Real Estate Investing in Thompsons Station, Tennessee (37179)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37179 (Thompsons Station, TN)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 25.6 — hard to cash-flow at these prices.
What’s happening in Thompsons Station, TN (37179)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37179 Thompsons Station
ZIP 37179 inside Williamson County looks affordable on the surface — median value of $722K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 37179 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader TN picture, 37179 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 37179 ZIP's population of 17,411 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that comes in at the need for careful underwriting.
Strategically, 37179 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Thompsons Station:
Property Strategy for 37179
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $334,658 | $2,440 | 5.2% | +6.0% | $167,329 |
| 3BR | $546,618 | $3,120 | 4.1% | +8.8% | $182,206 |
| 4BR | $826,712 | $3,800 | 3.3% | +9.6% | $206,678 |
| 5BR | $1,201,142 | — | — | +9.9% | $240,228 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37179 Compare?
| Metric | 37179 | Thompsons Station | Nashville-Davidson--Murfreesboro--Franklin, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $722,387 | $722,387 | N/A | $327,001 |
| 5-Year CAGR | 5.9% | 5.9% | N/A | 7.7% |
| Avg Rent | $2,351 | $2,351 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37179 (Thompsons Station, TN). Anonymous, moderated, never written by AI.
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Property managers serving Williamson County
Manage rentals here? List your business →The domain gasserhome.com is available for purchase, with options for website hosting, design, and IT consulting services from DigiTimber. summary from their website
Gemstone Solutions offers property management and realty services. summary from their website
Ziser Realty Property Management provides comprehensive management services for Nashville homeowners, including marketing, tenant screening, and maintenance coordination. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $722,387 |
| Monthly Rent | $2,351 |
| Price-to-Rent | 25.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +0.3% ▲ |
| 3-Year CAGR | +1.7% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 Rent Trends
| 1-Year | +15.0% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 37179
Population: 17,411
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 37179
Schools in This ZIP Code
About Repit School Scores
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We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Are homes affordable in Thompsons Station, TN?
In Thompsons Station, TN the median home value sits at $722K. Against the broader TN market, that reads as reasonable for most investors.
What are rental rates like in Thompsons Station, TN?
Expect rents around $2,351/mo per month in Thompsons Station, TN. With home values at $722K, the yield math works out to reasonable levels for rental investors.
What is it like being a landlord in Thompsons Station, TN?
Thompsons Station, TN operates under TN law, which is landlord-friendly overall for landlords. Expect predictable treatment in typical lease and eviction cases.
Can I house hack in Thompsons Station, TN?
For house hackers, Thompsons Station, TN is a challenging. The $2,351/mo rent on a unit helps defray the mortgage on a $722K property.
How should investors approach Thompsons Station, TN?
The best-fit strategy in Thompsons Station, TN is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 37179 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 37179 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 37179 ranks in Nashville-Davidson--Murfreesboro--Franklin, TN
Every ZIP in this metro, ranked. Free.
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