Median home value in zip code 38560 (Elmwood, TN) is $280,906, up 3.3% year over year. Part of the Nashville-Davidson--Murfreesboro--Franklin, TN metropolitan area.

Home Value$280,906

YoY Change

+3.3%

Prices rising — worse for buyers.

Affordability

Enter your income for 38560 (Elmwood).

Income (annual)

Down Payment

$56,181 on $280,906

Example: $75,000 household income. Change it above to see your own.

Stretch28% of income

Above 28% but manageable with cuts.

PITI$1,753

P/I28%

Afford$280K

Gap-$481

P&I $1,420Tax $166Ins $167

6.50% 30yr, 20% down, county tax + TN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

38560 is part of the Nashville-Davidson--Murfreesboro--Franklin, TN metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Nashville-Davidson--Murfreesboro--Franklin, TN analysis

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