37742, Greenback, TN

The 37742 zip code of Greenback, TN is located in the southeastern corner of the state and includes a population of just over 2,000 people. The median household income in this zip code is just under $40,000, which is lower than the statewide median household income of $48,046. However, home prices in this zip code are much higher than the statewide median home price of $130,000.

As of March 2016, there were 1,898 homes for sale in the 37742 zip code and 577 homes were sold. The average sale price in this zip code was $181,500 and the median home value was $158,900. This represents a growth rate of 6% over the past year and a growth rate of 10% over the past three years. In addition to high home values, Greenback also has high home equity values. As of March 2016, 68% of all households in this zip code had at least some equity in their homes compared to only 54% statewide. This indicates that homeownership rates are much higher in Greenback than across Tennessee as a whole.