes closely?
Values and days-to-pending vary meaningfully even within a single zip code, block by block. An agent who works these neighborhoods regularly can help you understand where a specific address actually falls relative to the averages here, not just the headline number.

Practical next steps

1. If you're buying in the $1M+ range, start with 37215 and 37205 — both have active inventory right now, including 2334 Golf Club Lane and 1422 Clifton Ln in 37215, and 615 W Meade Dr in 37205.
2. If your budget is closer to $1M, look at 37204 and 37220 for a similar lifestyle at a lower average price point.
3. If you're selling in one of these zip codes, ask your agent how your specific street and home size compare to the zip code average — it often tells a more accurate story than the headline figure.
4. Revisit this ranking periodically. Zillow updates its Home Value Index monthly, and year-over-year trends here range from a 4.0% gain to a 2.7% decline depending on the area.

The bottom line

Nashville's most expensive zip codes aren't interchangeable — Forest Hills and Belle Meade offer a different lifestyle than 12 South or Hillsboro Village, even at similar price points. Knowing the actual numbers behind each one makes it easier to target a search or price a listing accurately, rather than relying on general reputation alone.

If you're weighing a move into one of Nashville's top-value zip codes, Morrell Property Collective can walk you through current inventory and help you understand how a specific home or street compares to these averages. Call our team at (615) 593-3103.