Housing market spotlight: Check out trends in Castalian Springs
Every Sunday, The Tennessean highlights a different ZIP code, as we strive to inform readers and help them navigate Middle Tennessee’s red hot real estate market.
About 40 miles northeast of downtown Nashville, we find ZIP code 37031, which is home to the town of Castalian Springs in the southeast corner of Sumner County and a piece of Trousdale County. Three historic house museums here are Cragfont, Wynnewood and Hawthorn Hill. Nearby is Bledsoe's Creek State Park, which hosts the annual County Sumner Irish Fest each March.
By the numbers, here’s what’s going on in 37031 according to data from the Greater Nashville Association of Realtors.
Home prices tick up
Median home price in ZIP 37031 rose from $329,000 at this time in 2021 to $365,000 as of June 6.
Homes sell quickly
Homes spent an average of 20 days on the market here last year. So far this year, home spend about 24 days on the market.
Closings up
Home buyers closed on 26 homes as of this time last year. This year so far, home buyers have closed on 33 homes here. Current inventory in 37031 is 8 homes.
This article originally appeared on Nashville Tennessean: Housing market spotlight: Check out trends in Castalian Springs