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Nashville

Why you'd want to live in Nashville

Nashville is famous for the Grand Ole Opry, the Ryman Auditorium, aka the Mother Church of Country Music, and twangy honky-tonks. But music is just a byproduct of the larger city culture. Music City is home to a community fiercely driven by a desire to create. Ask people what they do, and it's likely they live in the area to help build something new. This innovation positively influences the lives of residents in nearly every respect. The metro area has a blossoming job market and an exploding entertainment scene fueling an appetite (and thirst) for all things locally sourced and artisanal in craft – everything from handmade marshmallows to small batch gin. via realestate.usnews.com

Nashville Market Report

$1,050,851

AVERAGE PRICE OF 3,320 HOMES

$617,333

AVERAGE PRICE OF 6 DISTRESSED HOMES

$2,442,702

AVERAGE PRICE OF 868 MULTI-MILLION DOLLAR HOMES

$1,127,974

AVERAGE PRICE OF 1,135 NEWLY BUILT HOMES

$1,828,353

AVERAGE PRICE OF 178 HOMES WITH A POOL

$871,729

AVERAGE PRICE OF 187 REDUCED PRICE HOMES

Average Home

Average Price $1,050,851
Avg Bedrooms 2.72 beds
Avg Bathrooms 2.62 baths

Average Price by Bedrooms

1 bedroom $467,779
2 bedrooms $593,543
3 bedrooms $669,656
4 bedrooms $1,073,809
5 bedrooms $2,335,280
Nashville Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 3,395 3,399 3,424 3,415 3,393
Average Price $1,065,533 $1,057,014 $1,062,175 $1,048,760 $1,068,861
Avg Price Change +0.81% -0.49% +1.28% -1.92% +0.26%
Median Price $651,748 $649,651 $655,279 $658,236 $653,902
Med Price Change +0.32% -0.87% -0.45% +0.66% -1.63%
Avg Bedrooms 2.75 beds 2.74 beds 2.77 beds 2.78 beds 2.79 beds
Avg Bathrooms 2.64 baths 2.64 baths 2.67 baths 2.65 baths 2.67 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Hillsboro Comp High School 721 $1,688,301 75 days
James Lawson High School 435 $953,374 83 days
Maplewood Comp High School 265 $729,020 83 days
Pearl Cohn Magnet High School 541 $773,234 76 days
Stratford Stem Magnet School Upper Campus 250 $753,881 68 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,320 $1,050,851 95 days
Distressed Homes 6 $617,333 81 days
Multi-Million Dollar Homes 868 $2,442,702 123 days
Newly Built Homes 1,135 $1,127,974 103 days
Homes with a Pool 178 $1,828,353 73 days
Reduced Price Homes 187 $871,729 60 days
Keller Williams Music City | Movement Property Group
Matt Kirkegaard
4101 Charlotte Dr, Suite D160
Nashville, TN 37209
615-905-6873
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All information is believed to be accurate but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Copyright 2023 RealTracs Solutions. Listing information last updated on December 2, 2023.
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