38560
Elmwood, Tennessee.
Elmwood, Smith County, TN · Nashville-Davidson--Murfreesboro--Franklin, TN metro · population 1,432
to buy the typical home at today's mortgage rate — +$916 (+142%) since Jan 2020.
- 1 year
- Up $21,356 +8%
- $275,518$296,873 since Sep 2025
- 5 years
- Up $64,458 +28%
- $232,415$296,873 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 38560$1,558
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 14 years.
Typical home values in zip 38560 rose 7.8% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Elmwood, TN — measured over the city limits, which is a different area from this zip.
Typical home value — 38560
Mid-tier homes, smoothed and seasonally adjusted.
- 38560$296,873
- Nashville$448,896
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 3.5 | 38552 | Chestnut Mound | 472 | — | $269,510 |
| 5.2 | 37030 | Carthage | 8,183 | — | $278,003 |
| 6.2 | 38548 | Buffalo Valley | 1,154 | — | $286,715 |
| 7.0 | 38564 | Granville | 501 | — | $240,024 |
| 7.4 | 38567 | Hickman | 1,065 | — | $315,646 |
| 8.4 | 38563 | Gordonsville | 1,826 | — | $311,900 |
| 8.7 | 38569 | Lancaster | 390 | — | $434,684 |
| 9.6 | 38547 | Brush Creek | 2,088 | — | $338,335 |
| 10.4 | 37145 | Pleasant Shade | 2,442 | — | $252,767 |
| 11.1 | 37151 | Riddleton | 457 | — | $302,726 |
| 11.7 | 38582 | Silver Point | 1,729 | — | $362,583 |
| 11.8 | 38545 | Bloomington Springs | 1,575 | — | $246,027 |
| 13.6 | 37012 | Alexandria | 2,118 | — | $289,870 |
| 14.2 | 38544 | Baxter | 8,175 | — | $295,350 |
| 14.3 | 38562 | Gainesboro | 6,493 | — | $204,531 |
| 14.6 | 37057 | Dixon Springs | 1,016 | — | $294,679 |
| 17.3 | 37059 | Dowelltown | 1,590 | — | $260,398 |
| 17.5 | 38588 | Whitleyville | 1,025 | — | $217,394 |
| 18.1 | 37095 | Liberty | 1,697 | — | $282,740 |
| 18.4 | 37184 | Watertown | 7,289 | — | $424,314 |
| 18.6 | 38501 | Cookeville | 42,471 | $1,403 | $299,092 |
| 19.8 | 37074 | Hartsville | 10,932 | — | $325,611 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.